Romania Feed
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ZF English - 21:38 Dec 12, 2022
French-held retailer Carrefour will inaugurate a new warehouse in Romania in 2023, which will be located in the east of the country. The retailers’ officials say the decision for the logistics development comes as a result of the expansion of the store chain. -
ZF English - 20:25 Dec 12, 2022
Romanians spent EUR261 million in the top ten footwear store chains in Romania last year. The amount is 6.5% lower than in the benchmark year 2019, the last year before the pandemic, according to ZF’s calculations Cushman & Wakefield Echinox data. -
ZF English - 19:11 Dec 12, 2022
Fifteen flights operated by low-cost airline Wizz Air to and from Romania have been cancelled on Monday (Dec 12) alone. -
ZF English - 19:01 Dec 12, 2022
MIRDATOD Prod, owner of the Lactate de Ibanesti dairy brand, plans to diversify distribution channels to direct consumers next year, owner Mircea Todoran says. -
ZF English - 18:30 Dec 12, 2022
Romania's state-owned postal operator Compania Nationala Posta Romana has inaugurated its first subsidiary abroad on Monday (Dec 12), in Chisinau, the capital city of the Republic of Moldova. -
ZF English - 17:34 Dec 12, 2022
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Monday (Dec 12) that Unit 1 was reconnected to the national power grid on the evening of December 11, 2022 and it has reached nominal power on the morning of December 12, 2022. -
ZF English - 17:27 Dec 12, 2022
Romania's finance ministry raised almost RON1 billion on Monday (Dec 12) through two government bond issues, at annual average yields of 7.05% and 7.48%. -
ZF English - 16:56 Dec 12, 2022
The Meta Estate Trust (MET.RO) holding, which operates in the real estate industry, has acquired several residential units within projects carried out on the Romanian seaside by developer Sopra Estate Holding, as per a press statement. -
ZF English - 16:03 Dec 12, 2022
The limited access to lending, combined with young generations’ preference for more flexibility, stimulate the rental market and create the necessary framework for the emergence of the built-to-rent residential developments”, said Andreea Hamza, Senior Director Living, JLL Romania. -
ZF English - 13:34 Dec 12, 2022
Corina Vasile has taken over the position of executive director of the Romanian Employers Association in the Software Industry (ANIS), starting December 2022. -
ZF English - 12:42 Dec 12, 2022
Inflation is a top concern for two-thirds of consumers in Romania, followed by the invasion of Ukraine and healthcare costs, according to the “Consumer Sentiment Survey” conducted by McKinsey&Company Romania in November 2022. -
ZF English - 11:23 Dec 12, 2022
Faced with high inflation, an energy crisis and falling consumer confidence, the biggest opportunity for tech companies in 2023 is to adopt an active mergers and acquisitions (M&A) strategy – according to EY's annual report "Top 10 opportunities for technology companies in 2023". -
ZF English - 11:15 Dec 12, 2022
Romania's trade balance posted a deficit of EUR28.4 billion in January-October 2022, higher by EUR9.1 billion compared with the first ten months of 2021, data from the country's statistics board INS showed on Monday (Dec 12). -
ZF English - 08:44 Dec 12, 2022
Grup Serban Holding, a Romanian entrepreneurial company active in several fields of agriculture, has relaunched four Granero-branded product ranges by changing recipes and rebranding. -
ZF English - 08:33 Dec 12, 2022
THR Marea Neagra, controlled by Transilvania Investments, is putting up six hotels for sale and another six for rent, meaning that after tenders are completed the company will have no hotels left under management. -
ZF English - 08:24 Dec 12, 2022
WIP Industries Romania, a supplier of components for the furniture industry and the local subsidiary of Sweden’s WIP Holding, currently has 62 jobs available for its plants of Cluj county. -
ZF English - 08:12 Dec 12, 2022
Adrian Cocan, general manager of Agroserv Mariuta, which has the Laptaria cu Caimac brand in its portfolio, says the focus is currently on launching new products and finding partners abroad to export on markets that can support sales growth. -
ZF English - 08:04 Dec 12, 2022
ROCA Industry holding wants to continue expansion and acquire new companies, which in their turn should grow via M&A deals, explained Ionut Bindea, ROCA Industry chairman. -
ZF English - 07:57 Dec 12, 2022
Apemin ZIZIN, a mineral water producer held by Lazar family, will open a new plant next year in the wake of an over EUR5 million investment. -
ZF English - 07:51 Dec 12, 2022
Sweden’s Electrolux, which owns a plant in Satu Mare, this autumn opened a new hob production line in Romania. Thus, the production capacity of the local plans has reached 1.3 million units.