Romania Feed
-
ZF English - 15:13 Jul 18, 2022
Scandinavian retailer of furniture and home products JYSK continues expansion in Romania with a new store in Sovata, Mures County, set to open on Thursday, July 21 for a total of 124 in the country. -
ZF English - 14:18 Jul 18, 2022
Romania's Finance Ministry on Monday raised RON715.2 million via a government paper issue with a nominal value of RON300 million, due in October 2030, at an average yield of 9.17%. -
ZF English - 10:51 Jul 18, 2022
Medima Health, a network of clinics specializing in medical imaging and radiology, has opened a clinic in the Jiului area of Bucharest, following an investment of EUR1.5 million, company officials say. -
ZF English - 10:01 Jul 18, 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, has increased to 7.14% a year on Monday (July 18), from the 7.09% on Friday (July 15), central bank data show. -
ZF English - 09:47 Jul 18, 2022
Virgil Soncutean, the Romanian executive who has been running the operations of Allianz-Tiriac since 2016, was nominated for a third term at the helm of the insurer. -
ZF English - 09:20 Jul 18, 2022
Romania’s power consumption was 5.2% lower in the first four months of 2022, as households used 3.2% less electricity and industrial consumers 6.4%, a report of Romania’s energy market regulator ANRE shows. -
ZF English - 08:13 Jul 18, 2022
Real estate developer One United Properties has started selling apartments part of One Lake Club Phase 2 compound, a project with a gross development value of EUR35.3 million. -
ZF English - 07:33 Jul 18, 2022
Grup Serban Holding, a Romanian entrepreneurial company active in several fields of agriculture, listed on the AeRO market of the Bucharest Stock Exchange under the GSH ticker, has bought four grain storage bases, completely functional, in the wake of a RON17.7 million deal, VAT not included. -
ZF English - 07:18 Jul 18, 2022
Aramis Invest, Romania’s biggest furniture producer, controlled by local entrepreneurs Vladimir Iacob and Marius Selescu, in 2021 generated turnover worth RON1.6 billion, up almost 38% on the year. -
ZF English - 07:07 Jul 18, 2022
French DIY retailer Leroy Merlin has a cautious investment strategy for the coming period, given the current economic context, but is focusing on expanding its store network now comprising 20 units. -
ZF English - 06:57 Jul 18, 2022
Polish discounter Pepco has reached a 285-unit network in Romania, making the local market the second most important for the retailer after the country of origin, Poland. -
ZF English - 16:12 Jul 15, 2022
Transgaz (TGN.RO), the natural gas grid operator in Romanian handling 90% of the natural gas used in the country, has recently obtained a RON300 million loan from Raiffeisen Bank, the company said in a report to the Bucharest Stock Exchange. -
ZF English - 16:06 Jul 15, 2022
Timisoara-based lighting fixtures and systems manufacturer Elba, which supplies headlights for Dacia-Renault and Skoda, ended 2021 with a turnover of RON253.5 million (EUR51.5 million), up 25.7% versus 2020, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 15:46 Jul 15, 2022
Iulius Group founded by businessman Iulian Dascalu has launched a new retail concept along with the opening of Family Market Miroslava, a proximity project carried out in partnership with the Miroslava City Hall. -
ZF English - 14:55 Jul 15, 2022
Nordis Group, a real estate developer of premium hotel and residential complexes, has started the delivery of apartments within the Nordis Mamaia complex used both as real estate investment and as hotel space. -
ZF English - 14:18 Jul 15, 2022
Romania’s media and entertainment industry is expected to grow by 10% to a total EUR3.4 billion in 2022, taking it above the pre-pandemic level of EUR2.53 billion in 2019, with most segments expected to grow, according to the 23rd edition of the PwC “Global Entertainment & Media Outlook 2022−2026” (GEMO). -
ZF English - 13:57 Jul 15, 2022
The Romanian capital market was influenced by the shock of the war in Ukraine, but the impact was smaller than the crisis generated by the emergence of the COVID 19 pandemic, and in the long run the stock market indices have been on an upward trend, a Financial Supervisory Authority (ASF) analysis of the first quarter of 2022 shows. -
ZF English - 13:53 Jul 15, 2022
Pharmaceuticals group A&D Pharma – Dr.Max Group has leased over 5,000 square meters within the CTPark Craiova East industrial park, in a new building due to be completed by the end of 2022. -
ZF English - 13:29 Jul 15, 2022
Meta Estate Trust, a holding company operating in the real estate sector, on Friday said Romania’s Financial Supervision Authority (ASF) approved its Initial Public Offering (IPO) prospectus. -
ZF English - 11:52 Jul 15, 2022
Romania will have the 17th highest proportion of electric vehicle sales across Europe by 2035, with a total of 23.62% of newly registered cars predicted to be electric.