Romania Feed
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ZF English - 15:50 May 19, 2021
Smithfield Romania, the largest actor on the pork market in the country, ended 2020 with a turnover of RON1.3 billion, up 5% on the year, per calculations by Ziarul Financiar (ZF) based on data from company representatives. -
ZF English - 15:28 May 19, 2021
The Bucharest Stock Exchange (BVB) on Wednesday said the shares of Romanian dairy producer Agroserv Mariuta would start trading on the AeRO market, the equity segment of the Multilateral Trading System (MTS), under the ticker symbol MILK, on Friday, May 21. -
ZF English - 15:10 May 19, 2021
The company Ra-Ra Hotels, part of Ra Ra Group Brasov, has concluded a financial agreement with lender EximBank to develop the Radisson Blu Aurum project. -
ZF English - 12:53 May 19, 2021
Mediapost Martech, a company specialized in automating marketing, sales and support services for customers and also part of the Mediapost Hit Mail Group, has obtained the HubSpot Platinum Partner certification after only one and a half year of activity on the market. -
ZF English - 11:45 May 19, 2021
Romanian lender CEC Bank will be financing the construction of a new factory built by local dairy producer Artesana in a EUR5 million investment. -
ZF English - 11:42 May 19, 2021
Shareholders of telecommunications operator Digi Communications (DIGI.RO) approved on May approved the distribution of a gross dividend of RON0.75 per share, per a summoning note published on the stock market. -
ZF English - 10:37 May 19, 2021
Amazon Web Services, Amazon’s cloud computing division, has opened its first office in Bucharest, part of its strategy to expand across Central and Eastern Europe. -
ZF English - 10:18 May 19, 2021
The most wanted employers in Romania in 2021 are Amazon Development Center (Romania), HP Inc. Romania and Ubisoft, as the IT industry is seen as the most attractive, followed by services, according to the Randstad Employer Brand report. -
ZF English - 07:59 May 19, 2021
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR146.2 million on the local market in the first quarter of 2021, up 16.1% on the year. -
ZF English - 07:51 May 19, 2021
Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora was the only modern grocery retailer to see sales shrink in 2020. -
ZF English - 07:45 May 19, 2021
Lasselsberger Ceramics Romania, a local ceramic tile producer and owner of the Cesarom brand, posted 10% growth in turnover in 2020 and its profit doubled. -
ZF English - 07:28 May 19, 2021
The Timis family, who owns the cold cuts producer Cris-Tim and Casa Timis mansion, plans to build a hotel in the next five years. The entrepreneurs intend to build some accommodation facilities in the area where the Casa Timis mansion is in the near future. -
ZF English - 07:21 May 19, 2021
Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro adoption department, a central bank official has clarified. -
ZF English - 06:49 May 19, 2021
Corrugated cardboard and toilet paper manufacturer Vrancart is conducting EUR29 milion investments in several projects intended to ensure development of the business. -
ZF English - 19:18 May 18, 2021
Outsourcing services company Teleperformance Romania has earmarked an investment budget of RON3.6 million for 2021, 14% higher than the investment budget of over RON3.14 million for 2020, which was nearly 58% higher than the budget for 2019. -
ZF English - 17:27 May 18, 2021
Railway freight transporter Grup Feroviar Roman (GFR), the main company of freight railway group Grampet and the largest private railway operator in Romania, registered a turnover of RON692 million in 2020, down 5% on the year, per company data. -
ZF English - 17:05 May 18, 2021
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) registered a net profit of RON6.1 million in the first quarter of 2021, compared with a loss of RON11.4 million in the same period in 2020. -
ZF English - 16:46 May 18, 2021
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, said it would invest RON612 million (EUR126 million) in 2021, in modernizing and extending the natural gas and electricity distribution networks. -
ZF English - 16:30 May 18, 2021
Canned foods manufacturer Prefera Foods, held by entrepreneur Raul Ciurtin, plans to trade trade bonds on the Bucharest Stock Exchange, according to Zoarul Financiar. -
ZF English - 13:49 May 18, 2021
Software solutions provider Life is Hard (LIH.RO), which is listed on the AeRo market of the Bucharest Stock Exchange, has signed a contract to acquire 100% of the shares of Innobyte Solutions – one of the leading players on the Romanian ecommerce market.