Romania Feed
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ZF English - 06:20 Oct 06, 2023
Killer, a meat producer of Suceava that owns both production and a store network, has invested around EUR780,000 in solar panels, which cover a third of the plant’s energy consumption. -
ZF English - 06:07 Oct 06, 2023
Polish fashion retailer Answear.com is likely to open physical stores in Romania as well, after the group in early 2023 acquired brands PRM and Sneakerstudio in Poland, brands which have also come with physical stores, explained Raluca Radu, Answear Romania country manager. -
ZF English - 23:43 Oct 05, 2023
Insurance company Groupama Asigurari remains the leader of Romania's overall insurance market, with a yet significant surge in gross written premiums, of 27.8%, in the first half of 2023, up to RON1.99 billion, compared with the same period of 2022. -
ZF English - 22:38 Oct 05, 2023
The Romanian insurance market reached a volume of gross written premiums of RON9.1 billion in the first half of 2023, an increase of almost 4% compared with the same period of 2022, the country's Financial Supervisory Authority, or ASF, said in its latest report on the performance of the insurance market in the first six months of 2023. -
ZF English - 22:03 Oct 05, 2023
The combined turnover of the firms holding the top ten spots in the National Ranking of Companies compiled by the Chamber of Commerce and Industry of Romania (CCIR) reached EUR279 billion in 2022, up 32% year-over-year (YoY), and the operating profit totaled EUR27 billion, up 38% year-over-year. -
ZF English - 19:52 Oct 05, 2023
Pharmaceutical producer Biofarm Bucuresti (BIO.RO) has informed the local capital market in a report about the decisions taken at the Extraordinary General Meeting of Shareholders of October 5, among which the approval of the sale of a property held by the company in capital Bucharest, for the amount of EUR5 million. -
ZF English - 19:22 Oct 05, 2023
Romania's Finance Ministry raised RON766.3 million from banks on Thursday (October 5), above the planned level of RON600 million, selling treasury bills maturing in October 2028, at an annual average yield of 6.94%. -
ZF English - 19:16 Oct 05, 2023
Romania’s state-owned natural gas producer Romgaz (SNG.RO) announced in a stock market report on Thursday (October 5) the conclusion of a new natural gas sales-purchase contract with E.ON Energie Romania, the largest natural gas distributor and supplier in Romania. -
ZF English - 18:50 Oct 05, 2023
Medical clinic network Centrokinetic, which specializes in orthopedics, neurology and medical rehabilitation, plans to expand with more than ten units across Romania, over the next four years, as per data from officials of growth equity fund Agista, which had bought a stake of over 30% in Centrokinetic, in August 2023. -
ZF English - 17:32 Oct 05, 2023
The management of AROBS Transilvania Software (AROBS.RO) has informed the capital market in a report released on October 5, 2023 about the appointment of Ms. Gabriela Mechea as the Company's Integration Director. -
ZF English - 16:44 Oct 05, 2023
The total monthly average income in Romania stood at RON6,910 per household, in nominal terms, and at RON2,770 per person in Q2/2023, a decrease of 1.0% compared to Q1/2023. -
ZF English - 15:21 Oct 05, 2023
Globally, the first three quarters of 2023 recorded 968 IPOs with US$101.2 billion capital raised, a 5% and 32% decrease year-over-year (YOY), respectively. -
ZF English - 14:56 Oct 05, 2023
Romania's central bank has decided at its board meeting on Wednesday (October 5, 2023) to keep its benchmark interest rate on hold at 7% a year. -
ZF English - 06:44 Oct 05, 2023
Antibiotic Iasi, the biggest Romanian-held drug producer, is mulling new export markets, including Nordic ones, where it is trying to already develop its first local partnerships. -
ZF English - 06:35 Oct 05, 2023
IPEC Alba Iulia, one of Europe’s leading producers of porcelain plates, plans to invest EUR10 million in a porcelain cup production unit. -
ZF English - 23:25 Oct 04, 2023
An International Monetary Fund (IMF) mission, led by Jan Kees Martijn, has presented in Bucharest, on October 4, its preliminary findings regarding the evaluation of Romania's economy. -
ZF English - 22:52 Oct 04, 2023
Romanian low-voltage electrical equipment maker Contactoare Buzau (CONQ.RO) has announced the acquisition of a package of 720,000 shares in Sinterom Cluj (SIRM.RO), a Romanian manufacturer of components for the automotive and electromechanical industries, from Infinity Capital Investments (the former SIF Oltenia). -
ZF English - 22:24 Oct 04, 2023
Golden Foods Snacks, which owns the ELMAS brand of seeds, peanuts and dehydrated fruits, expects exports to make up 10% of its sales in 2023, compared to 6.9% in 2022, in line with the company's half-year financial report sent to the Bucharest Stock Exchange. -
ZF English - 21:56 Oct 04, 2023
NN Pensii, the largest private pension fund operating on the mandatory segment in Romania (Pillar II), in August 2023 increased its ownership stake in telecom operator Digi (ticker symbol DIGI.RO) by acquiring shares from stock market investors. -
ZF English - 21:21 Oct 04, 2023
Poland's private equity firm Innova Capital has changed the name of Netopia SRL, in which it had acquired the majority stake in summer 2023, into UP2PAY SRL, as per an announcement made by the company and in line with Trade Register data.