Romania Feed
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ZF English - 08:37 Jun 28, 2021
OMV Petrom, the largest energy company in South-Eastern Europe, will invest approximately EUR70 million at the Petrobrazi refinery, to replace facilities that are essential during the refining process, the company said Monday. -
ZF English - 08:29 Jun 28, 2021
Courier services company Nemo Expres Logistic(NemoExpress), owned by Dan-Dumitru Serbanescu, takes its first step on the capital market Monday by listing corporate bonds totaling EUR1.57 million, traded under the ticker symbol NEMO23E. -
ZF English - 08:16 Jun 28, 2021
Brick Romania, a local DIY and home improvement retailer in Constanta, had a turnover of RON62.6 million in the first half of 2021, up 15% compared with the same period last year. -
ZF English - 08:04 Jun 28, 2021
Shareholders of construction materials producer TeraPlast (TRP.RO) have approved company plans to grant EUR45 million worth of dividends (RON226.6 million) and distribute free shares. -
ZF English - 07:34 Jun 28, 2021
Audit, tax and advisory services company Mazars Romania posted RON43.7 million revenue last year, an increase of 25% year-on-year from the RON34.9 million of 2019, the company said in a reply to ZF’s questions for a new edition of the `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook. -
ZF English - 07:20 Jun 28, 2021
There is a lot of room for growth on Romania’s computer and electronics market because some brands are not sold in this country even though they are internationally famous, says Alexandru Stoinea, country head of consumer business with Asbis, a wholesaler of electronics, home appliances and computer products. -
ZF English - 07:15 Jun 28, 2021
Financial analysts expect the Romanian leu will depreciate to over 5 units to the euro in the next 12 months (June 2021-June 2022), while inflation is seen averaging 3.75% during the same period, a monthly poll by CFA Romania showed Monday. -
ZF English - 06:41 Jun 28, 2021
CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe, has decided to speed up construction plans started this year. -
ZF English - 06:35 Jun 28, 2021
Romanian IT solutions integrator and training provider Bittnet Systems (BNET.RO) announced Monday it has signed an agreement to acquire 20% of Czech IT company DataScript for EUR275,000. -
ZF English - 14:06 Jun 25, 2021
Agroland (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has opened its seventh MEGA store this year and 12th in total. The unit has 677 sqm and cost EUR0.5 million excluding stock. -
ZF English - 12:46 Jun 25, 2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) said Friday supervisory board members have appointed Bogdan Toncescu as interim CEO for a four-month period starting June 25. -
ZF English - 12:40 Jun 25, 2021
Aston Martin director of design Miles Nürnberger has left the British brand after 13 years to take up a similar role at Dacia starting September 1. -
ZF English - 09:57 Jun 25, 2021
Agricultural cooperative Cooperativa agricola integrata Tara Mea ended 2020 with a turnover of RON153 million, up 3.6% from 2019, per data from financial analysis platform Confidas.ro. -
ZF English - 09:19 Jun 25, 2021
OSCAR Downstream, the largest independent player on the Romanian oil market, on Friday said it had invested EUR50 million in its business development over the last five years and seeks to expand on the long term. -
ZF English - 08:48 Jun 25, 2021
Aqua Bilbor, the producer of carbonated and non-carbonated water brand Izvoarele Calimani, targets investments of nearly EUR10 million to develop its business over the next two years, in order to reach a production capacity of over 100 million liters per year at the end of 2023, per company data. -
ZF English - 08:09 Jun 25, 2021
The bonds issued by Nemo Express, one of the largest courier services companies in Romania, will start trading on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange on June 28, under the ticker symbol NEMO23E. -
ZF English - 07:06 Jun 25, 2021
Ameropa Grains, one of the largest grain traders in Romania, posted RON3 billion revenue in 2020, down 19% on the previous year, ZF has calculated from the data the company supplied. -
ZF English - 06:46 Jun 25, 2021
The ten largest companies in Romania to go insolvent in 2021 posted almost RON2 billion revenue last year and four of them even made profit. -
ZF English - 14:40 Jun 24, 2021
The Foreign Investors Council (FIC), which includes over 120 multinational companies, has decided on a new executive team, led by Cristian Secosan, CEO of Siemens Romania and Moldova, as FIC president for the 2021 – 2022 mandate. -
ZF English - 13:55 Jun 24, 2021
Porcelain products manufacturer and IKEA supplier Apulum Alba Iulia had a turnover of RON148.6 million in 2020, 12% lower than in 2019, finance ministry data showed.