Romania Feed
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ZF English - 14:59 Mar 22, 2023
Romanian low-cost airline Blue Air has entered insolvency at its own request, in line with data on the website of the Bucharest Municipal Court. -
ZF English - 12:21 Mar 22, 2023
Electric vehicle (EV) adoption has accelerated faster than predicted considering that globally EV sales doubled in 2021 and jumped 55% in 2022 to account for 13% of all vehicles sold, according to a new study from EY and Eurelectric. -
ZF English - 11:20 Mar 22, 2023
Romania's capital market started 2023 with a series of significant increases considering that all indices of the Bucharest Stock Exchange (BVB) were in the black at the end of the first two months of this year. -
ZF English - 11:12 Mar 22, 2023
The Kazakh-Romanian Energy Investment Fund (KREIF), controlled by KMG International and the Romanian State, has made progress in commissioning the cogeneration plant on the Petromidia platform, reaching over 80% of the total operations, part of the project that started in May 2021. -
ZF English - 08:55 Mar 22, 2023
Telecom operator Digi Communications has sealed an agreement with arbdn fund to carry out a EUR300 million investment in the development of an optical fiber network in Spain. -
ZF English - 08:36 Mar 22, 2023
Real estate developer ONE United Properties has proposed an additional gross dividend of RON0.01/share to shareholders, namely a total sum of RON37 million, after the company has already earmarked RON36 million in September from 2022 profit for dividends of RON0.013/share. -
ZF English - 22:26 Mar 21, 2023
The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD). -
ZF English - 22:10 Mar 21, 2023
Insolvent thermal power plant CET Arad was acquired by AOT Energy headquartered in Switzerland, according to online publication Special Arad. -
ZF English - 21:00 Mar 21, 2023
The shareholders of Carbochim Cluj-Napoca (CBC.RO), the largest local professional abrasives producer, will put to a vote a decision to approve the contracting of investment loans in the amount of maximum RON15 million or the equivalent in euros, in order to fulfil the objectives set in the investment plan for 2023. -
ZF English - 19:35 Mar 21, 2023
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO), a company in which the Paval brothers - founders of do-it-yourself retailer Dedeman, own a 17.2% stake, plans to distribute RON12 million worth of dividends from its 2022 profit, as per a notice convening the Ordinary General Meeting of Shareholders. -
ZF English - 15:54 Mar 21, 2023
tbi bank has partnered with Inter Broker de Asigurare to allow Romanians to buy insurance products of any kind through the Buy Now, Pay Later (BNPL) solution. -
ZF English - 15:33 Mar 21, 2023
SomProduct, a local home furniture and decoration retailer, is opening a showroom within the ISHO project in the western city of Timisoara, where he leased a space of 1,100 square meters. -
ZF English - 14:54 Mar 21, 2023
Porsche Finance Group, one of the leading providers of financing, insurance, maintenance and car mobility solutions in Romania, has announced the appointment of Helian Redai to the position of Chief Executive Officer (CEO). -
ZF English - 13:36 Mar 21, 2023
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) has proposed the distribution of dividends in the amount of RON5.3 million from the 2022 net profit worth RON14.2 million, as per a stock market report signed by Ruxandra-Rodica Anghel, Chairwoman of the Board of Directors. -
ZF English - 13:03 Mar 21, 2023
The European Bank for Reconstruction and Development (EBRD) and the Center for International Private Enterprise (CIPE) have launched a joint corporate governance training initiative aimed at promoting female participation on boards. -
ZF English - 12:42 Mar 21, 2023
76% of young Romanians agree with stricter government measures aimed at imposing a change in people’s behavior to tackle climate change, . -
ZF English - 11:48 Mar 21, 2023
Nuclear power producer Nuclearelectrica (SNN.RO) and the Emirates Nuclear Energy Corporation (ENEC) have signed a Memorandum of Understanding (MoU) for bilateral cooperation within the nuclear energy sector to support the growth of this energy source in tackling the dual challenges of energy security and climate change. -
ZF English - 11:35 Mar 21, 2023
Software development hub Coface Technologies plans to grow its team of IT specialists to 200 members over the next four years. -
ZF English - 09:05 Mar 21, 2023
Alaska Energies, a company active on the renewable energy market founded in the Czech Republic, has leased more than 8,000 square meters of logistic spaces in VGP Park Bucuresti Nord to the end of expanding its local operations, warehousing and distribution of renewable energy. -
ZF English - 08:43 Mar 21, 2023
SomProduct, a local furniture and home décor retailer, is opening a showroom in ISHO project of Timisoara, developed by Mulbery Development, where it leased 1,100 square meters.