Romania Feed
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ZF English - 22:00 Feb 08, 2023
PORR Construct, part of the Austrian group of the same name, has budgeted investments of more than EUR10 million in the Romanian market for 2023. -
ZF English - 22:00 Feb 08, 2023
Winemaker Purcari (WINE.RO) announced on the Bucharest Stock Exchange that Firebird funds reported a holding of over 5%, or 2 million shares, as of February 3, 2023. -
ZF English - 22:00 Feb 08, 2023
High-Tech Systems & Software (htss), a provider of business software services, is aiming for EUR40 million revenue this year, which would mean an increase of around 25% compared with last year, the company said in a press release. -
ZF English - 22:00 Feb 08, 2023
Automotive components manufacturer Optibelt Power Transmission in Tautii-Magheraus, Maramures County, the local subsidiary of the German group Arntz Optibelt, estimates about RON448.2 million (about EUR91 million) revenue for 2023, an increase of more than 22% on the almost RON336.4 million (EUR74.3 million) of last year. -
ZF English - 22:00 Feb 08, 2023
Biodegradable paper packaging manufacturer Exonia, a business controlled by entrepreneur Tiberiu Stoian, ended last year with RON31.1 million revenue, up 29% on the previous year, and EBITDA of RON10.1 million, 75% higher than in 2021. -
ZF English - 19:11 Feb 08, 2023
Romanian company Incrys (the former Crys Computers), specialized in providing consulting, testing and software development services, on Wednesday announced the acquisition of Cluj-based IT services company USOURCE, the representatives of the two companies said in a statement. -
ZF English - 18:59 Feb 08, 2023
Romania’s video game developer Amber Studio, opened almost a decade ago in Bucharest and with offices worldwide, announces the appointment of Andrea Enache as Chief Revenue Officer and Vlad Popovici as Chief Marketing Officer. -
ZF English - 18:43 Feb 08, 2023
The two Fashion House outlet centers in Bucharest’s Militari and Pallady areas had total sales of over EUR40 million in 2022, seeing increases of 34% and 19%, respectively, as per data provided by the company to Ziarul Financiar daily. -
ZF English - 16:58 Feb 08, 2023
Agra's Alba Iulia, a company owned by Romania's leading canned food company Scandia Food, has completed the acquisition of the cold cuts producer Carniprod Tulcea. The main shareholder of Carniprod Tulcea was entrepreneur Nicolae Ciuleac. -
ZF English - 16:53 Feb 08, 2023
First Bank announces the appointment of Razvan Filcescu to the position of Vice-President responsible for coordinating all business activities. -
ZF English - 16:11 Feb 08, 2023
Romania’s Financial Supervisory Authority (ASF) has approved the acquisition plan of European Bank for Reconstruction and Development (EBRD), which will get an indirect qualifying holding in Euroins, the authority said. -
ZF English - 16:06 Feb 08, 2023
2022 was a pretty good year for the Bucharest office market in terms of demand, given the generally difficult economic climate, with demand being comparable to the good times before the pandemic, while in the second half of the year, it was rather comparable to 2021, as per the annual report released by real estate consulting firm Colliers. -
ZF English - 14:13 Feb 08, 2023
BRD, the third largest credit institution in Romania after Banca Transilvania and BCR, said in its financial report for 2022, sent to the Bucharest Stock Exchange, that it would not propose its shareholders dividends from the 2022 net profit amid certain recommendations, including from Romania’s central bank BNR. -
ZF English - 11:39 Feb 08, 2023
Hotel group Ensana Hotels, which manages three hotels, ended 2022 with revenue of over RON65 million, up almost 45% versus 2019 which was the best year for the company. -
ZF English - 10:59 Feb 08, 2023
More than 60% of young people aged 15-24 globally (830 million people) will lack the skills needed for the labor market in 2030, including those for the transition to the green economy, as per the report “Why the world needs to upskill young people to enable the net zero transition” by PwC, UNICEF and Generation Unlimited. -
ZF English - 10:48 Feb 08, 2023
Clifford Chance Badea, the local office of global law firm Clifford Chance, is expanding its Litigation & Dispute Resolution practice coordinated by Simona Neagu by recruiting Vicu Buzac as senior associate and Laura Costea as associate. -
ZF English - 08:41 Feb 08, 2023
Affidea Romania, the largest imaging services provider in Romania, has taken over seven ExMed clinics of Teleorman county, thus reaching 46 units nationwide. -
ZF English - 08:33 Feb 08, 2023
CFA Society Romania is launching a financial education campaign on TikTok to help Gen Z learn more about how they can organize their travel budget, about the jobs of the future, how they can monetize their passions and what a leisure budget means. -
ZF English - 08:10 Feb 08, 2023
SafeTech Innovations, a Romanian cybersecurity firm with offices in Bucharest, London and Abu Dhabi, expects RON58.1 consolidated turnover and net profit of RON13.9 million for the current year. -
ZF English - 07:56 Feb 08, 2023
BRD Group in 2022 generated RON3.45 billion revenues, up 11.7%, while profit rose by around 1.4%, to RON1.33 billion.