Romania Feed
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ZF English - 08:59 Oct 19, 2020
Regional investment fund SIF Transilvania (SIF3.RO) will seek shareholder approval on December 4 for a share buyback program of maximum RON4.8 million (EUR1 million) to reward members of management and the supervisory board. -
ZF English - 08:50 Oct 19, 2020
Apiary Book, the most utilized app for beekeeping worldwide, founded by Bogdan Iordache in 2015, seeks to get EUR150,000 via equity funding on the SeedBlink platform. -
ZF English - 08:24 Oct 19, 2020
Dental clinic chain Dr. Leahu, the second largest player on the local dental services market, has attracted an investment from Morphosis Capital Fund I Cooperatief, which acquired a minority stake. -
ZF English - 07:28 Oct 19, 2020
Romanian entrepreneur held Tinervis Group, which operates the Luca pretzel shop chain ended 2019 with 133.8 million lei (EUR28.2 million) revenue, an increase of 31% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 07:18 Oct 19, 2020
Carmakers Dacia and Ford produced nearly 58,000 vehicles in September, 56% more than in September 2019, the biggest monthly output ever achieved in Romania. -
ZF English - 06:35 Oct 19, 2020
Chimica group has switched full-time to a new line of business, following sale of its ski boots plant in Salomon, and started making espresso machine subassemblies. -
ZF English - 06:00 Oct 19, 2020
The NN Group, which owns life insurance company NN Asigurari de Viata in Romania, has earmarked 31.9 million lei for capital for its new entity NN Asigurari, a general insurance business, part of NN Romania, Gerke Witteveen, interim CEO of NN Romania, told ZF. -
ZF English - 14:41 Oct 16, 2020
Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has won a tender held by the European Commission to supply necessary stock for the second wave of the Covid pandemic. -
ZF English - 11:36 Oct 16, 2020
MedLife (M.RO), the leader of the private medical services market in Romania, said Friday in a stock market announcement that it took full shareholding of Bucharest-based Ghencea Medical Center after completing its shareholding package with additional 10% stake, thus reaching 100%. -
ZF English - 10:42 Oct 16, 2020
Renault Group will produce the new Dacia Spring Electric in China, Dacia confirmed Thursday. -
ZF English - 08:38 Oct 16, 2020
Romania ranks 14th in the European Union regarding new car registrations in January-September 2020, with 84,601 units, 31.8% fewer than in the same period in 2019, data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed Friday. -
ZF English - 08:14 Oct 16, 2020
Romanian construction works increased by 17.3%, as gross series, and by 19.2%, as adjusted series according to the number of working days and to seasonality, in January-August 2020, compared with the same period in 2019, the country’s statistics institute said Friday. -
ZF English - 07:50 Oct 16, 2020
Damen Shipyards Mangalia held by Netherland’s Damen group, ended last year with more than 131 million lei (EUR26.8 million) revenue, an increase of 16% on the previous year, when it posted RON112.6 million (EUR23 million) revenue, financial platform Confidas data show. -
ZF English - 07:28 Oct 16, 2020
Monza Hospital in Bucharest held by Italy’s Policlinico di Monza group, ended 2019 with 27% higher revenue year-on-year, 176.9 million lei, Finance Ministry data show. -
ZF English - 06:53 Oct 16, 2020
French-held Carrefour group, whose online operations include the Bringo delivery service and an online store, has hired Ioana Ilie-Dobre, the former country manager of Uber Eats. Uber Eats decided to leave Romania and a number of other countries this summer. -
ZF English - 16:35 Oct 15, 2020
Dacia is now writing a new chapter in its history with the unveiling of its first all-electric model, Renault Group said Thursday with the presentation of the Dacia Spring Electric show-car. -
ZF English - 14:33 Oct 15, 2020
Romania's finance ministry on Thursday raised 968 million lei (EUR198.6 million), versus a RON700 million target, selling bonds maturing in October 2023 at an average yield of 3.07%, central bank data showed. -
ZF English - 12:23 Oct 15, 2020
The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of 2020, financial supervision body data showed Thursday. -
ZF English - 12:19 Oct 15, 2020
Dedeman, the largest Romanian entrepreneurial business and biggest local do-it-yourself (DIY) chain, will be opening its second store in Prahova County, in the Blejoi commune, some eight kilometers off the town of Ploiesti. -
ZF English - 12:07 Oct 15, 2020
The Tazz by eMAG application has attracted investments of over RON25 million over the past six months, which will be used to develop the technology segment and the infrastructure, as well as to increase the team and extend the partnerships with restaurants and retailers.