ZF English
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http://www.zfenglish.com
Found 18981 news
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ZF English - 16:47 Jul 15, 2024
Romania's current account deficit stood at EUR9.17 billion in January-May 2024, higher by 34% than the EUR6.8 billion level recorded in the same period of 2023, central bank data showed on Monday (July 15, 2024). -
ZF English - 16:03 Jul 15, 2024
Administrative and compliance service provider TMF Group has signed a lease for 1,700 square meters of office space in America House, the office building whose owners include Morgan Stanley, along with David Hay, in Bucharest’s Central Business District (CBD). -
ZF English - 14:31 Jul 15, 2024
Electrica (EL.RO), a company in which the Romanian government is the largest shareholder with 48.8%, on Monday notified the Bucharest Stock Exchange of having completed the acquisition of New Trend Energy SRL from Emanuel Muntmark and Catalin Mreieru. Electrica did not say how much the deal was worth. -
ZF English - 13:30 Jul 15, 2024
Romania's Finance Ministry has raised RON855 million from banks on Monday (July 15), selling government paper at an annual average yield of 6.40%. -
ZF English - 13:05 Jul 15, 2024
The Competition Council has approved the transaction whereby Banca Transilvania S.A. intends to acquire OTP Bank Romania S.A., OTP Leasing Romania IFN S.A., OTP Asset Management Romania S.A.I. S.A., OTP Factoring S.R.L. and its subsidiaries, OTP Consulting Romania S.R.L., OTP Advisors S.R.L. and OTP Bank Romania Foundation. -
ZF English - 12:35 Jul 15, 2024
Stay Fit Gym, Romania’s second largest fitness center chain, plans to expand its network to 50 centers until the end of 2024 and to reach 50,000 subscribers. -
ZF English - 11:34 Jul 15, 2024
Real estate developer STC Partners is expanding its team, with the positions of Sales Manager and Technical Director being taken over by Elena Palade and Bogdan Bazarea, respectively. -
ZF English - 10:58 Jul 15, 2024
Cartofisserie, a Romanian-held fast-food restaurant chain established by the founders of the Delaco dairy brand, ended 2023 with RON100 million sales, an increase of 50% on the previous year, Finance Ministry data show. -
ZF English - 10:40 Jul 15, 2024
Austrian transport and logistics company Gebrüder Weiss has invested nearly EUR90 million in the last 30 years to expand its infrastructure in Romania, inflation adjusted value, reaching nine large logistics centers in the cities of Bucharest, Arad, Sibiu, Cluj, Bacau, Brasov, Constanta and Craiova, and some 700 employees. -
ZF English - 09:35 Jul 15, 2024
The Competition Council approved the transaction through which Clayton, Dubilier & Rice, LLC intends to take over Presidio, Inc., through CD&R Fund XII. -
ZF English - 09:34 Jul 15, 2024
Traian Baicu was nominated for the position of chief executive officer of Credex Bank, formerly Porsche Bank, which businessman Dan Ostahie bought, while Misu Negritoiu should serve as the chairman of the board, financial market sources say. -
ZF English - 08:40 Jul 15, 2024
Businessman Nicolae Bucovala, who owns Steaua de Mare hotel complex in Eforie Nord, Tomis Hotel in Mamaia and Oltenia Hotel in Olimp, says the investments made in refurbishment and services attract tourists to his hotels on the Romanian seaside. -
ZF English - 07:55 Jul 15, 2024
Digital Keez SRL, the accounting tech startup held by Norway’s Visma, posted significant increase in revenue, by 62% to RON13.2 milion (EUR2.6 million), in 2023 compared with 2022., Finance Ministry data show. -
ZF English - 07:24 Jul 15, 2024
Romania’s public debt, in both lei and foreign currency, increased by RON69.3 billion to RON852.8 billion in April 2024 and to 52.1% of the GDP from 48.8% of the GDP at the end of 2023, above the maximum admitted limit, Finance Ministry data show. -
ZF English - 18:44 Jul 12, 2024
Sphera Franchise Group (SFG.RO), the operator of franchised KFC, Pizza Hut and Taco Bell restaurant chains in Romania and of the KFC restaurants in Chisinau, Republic of Moldova and Italy, on Friday notified the Bucharest Stock Exchange that Razvan Lefter, board member, and Valentin Budes, chief financial officer, sold RON3.2 million worth of shares together. -
ZF English - 18:02 Jul 12, 2024
Romania’s exports could overshoot the EUR100 billion mark this year, with Germany, Italy, Poland, Slovakia, Czech Republic and Hungary being the main destinations for Romanian products, shows an analysis by Moneycorp Romania. -
ZF English - 13:39 Jul 12, 2024
Law firm Filip & Company advised AROBS Transilvania Software, the largest technology company listed on the Bucharest Stock Exchange, in the share capital increase operation in which it raised EUR28.7 million. -
ZF English - 08:58 Jul 12, 2024
A year after the biggest listing in the history of the Bucharest Stock Exchange, the EUR2 billion one of Hidroelectrica (H2O), Bogdan Badea, chief investment officer at the green energy producer, says the company will announce new investment projects in the coming period. -
ZF English - 08:21 Jul 12, 2024
Monsson, the main green energy developer in Romania, controlled by businessman Emanuel Muntmark, has sealed an agreement with Nala Renewables, a joint venture between Trafigura Group, a major independent commodity trader globally, and investment fund IFM Net Zero Infrastructure Fund, for the sale of a 61 MW photovoltaic park in Caras-Severin county. -
ZF English - 07:44 Jul 12, 2024
Romania’s industrial production shrank by 11.1% in May 2024 against the same month of 2023, in unadjusted data, amid declines registered by production and supply of electricity, steam, gas and air conditioning (-12.1%), processing industry (-11.5%) and mining industry (-1.8%), data from the country’s statistics board INS showed on Friday, July 12, 2024.
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