Romania Feed
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ZF English - 16:46 Aug 02, 2022
Romanian nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report that it concluded on August 1, 2022 multiple contracts worth RON430 million for the bulk sale of electricity to Romanian electricity supplier Electrica Furnizare. -
ZF English - 16:27 Aug 02, 2022
The European Bank for Reconstruction and Development (EBRD) is enhancing food production and security in Romania and beyond by approving EUR20 million to Agricover Credit IFN, a non-bank agricultural lender, to on-lend to farmers for their investment or working capital financing needs. -
ZF English - 16:17 Aug 02, 2022
Nestlé Romania plans to keep in 2022 the growth pace of the first half of the year and thus end the year with an increase of over 10% in sales compared to 2021, according to Silvia Sticlea, Nestlé Romania country manager. -
ZF English - 15:48 Aug 02, 2022
Hotel company Turism Felix, owner of the tourism compound in Baile Felix resort, has contracted a loan of RON40 million from lender Banca Transilvania to continue investments at the Venus-Baile 1 Mai swimming place. -
ZF English - 15:20 Aug 02, 2022
The management of One United Properties (ONE.RO) on Tuesday (Aug 2) informed the market about the launch of the private placement for the subscription of up to 300 280 million ordinary shares that will be offered to investors in Phase 2 of the share capital increase. -
ZF English - 13:12 Aug 02, 2022
KMG International (Rompetrol) is launching the 22nd edition of the “Career Ready” program, in which 80 students and recent graduates will take part, selected following a complex recruitment process, carried out between May and July. -
ZF English - 12:55 Aug 02, 2022
Europe’s attractiveness for foreign direct investment (FDI) has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey. -
ZF English - 12:45 Aug 02, 2022
Swiss-based agri-business group Ameropa, which includes Azomures, the biggest chemical fertilizer in Romania, grain trader Ameropa Grains and port operator Chimpex, has contracted a multi-currency revolving-type credit facility worth EUR347 million that will be used to finance working capital needs. -
ZF English - 12:26 Aug 02, 2022
Jean Valvis, the entrepreneur behinds the Aqua Carpatica, LaDorna and Dorna brands, has signed an agreement with US giant PepsiCo for the sale of a minority stake in Carpathian Springs, the bottler of AQUA Carpatica mineral water brand. -
ZF English - 11:19 Aug 02, 2022
Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted ExxonMobil, one of the world’s largest publicly traded international oil and gas companies, in finalizing the sale of its 50% ownership stake in the Neptun Deep offshore block in the Black Sea to Romanian natural gas producer and supplier Romgaz (SNG.RO) . -
ZF English - 07:50 Aug 02, 2022
Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile. -
ZF English - 07:34 Aug 02, 2022
Parcel delivery company DPD Romania, one of the largest courier services companies in Romania, has leased 3,500 square meters of warehousing space in VGP Park Arad logistics project located close to A1 highway, in a deal handled by the industrial department of real estate consultancy Cushman & Wakefield Echinox. -
ZF English - 07:22 Aug 02, 2022
New passenger car registrations in Romania in July 2022 declined by 21.9% from July 2021, to 12,099, according to the association of car manufacturers in Romania (ACAROM) and Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV). -
ZF English - 07:10 Aug 02, 2022
Car parts producer Coindu Romania, part of Portuguese group Coindu, for 2021 reported RON234.7 million (EUR47.7 million) turnover, down 34.6% from 2021. -
ZF English - 07:04 Aug 02, 2022
British paper packaging producer DS Smith announced it completed the construction of a waste water treatment plant at its paper mill of Zarnesti, the biggest paper production unit in Romania. -
ZF English - 06:35 Aug 02, 2022
International Lazar, specialized in freight transportation, controlled by entrepreneur Ion Lazar, aims to generate 20% higher turnover by yearend, from the RON203.6 million (EUR42 million) level posted last year, according to the company’s officials. -
ZF English - 06:26 Aug 02, 2022
FAN Courier, leader of Romania’s courier services market, a company founded in 1998 by Felix Patrascanu, Adrian Mihai and Neculai Mihai, with RON1 billion turnover in 2021, ended the first half of 2022 with a slight turnover increase as online sales growth has slowed. -
ZF English - 17:02 Aug 01, 2022
Romania’s Competition Council is looking into a transaction whereby Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, seeks to acquire Derpan from Tecuci (Galati County), a bakery & pastry factory held by Victor Ancuta. -
ZF English - 16:44 Aug 01, 2022
Romania's finance ministry raised RON1.3 billion on Monday (August 1) from banks via two government paper auctions at annual average yields of 8.20% and 8.22%. -
ZF English - 16:12 Aug 01, 2022
Romania's foreign exchange reserves increased to EUR48.51 billion in July 2022 from EUR47.82 billion in June 2022, central bank data showed on Monday (August 1).