Romania Feed
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ZF English - 18:53 Oct 04, 2022
Trucking company Dolo Trans Olimp (DTO), controlled by entrepreneur Cristian Dolofan), ended the first half of this year with a 40% increase in revenue, the chief executive officer of the company said. -
ZF English - 18:12 Oct 04, 2022
Victor Capitanu and Liviu Diaconescu, co-founders of real estate developer One United Properties (ONE.RO), on Monday (Oct 3) purchased 17.9 million ONE shares each at a price of RON1.048 per unit, with the total reaching RON37.6 million, as per calculations by Ziarul Financiar (ZF) daily based on stock market data. -
ZF English - 17:58 Oct 04, 2022
The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus July, shows the ZF Real Estate Index done in partnership with real estate consulting company SVN Romania. -
ZF English - 17:50 Oct 04, 2022
Law firm Wolf Theiss assisted Calin Ioan Ianta and Radu Ionescu-Heroiu, the shareholders of Romanian dietary supplements manufacturer Dacia Plant, in the process of selling a majority stake to Belgian-based Ceres Pharma, a pharmaceutical company active in women and family healthcare. -
ZF English - 17:04 Oct 04, 2022
BCR, the second largest lender in Romania by assets after Banca Transilvania, has taken a RON334 million bond issue to the Bucharest Stock Exchange, which processed it on Tuesday. The issue has a six-year maturity (2028). -
ZF English - 15:12 Oct 04, 2022
Cluj-based dairy producer Bonas Import Export (BONA.RO) said in a stock market report that Marius Marian-Alexe, a member of its Board of Directors, bought a total 168,029 company shares. -
ZF English - 15:10 Oct 04, 2022
Integral Venture Partners, a private equity and growth equity fund focused on Central and Eastern Europe, is investing in national medical clinic network Medima Health, which specializes in imaging and radiology, alongside current majority shareholder Morphosis Capital. -
ZF English - 15:00 Oct 04, 2022
US-held company Bucharest Properties REIT plans to fully lease Phase 3 of the Vitan Estates residential project, which is Bucharest’s first residential development exclusively for rental, based on an American concept. -
ZF English - 14:49 Oct 04, 2022
DataArt, a global software engineering company, has acquired Lola Tech, a Romanian leading software development agency, as part of the former's strategy to continue expanding its global network and investing in top-tier IT talent. -
ZF English - 14:32 Oct 04, 2022
IKEA Romania reported a 2.5% increase in total sales in 2022 fiscal year (FY) as compared to the previous 12-month period, and an over 13% rise in online sales. -
ZF English - 14:14 Oct 04, 2022
Industrial production prices for the domestic and non-domestic markets grew by 53% in August 2022 versus August 2021, data from Romania’s statistics board INS showed on Tuesday (Oct 3). -
ZF English - 13:20 Oct 04, 2022
Iulius Group, the real estate developer controlled by Iulian Dascalu, has completed United Business Center 0, the fourth office building in the Iulius Town complex, a project built in Timisoara with partner Atterbury Europe. -
ZF English - 13:15 Oct 04, 2022
39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease, 9% forecast a stagnation, only 8% expect a slight increase, 5% predict a significant advance and 12% do not know what to expect. -
ZF English - 11:42 Oct 04, 2022
Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul Financiar (ZF) daily. -
ZF English - 11:18 Oct 04, 2022
Law firm Filip & Company assisted Romanian video game developer Amber Studio in securing a $20 million financing from an investment fund advised by Emona Capital LLP. -
ZF English - 10:55 Oct 04, 2022
OTP Bank Romania introduces the Google Pay service in its portfolio, which makes it possible for Mastercard bank clients to make online or contactless payments at any POS, just with an Android operating system device, through the Google Wallet app. -
ZF English - 08:21 Oct 04, 2022
Meat processor Vanbet of Vaslui, controlled by entrepreneur Fanel Bogos, in 2021 posted turnover of RON278.3 million (EUR56.6 million), up around 19.5% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 08:15 Oct 04, 2022
Furniture market Simex, based in Simleu Silvaniei, Salaj county, in 2021 reached turnover worth around RON42.3 million (EUR8.6 million), up 19% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 19:48 Oct 03, 2022
Belgian company CERES Pharma has bought the majority stake in the Romanian dietary supplements manufacturer Dacia Plant and will invest to increase the production capacity of the plant in Bod, Brasov County. -
ZF English - 19:17 Oct 03, 2022
Romaero Bucharest (RORX.RO), a strategic company for the Romanian aerospace and defense industry, ended the first half of 2022 with RON26.8 million net loss, up from the RON22.5 million loss in the year-ago period. Revenue increased by 113.2% to RON40.4 million, according to ZF’s calculations based on data from the Bucharest Stock Exchange.