Romania Feed
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ZF English - 10:46 Apr 27, 2021
Romania's general consolidated budget posted a deficit of RON14.6 billion in the first quarter of 2021, or 1.28% of the gross domestic product, lower compared with RON18 billion, or 1.7% of GDP, in the first quarter last year, finance ministry data showed Tuesday. -
ZF English - 09:52 Apr 27, 2021
Noriel Impex, the distribution division of Noriel Group, a brand operating on the toy and games market, has accessed a financing of RON6 million (EUR1.22 million) from lender Raiffeisen Bank, which is 90% guaranteed by EximBank, within the COVID-19 state aid scheme intended for large companies. -
ZF English - 09:42 Apr 27, 2021
Romania's competition authority said Tuesday it has authorized the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania. -
ZF English - 09:29 Apr 27, 2021
Private lending in Romania grew 1.8% in nominal terms and 1.4% in real terms in March compared with February, to RON290.569 billion, central bank data showed Tuesday. -
ZF English - 09:11 Apr 27, 2021
Agroserv Mariuta Raises EUR4M From Investors In Oversubscribed Offer Brokered By BT Capital Partners
Agroserv Mariuta SA, the dairy processor of Laptaria cu Caimac, has raised RON19.4 million (EUR4 million) from stock market investors, through an offer oversubscribed 3.6 times and brokered by BT Capital Partners, the investment banking and capital market division of lender Banca Transilvania. -
ZF English - 08:41 Apr 27, 2021
AFI Europe Romania has started in April renovation works for the common areas within the AFI Lakeview office building, which was acquired from South-African investment fund NEPI-Rockcastle in 2020; the investment in this project amounts to nearly EUR1.6 million. -
ZF English - 08:26 Apr 27, 2021
Ford on Tuesday confirmed it would invest $300 million to produce a new light commercial vehicle in 2023, at its assembly plant in Craiova (southern Romania), including a fully-electric version of it, in 2024. This will be the first fully-electric Ford vehicle assembled in Romania. -
ZF English - 07:35 Apr 27, 2021
Dermo-cosmetics sales continued to increase in 2020, while sales of perfume and make-up dropped, says Rucsandra Hurezeanu, founder of cosmetics producer Ivatherm. -
ZF English - 07:15 Apr 27, 2021
MedLife Group (M.RO), the leader of the private medical services market in Romania, targets a turnover of over RON1.2 billion, on a group level, in 2021, up 15% on the year, according to its revenue and expenditure budget for 2021. -
ZF English - 07:14 Apr 27, 2021
Builder Synergy Construction ended 2020 with RON328 million revenue, more than double the 2019 level, Finance Ministry data show. -
ZF English - 06:36 Apr 27, 2021
Cris-Tim group, one of the largest cold cuts producers in Romania, is looking for space in good locations to expand its own retail chain in 2021, its officials say. -
ZF English - 16:09 Apr 26, 2021
Shareholders of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, on Monday approved the distribution of dividends amounting to RON4.3 million from the 2020 profit plus RON29 million from reserves. -
ZF English - 14:44 Apr 26, 2021
Shareholders of Romanian pharmaceutical company Biofarm Bucuresti (BIO.RO) on Monday approved the company's plans to distribute dividends totaling RON21.7 million. -
ZF English - 14:31 Apr 26, 2021
Investment vehicle Simple Capital is investing in fintech solutions startup DIP Software by acquiring 10% of the startup's shares, seeking to accelerate its global development. -
ZF English - 13:31 Apr 26, 2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, received shareholder approval Monday to distribute dividends totaling RON472 million from its 2020 profit. -
ZF English - 12:28 Apr 26, 2021
Venture capital fund Mozaik Investments, with regional focus, has bought into Flavours Group, which includes the Stradale restaurant chain, and has a EUR5 million expansion plan. -
ZF English - 12:11 Apr 26, 2021
Romania's finance ministry on Monday raised 659.5 million lei (EUR134 million), versus a RON500 million target, selling bonds maturing in January 2028 at an average yield of 2.8%, central bank data showed. -
ZF English - 11:53 Apr 26, 2021
Shareholders of Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Monday approved the distribution of 50% of the company’s 2020 profit under the form of dividends, with a gross value of RON0.00276217 per share, which translates into a yield of 1.5% relative to Monday’s trading price on the stock market. -
ZF English - 11:38 Apr 26, 2021
Romanian technology company 2Performant Network (2P.RO), listed on the AeRO market of the Bucharest Stock Exchange, under the ticker symbol 2P, targets a turnover of RON25.58 million at the end of 2021, up 26% from 2020. -
ZF English - 11:15 Apr 26, 2021
Procter & Gamble Romania (P&G) inaugurates its new factory in Urlati, Prahova, where it will produce laundry detergent pods, creating over 200 new jobs.