Romania Feed
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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%. -
ZF English - 13:58 Oct 31, 2022
Electricity prices for household consumers rose in almost all EU member countries in the first half, with the highest increases seen in the Czech Republic (62%), Latvia (59%) and Denmark (57%), Eurostat data based on the prices in local currencies show. -
ZF English - 08:54 Oct 31, 2022
Aegon Romania ended the first half of 2022 with an 8.2% increase in gross underwritten premiums, at RON76.7 million, vs RON70.4 million in 1H/2021. -
ZF English - 08:40 Oct 31, 2022
One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, will pay on November 3rd the half-year dividend of RON0.013 per share and on November 4th will distribute to shareholders bonus shares in proportion of one bonus share for every three shares held. -
ZF English - 08:27 Oct 31, 2022
The organizers of music festivals Untold and Neversea are readying the first event of Bucharest, a Christmas Market due to be set up in Drumul Taberei park in collaboration with local authorities. The event is entirely privately funded, with the earmarked budget reaching EUR1 million. -
ZF English - 08:00 Oct 31, 2022
Interior design company Chairry in October opened a showroom on Fabrica de Glucoza street of Bucharest and for the coming years mulls expanding its foothold via investments in several units nationwide, according to Raluca Dorobantu, managing partner, Chairry Design & Furniture. -
ZF English - 07:52 Oct 31, 2022
Modulo Decorative Solutions, a company specialized in the production of decorative stone cladding solutions, wants to grow fast on the local market in the following years amid the investment plans it has drawn up. -
ZF English - 07:44 Oct 31, 2022
Nusco Imobiliara, a real estate developer controlled by Nusco family, in 2020 launched a new real estate project in Bucharest’s Pipera area that started with two housing phases. It is now embarking on the third phase and wants to invest around EUR100 million. -
ZF English - 16:03 Oct 28, 2022
Alexandrion Group, the largest local spirits producer, has launched Carpathian Single Malt in Romania, which will be available in on-premise and premium off-premise locations from mid-November. -
ZF English - 11:05 Oct 28, 2022
Bitdefender, a global leader in cybersecurity, and Sharp Electronics, one of the world's leading technology manufacturers, have announced a new partnership to integrate Bitdefender technology into Sharp's new range of multifunction printers to protect against cyber threats, the companies said in a release. -
ZF English - 07:57 Oct 28, 2022
Siemens Energy, a major energy technology company, has already recruited 450 Romanian engineers in Romania, to be added to its initial 200-member team, and plans further growth in the coming period. -
ZF English - 07:44 Oct 28, 2022
Romanian business managers for October-December period expect a steep increase of prices in the processing industry, constructions and trade, as well as a falling number of employees in constructions and more employees in trade, in line with a survey by the country’s statistics board.