Romania Feed
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ZF English - 08:13 Apr 19, 2021
BRK Financial Group (BRK.RO), the only brokerage company listed on the Bucharest Stock Exchange, reported a consolidated net profit of RON10.7 million for the first quarter of 2021, compared with a loss of RON4.7 million in the same period in 2020. -
ZF English - 07:46 Apr 19, 2021
Fast-food restaurant chain Burger King grew to six restaurants in Romania at the end of last year after having opened three in 2020, a report of Poland’s AmRest group, which holds the franchise of the US brand in Romania and on several markets in the region such as Poland, Czech Republic, Bulgaria and Slovakia, shows. -
ZF English - 07:46 Apr 19, 2021
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON80.2 billion at the end of March, RON5 billion higher compared with the beginning of the year. -
ZF English - 07:16 Apr 19, 2021
The difficulty in securing raw material is one of the major issues the construction industry is facing in 2021, say the officials of paint and coatings manufacturer Fabryo bought by Netherlands’ AkzoNobel in 2018. -
ZF English - 07:06 Apr 19, 2021
Standard & Poor's Global Ratings has revised the outlook on Romania's sovereign rating to stable from negative due to decreasing fiscal risks, while maintaining the rating at BBB-/A-3. -
ZF English - 06:38 Apr 19, 2021
Consumer spending rose a lot in small cities of less than 50,000 people in the first two months of 2021 compared with the year-ago period, so sales of food, personal and household care products went up 14%, a survey by market research company RetailZoom shows. -
ZF English - 13:12 Apr 16, 2021
Romania's state-owned railway fright company CFR Marfa plans to cut staff numbers by 1,400 this year from over 5,300 at the end of 2019. -
ZF English - 12:10 Apr 16, 2021
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, has admitted for its share capital increase four investors who were able to provide issuance premiums of at least EUR1 million. -
ZF English - 11:33 Apr 16, 2021
Investment fund Evergent Investments, formerly known as SIF Moldova, ended the first quarter of 2021 with a net result of RON31.5 million, compared with minus RON69 million in the same period in 2020, while the total value of assets managed reached RON2.25 billion. -
ZF English - 11:02 Apr 16, 2021
Practic SA, one of the largest street-level retail space owners in Bucharest, held by Radu Dimofte, will distribute its shareholders a dividend of RON17.6 per share, which ensures a yield of nearly 2.7%. -
ZF English - 08:27 Apr 16, 2021
Agroland Agribusiness, part of Horia Cardos' Agroland Group, closed early, on April 15, a private placement of shares whereby the Offer was oversubscribed 15 times, up to a total RON90 million. -
ZF English - 07:01 Apr 16, 2021
Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company shows. -
ZF English - 06:17 Apr 16, 2021
More and more people are now aware they need to exercise and that a healthy body handles complicated health situations better, says Catalin Pozdarie, chief executive officer of sporting goods retailer Hervis. -
ZF English - 15:50 Apr 15, 2021
Implant Expert DSO, which operates dental clinic chain Dr. Leahu, will be opening a new clinic on April 17 in Ploiesti, following an investment of EUR500,000. -
ZF English - 15:28 Apr 15, 2021
Ascendis, the leader of the local training and organizational development consultancy market, said Thursday it has invested in .lumen, a local start-up that designs, develops and produces systems to aid the blind using advanced AI and robotics. -
ZF English - 15:02 Apr 15, 2021
David Durand is the new interim head of design at Dacia, replacing Alejandro Mesonero who is leaving Groupe Renault less than a year since his arrival in July 2020. -
ZF English - 14:49 Apr 15, 2021
Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer. -
ZF English - 14:34 Apr 15, 2021
Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target considering the country's high public debt. -
ZF English - 14:19 Apr 15, 2021
Romania's state-owned hydropower producer Hidroelectrica has started public procurement procedures for retrofitting works at its Raul-Mare Retezat hydropower station. -
ZF English - 12:17 Apr 15, 2021
The European Commission on Thursday said it has approved a Romanian scheme worth EUR500 million (nearly RON2.437 billion) aimed at supporting small- and medium-sized enterprises (SMEs) operating in the field of tourism, accommodation and food services, as well as travel agencies, against backdrop of the COVID-19 pandemic.