Romania Feed
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ZF English - 11:22 May 17, 2021
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) ended the first three months of 2021 with a loss of RON825,462 compared with a net result of RON927,272 in the same period in 2020, while its turnover plunged 56% on the year to RON4.3 million in January-March 2021. -
ZF English - 11:04 May 17, 2021
Car parts maker Altur Slatina (ALT.RO) on Monday said it ended the first quarter of 2021 with a turnover of RON25.7 million, up 8% on the year, and a profit of RON129,508, compared with RON102,718 in the first quarter of 2020, per the company’s financial report. -
ZF English - 09:56 May 17, 2021
Romania's competition authority said Monday it has green-lit the acquisition of insurance company Gothaer Asigurari Reasigurari by Allianz-Tiriac, saying the deal didn't pose any competition hurdles. -
ZF English - 09:49 May 17, 2021
Deloitte Romania will relocate its operations in western Romania to the ISHO Offices project in Timisoara at the end of May. -
ZF English - 09:41 May 17, 2021
Romanian state airline Tarom has canceled Monday's flights to Tel Aviv amid escalating hostilities between the Israeli military and Hamas in Gaza. -
ZF English - 09:09 May 17, 2021
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Monday reported a net profit of RON14.1 million fro the first quarter of 2021, up 11% on the year. -
ZF English - 09:02 May 17, 2021
The Black Sea Trade and Development Bank (BSTDB ) said Monday it has granted a EUR20 million leasing facility to Garanti BBVA Leasing to help fund small and medium-sized enterprises in Romania. -
ZF English - 08:52 May 17, 2021
Over 40% of Romanian companies expect that deferrals and exemptions from tax obligations, technical unemployment benefits and subsidies granted by the state during the health crisis will lead to new tax inspections, according to a survey conducted by PwC in Central and Eastern Europe (CEE). -
ZF English - 08:43 May 17, 2021
Nine in ten employees want flexibility in where and when they work and given the choice, more than half of employee respondents (54%) would choose flexibility in when they work and 40% want flexibility in where they work, according to the EY 2021 Work Reimagined Employee Survey. -
ZF English - 08:32 May 17, 2021
OMV Petrom, the largest energy company in Southeastern Europe, said Monday its has closed the sale of its production assets in Kazakhstan to focus its regional expansion towards the Black Sea area. -
ZF English - 08:20 May 17, 2021
Mobile communications device repair service company Electronics Support Division (ESD) posted about RON103.3 million (EUR20.9 million) revenue in 2020, a decline of more than 7% year-on-year, Finance Ministry data show. -
ZF English - 08:15 May 17, 2021
Car parts manufacturer Compa Sibiu (CMP.RO) on Monday reported a net profit of RON4.74 million for the first quarter of 2021, up 26% compared with the same period in 2020. -
ZF English - 08:09 May 17, 2021
Zentiva Romania (SCD.RO), one of the largest generics manufacturers in Romania, reported a turnover of RON163 million for the first quarter of 2021, up 6.5% on the year, and a net profit of RON23.6 million, down 30%. -
ZF English - 12:11 May 14, 2021
Romania's current account balance posted a deficit of EUR2.549 billion in the first quarter of 2021, compared with a deficit of EUR990 million in the same period in 2020, central bank data showed Friday. -
ZF English - 11:11 May 14, 2021
Shares of organic wine producer Vifrana (BIOW.RO), listed Friday on the AeRO market of the Bucharest Stock Exchange, were trading at RON0.515/share within hours of listing, 14.4% higher than the private placement price in December 2020. -
ZF English - 11:07 May 14, 2021
McCann Worldgroup Romania will relocate its head office to the One Tower office building in the second quarter of 2021, which was developed by One United Properties in Bucharest’s Floreasca district. -
ZF English - 09:13 May 14, 2021
Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday. -
ZF English - 09:02 May 14, 2021
Construction materials manufacturer Prefab Bucuresti (PREH.RO) on Friday said it ended the first quarter of 2021 with a turnover of RON20,8 million, up 15% on the year, and a net profit of RON3,2 million, compared with RON683,058 in the same period in 2020, per the company’s financial report. -
ZF English - 08:50 May 14, 2021
Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, on Friday said it ended the first quarter of 20211 with a net profit of RON296,248, versus a loss of RON162,818 in the same period in 2020, and its revenue grew 27% to RON61.2 million, per the company’s financial report. -
ZF English - 08:38 May 14, 2021
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Friday said it ended the first three months of 2021 with a net profit of RON234 million, up 9% on the year, and revenue of RON704 million, up 10.6% from the same period in 2020.