ZF English
Source:
http://www.zfenglish.com
Found 18957 news
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ZF English - 21:29 Oct 23, 2024
Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi (with an ownership stake of 92.3%) and Resita mayor, Ioan Popa (7.5%), saw its profit doubling to RON1.7 million (EUR351,000) in 2023, compared with a net gain of over RON870,000 (EUR176,500) reported in 2022, as per publicly available data. -
ZF English - 21:15 Oct 23, 2024
Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from RON176.2 million (EUR35.7 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from data on finance ministry website. -
ZF English - 21:03 Oct 23, 2024
Comcris Energy, the Romanian subsidiary of Vienna-based renewable energy generation company Energy, has finalized an investment of RON216.2 million (EUR52.4 million), of which RON68.1 million (EUR13.6 million) represented non-reimbursable contribution granted by the Energy Ministry through the National Recovery and Resilience Plan (PNRR) and EUR39.3 million represented financing granted by UniCredit Bank Romania. -
ZF English - 20:38 Oct 23, 2024
Longshield Investment Group (stock symbol: LONG), a company listed at the Bucharest Stock Exchange for 25 years, has been trading its shares under the new stock symbol LONG since Oct 21, 2024, following the process of implementing a new brand identity achieved by the company at the end of March 2024. -
ZF English - 19:57 Oct 23, 2024
TOKEN Payment Services (TOKEN), the fintech company that was recently authorized by Romania's national bank to accept online payment operations and transactions at physical POS (point of sale) terminals, announces the conclusion of a strategic partnership with Zeus Service, the second-largest importer and distributor of cash registers in Romania. -
ZF English - 19:26 Oct 23, 2024
Craiova-based agricultural equipment manufacturer RURIS, led by entrepreneur Catalin Stroe, announces the start of an investment worth over EUR10 million in a new factory of tractors and agricultural trailers "Made in Ro”. -
ZF English - 18:07 Oct 23, 2024
Romania's Ministry of Finance has announced that Finland's Nokian Tyres Group is going to receive state aid in the amount of RON495.2 million (EUR100 million). -
ZF English - 17:45 Oct 23, 2024
Downward revisions of economic growth clearly indicate that some sectors, such as agriculture and construction, are facing difficulties and we are starting to see budget reductions in the services sector, said Andrei Cionca, Co-founder of ROCA Investments, on the occasion of preparing the 11th edition of the Confidex study. -
ZF English - 17:35 Oct 23, 2024
Companies in the European Union weathered relatively well the health, price and trade shocks of the last four years and have increased their ambitions for green and digital transformation, according to a 2024 survey by the European Investment Bank (EIB). -
ZF English - 17:30 Oct 23, 2024
Ebury, a global fintech that empowers businesses to trade and grow internationally, has appointed Mihai Lazar to the position of Country Manager for Romania. -
ZF English - 17:20 Oct 23, 2024
The three Retele Electrice companies, part of the PPC Group in Romania, have initiated a public tender on the SEAP platform, with a maximum combined value of nearly RON55 million (excluding VAT), for the purchase of transformers from medium voltage to low voltage, which are necessary in modernization projects aimed at increasing the resilience and reliability of their distribution networks. -
ZF English - 13:24 Oct 23, 2024
Ioana Moldovan, former Corporate Sales Manager at Medlife Romania, took over as General Manager of SanoPass, a digital platform that unifies and facilitates access to health, fitness and nutrition, starting October 2024. -
ZF English - 12:48 Oct 23, 2024
The ranking of the 20 commercial brands, which were declared eligible for the Superbrand status in the 2024 edition of the Superbrands Romania Program conducted by BDR Associates agency, confirms the trend of diversifying consumer choices, with 51% of the brands validated as eligible coming from industries such as Retail, Services, Construction, Furniture, Technology, Automotive, Media, Healthcare, HoReCa, while 49% are active in the FMCG sector. -
ZF English - 12:15 Oct 23, 2024
Romania’s construction sector reached record highs in 2023 and 2024, backed by strong private demand for certain property segments and a significant increase in public investments, but 2025 is expected to be challenging, as per an analysis of real estate consulting firm Colliers regarding the evolution of the real estate market in the first six months of 2024. -
ZF English - 08:37 Oct 23, 2024
Romania private lending went up by 8.4% in September 2024 against September 2023, to a total of RON413.2 billion, central bank data showed on Wednesday, October 23, 2024. -
ZF English - 07:27 Oct 23, 2024
The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA to support local SMEs. -
ZF English - 06:14 Oct 23, 2024
Romania Buy Now Pay Later (BNPL) market is in full swing, supported by fast digitalization and consumers’ changing behavior, said Alexandru Balaci, CEO of Mokka Romania, a provider of BNPL services. -
ZF English - 06:05 Oct 23, 2024
Wiring and automotive applications manufacturer Hirschmann Automotive TM, the local subsidiary of Austria’s Hirschmann Automotive in 2023 registered turnover worth RON849.8 million (EUR171.8 million), up 25.7% from 2022, in line with Finance Ministry data. -
ZF English - 05:57 Oct 23, 2024
Paint manufacturer Sentosa Impex of Salaj county, owned by Boca family, for 2023 reported turnover worth RON75.4 million (EUR15.2 million), slightly down, by around 0.8% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 18:26 Oct 22, 2024
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Oct 22 that it is calling shareholders for a meeting on December 2, 2024 to vote among others on delisting the global depository receipts (GDR) from the London Stock Exchange and approving a program for the repurchase of 320 million shares in 2025.
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