Romania Feed
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ZF English - 16:31 Mar 28, 2023
Elian Solutions, part of Bittnet Group, a provider of ERP business solutions, saw a 74% surge in its 2022 turnover, up to RON11.9 million, as compared to RON6.85 million in 2021. -
ZF English - 15:58 Mar 28, 2023
Romania’s general consolidated budget posted a deficit of RON17.04 billion in January-February 2023, or 1.07% of gross domestic product (GDP), according to the finance ministry. -
ZF English - 11:49 Mar 28, 2023
After reaching a record high of 96.78% in 2020, the import dependency for the entire family of crude oil and petroleum products declined to 91.67% in 2021, according to a Eurostat report. -
ZF English - 11:14 Mar 28, 2023
Electrica has completed the acquisition of the project company Sunwind Energy SRL which develops the photovoltaic project company “Satu Mare 2”, with a projected installed capacity of 27.055 MW. -
ZF English - 10:27 Mar 28, 2023
The majority of family-owned businesses in Romania (82%) increased their sales in the last financial year, higher than 55% in 2021, a year still affected by the pandemic, and above the 71% recorded globally, according to PwC’s Global Family Business Survey. -
ZF English - 07:31 Mar 28, 2023
Bento-Intelectually Curious, a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, aims for operating revenues worth RON46.7 million in 2023, up 32% from 2022, and net profit worth RON9.3 million, up 65% year-on-year. -
ZF English - 07:14 Mar 28, 2023
SIF Oltenia wants to sell the 29.27% stake it holds in Turism Felix Baile Felix (TUFE) company, at a minimum price of RON44.5 million. -
ZF English - 07:03 Mar 28, 2023
Candidates’ interest in remote jobs stayed high in the first three months of 2023, while the number of applications for jobs abroad registered a significant decline, reveals an analysis by eJobs.ro, the biggest online recruitment platform in Romania. -
ZF English - 06:44 Mar 28, 2023
Romanian business managers predict soaring prices in retail and constructions, but also in industry and services, during March-May 2023 period, in parallel with moderate activity growth in the processing industry and services, in line with a survey by the country’s statistical board INS. -
ZF English - 06:27 Mar 28, 2023
Sofidel Romania, the producer of hygienic sanitary paper brands such as Onda, Volare and Regina, for 2022 reported turnover worth RON349.7 million (EUR70.9 million), up 30% from 2021, and switched back to profit, with net gains of RON10.2 million (EUR2 million), from net losses of RON9.1 million (around EUR1.8 million) in 2021. -
ZF English - 06:20 Mar 28, 2023
Baupartner Construct, part of Baupartner group controlled by Michael Dietrich, is the general entrepreneur in charge with building Promenada Mall of Craiova, the biggest mall in Romania in the past seven years. -
ZF English - 19:43 Mar 27, 2023
Furniture and home products retailer JYSK continues its expansion plans in Romania and opens a new store in Campulung Muscel on Thursday, March 30, bringing its network to 131 stores in the country. The new JYSK store in Campulung Muscel has a total area of 1,400 square meters. -
ZF English - 18:54 Mar 27, 2023
Romania's Finance Ministry raised RON556 million from banks on Monday (March 27) selling bonds maturing in 2027, at an annual average yield of 7.15%. -
ZF English - 18:42 Mar 27, 2023
Unilever, one of the world's largest producers of consumer goods, has completed its investment in the development of food production in Prahova County (Ploiesti) in Romania, ZF sources say. The investment stands at EUR40 million-EUR50 million, one of the largest in the local food industry in recent years. -
ZF English - 18:15 Mar 27, 2023
Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by the Extraordinary General Meeting of EximBank Shareholders on Monday. -
ZF English - 17:17 Mar 27, 2023
AirConnect, an airline established by Tudor Constantinescu and four other private investors in 2021, launched its first scheduled domestic and international flights on Monday. -
ZF English - 15:47 Mar 27, 2023
Combinatul de Ingrasaminte Chimice (CICh) Navodari, the only Romanian producer of fertilizers and professional biostimulants, has appointed Mihai Anitei, former country manager of Swiss-held Ameropa, which operates the largest grain trader and the largest fertilizer producer in Romania, chief executive officer. -
ZF English - 13:47 Mar 27, 2023
eMAG’s chief marketing officer Irina Pencea has been appointed chief executive officer of eMAG Romania, a position held by Tudor Manea in the last two years, who is also the group CEO. -
ZF English - 08:26 Mar 27, 2023
2Performant, the main player on Romania affiliated marketing market, expects RON48.6 million turnover in 2023, up 39% from 2022, and RON836,000 profit, three times bigger than the 2022 figure. -
ZF English - 08:11 Mar 27, 2023
Romania’s operating leasing market in 2022 rose in line with the automotive market, going beyond 80,000 units under management, representing an increase by over 4,000 cars, 5% respectively, from end-2021, in line with estimates by the association of operating leasing companies (ASLO).