Romania Feed
-
ZF English - 08:41 Feb 15, 2023
DRUID, the startup launched by Liviu Dragan, ended 2022 with $5.6 million revenues, the best financial results since its launch in 2018. -
ZF English - 08:28 Feb 15, 2023
5 to go coffee shop chain, the largest player in the field, has signed a strategic partnership with Carrefour whereby the 5 to go products dedicated to the retail segment will be present on the shelves of the French retailer’s hypermarkets via the opening of 11 units under the official name of Coffee Corner 5 to go. -
ZF English - 08:18 Feb 15, 2023
Businessman Stefan Mandachi announced he sold Spartan restaurant chain for EUR20.3 million to the biggest franchisees of the chain. -
ZF English - 08:09 Feb 15, 2023
The TechAngels group of private investors, focused on supporting technology startups in Romania and the region, in 2022 invested EUR5.679 million overall, 36% less than in 2021. -
ZF English - 07:59 Feb 15, 2023
Veeam Software, a provider of solutions ensuring data availability and recovery, reached the 1,000-employees threshold in Romania in 2022 and plans to hire 100 specialists in the sales and technical support area. -
ZF English - 07:50 Feb 15, 2023
Construction panel maker Isopan has a EUR1 million investment budget for 2023, with the money to be mainly directed to local activity development. -
ZF English - 20:48 Feb 14, 2023
Onshore drilling company Foraj Sonde Videle (FOJE.RO) notified the Bucharest Stock Exchange about the signing of a contract with OMV Petrom (SNP.RO), the only local oil and gas producer and the largest company listed on the Bucharest capital market. -
ZF English - 20:25 Feb 14, 2023
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount of RON183.7 million, the company informed its shareholders and investors via a report to the Bucharest Stock Exchange on Feb 13, 2023. -
ZF English - 20:00 Feb 14, 2023
ROCA Investments, part of the Impetum Group, has completed a new round of capital increase, raising RON100 million for portfolio consolidation and development. -
ZF English - 19:20 Feb 14, 2023
Romania had the second highest economic growth rate in the European Union in the fourth quarter of 2022, 5% compared with the year-earlier period, after Ireland (15.7%) and ahead of Cyprus (4.4%), data released by Eurostat, the statistical office of the European Union on Tuesday, (February 14) show. -
ZF English - 17:42 Feb 14, 2023
Independent investment fund management company SAI Certinvest has appointed Adrian Dudu investment director as of February 2023. -
ZF English - 15:23 Feb 14, 2023
The revenue of the winemakers in Romania increased by more than 20% in 2021 compared with 2020, reaching its highest level ever, almost RON2.1 billion, a KeysFin report says. -
ZF English - 12:43 Feb 14, 2023
The Central Counterparty (CCP), through which the derivatives market of the Bucharest Stock Exchange (BVB) is being relaunched, could be operational in the last three months of 2023, CEO Adrian Tanase says in a press release. -
ZF English - 11:13 Feb 14, 2023
Pluridio, a local fintech that develops software solutions and customized products for bank treasuries, has recruited Ovidiu Kislaposi as Chief Product Officer, a position from which he will develop and implement product strategies, as well as new technology products to complement the current offering. -
ZF English - 08:50 Feb 14, 2023
Romania’s industrial production slumped by 1.8% in 2022 due to drops in electricity, thermal energy, gas, steam and air conditioning production and supply (-9.4%), mining industry (-2.8%) and processing industry (-0.4%), data from the country’s statistics board INS showed on Tuesday, February 13, 2023. -
ZF English - 08:29 Feb 14, 2023
Romania's gross domestic product (GDP) grew by 4.6% in gross series in the fourth quarter of 2022, while at the level of the entire year GDP rose by 4.8%, in line with data published by the country’s statistics board INS on Tuesday (February 14). -
ZF English - 08:15 Feb 14, 2023
Consumer price growth slightly slowed down in January, from the last months of 2022, with the annual inflation rate declining to 15.1%, from 16.4% in December 2022 and 16.8% in November, data from the country's statistics board INS showed on Tuesday (Jan 14). -
ZF English - 07:56 Feb 14, 2023
Hidroelectrica, Romania’s largest energy producer, which also has the lowest production cost, has reached an 8.75% share of the energy supply market, in line with data provided by the energy market watchdog ANRE for the first 10 months of 2022. -
ZF English - 07:35 Feb 14, 2023
Adinish, one of the best-known local businesses focused on the sale of children’s items, plans to expand this year by opening stores in Timisoara and Iasi. -
ZF English - 07:25 Feb 14, 2023
Sipex, a major building materials wholesaler in Romania, with 12 warehouses locally, wants to add two new distribution centers in the coming period, in Constanta and Mogosoaia.