Romania Feed
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ZF English - 10:33 Jan 12, 2023
Romania's gross domestic product (GDP) grew by 1.2% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, provisional (2) estimates from the country’s statistics board INS showed on Thursday (Jan 12). -
ZF English - 10:19 Jan 12, 2023
The average net salary in Romania increased by 3.3% in nominal terms in November 2022 compared with October 2022, to 4,141 lei (EUR839), data from the country's statistics board INS showed on Thursday (Jan 12). -
ZF English - 09:24 Jan 12, 2023
Romaero Bucuresti, a strategic company for Romania’s aerospace and defense industry owned by the Romanian state, through the Economy Ministry, with 56.7% in stock, wants to boost its share capital by a maximum of RON34.4, to RON51.7 million. -
ZF English - 08:44 Jan 12, 2023
Farmec Cluj, the largest Romanian-held cosmetics maker, in 2022 posted turnover of above RON290 million, higher than in 2021, says Mircea Turdean, the company’s CEO and stakeholder, without providing more specific figures. -
ZF English - 20:33 Jan 11, 2023
Leroy Merlin, a top three player on the Romanian DIY market by revenue, posted RON3.4 billion sales in 2022, which translates into an increase of more than 30% compared with the previous year, the company’s CEO Frédéric Lamy says. -
ZF English - 19:51 Jan 11, 2023
Romania needs more than 2,500 cybersecurity specialists to fill the staff shortage currently faced by companies in the industry after three years of accelerated digitization, Andrei Avadanei, CEO of cybersecurity company Bit Sentinel, told ZF. -
ZF English - 18:05 Jan 11, 2023
Romania’s Financial Supervisory Authority, or ASF, has approved the request of the investment management firm Patria Asset Management to license a new open-end investment fund, called ETF Energie Patria-TradeVille, and register it in the public register of ASF, as per a press statement. -
ZF English - 17:03 Jan 11, 2023
Lowe Group, one of the most important communications agencies in Romania, is launching Path, a unit specialized in analyzing and interpreting strategic data for its customers. -
ZF English - 16:52 Jan 11, 2023
Adrian Negru will take over as the new Chief Executive Officer (CEO) of Raiffeisen Asset Management (RAM), which specializes in managing the investment funds of Raiffeisen Group in Romania, starting with February 1, 2023, the financial institution said in a statement. -
ZF English - 16:30 Jan 11, 2023
Scandia Food, leader of the meat-based canned food market and a famed player in the local food industry, may fully acquire the company Carniprod Tulcea, one of Romania's leading meat processors held by entrepreneur Nicolae Ciuleac, with 282 employees and a turnover of RON68 million in 2022. -
ZF English - 15:10 Jan 11, 2023
Innovation Labs – the national pre-acceleration and mentoring program for young entrepreneurs in the field of technology, said it would run the eleventh edition of the educational program in 2023, implementing a pre-program pilot component in Bucharest. -
ZF English - 14:11 Jan 11, 2023
Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. -
ZF English - 13:11 Jan 11, 2023
Citi Romania has relocated its 200 employees in capital city Bucharest to its new headquarters in the capital, located in the Tiriac Towers office building. -
ZF English - 12:47 Jan 11, 2023
The number of real estate deals in Romania stood at 59,864 in December 2022, 1,795 fewer than in November 2022, data from the national cadaster agency ANCPI showed on Wednesday (Jan 11). -
ZF English - 11:57 Jan 11, 2023
Transelectrica (TEL.RO), the operator of the national energy transmission system, has announced the first tests with LiDAR technology as part of a project aimed at improving the development and maintenance processes of Romania’s electric transmission network (RET).
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ZF English - 08:51 Jan 11, 2023
Luxury jewelry chain Teilor is expanding further on foreign markets by opening its four store in Hungary. -
ZF English - 08:43 Jan 11, 2023
Romanian-held real estate developer Alsin Management will invest over EUR40 million in developing First Estates Pipera, the first housing project in Romania set to offer free heating to all its residents. -
ZF English - 08:30 Jan 11, 2023
5 to go coffee shop chain, the biggest player in the field, ended 2022 with over EUR30 million turnover at group level, twice as high as the 2021 level and above early-2022 expectations. -
ZF English - 07:58 Jan 11, 2023
Nova Vita hospital of Targu-Mures, one of Romania’s largest private hospitals, a business founded by entrepreneur Virgil Mailat, in 2022 generated EUR7.7 million turnover, 15% higher than in 2021. -
ZF English - 07:49 Jan 11, 2023
Solarex Impex, a chemical fertilizer wholesaler, with over RON230 million turnover in 2021, is building a fertilizer plant in Preajba, Dolj county.