Romania Feed
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ZF English - 12:23 Aug 31, 2022
Romanian property restitution fund Fondul Proprietatea (FP.RO) ended the first half of 2022 with a net profit of RON4.1 billion, as compared to RON1.8 billion in the same period of 2021, the Fund said in its financial report sent to the Bucharest Stock Exchange. -
ZF English - 11:55 Aug 31, 2022
Romania imported a quantity of electricity of 3.845 billion kWh in the first six months of 2022, higher by over 12% than in the same period of 2021, as per data from the country's statistics board INS. -
ZF English - 11:46 Aug 31, 2022
More than 30% of company executives in Romania believe the new ways of working that have become more prevalent in the pandemic context, especially remote work, have made it easier to recruit talent from abroad, according to the EY Tax and Finance Operations Survey. -
ZF English - 11:11 Aug 31, 2022
Czech investment management company EMMA Capital Group on Wednesday (Aug 31) announced that it successfully completed negotiations to acquire a 67% stake in the companies Get’s Bet and Club King which operate in the Romanian gambling market. -
ZF English - 10:38 Aug 31, 2022
The number of Romanian companies and authorized private individuals (APIs) that filed for insolvency proceedings in the first seven months of 2022 was 11.14% higher than the level reported in the year-earlier period, with a total 3,932 insolvencies being recorded in January-July 2022, as per Trade Register data. -
ZF English - 09:56 Aug 31, 2022
Romania's nuclear power producer Nuclearelectrica (SNN.RO) has announced that Unit 1 was reconnected to the National Power System on August 31, 2022 after the completion of repair works of the filtration system. -
ZF English - 09:27 Aug 31, 2022
Lender Raiffeisen Bank listed on the Bucharest Stock Exchange on Wednesday (Aug 31) the first sustainability bonds issue worth RON500.85 million. -
ZF English - 09:15 Aug 31, 2022
Meta Estate Trust, a holding company operating in the real estate sector, on August 29 entered the equity segment of the AeRO market which is the Multilateral Trading System of the Bucharest Stock Exchange. -
ZF English - 08:37 Aug 31, 2022
Autonom Services, a mobility network controlled by brothers Marius and Dan Stefan, ended the first half of this year with RON239 million revenues, up 35%, and net profit of RON17.8 millio, 42% above the level of the year-ago period. -
ZF English - 08:02 Aug 31, 2022
Romanian cable manufacturer Romcab Targu-Mures, a company undergoing judicial reorganization, for the first half of this year reported RON1.12 billion operating revenues, up 30%, amid 34% higher sales of end products. -
ZF English - 07:51 Aug 31, 2022
Hidroelectrica, Romania’s largest state-owned energy producer and the most profitable state-run company, ended the first half of 2022 with RON4.7 billion revenues, up 48% year-over-year, and a net profit of RON2.6 billion, up 56% on the year, triggering a profitability margin of 55%. -
ZF English - 07:20 Aug 31, 2022
Pharmaceutical manufacturer Sandoz SRL, owned by Swizz pharma company Novartis, ended 2021 with turnover worth RON451 million (EUR92 million), up 6% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:12 Aug 31, 2022
Packeta Romania, part of the Czech group of the same name, has a EUR5 million investment budget for this year, with the money to be largely used to expand its pick-up point network. -
ZF English - 07:04 Aug 31, 2022
Aquila, the leading player in the local market for integrated distribution and logistics services, in the first half of this year posted RON961 million revenues, up around 11% from the year-earlier period. -
ZF English - 06:47 Aug 31, 2022
Transport Trade Services (TTS), the biggest integrated freight shipper on the Danube, listed on the Bucharest Stock Exchange (BVB) last year, generated net profit of RON61.3 million in the first half of 2022, up 124.5% from 1H/2021, in line with calculations based on BVB data. -
ZF English - 16:21 Aug 30, 2022
Foraj Sonde Craiova (FOSB.RO), a local drilling company for the oil and gas industry, recorded a net profit of RON1.7 million in the first half of 2022, compared with a net loss of RON2.9 million in the same period last year. -
ZF English - 15:13 Aug 30, 2022
Sipex (stock symbol SPX), a construction materials and finishes distribution company, ended the first six months of 2022 with a net profit of RON8.4 million, up 49.6% compared with the first half of 2021. -
ZF English - 12:22 Aug 30, 2022
Agribusiness group Agricover posted RON1.3 billion total consolidated revenue in the first half of 2022, double as much as in the same period in 2021 and operating profit of RON72 million, an increase of 46%, according to the financial report published on the Bucharest Stock Exchange. -
ZF English - 10:42 Aug 30, 2022
Secom, a company specializing in the import and distribution of dietary supplements and teas, as well as integrative medicine, has opened two stores in AFI Cotroceni in Bucharest and Iulius Mall in Suceava, reaching a network of 16 in several major cities in the country. -
ZF English - 10:12 Aug 30, 2022
The number of construction permits for residential buildings shrank by 9.4% to 26,577 in January-July and the decline was recorded in all regions of Romania, National Statistics Institute data show.