Romania Feed
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ZF English - 15:59 May 30, 2023
The shares of real estate developer One United Properties (ONE.RO) will be included in the MSCI Frontier Markets Small Cap and MCSI Romania Small Cap indices, the company said in a release. -
ZF English - 15:13 May 30, 2023
Romanian software developer mindit.io had a consolidated turnover of over EUR13 million in 2022, up 40% on the year, and a net profit of roughly EUR3.16 million. -
ZF English - 14:03 May 30, 2023
certSIGN, a Romanian IT&C company and a significant producer and developer of cryptographic solutions in Romania, reports a consolidated turnover of RON24.5 million for the first quarter of 2023, up 52% compared to the same period of 2021. -
ZF English - 12:14 May 30, 2023
In 2022, 65% of companies in Romania got involved in CSR (corporate social responsibility) because it was part of their sustainability strategy, and only 35% compared to 55% in 2021, because it was part of their public relations strategy, as per the survey on the “Dynamics and perspective of CSR in Romania." -
ZF English - 09:13 May 30, 2023
Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing on Tuesday (May 30) the first international issue of green Eurobonds of a Romanian bank, under the stock symbol BCR27E, totaling EUR700 million. -
ZF English - 08:32 May 30, 2023
Logistic companies’ expansion supported demand on Romania’s warehousing space market, which in the first three months of 2023 totaled over 330,000 square meters, up 10% from the year-earlier period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox. -
ZF English - 08:05 May 30, 2023
Bucharest remains the most dynamic city in the area of office leasing, but its weight in overall deals shrank in 1Q/2023 to 75% from 84% in the year-earlier period, with companies also focusing on Timisoara, Iasi and Cluj-Napoca, reveals an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. -
ZF English - 07:51 May 30, 2023
French retailer Auchan has leased 2,600 square meters in the second phase of U•Center project, developed by Forte Partners in Bucharest’s Tineretului area, and is set to open a large supermarket. -
ZF English - 20:49 May 29, 2023
Therme Nord Bucuresti, the operator of the relaxation complex Therme on the outskirts of Bucharest, posted RON175.3 million revenue in 2022, an increase of 140% on 2021, Finance Ministry data show. -
ZF English - 20:21 May 29, 2023
Catena, the largest retail pharmacy chain in Romania, ended 2022 with more than RON6.3 billion sales, an increase of 22% on the RON5.1 billion of 2021. -
ZF English - 19:52 May 29, 2023
Romanian producer of organic agricultural products, Norofert (NRF.RO) ended the first quarter of 2023 with a net profit of RON1.7 million, down 12.1% on the year, and a turnover of RON13.1 million, down 19.3% on the year, as per data from the company's quarterly financial report published by the Bucharest Stock Exchange. -
ZF English - 19:10 May 29, 2023
Groupe Atlantic, a French company operating in the sector of HVAC (heating, ventilation and air conditioning), has purchased a plot of land and an industrial hall in the PWP BUCHAREST NORTH industrial park in the area of Aricestii Rahtivani (Prahova County), where it will start the manufacturing of equipment. -
ZF English - 19:06 May 29, 2023
October could see the start of a new company on the Bucharest Stock Exchange, as Exonia Holding, owner of the biodegradable paper packaging maker by the same name is considering a private placement at the beginning of the fall, followed by listing on the local capital market as EXO, says Exonia chief executive officer Tiberiu Stoian. -
ZF English - 18:32 May 29, 2023
The Board of Directors of aluminum producer Alro Slatina (ALR.RO) has decided in its meeting of May 29 to reconfirm Gheorghe Dobra as General Manager of the company for a four-year mandate, as per a stock market report. -
ZF English - 18:06 May 29, 2023
Software industrial company Honeywell has extended its lease contract for office spaces in Globalworth’s BOC office building in northern Bucharest and will occupy over 24,000 square meters. -
ZF English - 16:20 May 29, 2023
Romania's Finance Ministry raised RON817 million from banks on Monday (May 29), selling government paper maturing in 2030, at an annual average yield of 7.09%. -
ZF English - 16:07 May 29, 2023
Germany's Kaufland Group had a turnover of RON16 billion in Romania in 2022, up 15% on the year, and a net profit of RON884 million, down roughly 1% versus 2021, as per data released by the finance ministry. -
ZF English - 15:38 May 29, 2023
Retail, agribusiness and food group Agroland Business System (AG.RO), which owns the largest farm supply store chain in Romania, posted RON69.7 million revenue in the first quarter of 2023, an increase of 4% on the year-ago period. -
ZF English - 14:17 May 29, 2023
Insurance company Allianz-Tiriac, part of Germany's Allianz Group, ended the first three months of 2023 with total underwritings of RON848 million, up 4% on the year, with sales growth being generated exclusively by the voluntary insurance segment. -
ZF English - 10:28 May 29, 2023
Akcent Development, part of Romanian entrepreneurial group Alfa Group set up by Alin Niculae, over the last months has concluded a series of lease contracts for the office building Eminescu Offices, which reached an occupancy rate of 70%, according to the company.