Romania Feed
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ZF English - 05:00 Sep 15, 2021
Apparel manufacturer Secuiana in Targu Secuiesc, Covasna, posted RON23.7 million (EUR4.9 million) revenue in 2020, a decline of 30% from the RON34 million (EUR7.2 million) of 2019, Finance Ministry data show. -
ZF English - 05:00 Sep 15, 2021
Helbako Electronica, the local subsidiary of Germany’s Helbako GmbH, posted RON96.2 million (EUR20 million) revenue in 2020, an increase of 9.5% year-on-year, ZF has calculated from Finance Ministry data. -
ZF English - 05:00 Sep 15, 2021
Heraeus Romania, a maker of adhesives for the electronics industry and the local subsidiary of Germany’s Heraeus group, ended last year with RON227.6 million (EUR47.2 million) revenue, an increase of 4% year-on-year, ZF has calculated from Finance Ministry data. -
ZF English - 17:05 Sep 14, 2021
Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank. -
ZF English - 16:11 Sep 14, 2021
Colliers: Investors In Romania Lured By Wide Range Of Land Plots For Future Residential Developments
The sector of land plots for residential developments remains attractive for investors in Romania in search of attractive yields, although the market is becoming increasingly crowded, per a report by real estate consulting firm Colliers. -
ZF English - 15:43 Sep 14, 2021
Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per finance ministry data. -
ZF English - 13:21 Sep 14, 2021
Courier services company Sameday Courier, majority held by online retailer eMAG, is expanding its senior management team and announces the appointment of Ana Krasovschi to the position of People, Culture & Organization Director. -
ZF English - 12:58 Sep 14, 2021
The Bucharest Stock Exchange (BVB) on Tuesday said the EUR500,000 worth of bonds issued by Ansett Logistics would start trading on BVB’s Multilateral Trading System, under the ticker symbol ANS26E, on Wednesday (Sept 15, 2021). -
ZF English - 12:42 Sep 14, 2021
RPHI Romania (Raiffesen Property), the company that holds and manages Bucharest’s SkyTower, has extended by seven more years the lease contract for office space within SkyTower for the Republic of Korea Embassy In Romania. -
ZF English - 11:32 Sep 14, 2021
2Performant (2P.RO), the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, ended the first six months of 2021 with a turnover of RON10.8 million, up 17% on the year, with almost 90% of revenue being generated by the Romanian market, pet the financial report. -
ZF English - 10:19 Sep 14, 2021
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, on Tuesday (Sept 14) dropped to the psychological threshold of 1.60% a year, after stagnating at 1.61% a year in the last five sessions. -
ZF English - 09:38 Sep 14, 2021
Remedium Farm, a family business operating in the field of pharmaceutical retail in Cluj County, established almost 30 years ago, reported an 8% higher turnover in 2020, up to RON182 million, per finance ministry data. -
ZF English - 09:14 Sep 14, 2021
Romania’s industrial production increased by 14% as gross series in January-July 2021 compared to the same period in 2020, and by 15.1% as series adjusted by number of working days and seasonality, the country’s statistics board INS said Tuesday. -
ZF English - 09:08 Sep 14, 2021
The Ardeleanu family (Vlad, an entrepreneur, and Virginia, a dentist) has finalized investments worth over EUR450,000 to add two new clinics, in Bucharest and Giurgiu, to Dr. Ardeleanu dental clinic chain. -
ZF English - 08:32 Sep 14, 2021
Elefant Online, which operates online retailer elefant.ro, one of the largest online stores on the local market, on Tuesday said it sold products worth over RON120 million (gross merchandise value) in the first six months of 2021, which translates into an average annual increase of 31% in the last two years. -
ZF English - 08:10 Sep 14, 2021
Estonian-held Bolt has more than 10,000 drivers in Romania, double the number reported six months ago, as the platform operates in 18 cities of the country, explained Cristi Salceanu, country manager of Bolt Romania. -
ZF English - 07:53 Sep 14, 2021
Romania’s home appliances manufacturer Electroarges produces parts for Arctic, the country’s largest home appliances manufacturer, in a bid to cut reliance on German-held Karcher. -
ZF English - 07:42 Sep 14, 2021
Bucharest is currently Romania’s most important market for cash & carry, hypermarket or supermarket operators, hosting a quarter of the country’s total number of modern stores, say the representatives of German-held Metro Cash & Carry. -
ZF English - 07:31 Sep 14, 2021
Door and window manufacturer Pinum Doors & Windows, part of Italy’s group Nusco, is set to open a new plant in Romania in northern Bucharest, in the wake of investments worth EUR6-7 million, said Francesco Curcio, the company’s chief executive officer. -
ZF English - 07:10 Sep 14, 2021
Romanian bread and bakery producer Pambac, controlled by entrepreneur Eusebiu Gutu of Bacau, in 2020 generated turnover worth RON214.5 million (EUR44.5 million), up 15% year-on-year, according to ZF calculations based on Finance Ministry data.