Romania Feed
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ZF English - 10:21 Jul 19, 2022
Romania’s public debt, in both lei and foreign currency, increased to more than RON600 billion in April 2022 from RON594 billion in March and to 49.2% of the GDP, Finance Ministry data show. -
ZF English - 08:31 Jul 19, 2022
Construction works increased by 16.7% in May 2022 against April 2022 in gross series, whole in adjusted series there was a 4.6% advance, in line with data from the country’s statistics board INS. -
ZF English - 07:32 Jul 19, 2022
Clinica Sante, a private laboratory clinic network developed in 1995, in 2021 reached RON254 million turnover, up 72% from 2020, the fastest growth pace for the company that has 290 centers nationwide. -
ZF English - 07:20 Jul 19, 2022
Franke Romania, the local subsidiary of the Swiss group of the same name, has budgeted RON2.5 million investments for this year, almost double the 2020 level and 42% higher than the 2021 one, in line with ZF calculations based on company data. -
ZF English - 07:06 Jul 19, 2022
Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 million budget for investments, but not all the money is destined to the warehouse. -
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.