Romania Feed
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ZF English - 08:36 Oct 14, 2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, on Friday, October 14, climbed to 8.17% from 8.15%. -
ZF English - 08:07 Oct 14, 2022
Final electricity consumption in the first eight months of 2022 was 5.3% lower than in the same period of 2021, as consumption in the economy went down by 4.5%, household consumption dropped by 7.7% and public lighting rose by 3.8%, in line with statistics board (INS) data. -
ZF English - 04:00 Oct 14, 2022
Taco Bell, a Mexican-inspired restaurant chain, part of the Sphera Franchise Group, which has been present on the local market for five years, will open its fifteenth location this year at the end of November in Craiova. The new restaurant will be in a food court and the investment will be around EUR450,000. -
ZF English - 21:00 Oct 13, 2022
After a 12-year development, Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, started drilling for gas in the Black Sea via the Midia Gas Development (MGD) project this June. -
ZF English - 21:00 Oct 13, 2022
Julius Meinl Romania, one of the largest actors of the premium coffee market, is preparing to invest approximately half a million euros over the next year to strengthen its presence in the on-premise segment, through a concept created for businesses in this sector. -
ZF English - 17:24 Oct 13, 2022
Romania's finance ministry raised RON300 million on Thursday (Oct 13) selling bonds maturing in February 2032, at an annual average yield of 9.24%. -
ZF English - 17:14 Oct 13, 2022
Greek-held company Softone Group, present on the local market through its subsidiary SoftOne Romania, is acquiring a majority stake of 61.7% in cosmoONE, Greece’s largest developer of electronic solutions for B2B acquisitions. -
ZF English - 16:51 Oct 13, 2022
Lender Raiffeisen Bank on Thursday (Oct 13) said it increased the interest rates on deposits in foreign currency, for individuals, to 0.5% per year for euro deposits and to 2% per year for dollar deposits. -
ZF English - 16:29 Oct 13, 2022
Global Vision and Globalworth Industrial, Globalworth’s logistics and industrial sub-brand, are expanding their joint portfolio with Mures City Logistics, an industrial and logistics project covering a total area of 37,900 square meters in Targu Mures. -
ZF English - 16:00 Oct 13, 2022
Over a third (36%) of Generation Z youths postpones the intention of starting a business, the findings of the third edition of the “Insights PulseZ” survey shows. -
ZF English - 15:26 Oct 13, 2022
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lender OTP Bank. -
ZF English - 13:28 Oct 13, 2022
Mediapost Hit Mail Group has acquired 60% of the shares of digital marketing and communications agency Ideologiq and the remaining 40% are still held by the agency founders, Adrian Apostol and Adrian Ichim. -
ZF English - 12:44 Oct 13, 2022
Parcel delivery company Nemo Express Logistic (Nemo Express) filed for insolvency on October 11, 2022, with two creditors – Capital Fleet Services SA and Premium Store SRL joining the move, ZF has found from a Justice Ministry portal listing court cases. -
ZF English - 11:27 Oct 13, 2022
Euro Tower, a Class A office building owned by Cascade Group in capital city Bucharest, has officially become the first LEED Zero Carbon certified building in Romania. -
ZF English - 11:14 Oct 13, 2022
The American Chamber of Commerce in Romania (AmCham Romania) signals a new attempt to place the chambers of commerce type of associations under the control of the National Chamber and calls for the dismissal of this initiative that distorts and restricts the associative environment in Romania. -
ZF English - 11:07 Oct 13, 2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 8.15% a year on Thursday (Oct 13) from 8.11% a year on Wednesday (Oct 12), as per central bank data. -
ZF English - 08:33 Oct 13, 2022
Alro Slatina, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, has been declared as “selected investor” following a public tender organized by Complexul Energetic Oltenia (CEO) to build together a natural gas power generation plant at Isalnita. -
ZF English - 08:05 Oct 13, 2022
Intesa Sanpaolo Bank has launched an online lei payments service allowing transfers in 10 seconds at most since payment initiation, with the instant inter-baking payment system being increasingly sought-after, both by retail clients and legal persons. -
ZF English - 07:12 Oct 13, 2022
Timis-based freight carrier World Mediatrans, one of the most dynamic companies in the field, founded in 1997 by Gabriel Lungu, expects 2022 turnover to rise by 20% from 2021. -
ZF English - 07:04 Oct 13, 2022
Dairy producer Artesana has carried out investments worth around EUR1 million this year, in new equipment, retooling works and a photovoltaic system with a capacity of as much as 200 kW, explained Daniel Donici, co-founder of the company.