Romania Feed
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ZF English - 07:57 Jul 30, 2021
Romania's seasonally adjusted unemployment rate inched down to 5.2% in June 2021 from 5.5% in May 2021, data from the country's statistics board showed Friday. -
ZF English - 06:00 Jul 30, 2021
Half of modern retail actors are betting several million euros on green energy, equipping their stores with photovoltaic panels and spending on biogas power stations. -
ZF English - 06:00 Jul 30, 2021
Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data centralized for the 2021 edition of the “Cei mai mari jucatori din economie” (Key players in the economy) yearbook. -
ZF English - 06:00 Jul 30, 2021
Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania in the first quarter of its 2021 financial year (February 1 - April 30), double the year-ago level. -
ZF English - 15:05 Jul 29, 2021
Banks in Romania granted new loans to households and companies in the amount of RON388 billion between 2016 and 2020, higher by 37.5% than RON282 billion at the end of 2020, per an analysis drafted within the #Dreptullabanking (the right to banking) campaign. -
ZF English - 14:45 Jul 29, 2021
Romania’s value-added tax (VAT) collections stood at RON36 billion in the first half of 2021, a record high in nominal terms, according to the budget execution released by the finance ministry on Thursday. -
ZF English - 14:04 Jul 29, 2021
SeedBlink, a local crowdfunding platform for Romanian IT start-ups, has appointed Laurentiu Ghenciu to the position of Chief Business Officer. -
ZF English - 13:29 Jul 29, 2021
Romania’s land market is one of the most active in the real estate sector, which is confirmed by a nearly 10% price increase in the first half of 2021, compared with 2020, with prices being expected to grow 10% until the end of 2021, according to Crosspoint Real Estate. -
ZF English - 13:14 Jul 29, 2021
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) convenes the Ordinary General Meeting of Shareholders (OGMS) on September 9, 2021 in order to elect seven interim Board members and set the term of interim Board members for four months. -
ZF English - 12:42 Jul 29, 2021
SIF Hoteluri, a company held by regional investment fund SIF Banat-Crisana, on Thursday said it sold the Rusca Hotel in Hunedoara, for a price of EUR1.1 million plus VAT applicable under the tax legislation in force. -
ZF English - 12:27 Jul 29, 2021
Parcel delivery platform Coletaria.ro, part of Czech Packeta Group, on Thursday said it would change its name to Packeta, starting the autumn of 2021, and supplement by at least 50% the investment budget for Romania in 2021, up to EUR3 million. -
ZF English - 11:15 Jul 29, 2021
Agricultural company Agroland Agribusiness (AAB.RO), part of Agroland Group, closed early, on the very first day, a primary offering of sale of private placement-type bonds whereby the company managed to raise RON10 million from stock market investors. -
ZF English - 10:53 Jul 29, 2021
Visual Fan S.A., which holds the Allview brand, on Thursday announced the purchase of a 12% ownership in technology company Headlight Solutions. -
ZF English - 10:04 Jul 29, 2021
Dutch-Belgian grocery retailer Mega Image and online retailer eMAG on Thursday said they mutually agreed to terminate, as of July 30, 2021, the partnership they had started eight years ago. -
ZF English - 09:18 Jul 29, 2021
The Romanian insurance market registered gross underwritings of RON3.19 billion in the first quarter of 2021, up 8.2% from the same period in 2020, the country's financial regulator said in a report Thursday. -
ZF English - 08:47 Jul 29, 2021
Romanian state-owned energy utility group Electrica (EL.RO) said in stock market report that it signed, as buyer, with Emanuel Muntmark and with Catalin Mrejeru, as sellers, three share sale and purchase agreements (SPAs) in three project companies having as main object of activity the production of energy from renewable sources. -
ZF English - 06:00 Jul 29, 2021
The largest 20 owners of land own 248,683 hectares or 2.5% of Romania’s arable land, Romania’s Agency for Payments and Intervention in Agriculture (APIA) data show. -
ZF English - 06:00 Jul 29, 2021
Dalli Production Romania, the local subsidiary of Germany’s Dalli group, which owns a detergent plant in Timisoara, posted more than RON434.3 million (more than EUR90 million) revenue in 2020, an increase of about 12% year-on-year, Finance Ministry data show. -
ZF English - 16:50 Jul 28, 2021
The European Commission on Wednesday approved the deal that changes the telecom market in Romania, the acquisition of Telekom’s fixed services division – formerly Romtelecom, by Orange, which will thus become a giant with fixed and mobile operations and almost EUR2 billion annual revenue. -
ZF English - 16:19 Jul 28, 2021
Almost 3,100 local companies went insolvent in the first half of 2021, over 30% more than in the year-ago period.