Romania Feed
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ZF English - 18:01 Aug 10, 2022
Drug manufacturer Antibiotice Iasi (ATB.RO) wants to build two new factories for sterile products and sterile topical products, a total investment of RON200 million. -
ZF English - 16:56 Aug 10, 2022
Romanian nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Wednesday (Aug 10) that it concluded two contracts worth RON391.6 million for the sale of electricity to OMV Petrom, Romania’s sole energy and gas producer and the largest company listed on the Bucharest Stock Exchange. -
ZF English - 16:35 Aug 10, 2022
The Romanian office of the CEE / SEE law firm Wolf Theiss has represented a syndicate of banks made up of Raiffeisen Bank and Banca Comerciala Romana (BCR) in relation with a credit facility of EUR325 million granted to Romanian natural gas producer and supplier Romgaz (SNG.RO). -
ZF English - 16:14 Aug 10, 2022
Shareholders of vegetable oil producer Argus Constanta (UARG.RO), held by SIF Oltenia, approved at their general meeting of August 8 the contracting by the company of bank loans in a maximum amount of RON220 million for the working capital, as per a stock market report. -
ZF English - 15:06 Aug 10, 2022
Five in ten employees have changed their jobs at least once over the last two years, as per the most recent survey carried out by recruiting platform eJobs Romania. -
ZF English - 14:34 Aug 10, 2022
The European Commission (EC) has approved a Romanian scheme up to EUR358 million to support micro, small and medium-sized enterprises (SMEs) affected by the coronavirus pandemic. -
ZF English - 13:18 Aug 10, 2022
Alro Slatina Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Wednesday said it ended the first half of 2022 with a net profit of RON15.3 million, as compared to a loss of RON47.5 million in the same period of 2021, in line with the company’s financial report. -
ZF English - 12:50 Aug 10, 2022
Romania ranks second in the top of the European countries with the cheapest housing, after Bosnia and Herzegovina, with an average price of EUR1,266/sqm, calculated based on data from the main cities and towns in the country, according to Deloitte Property Index 2022 conducted across 23 countries and 68 cities in Europe. -
ZF English - 11:30 Aug 10, 2022
Germany's Continental group, one of the world's largest suppliers of electronic components and the largest car parts producer on the Romanian market, has appointed Lucian Margineanu to the position of director of Timisoara-based production center Continental Automotive, starting August 2022. -
ZF English - 11:11 Aug 10, 2022
Nuclear power producer Nuclearelectrica (SNN.RO), the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Wednesday (Aug 10) that it would reduce power at one of its two 700 MW units by a quarter on the night of August 9 for maintenance works. -
ZF English - 11:01 Aug 10, 2022
Insurance company Omniasig has received the approval of Romania’s Financial Supervisory Authority (ASF) for the mandates of the five members of the company’s Executive Board. -
ZF English - 10:47 Aug 10, 2022
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokerage companies in Romania, ended the first half of 2022 with RON7.76 milion net profit, an increase of 130.3% on the year-ago period. -
ZF English - 10:04 Aug 10, 2022
Bucur Obor (BUCU.RO), the company that owns the Bucur Obor shopping center in capital Bucharest, ended the first half of 2022 with a net profit of almost RON7.2 million, up 30% from RON5.5 million reported in the same period of 2021, as per its half-year financial report sent to the Bucharest Stock Exchange. -
ZF English - 09:31 Aug 10, 2022
Alpha Bank Romania on Wednesday said it increased the interest rates for savings products in RON and foreign currency, both for individuals and legal entities. -
ZF English - 08:52 Aug 10, 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, fell to 8.06% a year on Wednesday (Aug 10) from 8.14% on Tuesday (Aug 9) after central bank governor Mugur Isarescu accused local banks of artificially increasing the rate. -
ZF English - 19:09 Aug 09, 2022
The Carmistin group owners, the Paraschiv family, are investing RON513.5 million, of which RON222.4 million is state aid, publicly available data show. -
ZF English - 18:42 Aug 09, 2022
Project company Urleasca Wind Farm has received the technical connection permit from Romania’s national grid company Transelectrica for a 96.9 MW wind farm in Braila. -
ZF English - 18:01 Aug 09, 2022
TESLA Energy Storage, a company established in June and part of the Czech Republic’s TESLA group, a manufacturer of energy industry equipment, intends to make a RON450 million investment in Romania and has applied for RON201.4 million state aid, Finance Ministry data show. -
ZF English - 17:13 Aug 09, 2022
Cyber security company SafeTech Innovations (SAFE.RO) has notified the market of the start of the program to buy back its own shares held between August 9, 2022 and February 5, 2024. -
ZF English - 16:44 Aug 09, 2022
Entrepreneur Vladimir Cohn, known for his businesses in the field of paper manufacturing, has applied for state aid worth RON185.4 million that will be part of an investment worth almost RON1.4 billion (EUR285 million) in a new production unit.