Romania Feed
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ZF English - 17:05 Sep 30, 2022
Firebyte Games (FRB.RO), the first mobile game developer listed on the Bucharest Stock Exchange in spring 2021, ended the first half of 2022 with a net profit of RON1.4 million versus a loss of almost RON1.1 million in the same period in 2021, as per data from the company’s half-year financial report sent to the local stock market. -
ZF English - 16:49 Sep 30, 2022
Autonom Protect, the services division for the insurance market of the Autonom Group, has entered into a distribution partnership with Greek company Hellas Direct, which has recently announced entry into the Romanian market. -
ZF English - 16:42 Sep 30, 2022
Medical group Provita, which currently has a network of five clinics and a test lab in capital Bucharest, plans to expand outside of the capital by opening a clinic in Suceava (northeastern Romania).
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ZF English - 16:25 Sep 30, 2022
The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their long-term national strategies under Regulation (EU) 2018/1999 on the governance of the energy union and climate action. -
ZF English - 15:45 Sep 30, 2022
BRD-SocGen, the third largest bank on the Romanian market by assets, said in a stock market report on Friday (Sept 30) that Maria Rousseva was appointed to the position of Deputy CEO Global Corporates and Etienne Jean Loulergue to the position of Deputy CEO Finance Treasury. -
ZF English - 15:33 Sep 30, 2022
Compania Hoteliera Intercontinental Romania (RCHI.RO), the company managing Grand Hotel Bucharest, ended the first half of 2022 with total revenue of RON12.5 million, up 48% on the year, and a net profit of RON309,366 vs losses of RON717,000 in the same period of 2021, as per its financial report sent to the Bucharest Stock Exchange. -
ZF English - 15:11 Sep 30, 2022
Blue Air Airline will not resume flights on October 10, either, as it had previously announced and its officials say it ‘will make an announcement promptly upon the finalization of ongoing discussions as to when it expects to have its fleet flying again.” -
ZF English - 14:55 Sep 30, 2022
The Filip & Company team is assisting residential developer Alesonor in partnering with Pescariu Sports & Spa to develop the sports center and leisure areas in the Amber Forest project. -
ZF English - 14:20 Sep 30, 2022
Dr. Fischer Dental (DENT.RO), leader on the Romanian dental equipment market, whose shares started trading on the Bucharest Stock Exchange in 2022, on Friday (Sept 30) announced in its financial report a net profit of RON190,080 for the first half of 2022, down 80% from RON924,215 from the same period of 2021. -
ZF English - 13:50 Sep 30, 2022
Pharmaceutical manufacturer Biofarm (BIO.RO) has reached total investments of over EUR44 million in its new plant inaugurated in capital Bucharest in 2021, which is the largest greenfield investment in the Romanian pharmaceuticals sector. -
ZF English - 13:37 Sep 30, 2022
Electrica Group said in a report intended for stock market investors that is in the process of evaluating the impact of the latest legislative and regulatory changes on the Group's performance and results. -
ZF English - 11:51 Sep 30, 2022
Romania attracted foreign direct investments (FDI) totaling EUR8.9 billion in 2021, with enterprises’ equity standing at EUR6.7 billion (equity capital worth EUR2.16 billion, plus reinvestment of earnings worth EUR4.58 billion), an analysis by the country’s central bank and the statistics board INS shows Friday (Sept 30). -
ZF English - 10:35 Sep 30, 2022
Romanian authorities issued 30,620 residential building permits in January-August 2022, 10.5% fewer than in the same period of 2021, data from the country’s statistics board INS showed Friday. -
ZF English - 10:16 Sep 30, 2022
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 4.06%, higher by 53% than the previous level of 2.65%, in line with central bank data released on Friday (Sept 30). -
ZF English - 09:38 Sep 30, 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, ends the September 26-30 week at 7.93% a year after stagnating at 7.93% a year over the last three trading days, as per central bank data. -
ZF English - 09:24 Sep 30, 2022
Romania’s unemployment rate stood at 5.1% in August 2022, lower by 0.1 percentage points than 5.2% in July 2022, data from the country’s statistics institute INS shows on Friday (Sept 30). -
ZF English - 06:58 Sep 30, 2022
Kosarom group, a major meat producer in Romania, majority owned by entrepreneur Neculai Apostol, will invest EUR278,000 to install 400 kWp photo-voltaic generators. -
ZF English - 18:25 Sep 29, 2022
Promateris (PPL.RO), a manufacturer of biodegradable and compostable packaging, announced on Thursday evening that Paval Holding - controlled by Adrian and Dragos Paval, shareholders of DIY retailer Dedeman, had acquired a 24% stake in the group from businessman Florin Pogonaru and Promateris CEO Tudor Georgescu. -
ZF English - 17:36 Sep 29, 2022
Banks have seen the highest growth in customer satisfaction scores this year and have become the leader in terms of customer satisfaction and experience in Romania, outranking grocery retail, which was last year’s leading industry, as per the second edition of The McKinsey Customer Experience Romania Survey. -
ZF English - 17:16 Sep 29, 2022
International Finance Corporation (IFC), a member of the World Bank Group, ramped up support for Romanian companies with a record investment of $458 million between July 2021 and June 2022 in order to protect jobs, support small businesses and accelerate a green and resilient recovery.