Romania Feed
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ZF English - 20:40 Apr 13, 2023
Romania's Finance Ministry raised RON500 million from banks on Thursday (April 13) selling treasury bills maturing in 2024, at an annual average yield of 6.51%. -
ZF English - 20:37 Apr 13, 2023
Prefera Foods of entrepreneur Raul Ciurtin has sold Prefera Trading SRL to the Morad Group. Prefera Trading, previously 100% owned by Prefera Foods, holds a number of food brands and handles their distribution. -
ZF English - 20:33 Apr 13, 2023
Photon Energy Group announced that Photon Energy Engineering Romania, the Group’s Romanian subsidiary dedicated to engineering, procurement and construction (EPC) services, completed and grid-connected three photovoltaic (PV) power plants near Calafat in Romania’s Dolj County. -
ZF English - 20:19 Apr 13, 2023
Logistics space developer CTP Group, also present in Romania, plans to double the size of its network of logistics parks up to 20 million square meters of gross leasable area (GLA) by the end of the decade amid forecasts of continued strong demand for industrial and logistics space across Central and Eastern Europe (CEE). -
ZF English - 19:52 Apr 13, 2023
Romania’s industrial sales (on the domestic and external markets) rose by 7% in February 2023 from February 2022 and by 6.2% in nominal terms in February 2023 versus January 2022, data from the country’s statistical office INS showed on Thursday (March 16). -
ZF English - 19:28 Apr 13, 2023
Romania’s largest electricity generation company and the most anticipated listing on the Romanian capital market, Hidroelectrica, plans to lease office space in Bucharest via a tender. -
ZF English - 19:08 Apr 13, 2023
Romania's final electricity consumption fell by 7.4% year-over-year in January-February 2023, considering that household consumption plunged by 18.2% and public lighting by 26%, as per data from the country's statistical office INS. -
ZF English - 17:12 Apr 13, 2023
Romania’s industrial production decreased by 5% in January-February 2023 due to drops in electricity, thermal energy, gas, steam and air conditioning production and supply (-12.3%), mining industry (-1.2%) and processing industry (-3.9%), data from the country’s statistics board INS showed on Thursday (April 13, 2023). -
ZF English - 16:50 Apr 13, 2023
Romania's current account balance posted a deficit of EUR2.61 billion in January-February 2023, lower by 17% than EUR3.15 billion in the same period of 2022, central bank data showed on Thursday (April 13, 2023). -
ZF English - 10:07 Apr 13, 2023
Romania's annual inflation rate fell to 14.5% in March 2023 after reaching 15.5% in February 2023 and 15.1% in January 2023, data from the country's statistics board INS showed on Thursday (April 13). -
ZF English - 06:33 Apr 13, 2023
Grain trader Transylvania Invest, owned by Gorban family, ended 2022 with RON423.5 million turnover, up 75% on the year, in line with ZF calculations based on public data. -
ZF English - 20:57 Apr 12, 2023
Fondul Proprietatea (FP.RO) notified via its manager Franklin Templeton the investors on the Bucharest Stock Exchange that Fondul de Pensii Administrat Privat Metropolitan Life had sent a disclosure of holding over 5% of the total voting rights in the Fund. -
ZF English - 20:36 Apr 12, 2023
Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell, has reached the milestone of 100 KFC restaurants in Romania which employ more than 3,700 people countrywide, from over 20 nationalities, including South Africa, Sri Lanka, Dominican Republic, Venezuela. -
ZF English - 20:19 Apr 12, 2023
FOX Com Serv Distribution, the largest company of the Fox Group, ended 2022 with RON447 million (more than EUR90 million) revenue, an increase of 24% year-on-year, ZF has calculated from Finance Ministry data. -
ZF English - 19:36 Apr 12, 2023
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stagnated at 6.80% a year on Wednesday (April 12) for the second consecutive day. -
ZF English - 19:12 Apr 12, 2023
Two years after Coca-Cola HBC Romania became shareholder of Stockday, the B2B e-commerce platform developed by HEINEKEN Romania, Stockday announces over 740,000 orders and over 2.7 million hectoliters of beverages successfully delivered. -
ZF English - 18:43 Apr 12, 2023
Brewer Bermas Suceava (BRM.RO) posted RON30.1 million revenue in 2022, an increase of almost 5% on the previous year, the company said in its latest report available on the Bucharest Stock Exchange website. However, the sales volume shrank by 9% in 2022. -
ZF English - 17:59 Apr 12, 2023
ING Bank Romania has inaugurated a new office in the Coresi Shopping Resort located in Brasov (central Romania). -
ZF English - 16:46 Apr 12, 2023
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Wednesday in a report that its total hydrocarbon production stood at 116,300 barrels of oil equivalent (boe) per day in the first quarter of 2023, down 4% from 121.300 in the first quarter of 2022, due to the negative contribution of crude oil and natural gas. -
ZF English - 14:40 Apr 12, 2023
The average net salary in Romania increased by 0.4% in nominal terms in February 2023 compared with January 2023, to 4,270 (EUR866), data from the country's statistics board INS showed on Wednesday (April 12).