Romania Feed
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ZF English - 16:28 Mar 25, 2021
Premier Restaurants, the company operating the McDonald’s franchise in Romania, will be opening a drive-thru restaurant in Zalau (Salaj Cunty), in September 2021, per a press release by Zalau municipality. -
ZF English - 16:16 Mar 25, 2021
SAI Patria Asset Management is going to replace SAI Tradeville Asset Management as a manager of open-end investment fund ETF BET Tradeville. -
ZF English - 15:37 Mar 25, 2021
Romania's finance ministry on Thursday raised 420 million lei (EUR86 million), selling bonds maturing in October 2027 at an average yield of 2.81%, central bank data showed. -
ZF English - 14:28 Mar 25, 2021
Huawei Romania want to employ over 200 people in 2021 for various IT&C positions at its headquarters and services centers in Romania, of whom approximately 20% will be from the new generation of graduates in the field. -
ZF English - 12:38 Mar 25, 2021
Jewelry store chain Teilor has contracted two loans from Raiffeisen Bank, of one of EUR1.6 million for working capital and one of RON5 million for investments. -
ZF English - 12:02 Mar 25, 2021
The modern industrial space stock exceeded the threshold of 5 million square meters in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the area under construction being pre-leased already, per Romania Industrial Destinations research report released by real estate consulting firm CBRE. -
ZF English - 11:13 Mar 25, 2021
Romanian investment fund Black Sea Fund, which targets SMEs, said Thursday it seeks to invest EUR15-20 million this year in three or four deals, two of which are currently in advanced talks. -
ZF English - 09:52 Mar 25, 2021
The combined value of Romania’s top 50 brands declined 3.7% in 2020, to EUR5.6 billion, amid global uncertainty caused by pandemic, but was almost 50% higher than in 2017, when the first Brand Finance Romania ranking was published. -
ZF English - 09:36 Mar 25, 2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) proposes dividends totaling nearly RON60 million subject to shareholder approval in a general meeting on April 27. -
ZF English - 09:21 Mar 25, 2021
Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has opened two new MEGA stores in Craiova and Sfantu Gheorghe in March, in a total investment of EUR400,000. -
ZF English - 09:10 Mar 25, 2021
Insurance companies operating on the Romanian market reported total underwritings of RON11.5 billion in 2020, up 4.6% compared with 2019, the country's financial regulator said in a report Thursday. -
ZF English - 08:53 Mar 25, 2021
Nearly 70% of analysts polled by CFA Romania expect Romania's inflation rate to grow to an average of 3.29% over the next 12 months, and over 87% estimate the leu will depreciate against the euro, to an average of 4.97 units over the same horizon. -
ZF English - 08:36 Mar 25, 2021
Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of Bucharest to Zeus International Group, one of Europe’s fastest growing hotel management firms. -
ZF English - 07:59 Mar 25, 2021
PVC and aluminum window and door manufacturer Optimedia has become one of the largest 500 exporters in Romania based on 2020 data. It ranks 498th, according to preliminary data the National Statistics Institute supplied to ZF. -
ZF English - 07:37 Mar 25, 2021
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, believes the fashion market will follow the same trend in 2021 as it did in the second half of last year, with lower sales than the time before the pandemic. A slight rebound in consumer spending might show as late as the spring of 2022. -
ZF English - 07:12 Mar 25, 2021
Apulum Turism is developing an event center and a five-star hotel in Cluj-Napoca in a EUR10 million investment. -
ZF English - 17:36 Mar 24, 2021
Romania’s cement market grew 10% to EUR630 million in 2020, from EUR570 million in 2019, according to officials of cement industry companies association CIROM, based on data from the country’s statistics board INS. -
ZF English - 17:18 Mar 24, 2021
Romanian state-owned Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has invested RON14 million in new product research and equipment in 2020, double compared with 2019, per a company announcement. -
ZF English - 16:57 Mar 24, 2021
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group with global revenue of EUR12.6 billion, plans to inaugurate in 2021 a new production unit in Brasov (central Romania), which will add to the five existing production units, and to the existing R&D campus, made up of engineering and testing centers. -
ZF English - 16:35 Mar 24, 2021
Omer Tetik, general manager of Romania’s largest lender by assets, Banca Transilvania, was voted Wednesday by the shareholders of property restitution fund Fondul Proprietatea as member of the Fund’s Board of Nominees, after the expiration of the mandate of Piotr Rymaszewski on April 5, 2021.