Romania Feed
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ZF English - 18:30 Mar 16, 2023
Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, ended 2022 with a turnover of RON210 million (some EUR42.5 million), compared to RON180 million (nearly EUR36 million) in 2021, up 16.6% on the year, as per calculations by Ziarul Financiar (ZF) daily based on data released by the company on Thursday. -
ZF English - 18:07 Mar 16, 2023
Agricultural cooperative Cooperativa Tara Mea will be investing EUR2.5 million in launching a series of "ready to cook" & "ready to eat" products based on a partnership with poultry meat producer AAylex ONE. -
ZF English - 17:22 Mar 16, 2023
Romania’s industrial sales rose 6.8% in January 2023 from January 2022 and dropped by 5.3% in nominal terms in January 2023 versus December 2022, data from the country’s statistical office INS showed on Thursday (March 16). -
ZF English - 16:30 Mar 16, 2023
Romania's current account balance posted a deficit of EUR949 million in January 2023, 15% lower than in January 2022, central bank data showed on Thursday (March 16, 2023). -
ZF English - 15:07 Mar 16, 2023
Dr Fischer Dental (DENT.RO) a dental lab operator, has bought a dental laboratory in Germany through its subsidiary Dr. Fischer Dental GmbH, in a EUR170,000 investment. -
ZF English - 14:54 Mar 16, 2023
TotalSoft, one of Romania’s biggest software producers, ended 2022 with a turnover of over EUR31 million, up over 26% from 2021, company representatives said in a statement. -
ZF English - 14:37 Mar 16, 2023
The European Investment Bank (EIB) and the European Investment Fund (EIF) signed more than EUR1 billion in financing for new investments across Romania. -
ZF English - 14:15 Mar 16, 2023
Creative, marketing and brand strategy agency MullenLowe Romania has announced the appointment of Anca Iuhas as Head of Strategy, a position she had previously held at advertising, marketing, and public relations agency Ogilvy Romania. -
ZF English - 13:29 Mar 16, 2023
Interest in electric and hybrid cars remains high among consumers, mainly due to the lower fuel costs compared to internal combustion engines, to the concern about climate changes and the government incentives programs, according to Deloitte 2023 Global Automotive Consumer Study.. -
ZF English - 11:33 Mar 16, 2023
The average net salary in Romania decreased by 3.3% in nominal terms in January 2023 compared with December 2022, to 4,254 (EUR866), data from the country's statistics board INS showed on Thursday (March 16). -
ZF English - 09:05 Mar 16, 2023
The factoring market reached EUR7.85 billion in 2022, marking a record high increase of 30% on the year, with domestic factoring operations accounting for EUR6.78 billion, up 35% from 2021, the Romanian Factoring Association (ARF) said on Thursday. -
ZF English - 08:35 Mar 16, 2023
Meta Estate Trust, a holding-type company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, will be included in the BETAeRO index starting March 20. -
ZF English - 08:13 Mar 16, 2023
APS Group, a CEE asset manager, has bought a EUR24 million non-performing loan portfolio from a bank of Romania. -
ZF English - 21:20 Mar 15, 2023
Real estate developer Speedwell will invest EUR500 million in a mixed-use project on the 9-hectare former industrial site of Griro, on Calea Grivitei in Bucharest, the company said. -
ZF English - 20:56 Mar 15, 2023
Belgian-held drywall products maker Etex Building Performance (formerly Siniat Romania) posted RON357 million revenue in Romania in 2022, an increase of 21% year-on-year. The growth came from an increase in prices, not from an increase in volumes. -
ZF English - 20:14 Mar 15, 2023
East Group based in Cluj County, held by several entrepreneurs from Romania and Hungary, targets a consolidated turnover of RON1.167 billion (EUR236.9 million) in 2023, up almost 10% from a total turnover of RON1.063 billion (EUR215.7 million) recorded in 2022. -
ZF English - 20:01 Mar 15, 2023
Timisoara is becoming a weekend destination now that it is European capital of culture this year, and organizes events on weekends, which is a big plus for tourism, says entrepreneur Marius Cristescu, who owns Bega Turism together with his brother. -
ZF English - 19:46 Mar 15, 2023
Hidroelectrica, the largest electricity producer in Romania and a company that is preparing to be listed on the Bucharest Stock Exchange, has concluded a joint venture partnership with Abu Dhabi Future Energy Company Masdar for the purpose of developing, investing, building and operating renewable energy projects in Romania. -
ZF English - 18:44 Mar 15, 2023
Romanian state-run lender CEC Bank said it would continue to finance Romanian entrepreneurs in 2023 through the IMM Invest Plus government programs, by granting subsidized loan interest and fees. -
ZF English - 16:17 Mar 15, 2023
Cardiomed Medical Center in Targu Mures, specialized in cardiovascular disease diagnosis and treatment, has purchased from Siemens Healthineers the world's first photon-counting CT scanner, Naeotom Alpha.