Romania Feed
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ZF English - 10:05 Oct 29, 2020
Romania will not shut down its economy as it did during the two-month state of emergency in spring, finance minister Florin Citu said Thursday in a radio interview. -
ZF English - 09:56 Oct 29, 2020
Polish footwear retailer CCC, the second largest on the Romanian footwear market, opened a new store in the AFI Brasov shopping center, its 76th in Romania. -
ZF English - 08:47 Oct 29, 2020
December could be a make-or-break month for the shopping centers in Romania, badly hurt by the pandemic, considering this is a time when people buy presents and usually generates higher sales for stores, says Andrei Pogonaru, owner of Veranda Mall in Bucharest. -
ZF English - 08:07 Oct 29, 2020
Online sales of groceries and personal and household care products could reach EUR1 billion by 2025 or 4% of the total market, ZF has calculated from the estimates of the Bringo delivery platform of French-held Carrefour group. -
ZF English - 07:48 Oct 29, 2020
OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe, on Thursday reported sales of RON15.1 billion for the first nine months of 2002, down 17% on the year, while net profit attributable to shareholders dropped 70%, to RON826 million. -
ZF English - 14:47 Oct 28, 2020
Coffee distributor Tchibo Coffee Service is acquiring Partener Coffee Services, which owns The Coffee Shop chain of cafes. The deal is being analyzed by the antitrust body. -
ZF English - 11:38 Oct 28, 2020
Otter Distribution, one of the largest players on the local footwear retail market, has expanded its network opening a Tezyo store and a Salamander store in AFI Brasov shopping center following an investment of EUR225,000. -
ZF English - 10:38 Oct 28, 2020
Housing prices, demand, supply and real estate deals recovered visibly in the third quarter of 2020 after the lifting of pandemic-related restrictions, a market report by Imobiliare.ro showed Wednesday. -
ZF English - 09:26 Oct 28, 2020
Supermarket and hypermarket chains are the lifeline of the companies in the food and drink service industry as the number of COVID-19 cases is rising and restaurants, cafés and bars have to comply with an increasing number of restrictions to be able to operate. -
ZF English - 08:44 Oct 28, 2020
The companies in the construction sector in Romania posted more than 107 billion lei revenue in 2019, ZF has calculated from the country’s National Statistics Institute. The revenue grew by 27% compared with 2018 and by 14% compared with 2009. -
ZF English - 07:54 Oct 28, 2020
Do-it-yourself retailer Brico Depot posted 9% like-for-like growth in sales in the first half of 2020 and the online sales contributed a lot to the total. -
ZF English - 15:03 Oct 27, 2020
Romanian cosmetics brand Cupio, launched by Raluca and Razvan Stefanescu in 2012, reached a network of 18 stores after a recent opening in the AFI Brasov shopping center, opened this month. -
ZF English - 14:56 Oct 27, 2020
Management solutions and business process outsourcing service provider Sykes Enterprises Eastern Europe, part of the US-held Sykes group, is looking to hire 112 people at its office in Cluj-Napoca, according to the local employment agency. -
ZF English - 14:19 Oct 27, 2020
Romania's finance ministry on Tuesday raised EUR1.647 billion, more than double its target, selling euro-denominated bonds maturing in November 2022 on the local market at an average yield of 0.39%, central bank data showed. -
ZF English - 14:12 Oct 27, 2020
Real estate developer Iulius Group, owned by businessman Iulian Dascalu, has changed its plan for the tallest office building in Romania, under construction in the Iulius Town compound in Timisoara. -
ZF English - 13:13 Oct 27, 2020
Romania's general consolidated budget posted a deficit of RON67.27 billion, or 6.36% of the gross domestic product, finance ministry data showed Tuesday. -
ZF English - 13:08 Oct 27, 2020
Parcel delivery service company DPD Romania, one of the largest courier service firms on the local market, has invested nearly EUR500,000 in a warehouse of 3,000 square meters located in the town of Bragadiru, near the capital city of Bucharest, where it seeks to employ 100 couriers and sorters. -
ZF English - 11:28 Oct 27, 2020
The car assembly plant in Mioveni of Romanian Automobile Dacia, owned by France's Renault, has started the production of the third generation of Sandero Stepway and Logan models, considering their upcoming commercial launch, according to Ziarul Financiar. -
ZF English - 10:27 Oct 27, 2020
Brasov-based roofing systems manufacturer Bilka Steel, owned by businessman Horatiu Tepes, has invested EUR5 million in 2020, part of an ampler investment project set off in the past years, according to Ziarul Financiar. -
ZF English - 10:02 Oct 27, 2020
Wholesaler El Grupo Número 1, the biggest franchisor in Spain, has leased a warehouse of 3,000 square meters within the P3 Bucharest A1 industrial park and will be exclusive wholesaler in Romania for clearance items of most famous Spanish fashion brands.