Romania Feed
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ZF English - 06:13 May 21, 2021
Aramis Invest, the largest furniture manufacturer in Romania, posted RON1.2 billion revenue in 2020, an increase of about 5% on the previous year. -
ZF English - 18:21 May 20, 2021
Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, on Thursday said it ended the first quarter of 2021 with operating revenue of EUR10 million, down 11.9% from the year-earlier period, per data released by the parent bank in Italy. -
ZF English - 17:59 May 20, 2021
Sensiblu, the second most extensive pharmacy chain in Romania, which remodeled most of pharmacies under the Dr. Max brand, reported a turnover of over RON1.9 billion in 2020, up 6% on the year, per calculations by Ziarul Financiar (ZF) based on company data. -
ZF English - 16:59 May 20, 2021
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, targets a turnover of RON110 million (EUR22.5 million) in 2021, up nearly 13% on the year, per calculations by Ziarul Financiar (ZF) based on company data. Benvenuti reported a turnover of RON97.5 million (EUR20.2 million) in 2020, down nearly 28% from 2019, per company data. -
ZF English - 16:40 May 20, 2021
Organic fertilizer producer Norofert (NRF.RO) has summoned its shareholders on June 23, 2021 to approve the purchase of a number of shares representing 100% of the share capital of Zimnicea-based AGROPROD CEV S.R.L., a farm covering 1000 hectares, at the price of EUR1.88 million. -
ZF English - 16:08 May 20, 2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Thursday announced investments of over RON270 million in consolidating the energy infrastructure in the region of Moldavia. -
ZF English - 13:01 May 20, 2021
Alukönigstahl Romania, the local division of aluminium systems producer Austria’s Alukönigstahl, on Thursday said it ended 2020 with a turnover of RON100.5 million (EUR21.5 million), down 10% from 2019, and a net profit of RON14.5 million, from RON16.5 million in 2019, per finance ministry data. -
ZF English - 11:54 May 20, 2021
Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in June 2026 on low demand, central bank data showed. -
ZF English - 09:48 May 20, 2021
Real estate consultancy company Cushman & Wakefield Echinox announced Thursday it was consolidating its Asset Services team by recruiting Serban Iliescu, a specialist with 18 years of experience in the real estate market, as Property & Technical Manager. -
ZF English - 09:30 May 20, 2021
Romanian employer branding and recruitment platform Undelucram.ro seeks to raise EUR600,000 financing for 12.2% of its shares and plans to use the money for regional growth and developing its machine learning and job matching algorithms. -
ZF English - 09:07 May 20, 2021
The European grocery retail real estate market has remained resilient in the face of economic uncertainty, as the COVID-19 pandemic provided new opportunities for growth and increased investor appetite, a trend that is also apparent in Romania, real estate consultancy company JLL said Thursday. -
ZF English - 08:32 May 20, 2021
ENGIE Romania, the largest natural gas distributor in Romania, has acquired a 5.46 MW solar park located in Teleorman, southern Romania, from two German investors. -
ZF English - 08:26 May 20, 2021
Transport Trade Services (TTS), the biggest freight transporter on the Danube, expects to raise up to RON315 million in an IPO later this month. -
ZF English - 08:01 May 20, 2021
Demand for cars is on the rise, says Alin Tapalaga, general manager of Porsche Inter Auto, as many companies postponed refreshing their fleets in 2020. -
ZF English - 07:00 May 20, 2021
Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad. -
ZF English - 06:30 May 20, 2021
Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found. -
ZF English - 17:50 May 19, 2021
Airline Ryanair said it would launch 14 new routes from Romania; the 2021 summer schedule currently includes 146 flights per week to 41 destinations. -
ZF English - 17:31 May 19, 2021
Romanian Taparo Group, which operates in the furniture industry, ended 2020 with a turnover of RON220 million and for 2021, it targets revenue of RON300 million, said Mihai Filip, shareholder of Taparo Group. -
ZF English - 17:01 May 19, 2021
E.ON Energie Romania targets a turnover of RON5.35 billion (nearly EUR1.1 billion) in 2021, 27% higher than the level reported in 2020. This year’s optimistic business forecasts come after a 4% higher demand for electricity and an 8% higher demand for natural gas in the first quarter of 2021. -
ZF English - 16:26 May 19, 2021
Building materials producer Sika, together with AdePlast – a company which Sika had integrated in 2020 – registered a total turnover of RON769.2 million in 2020, up 13% from a combined turnover of RON679 million in 2019.