Romania Feed
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ZF English - 19:10 Jun 06, 2023
Carmo-Lact Prod (Bistrita-Nasaud), which makes the Monor dairy products, posted RON209.4 million (EUR42.2 million) revenue in 2022, an increase of more than 32% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 18:50 Jun 06, 2023
Hotel company Aro-Palace (ARO.RO) has informed the local capital market of a sealed-bid auction for the sale of the Coroana-Postavarul hotel in Brasov (central Romania). -
ZF English - 18:31 Jun 06, 2023
Bogdan Speteanu, former CEO of BCR Leasing, and Mircea Dihel, former CEO of Tiriac Leasing, are developing a mobility-as-a-service (MaaS) platform, that will offer operating leasing services to individuals, self-employed and small companies on a monthly subscription basis, the co-founders of start-up MOOV Leasing said in a statement. -
ZF English - 17:16 Jun 06, 2023
New car registrations in Romania increased by 27% on the year to a total 60,472 units in January-May 2023, data from the association of automotive manufacturers in Romania (ACAROM) showed on Tuesday (June 6). -
ZF English - 15:13 Jun 06, 2023
Two contracts have been signed for the modernization of electricity distribution networks and the beneficiary is Distributie Energie Electrica Romania, according to Energy Minister Virgil Popescu. -
ZF English - 14:45 Jun 06, 2023
Rompetrol Downstream, the retail division of KMG International Group in Romania, has opened two new services centers on the A1 highway (the Nadlac – Sibiu road section), near the locality of Giarmata (Timis County), following an investment of $6.5 million. -
ZF English - 13:47 Jun 06, 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) decreased by 1.6% in unadjusted data and by 1.5% when adjusted for seasonality and number of working days, in April 2023 compared to April 2022, data from the country’s statistics institute INS showed on Tuesday (June 6). -
ZF English - 13:32 Jun 06, 2023
Romania’s largest power producer Hidroelectrica on June 6 officially announced intention to go public on the Bucharest Stock Exchange through a sale of up to 20% of the stake held by minority shareholder Fondul Proprietatea (FP.RO). -
ZF English - 11:52 Jun 06, 2023
EY Romania has advised the shareholders of Clarfon, the largest retail chain of hearing aids and related ENT equipment in Romania, on the sale to Value4Capital, the lower and mid-market Polish and Central European buy-out manager.
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ZF English - 10:24 Jun 06, 2023
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 11.6% in April 2023 compared to April 2022, data from Romania's statistics board INS showed on Tuesday (June 6, 2023). -
ZF English - 07:07 Jun 06, 2023
DB Global Technology, Deutsche Bank’s Bucharest tech center, in 2022 registered turnover worth RON528.7 million, 41.1% higher than in 2021. -
ZF English - 06:59 Jun 06, 2023
Local company EXE Software, specialized in software solutions development, ended 2022 with turnover of RON30.7 million (EUR6.2 million), up 16-17% from 2021, in line with its target. -
ZF English - 06:43 Jun 06, 2023
Poultry manufacturer Safir, controlled by Ghiorghi Safir, George Safir and Iulian Safir, has a EUR9 million investment budget for 2023, in line with company data. -
ZF English - 06:34 Jun 06, 2023
HEINEKEN Romania, the second largest player on the beer market, in 2022 reached net profit worth RON53 million, down 55% on the year, in line with ZF calculations. This was a four-year low. -
ZF English - 06:27 Jun 06, 2023
Sandoz, the drug factory owned by Switzerland’s Novartis in Targu Mures, ended 2022 with turnover worth almost RON562 million, up 24% from 2021. -
ZF English - 06:19 Jun 06, 2023
Private healthcare services provider Gral Medical in 2022 registered turnover of above RON238 million at group level, up almost 2% from the previous year. For 2023, the company targets 9% higher turnover at almost RON260 million. -
ZF English - 06:12 Jun 06, 2023
Automotive parts and accessories wholesaler Inter Cars Romania, part of Polish group Inter Cars, for 2022 reported turnover worth above RON1.5 billion (EUR304.5 million), 15.5% higher than in 2021. -
ZF English - 06:06 Jun 06, 2023
Fornetti Romania, a major player on the local pastry market, aims to invest around EUR4 million this year. -
ZF English - 18:26 Jun 02, 2023
Liberty Galati, the largest integrated steel producer in Romania, posted RON822 million loss in 2022 compared with RON1.4 billion net profit in 2021, Finance Ministry data show. -
ZF English - 14:48 Jun 02, 2023
Romania's foreign exchange reserves stood at EUR53.08 billion in May 2023, lower than the EUR53.34 billion in April, central bank data showed on Friday (June 2).