Romania Feed
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ZF English - 20:45 May 08, 2023
CANCOM SE, one of the leading integrated IT services providers in Germany, has acquired Austria's K-Businesscom-Group, including its Romanian subsidiary. -
ZF English - 20:02 May 08, 2023
Tamura Corporation, one of the largest manufacturers of electronic components in Japan, has officially announced the establishment of a subsidiary in Romania to produce battery chargers for power tools, in response to the growing demand in Europe. -
ZF English - 19:18 May 08, 2023
Footwear retailer Benvenuti posted RON30.8 million revenue in the first quarter of 2023, an increase of about 31% on the year-ago period, the retailer said. -
ZF English - 18:53 May 08, 2023
The Romanian State, through the Energy Ministry, has significantly increased its ownership stake in state-run Oil Terminal (OIL.RO), the largest port operator in the Port of Constanta, following a share capital increase aimed at including the state's plots of land into the company's patrimony. -
ZF English - 17:54 May 08, 2023
Computer and electronics retailer Altex, the leader of the local market, has budgeted EUR30 million investments for this year, which will go mostly to buying land and building stores. The amount does not include stocks of merchandise. -
ZF English - 15:40 May 08, 2023
Rompetrol Well Services (PTR.RO), Rompetrol’s oil services division, has appointed Batyrzhan Tergeussizov Chairman of the Board of Directors for a three-year term starting May 1, 2023. -
ZF English - 14:21 May 08, 2023
Lasselsberger Ceramics Romania Group, the owner of the CESAROM brand, has invested EUR1 million in a new production line for the rectification of tiles at its factory in Cluj Napoca. -
ZF English - 14:06 May 08, 2023
A total 1,644 companies went insolvent in the first quarter of 2023, which is similar to the level recorded in the same period of 2022 when 1,610 insolvent companies were registered, as per an analysis by insolvency specialist CITR. q1/ -
ZF English - 12:03 May 08, 2023
Orange Romania, the leader of the Romanian telecom market, has expanded its 5G network to the western city of Oradea, the company said in a statement. -
ZF English - 11:47 May 08, 2023
Technology startup investment platform SeedBlink and Doorway, the Italian leading fintech for online equity investing, have entered a strategic partnership to provide investors with unique access to high-potential investments in international hi-tech startups and scale-ups. -
ZF English - 07:55 May 08, 2023
Grup Serban Holding, a Romanian entrepreneurial company active in several fields of agriculture, has sealed a partnership with Intersnack Romania for the delivery of potatoes for the Chio chips range produced in Romania. -
ZF English - 07:38 May 08, 2023
Side Grup Bucuresti, a wholesaler of cleaning and hygiene products, has leased 1,500 square meters in logistic park Incity Logistic Bacau, developed by Dedeman. -
ZF English - 07:06 May 08, 2023
Compania Industrializarea Carnii (Kosarom), part of Kosarom group operating in the meat industry, a business founded by entrepreneur Neculai Apostol around 31 years ago, for 2022 reported turnover worth RON219.7 million (EUR44.5 million), up around 19% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:59 May 08, 2023
SW Umwelttechnik Romania, the local subsidiary of the Austrian company with the same name, a maker of precast concrete products, saw its turnover go up by 38% in 2022, to almost RON190 million. -
ZF English - 06:52 May 08, 2023
Aerostar Bacau (ARS.RO) a company that makes aircraft parts and provides aircraft maintenance services, in the first quarter of 2023 posted net profit worth RON30.1 million, up 50.1% from the year-earlier period, and RON124.7 million turnover, 19.6% higher from 1Q/2022, in line with ZF calculations based on the company’s financial report. -
ZF English - 07:30 May 06, 2023
Banca Transilvania financial group reported a consolidated net profit of RON837.7 million for the first quarter of 2023, of which lender Banca Transilvania's profit is RON675.9 million. -
ZF English - 20:38 May 05, 2023
The association formed by the Alpla Group (Austria), Ecohelp SRL (Romania) and United Polymer Trading (Switzerland) on Thursday (May 4) inaugurated a PET flakes processing factory in Targu Mures, following an investment of EUR7.5 million. -
ZF English - 15:40 May 05, 2023
Romanian state-owned lender CEC Bank ended 2022 with an audited net profit of RON424.3 million, up 16% from 2021, and net interest income of RON1.54 billion, up 43% on the year. -
ZF English - 13:23 May 05, 2023
Romanians bought medicines worth RON26.8 billion (EUR5.44 billion) in the period April 2022 – March 2023, at wholesale prices, 20% more than in the year-earlier period, in line with the Cegedim Customer Information report. -
ZF English - 11:00 May 05, 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.3% in unadjusted data and by 6.7% when adjusted for seasonality and number of working days, in March 2023 compared to March 2022, data from the country’s statistics institute INS showed on Friday (May 5).