Romania Feed
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ZF English - 08:31 May 13, 2021
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, listed on the AeRO market of the Bucharest Stock Exchange since October 2020, announces total investments of RON62 million in expanding the land area it operates and in upgrading existing farms. -
ZF English - 08:10 May 13, 2021
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended the first quarter of 2021 with a net profit of RON6.3 million, up 57% on the year, and a turnover of RON47.8 million, higher by RON3.1 million than in the same period in 2020, per the company’s financial report. -
ZF English - 08:03 May 13, 2021
MedLife Group (M.RO), the leader of the private medical services market in Romania, ended the first three months of 2021 with a net profit of RON36.1 million, increasing more than fivefold compared with RON6.4 million reported in the year-earlier period, per the company’s financial report. -
ZF English - 07:32 May 13, 2021
The average net salary in Romania grew 5.4% in nominal terms in March 2021 compared with February 2021, to 3,547 lei (around EUR720), data from the country's statistics board showed Thursday. -
ZF English - 07:18 May 13, 2021
Germany’s Kärcher group has a plant in Curtea de Arges and will open a new one in the same city in 2021. The investment in the two plants stands at EUR35 million. -
ZF English - 07:18 May 13, 2021
Romania's annual inflation rate stood at 3.2% in April 2021 compared with April 2020, data from the country's statistics board showed Thursday. -
ZF English - 06:33 May 13, 2021
Czech Republic’ CEZ group got CZK24.6 billion (EUR964 million) from the sale of its operations Romania to Australia’s Macquarie in the largest deal in Romania’s energy sector in the last few years, which also attracted interest from Hidroelectrica and Electrica. -
ZF English - 06:21 May 13, 2021
Romanian-held builder Bog’Art seeks to expand into road construction and to European Union member countries. -
ZF English - 15:45 May 12, 2021
If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be produced four years after that. -
ZF English - 15:03 May 12, 2021
Meat producer Sam Dor Divers, which produces pork and beef carcasses in Arges county, has taken over the former Integra meat processing unit in Chitila, near Bucharest, from Nicbac Prod Bacau, Romania's antitrust body said Wednesday. -
ZF English - 13:16 May 12, 2021
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. -
ZF English - 12:51 May 12, 2021
The air transport industry was directly hit by the pandemic, with the number of flights drastically reduced starting March 2020, and the most recent figures on commercial flights show no clear signs of recovery in April 2021, Eurostat data showed Wednesday. -
ZF English - 11:11 May 12, 2021
Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday. -
ZF English - 10:55 May 12, 2021
Italian private medical services provider Auxologico has entered the Romanian market by acquiring the Cardiorec clinic, a RON6 million business founded 9 years ago in Corbeanca, near Bucharest. -
ZF English - 10:05 May 12, 2021
Lender Libra Internet Bank plans to issue corporate bonds totaling up to EUR40 million, with fixed or variable interest, its shareholders decided in a general meeting on April 16. -
ZF English - 09:56 May 12, 2021
Telekom Romania Group on Wednesday reported an increase of 2% in the adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) after IFRS-16 in the first quarter of 2021, to EUR34.5 million, compared with the same period in 2020. -
ZF English - 09:14 May 12, 2021
American company 3Pillar Global, specialized in providing IT services, wants to employ over 100 experts at its offices in Romania, who will be able to work remotely, full-time, anywhere in the country. -
ZF English - 09:06 May 12, 2021
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) reported a net profit of RON1.1 million for the first quarter of 2021, up 86.4% from the year-earlier period, and a turnover of RON10.3 million, up 65% on the year, per data from the company’s quarterly financial report released Wednesday. -
ZF English - 08:43 May 12, 2021
Belgian-held IT solutions provider Cegeka ended 2020 with a turnover of nearly EUR33.2 million in Romania, 15.6% higher than in 2019, and exceeded the threshold of 600 employees locally. -
ZF English - 08:36 May 12, 2021
International perfumery and cosmetics chain Douglas ended 2020 with RON156.7 million sales in Romania, less than 1.5% lower than in 2019.