Romania Feed
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ZF English - 13:12 Apr 16, 2021
Romania's state-owned railway fright company CFR Marfa plans to cut staff numbers by 1,400 this year from over 5,300 at the end of 2019. -
ZF English - 12:10 Apr 16, 2021
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, has admitted for its share capital increase four investors who were able to provide issuance premiums of at least EUR1 million. -
ZF English - 11:33 Apr 16, 2021
Investment fund Evergent Investments, formerly known as SIF Moldova, ended the first quarter of 2021 with a net result of RON31.5 million, compared with minus RON69 million in the same period in 2020, while the total value of assets managed reached RON2.25 billion. -
ZF English - 11:02 Apr 16, 2021
Practic SA, one of the largest street-level retail space owners in Bucharest, held by Radu Dimofte, will distribute its shareholders a dividend of RON17.6 per share, which ensures a yield of nearly 2.7%. -
ZF English - 08:27 Apr 16, 2021
Agroland Agribusiness, part of Horia Cardos' Agroland Group, closed early, on April 15, a private placement of shares whereby the Offer was oversubscribed 15 times, up to a total RON90 million. -
ZF English - 07:01 Apr 16, 2021
Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company shows. -
ZF English - 06:17 Apr 16, 2021
More and more people are now aware they need to exercise and that a healthy body handles complicated health situations better, says Catalin Pozdarie, chief executive officer of sporting goods retailer Hervis. -
ZF English - 15:50 Apr 15, 2021
Implant Expert DSO, which operates dental clinic chain Dr. Leahu, will be opening a new clinic on April 17 in Ploiesti, following an investment of EUR500,000. -
ZF English - 15:28 Apr 15, 2021
Ascendis, the leader of the local training and organizational development consultancy market, said Thursday it has invested in .lumen, a local start-up that designs, develops and produces systems to aid the blind using advanced AI and robotics. -
ZF English - 15:02 Apr 15, 2021
David Durand is the new interim head of design at Dacia, replacing Alejandro Mesonero who is leaving Groupe Renault less than a year since his arrival in July 2020. -
ZF English - 14:49 Apr 15, 2021
Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer. -
ZF English - 14:34 Apr 15, 2021
Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target considering the country's high public debt. -
ZF English - 14:19 Apr 15, 2021
Romania's state-owned hydropower producer Hidroelectrica has started public procurement procedures for retrofitting works at its Raul-Mare Retezat hydropower station. -
ZF English - 12:17 Apr 15, 2021
The European Commission on Thursday said it has approved a Romanian scheme worth EUR500 million (nearly RON2.437 billion) aimed at supporting small- and medium-sized enterprises (SMEs) operating in the field of tourism, accommodation and food services, as well as travel agencies, against backdrop of the COVID-19 pandemic. -
ZF English - 11:51 Apr 15, 2021
Romania's finance ministry on Thursday raised 621.5 million lei (EUR126.2 million), above its RON500 million target, selling bonds maturing in October 2023 at an average yield of 2.31%. -
ZF English - 11:45 Apr 15, 2021
Polish online retailer Born2be has recently entered the Romanian fashion market, with the launch of its platform locally, and the offer includes clothing, footwear and accessories. -
ZF English - 11:14 Apr 15, 2021
ROCA Investments, the investment division part of Impetum Group, had a return on investment (ROI) of 62% in 2020, reaching a portfolio valuation of EUR42 million. The results come after three years of activity and have doubled compared with the level of EUR22.3 million end-2019. -
ZF English - 09:57 Apr 15, 2021
Libra Internet Bank on Thursday said it ended 2020 with a net profit of RON38 million, down 67% on the year, and the total operating income of RON341 million, up 3.73% on the year, per data aggregated by Ziarul Financiar from the bank’s annual financial report. -
ZF English - 09:50 Apr 15, 2021
Real estate consultancy company Cushman & Wakefield Echinox said Thursday it was extending its line of services to assist customers and partners in obtaining international LEED, WELL and BREEAM certificates, both for existing and pipeline office or industrial-logistical buildings. -
ZF English - 08:58 Apr 15, 2021
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 1.59% a year on Thursday (April 15), its third day of decline.