Romania Feed
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ZF English - 07:07 Jun 08, 2021
Greek-held toy retailer Jumbo posted RON826 million sales in 2020, 14% higher than in 2019, Finance Ministry data show. Its profit stood at RON201 million last year. -
ZF English - 06:36 Jun 08, 2021
Rail freight transportation company E-P Rail posted 10% growth in revenue to RON394 million in 2020 from the RON357 million of 2019. Its officials expect revenue to reach RON500 milion this year, following investment projects that will boost its transportation capacity. -
ZF English - 06:17 Jun 08, 2021
Construction material retailer MAM Btricolaj will open two new stores in Brasov and Iasi by yearend. -
ZF English - 12:58 Jun 07, 2021
Private medical services provider MedLife announced Monday it has bought the remaining 10% in the Panduri Medical Center in Bucharest and now owns it fully. -
ZF English - 12:22 Jun 07, 2021
Mihai Bordeanu, general manager of carmaker Automobile Dacia, was elected president of the association of automotive manufacturers in Romania (ACAROM). -
ZF English - 12:02 Jun 07, 2021
Romania's finance ministry on Monday raised 334.2 million lei (EUR67.8 million), from a planned RON300 million, selling treasury bills maturing in January 2022 at an average yield of 1.72%, central bank data showed. -
ZF English - 11:56 Jun 07, 2021
Romania's finance ministry on Monday raised 660.4 million lei (EUR134 million), slightly more than planned, selling bonds maturing in October 2030 at an average yield of 3.27%, central bank data showed. -
ZF English - 10:06 Jun 07, 2021
Italian chocolate producer and confectionery company Ferrero is extending its office space rented in the Globalworth Tower building in Bucharest starting September. -
ZF English - 09:58 Jun 07, 2021
Romania kept its 18th spot in 2020 among 51 countries in Europe regarding foreign direct investment (FDI), with 57 foreign investment projects, compared with 78 projects in 2019, which translates into a decline of 27%, versus a European average of 16%, per an EY survey. -
ZF English - 08:38 Jun 07, 2021
tazz by eMAG delivery platform (the former online food delivery platform Eu¬CeMananc) saw its sales growing over 13-fold in 2020, following investments of RON26 million in technology and delivery process enhancement. -
ZF English - 08:07 Jun 07, 2021
Romania's finance ministry launches three new bond issues for the general population Monday, June 1, which can be subscribed by June 28. -
ZF English - 07:59 Jun 07, 2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) said in a stock market report Monday that the Romanian State, its majority shareholder, requested the distribution of a gross dividend of RON0.59 per share, respectively, a total amount of RON43 million from the 2020 profit. -
ZF English - 07:39 Jun 07, 2021
CTP, the largest owner of logistics space in Romania, seeks to expand throughout the country and is in talks with real estate investor Zacaria over the acquisition of six logistics centers. -
ZF English - 07:28 Jun 07, 2021
Campus Media TV, the company that operates television channel Digi24, had a turnover of RON72.1 million, a profit of over RON18 million and 335 employees in 2020, per finance ministry data. -
ZF English - 07:02 Jun 07, 2021
Romanian-owned power supplier Getica 95 became the private leader of the electricity trade on the competitive segment, right behind Electrica Furnizare and Enel Energie, both of which have a significant distribution infrastructure. -
ZF English - 06:30 Jun 07, 2021
Freight carrier Aquila Part Prod Com, the largest company in the Aquila group, has entered the billionaire club after posting growth of 57% in revenue to RON1.4 billion in 2020. -
ZF English - 16:56 Jun 04, 2021
Pharmaceutical manufacturer Infomed Fluids, established in 2004, reported a turnover of nearly RON130 million in 2020, up 8% on the year, per calculations by Ziarul Financiar (ZF) based on finance ministry data. -
ZF English - 12:26 Jun 04, 2021
Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data. -
ZF English - 12:12 Jun 04, 2021
Telekom Romania Communications, the fixed communications services division of Telekom Romania Group, registered a net profit of RON148.9 million in 2020, after reporting a combined net loss of over RON3 billion for the last six consecutive years, during the 2014-2019 period, per finance ministry data. -
ZF English - 10:53 Jun 04, 2021
International rating agency Fitch Ratings has revised the Outlook on Romania-based Autonom Services S.A.'s Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at 'B+', it said in a statement Friday.