Romania Feed
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ZF English - 13:57 Nov 27, 2020
Shareholders of construction materials producer TeraPlast Bistrita (TRP.RO) on Friday approved the distribution of RON45.3 million as dividends from the net profit recorded in the first nine months of 2020. -
ZF English - 13:14 Nov 27, 2020
Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a share repurchase program of maximum RON30 million in order to reduce its share capital, per ZF calculations based on a stock market report. -
ZF English - 12:40 Nov 27, 2020
The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75 million, per Labor Inspectorate data provided at the request of Ziarul Financiar. -
ZF English - 11:29 Nov 27, 2020
Raluca Tintoiu, the former general manager of NN Pensii who decided to warn the fund's 1.9 million contributors in 2017 over political decisions that could affect their savings, has won the case against the country's financial regulator which fined her at the time. -
ZF English - 10:52 Nov 27, 2020
UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the third quarter of 2020, per its latest financial report. -
ZF English - 10:45 Nov 27, 2020
Fildas, a medicine wholesaler founded by entrepreneur Anca Vlad, has leased a 3,400 sqm warehouse and 400 sqm of office space in the logistics project Czech real estate developer VGP is building in the western part of Brasov. -
ZF English - 10:22 Nov 27, 2020
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim platform, on Friday reported a turnover of RON804 million for January-September 2020, down 22% on the year, and a loss of RON32.9 million, wider than RON1.05 million in the same period in 2019, per its financial report. -
ZF English - 10:08 Nov 27, 2020
CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has acquired the Mobexpert warehouses at km 23, on the A1 highway, from Dan Sucu, owner of Mobexpert, one of the largest furniture industry groups in Romania. -
ZF English - 09:38 Nov 27, 2020
Food ordering and delivery platform foodpanda has expanded its operations to 19 new cities in 2020 and seeks to cover two other localities by the end of 2020, respectively Tulcea and Giurgiu, reaching a network of 38 cities. -
ZF English - 09:03 Nov 27, 2020
Holde Agri Invest, a Romanian company operating farmland, reported a consolidated turnover of RON26 million and a net profit of RON1.5 million for January-September 2020, and expects a turnover of RON40-45 million and an operating result of RON4-6 million for the whole 2020. -
ZF English - 08:11 Nov 27, 2020
Austrian-owned brick manufacturer Wienerberger Romania did well in the first nine months amid high demand for two reasons. -
ZF English - 07:48 Nov 27, 2020
Car sharing company Spark could be the first operator to use Dacia Spring electric cars in its fleet, as it is already in talks with the Renault Group. -
ZF English - 17:17 Nov 26, 2020
Romanian sportswear retailer GRID, owned by entrepreneurs Popa and Nania Nicolae, has opened its first store in Bucharest, in Shopping City Baneasa. -
ZF English - 13:38 Nov 26, 2020
Romania's finance ministry on Thursday rejected all bids at a tender where it targeted raising EUR500 million selling April 2025 euro-denominated bonds on the local market, central bank data showed. -
ZF English - 13:25 Nov 26, 2020
Romania's general consolidated budget posted a deficit of RON74.04 billion, or 7.05% of the gross domestic product, in the first ten months of 2020, finance ministry data showed Thursday. -
ZF English - 13:18 Nov 26, 2020
Scandinavian furniture and home décor retailer JYSK Romania reported a turnover of RON612,5 million in 2019/2020 financial year, up 5.3% on the year, and a pre-tax profit of RON81,9 million, up 8.4% from the previous year. -
ZF English - 13:02 Nov 26, 2020
Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO, suspended from trading since February 2017), on Thursday said it had submitted its reorganization plan to the Mures Courthouse on Nov 2020, which means the company could resume trading on the Bucharest Stock Exchange. -
ZF English - 12:50 Nov 26, 2020
2Performant, a Romanian technology company specialized in e-commerce and digital marketing, expects to start trading its shares under the ticker symbol 2P on the alternative trading system AeRO of the Bucharest Stock Exchange by the end of the year. -
ZF English - 11:38 Nov 26, 2020
By the end of the decade, a third of all new car sales worldwide will be electric, which would bring the total number of electric vehicles (EVs) sold in a single year to 31.1 million globally, ten million more than previously forecast, according to new analysis from Deloitte. -
ZF English - 11:24 Nov 26, 2020
Delivery firm Urgent Cargus, the second largest in Romania, has inaugurated a second warehouse near Bucharest in a EUR7.4 million investment that doubles its sorting capacity in Bucharest.