Romania Feed
-
ZF English - 17:33 Apr 13, 2021
German discount grocery retailer has launched self-checkout registers in 30 of its stores in Romania. It means that a little over 10% of total units on the local market have this type of registers operating without cashiers, where customers can scan their items by themselves. -
ZF English - 16:41 Apr 13, 2021
Organic fertilizer producer Norofert (NRF.RO) said in a stock market announcement Tuesday that it closed the first stage of the share capital increase operation, which was carried out between March 12 and April 11, 2021. -
ZF English - 16:21 Apr 13, 2021
The Bucharest Stock Exchange (BVB) has announced that the first bond issue of Alive Capital, supplier of electricity and electrical service provider, will start trading on BVB’s Multilateral Trading System (MTS) on April 14. -
ZF English - 15:59 Apr 13, 2021
Romania’s freelance recruitment market will grow over 40% in 2021, according to estimates by online recruiting platform BestJobs which launched employment services for freelance jobs, based on projects, under the slogan #FreeTheWork. -
ZF English - 12:30 Apr 13, 2021
Italy’s UniCredit Group, which holds the fifth largest bank on the Romanian market by assets, has approved the appointment of Sorin Dragulin to the position of Chief Executive Officer (CEO) of UniCredit Consumer Financing Romania, the non-banking financial division of UniCredit Group, starting May 2021. -
ZF English - 12:16 Apr 13, 2021
In order to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, Romanian state-owned natural gas producer Romgaz is considering a funding mix, such as a syndicated loan, own sources and a potential bond issue. -
ZF English - 11:24 Apr 13, 2021
Romania's current account balance posted a deficit of EUR1.627 billion in January-February 2021, quadruple from a deficit of just EUR431 million in the first two months of 2020, central bank data showed Tuesday. -
ZF English - 09:47 Apr 13, 2021
Polish private equity fund Innova Capital has completed the acquisition of UK PayPoint’s Romanian divisions, PayPoint Services SRL and Payzone SA, six months from the start of the process, and the transaction amounts to approximately £48 million. -
ZF English - 09:25 Apr 13, 2021
Insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) expects to exit insolvency at the end of 2021, way before the deadline stipulated in the reorganization plan, considering that the company managed to keep its contracts with customers and suppliers and its staff numbers returned to the initial level. -
ZF English - 07:53 Apr 13, 2021
ING Bank Romania has granted a credit facility of RON10 million to Agrinvest Credit IFN to increase lending for small and mid-sized farmers and to cover the company’s working capital needs in 2021. -
ZF English - 07:43 Apr 13, 2021
Romanian-held Vexio, an online retailer of consumer goods, computer and electronics products, home and garden products and school supplies, expects a 25% increase in sales to EUR25 million this year, as consumers will continue to do a lot of shopping online, due to the pandemic. -
ZF English - 07:24 Apr 13, 2021
Romania's annual inflation rate inched down to 3.05% in March 2021 from 3.16% in February 2021, data from the country's statistics board showed Tuesday. -
ZF English - 06:32 Apr 13, 2021
The component shortage has grown worse and is already affecting more than the automotive industry, having spread to the computer and electronics and bicycle industries, so analysts expect a difficult time ahead with unavailability of goods on store shelves and price increases. -
ZF English - 06:00 Apr 13, 2021
Furniture manufacturer Lemet, one of the largest in its business in Romania, seeks to expand its retail chain Lem’s with three or four new stores, operated by franchisees, in 2021. -
ZF English - 14:56 Apr 12, 2021
Robotic process automation startup UiPath, the most valuable tech start-up launched in Romania, targets a valuation of nearly $26 billion in its U.S. initial public offering (IPO), according to a regulatory filing on Monday. -
ZF English - 14:35 Apr 12, 2021
Romania’s energy regulator ANRE has approved the annual investment plans for 2021, worth a total RON1.3 billion, for the system and transmission operator and natural gas distribution operators in Romania -
ZF English - 13:59 Apr 12, 2021
Packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast and held by businessman Florin Pogonaru, has obtained a grant of EUR744,000 from Island, Liechtenstein and Norway in order to develop a new division, Bio Compounds. -
ZF English - 12:32 Apr 12, 2021
Ionut Negoita, one of the biggest residential project developers in capital Bucharest, has bought a ten-hectare land in eastern Bucharest, from pipe maker Tubinox, on the site of the former Republica factory, where he plans to build a residential compound. -
ZF English - 12:04 Apr 12, 2021
Scandinavian fashion retailer Marc O’Polo has opened its first store in northeast Romania, within the Palas Iasi shopping center; the retailer already is present within Iulius Mall Cluj. -
ZF English - 11:46 Apr 12, 2021
Transavia, the largest poultry producer in Romania, held by the Popa family, has reached a combined portfolio value of EUR81 million, higher by EUR8 million than the level in 2020, per the annual report on the most valuable and powerful Romanian brands, carried out by consulting firm Brand Finance.