Romania Feed
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ZF English - 15:27 Jul 22, 2021
Stanleybet Capital of the Game World Group, one of the main sports betting and gambling operators in Romania, seeks to raise EUR2.5 million to EUR4 million via a private bond placement brokered by Goldring and due to start next week, ZF has learned. The bonds mature in three years and no coupon details have been released yet. -
ZF English - 13:56 Jul 22, 2021
The non-bank financial system assets reached RON143.46 billion in 2020, an increase of 8% year-on-year and accounted for 13.59% of the GDP. This is a new high and 2.27% of it comes from the insurance sector assets, the annual end 2020 report of Romania’s Financial Supervisory Authority says. -
ZF English - 10:03 Jul 22, 2021
IFC, a member of the World Bank group, has agreed to provide a EUR73.5 million loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, the largest retail property owner in Central and Eastern Europe. -
ZF English - 08:39 Jul 22, 2021
Bergenbier, one of the largest brewers in Romania, ended 2020 with more than RON653 million revenue, Finance Ministry data show, some RON2 million more than in 2019. The profit stood at RON20.5 million. -
ZF English - 08:07 Jul 22, 2021
Preliminary estimates point to Romania’s wheat production reaching a record high of 12 million tons or EUR2.3 billion, with high yields in the west of the country and good harvests in the other regions. -
ZF English - 07:32 Jul 22, 2021
Allianz-Tiriac, the third largest insurer in Romania, ended 2020 with RON153.8 million net profit, 1.3% higher than in 2019, which makes it the most profitable insurer of all general and life insurance companies in the country. -
ZF English - 06:55 Jul 22, 2021
French-Belgian retailer Cora has recently closed its hypermarket in Baia Mare, keeping only ten such stores in Romania. This is the second time the network has closed a hypermarket in the country since Arad in 2015. -
ZF English - 06:39 Jul 22, 2021
Bucharest will have only 1.4 million inhabitants by 2050, compared with 1.8 million as statistics show in 2018, according to Eurostat data. -
ZF English - 14:37 Jul 21, 2021
Hold Invest, a company of businessman Calin Buzoianu, has completed sale of the Opera Plaza Hotel in Cluj-Napoca to the Babes-Bolyai University in a deal put at RON40 million. -
ZF English - 13:50 Jul 21, 2021
Brasov-based Visual Fan, which sells various gadgets such as cell phones and tablets under the Allview brand, will start trading on the Bucharest Stock Exchange as ALW on July 26, 2021, stockbroker Tradeville said. -
ZF English - 13:27 Jul 21, 2021
Prefera Foods, one of the largest canned food producers in Romania, has successfully completed a private placement of bonds ahead of schedule on July 20, raising EUR5 million. -
ZF English - 11:34 Jul 21, 2021
Greece’s OTE group continues the sale of its Romanian assets with the sports channels of Telekom Romania, a notification to Romania’s National Audiovisual Council on Wednesday shows. -
ZF English - 11:19 Jul 21, 2021
The value of the cars put up for sale on Romania’s largest online car marketplace Autovit.ro reached EUR1.65 billion in the first half, 40% higher on the year-ago period. -
ZF English - 08:11 Jul 21, 2021
Medical service provider MedLife (M.RO) has notified the Bucharest Stock Exchange on Wednesday that its CEO and chairman of the board Mihai Marcu sold 150,000 MedLife shares for RON17 each on July 15. -
ZF English - 06:51 Jul 21, 2021
The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for it, market sources say. -
ZF English - 06:37 Jul 21, 2021
The seven Pillar II mandatory private pension funds, which are the largest investors on the Bucharest Stock Exchange, ended June 2021 with record assets of RON84.4 billion, an increase of RON18.5 billion on June 2020, Romania’s Financial Supervisory Authority says. -
ZF English - 06:18 Jul 21, 2021
Romanian households’ debt reached about RON172.4 billion (EUR35.2 billion) at the end of the first quarter of 2021, an increase of about 4.26% on the year-ago period, while corporate debt rose 4.35% to RON220.1 billion (EUR44.9 billion), Romania’s central bank data show. -
ZF English - 11:43 Jul 20, 2021
Grain trader East Grain, held by a number of Romanian and Hungarian entrepreneurs, ended 2020 with growth of about 19% in revenue to RON359 million (EUR74.5 million) from the RON302 million (some EUR64 million) in 2019., Finance Ministry data show. -
ZF English - 09:42 Jul 20, 2021
Polish-held developer Scallier, which arrived in Romania via retail park chain FunShop Park last year, has acquired Prima Shops project built by Oasis Retail Development & Consulting in Timisoara. -
ZF English - 09:31 Jul 20, 2021
Logistics service provider H Essers SRL, the Romanian subsidiary of Belgium H Essers group, posted RON180.7 million (EUR37.5 million) revenue in 2020, a decrease of about 5% year-on-year, ZF has calculated from Finance Ministry data.