ZF English
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http://www.zfenglish.com
Found 19782 news
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ZF English - 20:09 Jan 08, 2025
Agri-food group Agricultorul-Panimon based in Bacau and held by entrepreneur Ilie Mihai, ended 2024 with a preliminary aggregate revenue of over RON800 million and an EBITDA of more than RON90 million. Ambitions for 2025 are even higher: double-digit growth in both volume and value, which could propel the group to the one billion lei revenue mark. -
ZF English - 19:40 Jan 08, 2025
Private ophthalmology hospital Infosan is opening a new ophthalmology clinic in Iancului area in Bucharest in the first part of this year, following a EUR2 million investment. -
ZF English - 17:49 Jan 08, 2025
The export of a quantity of natural gas from the Neptun Deep perimeter is part of the business plan of the Neptun Deep project and reflects Romania’s commitment to contributing to European energy security, representatives of Romania's energy ministry said on Wednesday (Jan 8, 2025). -
ZF English - 15:44 Jan 08, 2025
Romania managers expect relative stability of the activity of retail trade and services, moderate decrease in the number of employees in manufacturing and construction and price growth across all the areas of economic activity, in line with a survey conducted by the country’s statistics board INS. -
ZF English - 13:51 Jan 08, 2025
The housing market is starting the year with significantly higher prices than 12 months ago, after a 2024 above expectations, with Cluj hitting new highs and Craiova and Brasov marking an annual advance of around 20%, in line with Imobiliare.ro index. -
ZF English - 13:28 Jan 08, 2025
The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could significantly impact the country’s economic stability and investor confidence. -
ZF English - 12:08 Jan 08, 2025
Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP) dropped by 14.7 percentage points to 7.1 percent, according to a recent World Bank report. -
ZF English - 12:01 Jan 08, 2025
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point than 5.4% recorded in October 2024, data from the country’s statistics institute INS show on Wednesday (January 8, 2025). -
ZF English - 08:39 Jan 08, 2025
Premier Energy, one of the largest natural gas suppliers in Romania has successfully finalized the development and construction of a 10 MW photovoltaic power plan close to Cismichioi locality of the Republic of Moldova, at a total cost of around EUR380,000 per MW of capacity. -
ZF English - 20:23 Jan 03, 2025
Dutch-Belgian Ahold Delhaize Group, the owner of retailer Mega Image, has finalized the acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa for a price of around EUR1.3 billion. -
ZF English - 20:03 Jan 03, 2025
Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023, Romania’s central bank announced on Friday (January 3, 2024). -
ZF English - 18:24 Jan 03, 2025
Art auction house A10 by Artmark held 47 auctions last year, slightly down from 2023, when it held 50 such events, but sales were up 24% to EUR11.3 million. -
ZF English - 12:54 Jan 03, 2025
The number of new cars registered in Romania increased by 2.4% to 148,105 units in 2024, 58,470 of which were hybrid vehicles (35% more) and 9.765 were full electric (32% fewer), the association of carmakers in Romania ACAROM data show. -
ZF English - 12:01 Jan 03, 2025
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies RON denominated loans, has opened 2025 at 5.92%, unchanged from 2024’s last day, in line with central bank data. -
ZF English - 08:28 Jan 03, 2025
AROBS Transilvania Software, the biggest tech company listed at the Bucharest Stock Exchange, has signed two Market Maker services contracts with Raiffeisen Bank International and InterCapital Securities, in a bid to enhance its visibility among global institutional investors. -
ZF English - 08:03 Jan 02, 2025
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. Finance Ministry data show. -
ZF English - 15:05 Dec 31, 2024
Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that the delisting of the global depositary receipts (GDR) from the main market of the London Stock Exchange had become effective. -
ZF English - 14:56 Dec 31, 2024
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, was set at 5.92% on December 31, 2024, the same as in the previous day and was 4.66% lower than at the beginning of the year, central bank data showed on Tuesday (December 31). -
ZF English - 14:44 Dec 31, 2024
Store chain Annabella, one of the most powerful grocery retail businesses in Romania, opened ten stores in 2024 and invested in its second retail park. The park is located in Ramnicu Valcea and takes up 7,000 square meters. -
ZF English - 08:31 Dec 31, 2024
Furniture maker Taparo, which filed for insolvency in November, has sent the Maramures County Employment Agency (AJOFM Maramures) a notification about plans to fire 379 people or more than 40% of its total number of employees recorded in 2023, according to its reports to the Finance Ministry.
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