Romania Feed
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ZF English - 11:32 Nov 23, 2022
Romania ranks 49th among 132 countries in terms of innovation, according to the World Intellectual Property Organization, which publishes the Global Innovation Index. -
ZF English - 11:22 Nov 23, 2022
The strong increase in authorized areas in the third quarter of 2022 canceled the decrease in the first part of the year, therefore, after the first nine months there are only 1% fewer authorized units compared to the same period of 2021, according to Colliers. -
ZF English - 09:11 Nov 23, 2022
Paper packaging producer BisBags expects EUR6.25 million turnover in 2022, up 25% from 2021. -
ZF English - 08:12 Nov 23, 2022
Electric motor plant Nidec of Oradea, owned by Japan’s Nidec, for 2021 reported RON166.4 million (EUR33.8 million) turnover, up 23.5% on the year, in line with ZF calculations based on finance ministry data. -
ZF English - 08:05 Nov 23, 2022
Automotive industry wiring producer Leoni Wiring Systems Pitesti, part of Germany’s group Leoni, currently has 300 jobs available at the wiring system plant of Bascov, Arges county. -
ZF English - 07:52 Nov 23, 2022
Poland’s alternative payments company PayPo, which provides buy now pay later-type solutions, wants to launch a mobile app on the Romanian market in 2023, set to facilitate so-called delayed payments in Romania’s offline commerce, explained Raul Durma, general manager of PayPo Romania -
ZF English - 19:49 Nov 22, 2022
Diehl Controls, a German manufacturer of components for household appliances, will invest around EUR40 million over the next ten years in an R&D center and production facility to be developed in Brasov. -
ZF English - 19:06 Nov 22, 2022
Smithfield Europe, a subsidiary of US-based Smithfield Foods, has entered into an agreement to acquire Goodies Meat Production SRL, a Romanian producer of private-label meat products for the retail channel, it said in a press release sent to Mediafax. -
ZF English - 18:34 Nov 22, 2022
The Coca-Cola System – Coca-Cola Romania and Coca-Cola HBC Romania, invested EUR37.5 million in the development of its production capacity, local operations and equipment purchases in 2021. -
ZF English - 17:17 Nov 22, 2022
Paval Holding (owner of DIY retailer Dedeman) has signed the agreement to buy CA Immo’s office space portfolio in Romania, marking a record for a Romanian investor. -
ZF English - 13:06 Nov 22, 2022
The Board of Directors of rolling stock manufacturer Atelierele CFR Grivita (ATRD.RO) has called shareholders for a general meeting on December 23, 2022 to have them vote on the distribution of RON6 million dividends or a gross divided of RON2.35122/share. -
ZF English - 11:10 Nov 22, 2022
Real estate developer Genesis Property has completed the largest renewable energy project in an office park in Romania, in its YUNITY Park (Novo Park) complex in northern Bucharest, following a EUR1 million investment. -
ZF English - 09:26 Nov 22, 2022
Romanian agribusiness company Holde Agri Invest reported RON86.5 million revenues in January-September period, up 84% from the year-earlier period, with the company exploiting a total area of 12,300 hectares, up 45%. -
ZF English - 08:55 Nov 22, 2022
Italy’s Enel, the biggest private investor in electricity distribution, will withdraw from Romania starting next year, reads an official statement of the group. -
ZF English - 08:46 Nov 22, 2022
Major retail networks in 2021 registered overall turnover almost 20% higher than in 2019, a pre-pandemic year, 60% above the consumption growth rate of the past two years (12.5%) and above the overall inflation of 2020-2021, of 7.8%, reveals Romania Retail Snapshot survey carried out by Cushman & Wakefield Echinox. -
ZF English - 08:33 Nov 22, 2022
Unirea Shopping Center, a company managing two shopping centers in Brasov and Bucharest, has decided to sell the Brasov mall. -
ZF English - 08:26 Nov 22, 2022
SIF Hoteluri, a company owned by SIF-Banat Crisana, has sealed a contract for the sale of DoubleTree by Hilton hotel of Oradea for EUR11 million. -
ZF English - 08:20 Nov 22, 2022
Romanian prime minister Nicolae Ciuca announced state pensions will rise by 12.5% starting January 1, 2023. -
ZF English - 19:26 Nov 21, 2022
Italy’s De’Longhi, a maker of home appliances, among which espresso machines and blenders, has invested EUR126.5 million in the first nine months of the year, most of which in Romania, where it owns three plants – in Jucu (Cluj County), in Madaras (Bihor) and Satu Mare. -
ZF English - 17:15 Nov 21, 2022
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, announced in a stock market report on Monday that it concluded a contract worth EUR17.5 million with Grunman Energy, part of the Paval Holding group.