Romania Feed
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ZF English - 22:29 Jun 22, 2023
Radu Hanga, the Chairman of the Bucharest Stock Exchange, was elected President of the Federation of Euro-Asian Stock Exchanges (FEAS), according to a LinkedIn post by the organization -
ZF English - 22:08 Jun 22, 2023
The electric motor plant Nidec in Oradea, held by Japan’s Nidec group, reported a turnover of RON211.5 million (EUR42.9 million) for 2022, up 27% from RON166.4 million (EUR33.8 million) in 2021, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 21:54 Jun 22, 2023
MMM Autoparts, a producer of hoses for the automotive industry and the local subsidiary of Spain’s MMM Group, reported a turnover of almost RON215 million (EUR43.6 million) for 2022, up 22.6% on the year, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 21:31 Jun 22, 2023
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON287.5 million, the company informed its shareholders and investors via a report to the Bucharest Stock Exchange on Thursday (June 22) -
ZF English - 21:08 Jun 22, 2023
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported record assets of RON107.4 billion at end-May 2023, as per the latest data released by Romania’s Financial Supervisory Authority, or ASF. -
ZF English - 19:33 Jun 22, 2023
Austria's brick manufacturer Wienerberger neared a RON400 million turnover in Romania in 2022 due to a 25% year-over-year increase. -
ZF English - 18:31 Jun 22, 2023
Concrete prefab manufacturer Prebet Aiud (PREB.RO) has informed investors of the establishment of three limited liability companies in which PrebetAiud is the sole shareholder, as per a stock market report released on Thursday (June 22) -
ZF English - 18:04 Jun 22, 2023
Roca Industry Holding (ROC1.RO), which owns stake in several do-it-yourself (DIY) and building material companies, said in a stock market report on Thursday (June 22) that its shareholders approved a proposition regarding the transfer to the Main Market of the Bucharest Stock Exchange, alongside a significant share capital increase. -
ZF English - 17:28 Jun 22, 2023
CITR, the main player in the Romanian restructuring and insolvency market, has announced the transfer of Constanta-based CET Palas thermal power plant, owned by district heating company Electrocentrale Constanta, to the public state patrimony. -
ZF English - 13:49 Jun 22, 2023
A Romanian survey showed that almost four out of ten employees have personally experienced or witnessed situations of discrimination in the workplace, especially because of political orientation, belonging to an ethnic group and an older age. -
ZF English - 13:04 Jun 22, 2023
Garanti BBVA, part of Garanti BBVA Romania Group, has signed a EUR24.4 million loan agreement with the European Investment Bank (EIB) to support access to financing for small businesses and mid-caps. -
ZF English - 08:35 Jun 22, 2023
BCR, controlled by Austria’s group Erste, Romania’s second largest bank by assets, comes third in the international ranking of the most competitive banks in terms of digitalization, with 6.81 points (out of 10), reveals banking report FinnoScore, which analyzed 234 commercial banks of 24 countries of Europe and North America. -
ZF English - 07:38 Jun 22, 2023
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, is launching the AROBS Polska unit after completing the takeover of a 94% majority stake in Syderal Polska, a software producer of Gdansk. -
ZF English - 06:32 Jun 22, 2023
Abatorul Peris, a business owned by Jabbar Kanani, the founder of Agricover, ended 2022 with RON343.8 million turnover, up 11% from 2021, with losses widening from RON12 million in 2021 to RON17 million in 2022. -
ZF English - 06:26 Jun 22, 2023
German fashion retailer Peek & Cloppenburg will open two new units in Romania this autumn, in Craiova and Iasi. -
ZF English - 06:18 Jun 22, 2023
Printing company Rottaprint has for 2023 budgeted around EUR2 million for investments in development, by introducing new products in its portfolio to ease up recycling and reuse. -
ZF English - 06:09 Jun 22, 2023
Arcadia brand is set to expand its coverage to the veterinary area as well, with the company planning to open a hospital dedicated to animals. -
ZF English - 06:02 Jun 22, 2023
Aircraft parts manufacturer Sonaca Aerospace Transilvania, the local subsidiary of Belgium group Sonaca, for 2022 reported turnover of RON59.6 million (EUR12.1 million), up 37.5% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 05:55 Jun 22, 2023
Bogdan Panainte, CEO and founder of Homplex, a Romanian producer of thermostats and gas detectors, forecasts RON40 million revenues this year, 25% higher than in 2022. -
ZF English - 18:24 Jun 21, 2023
Local company Senior Software, which specializes in development and integration of IT systems for business management, recorded RON47 million revenue in 2022, an increase of 27% year on year and more than RON7.2 million net profit, 70% higher than in 2021.