Romania Feed
-
ZF English - 10:25 Oct 26, 2022
Romania’s capital Bucharest came out second in a ranking of the most affordable apartments in European capital cities and first among the largest city in the country, Kiwi Finance Real Estate Index data show. -
ZF English - 07:56 Oct 26, 2022
Building materials maker TeraPlast Bistrita reported RON563.6 million turnover in the first nine months of 2022, up 25% from the year-earlier period. -
ZF English - 07:39 Oct 26, 2022
LPP group, active in the mass market fashion field, has leased 80,000 square meters of logistic area from Belgian developer WDP for a warehouse set to serve offline operations, according to ZF sources. -
ZF English - 07:31 Oct 26, 2022
Targu-Mures-based Nova Vita hospital, one of Romania’s largest private hospitals, a business founded by entrepreneur Virgil Mailat, has invested half a million euros in medical equipment. -
ZF English - 07:14 Oct 26, 2022
Fitness center network Stay Fit Gym has currently reached 15 units and by yearend is set to open another five units, explained Alexandru Lascar, co-founder and CEO. -
ZF English - 07:03 Oct 26, 2022
ATP Trucks Automobile, a manufacturer of road freight vehicles, part of ATP Group controlled by entrepreneur Mircea Cirt of Baia Mare, has won a RON13.4 million contract with Viseu de Sus city hall for the delivery of 10 e-buses. -
ZF English - 06:55 Oct 26, 2022
Polish discounter Pepco has leased 50,000 square meters of logistic spaces in CTP Bucharest West. The warehouse will be operated by Kuehne + Nagel Romania, a major player on Romania’s transport and logistics market, according to market sources. -
ZF English - 06:46 Oct 26, 2022
Consumer goods distribution company Interbrands Orbico will in 2022 overshoot the EUR1 billion mark in terms of revenues, thus joining the euro billionaires club, after a 20% increase against 2021. -
ZF English - 06:37 Oct 26, 2022
The European Bank for Reconstruction and Development (EBRD) is exploring a RON240 million loan for Distributie Energie Electrica Romania (DEER) company, part of Electrica group. -
ZF English - 17:59 Oct 25, 2022
Cargus, a major player in the local courier market, has signed with CTP, the largest listed developer and manager of industrial and logistics space in Continental Europe, a lease for 3,400 square meters of logistics space in the CTPark Oradea Cargo Terminal project, the only industrial park in Romania with an air cargo terminal. -
ZF English - 17:12 Oct 25, 2022
Suceava-based paving manufacturer Symmetrica, owned by the Stanciu family, has bought a paving factory in Doaga, near Marasesti, Vrancea County, from Somaco, a building materials manufacturer that is part of the Holcim group. -
ZF English - 13:35 Oct 25, 2022
Orange Group Romania ended the first nine months of 2022 with consolidated revenue of EUR1.168 billion, down 1.5% compared with the same period in 2021, as a result of higher equipment sales and lower service revenue, it said on Tuesday. -
ZF English - 12:10 Oct 25, 2022
The Romanian video game development industry closed 2021 with $312 million revenue an increase of 20% on 2020, more than double the 2016 figure, an annual survey by the Romanian Video Game Developers Association (RGDA) shows. -
ZF English - 08:30 Oct 25, 2022
Dedeman, the most powerful entrepreneurial business in Romania, controlled by brothers Adrian and Dragos Paval, at the end of last week opened a store in Brasov in a EUR19 million investment, with this being the first launch in 2022. -
ZF English - 08:22 Oct 25, 2022
Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, expressed in lei, increased by 20%, in line with central bank data. -
ZF English - 07:38 Oct 25, 2022
Financial analysts part of CFA Romania expect the leu to depreciate to an average exchange rate of 5.0797 unit to the euro in the next 12 months, while the forecast inflation rate will hit an average value of 9.59%. -
ZF English - 07:17 Oct 25, 2022
Astra Vagoane Calatori, a major player on Romania’s rolling stock market, controlled by entrepreneur Valer Blidar, now has 93 jobs available at its Arad plant. -
ZF English - 07:11 Oct 25, 2022
Management solutions and BPO services provider Sykes Enterprises Eastern Europe, part of US group Sykes, is currently seeking to hire 66 people at its Cluj-Napoca office. -
ZF English - 06:57 Oct 25, 2022
Focsani-based packaging producer Electric, owned by Buzaianu family, will end 2022 with EUR12 million turnover, from EUR9 million last year, after having expanded its production capacity, according to the company’s officials. -
ZF English - 06:50 Oct 25, 2022
The local subsidiary of French group Decathlon, Romania’s leading sporting equipment market, plans to make investments to develop its online presence, inclusively by expanding the warehousing area dedicated to deliveries of online orders.