Romania Feed
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ZF English - 07:59 Nov 02, 2022
International Lazar, a company specializing in freight transportation, controlled by entrepreneur Ion Lazar, aims to boost its turnover by 18-20% by yearend, according to the company’s officials. -
ZF English - 07:52 Nov 02, 2022
Finnish tire producer Nokian Tyres, one of the world’s largest on this market, has announced it will invest EUR650 million in a production unit set to be built in Oradea. -
ZF English - 07:45 Nov 02, 2022
Sanador Hospital, one of Romania’s biggest private healthcare providers, owned by Andronescu family, has invested EUR6 million in a completely digitalized operating room block, a first for Romania, including two operating rooms. -
ZF English - 22:00 Nov 01, 2022
HiSky airline, founded by Iulian Scorpan from the Republic of Moldova, is expanding its range of routes operated from Cluj-Napoca airport with a new international destination, Israel. -
ZF English - 22:00 Nov 01, 2022
Romania’s energy market watchdog ANRE approved on Tuesday, during the meeting of the Regulatory Committee, the National Natural Gas Transmission System Development Plan (PDSNT) for the 2022-2031, drafted by the natural gas transmission and system operator SNTGN Transgaz (TGN.RO). -
ZF English - 20:45 Nov 01, 2022
Romgaz (SNG.RO), a state-run natural gas producer and supplier, on November 1 announced a deal with Electrocentrale Bucuresti, the main provider of heating via the central heating system of Bucharest, a report to the Bucharest Stock Exchange shows. -
ZF English - 20:19 Nov 01, 2022
BCR Group and Arval Romania have finalized the agreement for the transfer of part of BCR Fleet Management's operational leasing business, as the Competition Council validated the deal. -
ZF English - 16:34 Nov 01, 2022
Romania's foreign exchange reserves (foreign currency plus gold) increased to more than EUR50 billion for the first time ever, reaching EUR51.78 billion at the end of October, compared with EUR49.3 billion in September, central bank data showed on Tuesday (November 1). -
ZF English - 15:59 Nov 01, 2022
Paval Holding, the Paval brothers' company that also owns DIY retailer Dedeman, has bought the first phase of the U Center office building in the Tineretului area in Bucharest from Forte Partners. -
ZF English - 15:27 Nov 01, 2022
Promateris (PPL.RO), a Romanian industrial group and leading low carbon footprint packaging manufacturer in Central and Eastern Europe, posted RON136.3 million revenue in the first nine months of the year, slightly (0.3%) higher than in the year-ago period, it said in a release. -
ZF English - 09:25 Nov 01, 2022
Insurance-reinsurance brokerage Millenium Insurance Broker, a company majority held by mobility network Autonom Services, during October 17-25 period carried out a private placement with a view to its listing on the AeRO market of the Bucharest Stock Exchange, in the wake of which it raised around RON4.2 million. -
ZF English - 08:37 Nov 01, 2022
The number of employees in Romania’s outsourcing industry has increased by almost 30% in the past three years, to more than 230,000 persons, in line with data included in the annual report of the Association of Business Services Leaders in Romania (ABSL). -
ZF English - 08:08 Nov 01, 2022
Online payment processor PayU estimates that during this year’s edition of Black Friday, set for November 11, products and services worth around RON510 million will be acquired and paid for online at the level of the e-commerce market, slightly more than in 2021. -
ZF English - 07:54 Nov 01, 2022
One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, has obtained the building permit for One Floreasca Towers, a premium development which will be built on a plot of land of 5,600 sqm, located on Gara Herastrau Street, and which will comprise 208 housing units. -
ZF English - 07:39 Nov 01, 2022
Building materials producer Joris Ide of Buzias, Timis county, part of Kingspan, one of the largest companies in the field, expects 2022 turnover to be similar with the 2021 one as clients were more cautious in starting new projects. -
ZF English - 07:32 Nov 01, 2022
Restaurant group City Grill, the most powerful Romanian name on this market, controlled by entrepreneur Dragos Petrescu, will end 2022 with EUR42 million turnover. -
ZF English - 19:25 Oct 31, 2022
Romanian ice cream producer Ice Dyp Balas from Timis County, controlled by Vasile and Maria Balas, posted more than RON50.6 million (EUR10.3 million) revenue in 2021, up 4.6% compared with the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 18:43 Oct 31, 2022
Aro-Palace (ARO.RO), which owns one of the largest five-star hotels outside Bucharest, ended the first nine months of the year with a net profit of about RON350,000 compared with a loss of RON1.1 million in the same period of 2021, the company says in its financial report to the Bucharest Stock Exchange. -
ZF English - 17:21 Oct 31, 2022
Romania’s government expects the country’s economy to grow by 4.6% in 2022 and 2.8% in 2023, despite the inflation, energy crisis in Europe or the coming recession in the eurozone, the National Commission for Strategy and Prognosis says in its autumn forecast, which will be used for the budget adjustment in November. -
ZF English - 14:10 Oct 31, 2022
Romania's Finance Ministry raised RON475.2 million on Monday (October 31) selling bonds maturing in October 2032, at an annual average yield of 9.25%.