Romania Feed
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ZF English - 08:20 Jun 10, 2021
Net investments in the Romanian economy grew 9.9% in January-March 2021 compared with the same period in 2020, to RON20.3 billion, data from the country's statistics board showed Thursday. -
ZF English - 08:14 Jun 10, 2021
Emerson SRL, part of US’ Emerson, posted about RON961.8 million (EUR199.5 million) revenue in 2020, slightly up year-on-year from RON955.9 million (EUR201.6 milion), Finance Ministry data show. -
ZF English - 07:50 Jun 10, 2021
Iasi-based pharmaceutical producer Fiterman Pharma ended 2020 with RON189 million (EUR39 million) revenue, an increase of 36% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 07:23 Jun 10, 2021
Sporting goods retailer Sportisimo seeks to double its retail chain in Romania over the next five years, following the good results of the already operational stores. -
ZF English - 06:00 Jun 10, 2021
Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer supplied to ZF show. -
ZF English - 14:52 Jun 09, 2021
Bombardier Transportation Shared Services Romania, the local subsidiary of Canadian giant Bombardier acquired this year by France's Alstom, reported a turnover of RON85.7 million for 2020, down 6.5% compared with 2019, finance ministry data showed. -
ZF English - 13:13 Jun 09, 2021
Apemin Tusnad, one of the largest water bottlers in Romania, had a turnover of RON67 million in 2020, 6% higher than in 2019, while its profit grew 28%, to over RON14 million. -
ZF English - 13:03 Jun 09, 2021
Home appliances manufacturer Whirlpool expects its turnover in Romania to grow by at least 10% this year after experiencing a 15% decline in 2020. -
ZF English - 12:11 Jun 09, 2021
Mailing services company Pink Post, held by businessman Octavian Radu, had a turnover of RON91 million in 2020, up 6% on the year, according to company representatives. -
ZF English - 10:50 Jun 09, 2021
Letiţia Pupazeanu will be the Executive Director of the American Chamber of Commerce in Romania (AmCham Romania) beginning with July 1, 2021. -
ZF English - 10:11 Jun 09, 2021
The modern industrial space stock in Romania exceeded the 5 million square-meter threshold in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the surface area under construction being already pre-leased, per the Romania Industrial Destinations report released by real estate consulting firm CBRE Romania. -
ZF English - 08:56 Jun 09, 2021
Romanian state-owned airline Tarom has announced that Catalin Radu Prunariu took over as the new Chief Executive Officer (CEO) starting Wednesday (June 9). -
ZF English - 08:34 Jun 09, 2021
The Mercure Hotel in Galati, owned by businessman Traian Sandu, was officially opened, one year later than originally planned. -
ZF English - 07:53 Jun 09, 2021
Romania's trade balance posted a deficit of EUR7.05 billion in January-April 2021, higher by EUR957.5 million compared with the first four months of 2020, data from the country's statistics board showed Wednesday. -
ZF English - 07:52 Jun 09, 2021
Logistics and parcel delivery company DHL Express Romania posted growth of 6% in revenue to RON364 million last year. The growth comes amid rising online volumes. -
ZF English - 07:14 Jun 09, 2021
New consumer loans in lei reached more than RON2.52 billion in Romania in April 2021, the highest level in 14 years and 4.3 times higher than in April 2020. -
ZF English - 06:48 Jun 09, 2021
Italy’s fashion group Calzedonia has closed its Romanian plant which employed 400 people. -
ZF English - 13:36 Jun 08, 2021
Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and MyContinental. -
ZF English - 12:32 Jun 08, 2021
Romania is the only major market operated by Italian utility giant Enel where electrical bills grew in 2020, the company showed in its integrated annual report citing Eurostat data. -
ZF English - 12:00 Jun 08, 2021
Lender Banca Transilvania has revised Romania’s economic growth forecast up to 6% in 2021, the highest level since 2017, from a previous forecast of 5.4%.