Romania Feed
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ZF English - 06:53 Oct 13, 2022
Dorin Preda, executive director of MedLife, says the company wants to be a EUR1 billion player in 5-10 years. -
ZF English - 18:57 Oct 12, 2022
Time International textile factory in Alexandria, Teleorman, which started mask production during the pandemic, is still making masks, but a much lower capacity compared with the beginning of the health crisis. -
ZF English - 17:43 Oct 12, 2022
Fiberglass mesh manufacturer BICO Industries, controlled by the ROCA Industry holding company (ROC1.RO, Holdingrock1 at the Trade Register), signed two contracts to buy 55% of the share capital of the Moldovan company Europlas on October 12, according to a report published on the Bucharest Stock Exchange. -
ZF English - 16:21 Oct 12, 2022
The Romanian Government on Wednesday (October 12) adopted, at the proposal of the Ministry of Energy, an emergency ordinance on establishing a state aid scheme of EUR1.5 billion, for the period 2022-2030, for companies operating in energy-intensive sectors. -
ZF English - 15:49 Oct 12, 2022
Real estate developer One United Properties on Wednesday (Oct 12) said it obtained the building permit for Phase 2 of One Mamaia Nord, a project under development on the Romanian seaside. -
ZF English - 15:12 Oct 12, 2022
German semiconductor manufacturer Infineon Technologies is enhancing its presence in Romania by opening a research-development (R&D) center in Iasi (north-eastern Romania) where engineers will design chips for the automotive industry. -
ZF English - 15:00 Oct 12, 2022
Dutch-held group of firms DN AGRAR, the market leader in cow milk production in Romania, has completed the modernization works of the milking parlors at the Apold farm. -
ZF English - 14:47 Oct 12, 2022
Law firm Reff & Asociaţii Î Deloitte Legal provided legal assistance to investment fund NEPI Rockcastle in the acquisition of the stake held by Carrefour in the shopping center Ploiesti Shopping City. -
ZF English - 14:38 Oct 12, 2022
Sadalbari SRL, the majority shareholder of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), on Tuesday (Oct 11) bought a total 9.15 million Romcab shares in a transaction held on the DEALS market. -
ZF English - 13:08 Oct 12, 2022
Information Technology (IT) remains one of the privileged sectors in Romania terms of salaries, with the majority of IT employees (32.6%) earning between RON4.000 and RON7.000 per month and 21% between RON7.000 and RON10.000 per month, as per data collected by Salario, a platform developed by Recruitment website eJobs. -
ZF English - 11:45 Oct 12, 2022
Banca Comercial Romana (BCR) has listed on Wednesday (October 12) a new issue of corporate bonds, worth RON334 million, under the stock ticker BCR28C. -
ZF English - 11:30 Oct 12, 2022
OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Wednesday (October 12) that it would invest almost EUR130 million in the next three years to build a new unit of aromatic products at the Petrobrazi refinery. -
ZF English - 11:18 Oct 12, 2022
Romania’s industrial production fell by 1.2% in unadjusted data in January-August 2022 versus the same period of 2021 and by 2% when adjusted for seasonality and number of working days, data from the country’s statistics board INS showed Wednesday (Oct 12). -
ZF English - 11:01 Oct 12, 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 8.11% a year on Wednesday (Oct 12) from 8.03% a year on Tuesday (Oct 11), as per central bank data. -
ZF English - 10:55 Oct 12, 2022
The national statistics institute INS on Wednesday (Oct 12) revised Romania’s economic growth slightly lower to 5.7% both in unadjusted data and in seasonally adjusted data for the first half of 2022 as compared to the same period in 2021, in line with provisional (2) estimates. -
ZF English - 09:20 Oct 12, 2022
The average net salary in Romania decreased by 1.1% in nominal terms in August 2022 compared with July 2022, to 3,933 lei (EUR797), data from the country's statistics board INS showed on Wednesday (October 12). -
ZF English - 08:49 Oct 12, 2022
Romania's annual inflation rate surged to 15.9% in September 2022 as compared to September 2021, data from the country's statistics board INS showed on Wednesday (October 12). -
ZF English - 07:03 Oct 12, 2022
Sameday, the second largest player on Romania’s courier services market, is expanding to Bulgaria, after having entered Hungary’s market in 2020. -
ZF English - 06:51 Oct 12, 2022
Romania’s beer market ended the first half of 2022 with a 4% decline after the first four months had brought a 10% volume decrease, in line with data provided by the Romanian Brewers Association. -
ZF English - 06:40 Oct 12, 2022
Turda-based precast concrete product maker ASA CONS, the builder of the MDF plant of Oarja, near Pitesti, a EUR150 million project of Turkey’s Yildiz Entegre, in the first half of this year generated EUR16 million turnover, up around 35% from the year-earlier period, with this being the best performance in the company’s history.