Romania Feed
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ZF English - 07:31 Sep 16, 2021
Virgil Harabagiu, owner of Perla Bucegi of Sinaia, who also holds 30 hectares of vineyard in Dealu Mare, plans to develop a touristic complex made up of villas, as well as a restaurant on the wine tourism niche in a bid to attract more tourists for wine tasting. -
ZF English - 07:06 Sep 16, 2021
Axa Trans Construct is a builder owned by Virlan family, operating in the field of civil and industrial constructions as a general entrepreneur. The pandemic drove the company’s turnover to RON35 million last year, less than half against 2019, when it hit a record high. -
ZF English - 06:46 Sep 16, 2021
IT, energy and health are the sectors stirring the highest interest among investors in Romania, with the same fields having been so far, during the pandemic, the drivers of the M&A market. -
ZF English - 17:05 Sep 15, 2021
Romanian engineering and technology company Simtel Team (SMTL.RO), listed on the AeRO market of the Bucharest Stock Exchange, posted record high revenue of RON18.5 million in the first half of 2021, an increase of 30% on the year-ago period. -
ZF English - 14:32 Sep 15, 2021
Financial brokerage firm Wood & Company Financial Services is supposedly working on the listing of online retailer Elefant on the Bucharest Stock Exchange, through an initial public offering (IPO) scheduled to take place in November 2021, per sources of Ziarul Financiar (ZF). -
ZF English - 14:08 Sep 15, 2021
Shareholders of biodegradable packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast, have approved the company split-up and the transfer of a part of the patrimony to the newly established firm Obor Development. -
ZF English - 13:30 Sep 15, 2021
The Board of Directors of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, summoned the company's shareholders on October 20 to discuss the proposition of the minority shareholder, KJK Balkan Holding, to revoke the company’s administrators and dismiss the company’s auditor Ernst & Young Assurance Services. -
ZF English - 13:15 Sep 15, 2021
National grid company Transelectrica (TEL.RO) has submitted the application to the European Investment Bank (EIB) for the funding of its new Constanta Nord – Medgidia Sud 400 kV overhead power line from the Modernization Fund, the company announced. -
ZF English - 11:57 Sep 15, 2021
Real estate consulting firm Crosspoint Real Estate has appointed Bogdan Gubandru to the position of Head of Investment. -
ZF English - 11:39 Sep 15, 2021
Stay Fit, one of the largest players on the local fitness market, is opening a fitness center within Colosseum Mall, located in Bucharest, following an investment of over EUR650,000. -
ZF English - 11:08 Sep 15, 2021
Shareholders of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) re-elected Dan Dragos Dragan as Chairman of the company’s Executive Board, within their general meeting of September 9. -
ZF English - 09:56 Sep 15, 2021
The balance of mortgage loans granted by lender Alpha Bank Romania exceeded RON6.29 billion (EUR1.28 billion) at the end of June 2021. -
ZF English - 09:34 Sep 15, 2021
Shareholders of lender Patria Bank (PBK.RO) will discuss, at their next general meeting of October 18, increasing the lender’s share capital by maximum RON19.73 million, up to RON331 million, by converting a loan granted by the majority shareholder, EEAF Financial Services BV, in 2018, as well as through cash contribution. -
ZF English - 08:22 Sep 15, 2021
Romanian-held operational process automation company DocProcess on Wednesday said it appointed Patrice Vidal to the position of Senior Vice-President Sales & Marketing for Western Europe. -
ZF English - 07:56 Sep 15, 2021
FintechOS, the Romanian startup developing digital solutions for the financial industry, is tapping the US market, where it is set to work both for traditional banking and lending institutions, as well as for fintechs, according to company information. -
ZF English - 07:46 Sep 15, 2021
Romania’s dental services industry generated turnover worth RON2.3 billion in 2020, the same as in the previous year, in line with Trade Registry data. -
ZF English - 07:34 Sep 15, 2021
The average price per one hectare of farmland in Romania revolves around EUR6,000, which is luring Romanian, as well as foreign investors, the more so as the European average is higher. -
ZF English - 07:22 Sep 15, 2021
The real estate arm of Radacini Group, controlled by businessman Ali Madadi, plans to start construction works on two new retail centers, the first ones of the group, in Chitila and Pipera, respectively. -
ZF English - 07:08 Sep 15, 2021
Bricostore Romania, the company through which Britain’s Kingfisher group operates its 35 DIY units domestically, is set to implement an EU co-funded project for employee training until January 2023. -
ZF English - 06:52 Sep 15, 2021
Romania’s postal and courier services market ranks 14th among the markets of EU countries, with a value put at EUR1.2 billion in 2021, 8.8% lower than in 2020, in line with Ibisworld data.