Romania Feed
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ZF English - 12:35 Dec 07, 2020
Insurance company Euroins Romania, held by Bulgarian Eurohold Group, reported gross underwritings of 402 million Bulgarian levs (nearly RON1 billion) in January-September 2020, 4% higher than 386 million levs (RON961 million) in the same period of 2019, per a report of Eurohold Group. -
ZF English - 12:31 Dec 07, 2020
Romania's finance ministry on Monday rejected all bids at a tender where it planned to raise 300 million lei (EUR61.5 million) selling bonds maturing in October 2034, central bank data showed. -
ZF English - 11:52 Dec 07, 2020
Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Tiriac Tower office building in Bucharest’s Victory Square, starting October. -
ZF English - 11:36 Dec 07, 2020
Nova Power & Gas and Electrogrup, members of E-INFRA group, said Monday they started works on a power plant fueled by natural gas, a EUR7 million investment in Campia Turzii, Cluj county. -
ZF English - 11:08 Dec 07, 2020
Elefant.ro, one of the largest online retailers on the Romanian market, managed by the company Elefant Online, announced that, starting December 7, its customers can pick up the products ordered at the post offices operated by the national postal operator Posta Romana, following a partnership concluded recently between the two companies. -
ZF English - 09:49 Dec 07, 2020
PwC Romania announced Monday that Anda Rojanschi would become Partner in the Tax and Legal Services Department, starting January 1, 2021. -
ZF English - 09:29 Dec 07, 2020
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) ended the first nine months of 2020 with a net profit of RON15 million, threefold lower than in the year-earlier period and its turnover dropped 28% on the year to RON214 million. -
ZF English - 09:06 Dec 07, 2020
International rating agency Standard&Poor’s (S&P) affirmed the 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Romania Friday (Dec 4), but the outlook remains negative. -
ZF English - 07:26 Dec 07, 2020
Romanian-owned Lemet, one of the largest furniture manufacturers in Romania, will build a new production facility on the site of its plant in Brebu, Prahova, to integrate more operations. -
ZF English - 07:07 Dec 07, 2020
Retailer Profi, held by buyout investor Mid Europa Partners, will end the year with almost EUR2 billion (more than 9 billion lei) sales, following more than 20% growth in 2020. -
ZF English - 07:00 Dec 07, 2020
Toy retail, a rising market in the past few years, ended 2019 with 1 billion lei total sales by the companies in the business of retail sale of games and toys in specialized stores, Trade Register data show. -
ZF English - 17:34 Dec 04, 2020
The Bucharest Stock Exchange (BVB) on Friday said the three issues of government bonds for the general population, within the FIDELIS program carried out on the capital market by the Finance Ministry between November 9 and 27, will start trading Monday, December 7. -
ZF English - 16:26 Dec 04, 2020
E.ON will be installing over 700,000 smart meters in Romania and some 2.5 million in Germania in the next ten years. Investments are meant to reconfigure and redesign energy systems with a view to fulfilling climate protection objectives. -
ZF English - 10:07 Dec 04, 2020
President and Chairwoman of Exim Bank US Kimberley Reed will arrive in Bucharest Monday to discuss the agreement between the bank and the Romanian government for the financing of energy and infrastructure project, said US ambassador Adrian Zuckerman. -
ZF English - 08:48 Dec 04, 2020
Druid, the only company in Romania specialized in developing AI chatbots, and PwC Romania announced Friday an agreement with supermarket chain Profi for the automation of its HR processes using chatbots. -
ZF English - 08:10 Dec 04, 2020
Hidroconstructia, one of the largest builders in Romania, plans to hire more than 100 foreign workers next year, to add to those it is already employing. -
ZF English - 07:57 Dec 04, 2020
Mailing services company Pink Post expects growth of 10% in revenue year-on-year in 2020 and expanded its range of services so it also delivered cards for the customers of the banks it works with, says chief executive Cristi Petcu. -
ZF English - 07:34 Dec 04, 2020
Romania is one of the main European suppliers of the major British fashion brands Debenhams, Topshop, Dorothy Perkins and Wallis, which have announced store closures or filed for insolvency in the past week. -
ZF English - 18:50 Dec 03, 2020
Insurance companies Groupama Asigurari, Uniqa Asigurari, Uniqa Asigurari de Viata and the Pool of Insurance against Natural Disasters (PAID) Romania have established the Romanian Employers Association in the Insurance Industry (PIAR). -
ZF English - 18:27 Dec 03, 2020
Romanian airline Blue Air on Thursday said it would launch flights from the “Avram Iancu” Cluj international airport to London Heathrow and Amsterdam starting March 1, 2021.