Romania Feed
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ZF English - 08:12 Dec 23, 2022
Rezolv Energy, a company owned by British investment fund Actis, has completed two new deals in the field of renewable energy in Romania, by taking over the majority stake in Low Carbon, which develops two onshore wind parks in Adamclisi and Deleni, Constanta county, and wind park Vis Viva of Buzau. -
ZF English - 07:48 Dec 23, 2022
Bioeel, owned by businessman Albert Attila, founding member, and Jean Scheftsik de Szolnok, a French citizen, estimates it will generate turnover of around RON630 million (EUR127.5 million) by yearend, up 12% from last year, in line with ZF calculations based on company data. -
ZF English - 07:34 Dec 23, 2022
Prima Development Group, a real estate developer of Oradea, has started works for a real estate project in northern Bucharest, set to be developed in two stages. -
ZF English - 07:22 Dec 23, 2022
Teodor Holhos, an ophthalmology surgeon and founder of Dr. Holhos ophthalmology clinics, a network that includes five clinics, is building a five-story hospital in Alba Iulia and plans to build a second one in Cluj-Napoca. -
ZF English - 19:55 Dec 22, 2022
State-run electricity generation company Hidroelectrica saw its share of the competitive electricity supply market grow to 8.58% after the first nine months of 2022, beating Tinmar Energy, whose market share stood at 6.21% at the end of September. -
ZF English - 17:45 Dec 22, 2022
Romania's finance ministry raised RON967 million on Thursday (Dec 22) through two government bond issues, at annual average yields of 8% and 7.88%. -
ZF English - 17:34 Dec 22, 2022
Romania’s Competition Council has approved the transaction by which NewOpCo Hungary, a branch of Waterland Group, acquires some assets of Cargill Group from Hungary. -
ZF English - 17:12 Dec 22, 2022
IMPACT Developer & Contractor (IMP.RO), one of the first companies listed on the Bucharest Stock Exchange, in 1996, and the first developer listed on the Main Market, started to benefit from the issuer's market-making services provided by Wood & Company Financial Services on December 3, 2022. -
ZF English - 16:41 Dec 22, 2022
The year 2022 brought a record number of newly established companies in Romania, with almost 100,000 limited liability firms being set up during the period January-October, according to Trade Register data. -
ZF English - 16:07 Dec 22, 2022
Romania is ranked among the top ten European Union Member States regarding the number of medium-sized companies with 50 to 249 employees, according to data from Eurostat, the statistical office of the European Union (EU). -
ZF English - 16:02 Dec 22, 2022
Targu Mures-based Aliat Group, an automotive business held by entrepreneur Alin Muresan, has sold the BMW dealer in the city to Automobile Bavaria. -
ZF English - 14:46 Dec 22, 2022
The majority of Romanians spent less on food products in 2022 and cut down on their savings and investments, according to the latest Future Consumer Index survey conducted by EY Romania experts at the beginning of December 2022. -
ZF English - 14:22 Dec 22, 2022
The European Bank for Reconstruction and Development (EBRD) is lending EUR14.4 million to the water company of Timis County in Romania, part of a EUR239 million European Union Large Infrastructure Operational Project to extend, rehabilitate and modernize its water and wastewater infrastructure. -
ZF English - 14:16 Dec 22, 2022
A team of lawyers specialized in mergers and acquisitions (M&A) of D&B David si Baias, the connected law firm of PwC in Romania, has assisted Viisoara Agro APS during the process of selling the ownership stakes held in the company Mors Group DK SRL, one of the largest owners of farmland in northern Romania. -
ZF English - 12:42 Dec 22, 2022
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON124 million, the company informed its shareholders and investors via a report to the Bucharest Stock Exchange on Thursday (Dec 22). -
ZF English - 12:09 Dec 22, 2022
The European Bank for Reconstruction and Development (EBRD) is lending EUR18 million to the water company of Dambovita County in Romania, part of a EUR325 million European Union Large Infrastructure Operational Project to extend, rehabilitate and modernize its water and wastewater infrastructure. -
ZF English - 09:29 Dec 22, 2022
Ascendis group, a leading player on the training and consulting market in the field of professional development in Romania, has ended 2022 with turnover worth above EUR10 million, 35% higher than in 2021, with the result marking a record high for a company in Romania’s training and consulting market. -
ZF English - 08:08 Dec 22, 2022
Romanian company Footprints for Retail, which operates a Retail Media platform, has closed its first funding round and attracted a EUR500,000 investment, with the company being now valued at EUR5 million. -
ZF English - 07:41 Dec 22, 2022
CFA Romania Expects Inflation To Stay In Double-Digit Territory In 2023, Leu To Reach 5.1 Units/Euro
Financial analysts part of CFA Romania estimate the Romanian currency will decline to an average exchange rate of 5.1021 unit per euro in the next 12 months, while the estimated inflation rate will register an average value of 10.68%, slightly up from October, when the analysts anticipated it would hit an average value of 10.56%. -
ZF English - 07:14 Dec 22, 2022
Romania is on Polish retailer Answear’s shortlist for the development of a logistic hub in southeast Europe, together with Bulgaria, explained Raluca Radu, country manager at Answear Romania.