Romania Feed
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ZF English - 19:45 Jul 14, 2023
Romania’s industrial sales (on the domestic and external markets) increased by 17.6% in nominal terms in May 2023 compared to April 2023 and by 1.8% versus May 2022, data from the country’s statistical office INS showed on Friday (July 14). -
ZF English - 19:12 Jul 14, 2023
Private health operator MedLife (M.RO) has announced in a stock market report on Friday (July 14) that Mihail Marcu, shareholder, Chief Executive Officer (CEO) and Chairman of the Board of Directors, sold a package of 311,100 company shares, at the price of RON19 per unit. -
ZF English - 18:45 Jul 14, 2023
Hotel company Aro-Palace (ARO.RO) on Friday informed its shareholders and interested people via a stock market report that it was signed the sale-purchase contract for the Coroana-Postavarul Hotel in Brasov (central Romania) with the company Elevate Properties SRL, for the amount of EUR9.4 million. -
ZF English - 17:34 Jul 14, 2023
tbi bank continues to diversify the network of partners with the signing of an agreement with ReGeneration Academy, one of the best-known personal counseling clinics in Romania, whereby it offers Romanians the possibility of paying for psychotherapy sessions in installments. -
ZF English - 16:58 Jul 14, 2023
Fondul Proprietatea (FP.RO) should pay RON8.06 billion or almost 80% of the proceeds from its exit from Hidroelectrica (H2O.RO) as dividends to more than 19,000 shareholders this fall. This is the highest cash distribution in the history of the Bucharest Stock Exchange. -
ZF English - 15:01 Jul 14, 2023
Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 2022, central bank data showed on Friday (July 14, 2023), as cited by Ziarul Financiar (ZF) daily. -
ZF English - 11:46 Jul 14, 2023
Danube freight transporter Transport Trade Services (TTS.RO) has informed the local capital market in a stock market report released on Friday (July 24) about the start of the process for the integration of Decirom operations within TTS Group. -
ZF English - 11:33 Jul 14, 2023
Swiss cement producer Holcim, active on the local market with two factories, has appointed Claudiu Anghel to the role of director of its production facility in Campulung, starting May 2023. -
ZF English - 09:20 Jul 14, 2023
The American Chamber of Commerce in Romania (AmCham Romania) calls on decision-makers to pursue transparency and a long-term vision in defining the measures to reduce the budget deficit. -
ZF English - 07:34 Jul 14, 2023
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, announces it has finalized the operation of share capital reduction to RON87.1 million, with the capital being divided into 871,293,609 shares. -
ZF English - 06:15 Jul 14, 2023
Germany’s Rehau Group, a provider of solutions for windows, building and furniture and automotive, in 2022 posted turnover worth RON282 million, up 12% from 2021. The almost RON30 million profit was 36% above the 2021 one and the average number of employees neared 100. -
ZF English - 06:08 Jul 14, 2023
Hypermarket chain Kaufland, owned by German group Schwarz, has budgeted at least ten new stores for the 2023-2024 financial year (starting on March 1 and ending on February 28 next year) after having opened 16 units in the previous financial year in one of the best paces since it entered the market in 2005. -
ZF English - 05:59 Jul 14, 2023
Sentosa Impex, a paint manufacturer of Salaj county owned by Boca family, saw its turnover go up by only RON1 million in 2022, to RON76 million, while profit dropped by 4%. -
ZF English - 05:43 Jul 14, 2023
Life Dental Spa, a business started in 2008, plans to open three new dental clinics in 2023, with Timisoara among targeted cities. -
ZF English - 19:00 Jul 13, 2023
Electronic components manufacturer Helbako Electronica, the Romanian subsidiary of Germany’s Helbako GmbH, posted about RON176 million (EUR35.6 milion) revenue in 2022, an increase of 37% on the RON128.4 million (EUR26.1 million) of 2021, ZF has calculated from Finance Ministry data. -
ZF English - 18:33 Jul 13, 2023
Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the largest operators in the world for quick service restaurant and convenience food brands, posted RON1,046 billion (EUR211.9 million) revenue in 2022, an increase of 37% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 18:22 Jul 13, 2023
Romania's Finance Ministry raised RON1.2 billion from banks on Thursday, July 13, selling government paper maturing in 2038, at an annual average yield of 6.64%. -
ZF English - 18:16 Jul 13, 2023
Razvan Filcescu has been officially approved by Romania’s central bank to take over the role of Vice-President responsible for coordinating all business activities of First Bank. -
ZF English - 17:53 Jul 13, 2023
Electricity and natural gas supplier E.ON Energie Romania, a company member of Germany's E.ON Group, has completed the construction and installation of three photovoltaic energy generation systems for the company AgranoLand, as part of a partnership concluded in 2022, with the investment value exceeding EUR1 million. -
ZF English - 17:16 Jul 13, 2023
Raiffeisen Bank and Raiffeisen Asset Management are launching three new recurrent investment solutions of the SmartInvest series, which target investment funds Raiffeisen Euro Flexi, Raiffeisen Ron Flexi and Raiffeisen Romania Dividend.