Romania Feed
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ZF English - 11:44 May 18, 2021
BestJobs Recrutare SA, the company that manages job recruitment platform BestJobs, has raised EUR3.4 million from stock market investors following a private placement of bonds closed early at the beginning of the week by brokerage firm Tradeville. -
ZF English - 11:28 May 18, 2021
Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), on Tuesday reported a net profit of RON453,000 for the first quarter of 2021, from a loss of RON2.4 million in the same period last year. -
ZF English - 10:56 May 18, 2021
The Foreign Investors Council (FIC), an organization that brings together over 120 multinational companies, said Romania’s economic growth in 2021 would exceed the European average, which will also translate in the coming period in enhanced investment opportunities. -
ZF English - 10:55 May 18, 2021
First-quarter investments on the Romanian property market declined 42% in annual terms, to EUR85 million euro in Romania, with office assets accounting for around half the transacted volumes, real estate consultancy company said in a report Tuesday. -
ZF English - 10:08 May 18, 2021
Romania's former social-democrat prime minister has been appointed advisor to central bank governor Mugur Isarescu, the central bank confirmed Tuesday. -
ZF English - 09:16 May 18, 2021
Telecom operator Vodafone Romania on Tuesday reported total services revenue of EUR801 million for the fiscal year 2020/2021 ended March 31, 1.5% lower compared with the previous fiscal year. -
ZF English - 08:36 May 18, 2021
Developer Vox Property Group has contracted a loan of EUR19.5 million from CEC Bank to consolidate previous debt and fund projects under development. -
ZF English - 08:26 May 18, 2021
The first stage of a EUR25 million renovation of the Athenee Palace Hilton hotel in Bucharest will be completed by the end of May, owner ANA Hotels said Tuesday. -
ZF English - 08:18 May 18, 2021
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Tuesday revised its forecast for Romania's economic growth to 6.7% for 2021 from a previous estimate of 4.2%, on positive first-quarter data. -
ZF English - 07:32 May 18, 2021
Parcel delivery company DPD Romania, one of the largest on the local market, posted more than RON257 million revenue last year, an increase of almost 40% on the RON184 million of 2019. -
ZF English - 07:16 May 18, 2021
Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data showed the country's first-quarter GDP grew 2.8% on a quarterly basis. -
ZF English - 07:14 May 18, 2021
Services center operator CGS Romania ended 2020 with almost RON314.5 million revenue, an increase of more than 12% on 2019, Finance Ministry and company-supplied data show. -
ZF English - 06:17 May 18, 2021
Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, a flash estimate from the country’s statistics board showed Tuesday. -
ZF English - 06:16 May 18, 2021
Austrian-held builder PORR Construct almost doubled its revenue in Romania year-on-year in 2020. It posted RON845.5 million revenue, as well as 40% higher profit to RON23.5 million, while the average number of employees double, too, to 886. -
ZF English - 17:59 May 17, 2021
Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, on Monday reported a turnover of RON2.53 billion (EUR525.7 million) for 2020, down nearly 9% on the year, per calculations by Ziarul Financiar based on finance ministry data. -
ZF English - 17:41 May 17, 2021
Rompetrol Rafinare (RRC.RO), the company which manages the Petromidia Navodari and Vega Ploiesti refineries, reported a turnover of USD1 billion for the first quarter of 2021, up 8% on the year, and its loss shrank to USD14.7 million in January-March 2021, from USD88 million in the same period in 2020. -
ZF English - 17:02 May 17, 2021
Romanian brick maker Cemacon Cluj (CEON.RO) on Monday said it registered a net profit of RON7.2 million in the first quarter of 2021, down 32% from RON10.6 million in the year-earlier period, and a net turnover of RON36 million, up 21% from the first quarter of 2020, per data from the company’s financial report. -
ZF English - 12:49 May 17, 2021
Carmaker Automobile Dacia on Monday said its turnover dropped 27% on the year to EUR3.783 billion in 2020, per the company’s financial data. -
ZF English - 12:20 May 17, 2021
Coherent Solutions Opens R&D Center In Romania; Seeks To Hire Over 150 Programmers In Next Two Years
U.S. company Coherent Solutions, specialized in developing software products and consulting services, with a turnover of over $76 million, is entering the Romanian market and opening its first office in capital Bucharest, seeking to hire over 30 IT experts in 2021. -
ZF English - 11:51 May 17, 2021
Corteva (CTVA), leader on the seeds and agricultural plants protection market, which operates in Romania, has signed a pre-lease contract for an area of 23,000 square meters of industrial space in a built-to-suit warehouse located in northeast Bucharest and developed by Lazar Real Estate, part of International Lazar Company group.