Romania Feed
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ZF English - 06:29 Oct 12, 2022
Freight carrier Sorcani of Sibiu, controlled by entrepreneur Mircea Barbu, ended 2021 with RON55 million turnover, up 41% from 2020, with the company thus ranking among the 20 most dynamic carriers in Romania. -
ZF English - 19:35 Oct 11, 2022
SII Romania, a company specialized in IT services and solutions, has a portfolio of over 180 national and international projects, of which 75% are local and 25% international - in countries such as France, Denmark, Switzerland, Spain, Germany. -
ZF English - 19:08 Oct 11, 2022
Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), has announced the addition of a new item on the agenda of the Ordinary and Extraordinary General Meetings of Shareholders of the Fund on November 15, namely the listing of the shares Fondul Proprietaea holds in Hidroelectrica solely on the Bucharest Stock Exchange. -
ZF English - 18:24 Oct 11, 2022
The International Monetary Fund (IMF) raised its forecast for Romania's 2022 economic growth to 4.8% from 3.5% projected in June 2022 and advised the country's government to reduce the fiscal deficit, the IMF said in its World Economic Outlook report for October 2022 released on Tuesday (Oct 11). -
ZF English - 17:08 Oct 11, 2022
German retailer Kaufland and Ultragreens, a Romanian producer of microgreens and aromatic plants, are inaugurating the first vertical greenhouse in Romania, which entailed an investment of EUR350,000 and whose production will be entirely distributed for sale in the retailer’s stores. -
ZF English - 16:46 Oct 11, 2022
MedLife (M.RO), the leading player on Romania’s private medical services market, complements its portfolio of health solutions provided to corporate clients with a group health insurance, NNCare, developed by life insurer NN Asigurari de Viata. -
ZF English - 13:35 Oct 11, 2022
Real estate consulting firm Cushman & Wakefield Echinox has appointed Bogdan Marcu as Partner Capital Markets and Dana Radoveneanu as Head of Retail Agency. -
ZF English - 11:57 Oct 11, 2022
The self-storage market reached 25,000 leasable square meters in 2022, which represents a share of 0.2% of the total European area covering this type of storage solutions, according to the European Self Storage Industry special report launched by real estate consulting firm CBRE. -
ZF English - 09:51 Oct 11, 2022
The number of real estate deals in Romania stood at 62,054 in September 2022, 3,668 more than in August 2022, data from the national cadaster agency ANCPI showed on Tuesday (Oct 11). -
ZF English - 09:31 Oct 11, 2022
CEOs are actively looking for ways to get ahead of the triple threat of the aftermath of the COVID-19 pandemic, increasing geopolitical tensions and inflation, according to the EY CEO Outlook Pulse – October 2022. -
ZF English - 09:21 Oct 11, 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, exceeded the 8% threshold on Tuesday (Oct 11), reaching 8.03% a year, as compared to 7.99% a year on Monday (Oct 10), as per central bank data. -
ZF English - 07:59 Oct 11, 2022
Luxury jewelry chain Teilor is expanding further in Poland by opening a new store, in Poznan, thus reaching a 63-unit network in five countries of Central and Eastern Europe. -
ZF English - 07:49 Oct 11, 2022
Knauf group, which comprises Knauf Insulation Romania and Knauf Gips, is carrying out an over EUR200 million investment in Romania. -
ZF English - 07:07 Oct 11, 2022
Wine maker Purcari Wineries has announced the finalization of the acquisition of a majority 76% stake in Bulgaria’s Angel’s Estate winery. -
ZF English - 07:00 Oct 11, 2022
ROCA Industry holding, set up by ROCA Investments for the construction materials market, is readying investment projects of around EUR30 million, meant to retool and boost the efficiency of producers part of its portfolio, explained Ionut Bindea, Chairman of the Board of Directors and interim General Director of ROCA Industry. -
ZF English - 06:49 Oct 11, 2022
Pharma group Bioeel, owned by businessman Albert Attila, founding member, and Jean Scheftsik de Szolnok, a French citizen, in the first half of this year generated turnover worth RON312 million (EUR63.2 million), up around 21% from the year-earlier period, in line with ZF calculations based on company data. -
ZF English - 06:42 Oct 11, 2022
Logistics company Mainfreight Romania, part of the New Zeeland group of the same name, is carrying out a RON30 million investment to expand the warehousing spaces it owns in Ploiesti. -
ZF English - 06:34 Oct 11, 2022
Entrepreneur Claudiu Necsulescu, owner of Jidvei, a major wine maker in Romania, has since 2008 invested around EUR6 million in a winery in Dobrogea and in 430 hectares of vineyard in the area. -
ZF English - 18:36 Oct 10, 2022
Everience - part of the Helpline group, which provides IT support services Europewide and grew to 350 employees in Timisoara in nine years, has decided to expand to Bucharest. -
ZF English - 17:13 Oct 10, 2022
Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of EUR424 million, and the funds will go to Transelectrica (TEL.RO), as operator of the national energy transmission system.