Romania Feed
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ZF English - 12:31 Mar 23, 2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said Tuesday in a market report it has deposited RON151 million with CEC Bank for one year at a negotiated interest of 1.75% a year. -
ZF English - 09:25 Mar 23, 2021
SanoPass, a Romanian start-up that aggregates independent medical service providers to sell preventive medical care packages to companies as employee benefits, has attracted bridge financing of EUR800,000 to invest in marketing, sales, integrating AI and launching new products. -
ZF English - 08:58 Mar 23, 2021
Romanian pharmaceutical company Biofarm Bucuresti (BIO.RO) estimates its turnover will grow 15% in 2021 compared with 2020, to over RON250 million. -
ZF English - 08:37 Mar 23, 2021
Private lending in Romania grew 0.7% in nominal terms and 0.3% in real terms in February compared with January, to RON285.543 billion, central bank data showed Tuesday. -
ZF English - 07:00 Mar 23, 2021
Romania’s government has granted some EUR100 million worth of state aid for six home appliances industry investment projects in the last five years. The investments stand at more than EUR210 million, according to the projects submitted with the state aid application. -
ZF English - 07:00 Mar 23, 2021
Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if Romania decides how to handle contracts for difference (CfD), which guarantee investors an energy price for a set period of time. -
ZF English - 14:35 Mar 22, 2021
Romania's finance ministry on Monday raised 400 million lei (EUR81.8 million), as planned, selling treasury bonds maturing in November 2024 at an average yield of 2.4%, central bank data showed. -
ZF English - 14:29 Mar 22, 2021
South-African investment fund NEPI Rockcastle, the biggest real estate developer in Romania with projects of over EUR2 billion, on Monday urged authorities to rethink the free transfer of a 46-hectare land in the Romexpo area in northern Bucharest to the Chamber of Commerce. -
ZF English - 13:41 Mar 22, 2021
Real estate developer Iulius Group has started work on the first Family Market retail project, a EUR7 million investment in Miroslava, Iasi county. -
ZF English - 13:31 Mar 22, 2021
Around 97% of Romanians use smartphones and over 40% have been using their current phone for at least two years, telecom operator Telekom Romania said Monday, citing the Hootsuite Digital 2021 report. -
ZF English - 13:19 Mar 22, 2021
Electronics retailer Flanco said Monday it registered sales of RON1.08 billion in 2020, down 10.8% on the year as over 70 of its 156 stores were closed during lockdown, but turned a profit of RON22.3 million, down 44% on the year. -
ZF English - 13:07 Mar 22, 2021
Organic fertilizer producer Norofert (NRF.RO) seeks to raise its share capital by a maximum of RON3.4 million by issuing and distributing free shares from its 2020 profit. -
ZF English - 09:59 Mar 22, 2021
Individual investors bought RON1.4 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday, March 19. -
ZF English - 09:50 Mar 22, 2021
Lender ING Bank Romania on Monday said its revenues grew 3% in 2020, to RON2.1 billion, but it pre-tax profit dropped 37% on the year, to RON574 million. -
ZF English - 09:33 Mar 22, 2021
Romanian game developer Amber reported a turnover of RON85 million in 2020, topping the $20 million threshold, up 58% compared with 2019, following expansion. -
ZF English - 08:49 Mar 22, 2021
Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric model, Dacia Spring. -
ZF English - 07:54 Mar 22, 2021
Sphera Franchise Group (SFG.RO), one of the major actors on the restaurant market in Romania by sales and number of restaurants, paid some RON58.59 million rent in 2020, RON9.3 million less than in 2019. -
ZF English - 07:37 Mar 22, 2021
Boutique investment fund manager Adventum, run by a Hungarian team of managers but officially based in Malta, is looking into buying Hermes Business Campus office complex in Bucharest from Belgian developer Atenor, real estate market sources say. -
ZF English - 07:10 Mar 22, 2021
Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park portfolio in the country and the first 131 MW project in Arges has already been approved by national grid company Transelectrica. -
ZF English - 15:03 Mar 19, 2021
Romania's government on Friday decided to allot RON1.5 billion for this year's state-guaranteed mortgage lending program, which allows homebuyers to buy homes of up to EUR140,000.