ZF English
Source:
http://www.zfenglish.com
Found 18995 news
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ZF English - 08:09 Jul 08, 2024
The net assets of the 248 open-end and closed-end mutual funds, both local and foreign, available in Romania, increased by 3.3% to RON44.6 billion in May and by 12.2% since the beginning of the year. -
ZF English - 07:02 Jul 08, 2024
Maspex Romania, a producer of beverages, snacks and foods, part of Poland’s Maspex, has budgeted 7% growth in revenue this year, after having posted 12% growth to RON1.153 billion in 2023. -
ZF English - 18:19 Jul 05, 2024
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, on Friday notified the Bucharest Stock Exchange that its main shareholders, Login Gabriel and Niculae Dan, sold 27.9% to Czech company Partners Financial Services. -
ZF English - 17:47 Jul 05, 2024
Mokka, a provider of Buy Now, Pay Later services, has concluded a partnership with local e-commerce platform Seliton in order to provide clients and retailers with a flexible payment solution. -
ZF English - 15:33 Jul 05, 2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8% in unadjusted data and by 6.4% when adjusted for seasonality and number of working days, in January-May 2024 compared to the same period of 2023, data from the country’s statistics institute INS showed on Friday (July 5). -
ZF English - 13:35 Jul 05, 2024
Romania's central bank has decided at its Board meeting on Friday (July 5) to lower its benchmark interest rate to 6.75% a year from 7% a year, starting July 8. -
ZF English - 12:40 Jul 05, 2024
tbi bank, active in Bulgaria, Romania, Greece, Germany and Lithuania, has decided to reinvest its entire net consolidated profit of 2023, worth RON42.5 million. -
ZF English - 12:29 Jul 05, 2024
RCI Holding, a major player in the engineering, financial solutions, technology, energy markets and management Consulting, held by businessman Dan Stratan, has promoted Frank Hajdinjak to the position of Chief Strategy Officer. -
ZF English - 11:35 Jul 05, 2024
Real estate developer One United Properties (stock symbol: ONE) has announced in a stock market report on July 5 that its daughter company, ONE Gallery Floreasca, signed a lease contract with Tomcat Comserv SRL, the operator of the brands Treevi, Elephante, Sagakura, BaoHouse and others. -
ZF English - 11:02 Jul 05, 2024
Romania's Competition Council approved the transaction through which France's Ardian France S.A.S. intends to acquire Alstef Group S.A.S. and its subsidiaries, including Alstef Roumanie S.R.L. -
ZF English - 09:31 Jul 05, 2024
The Romanian M&A market registered 124 deals in the first half of 2024, with a total estimated value of $2.3 billion, marking a 6% decline by volume, from the 132 deals ($3.7 billion) posted in the same period of 2023, reveals an EY survey. -
ZF English - 07:40 Jul 05, 2024
IT company Cognizant Romania is recruiting over 100 IT experts, beside the more than 100 persons hired since the start of the year. -
ZF English - 06:44 Jul 05, 2024
Hungary’s startup Munch, which entered Romania this March with its app that aims to aid curb food waste, has reached 128 partners and 194 locations locally, with its mobile app having more than 10,000 downloads so far. -
ZF English - 06:35 Jul 05, 2024
Local startup Flip.ro, part of eMAG group, registered EUR56 million sales during fiscal year 2023, 46% higher than in 2022. -
ZF English - 06:26 Jul 05, 2024
Trend Furniture has started a EUR3 million investment in the building of a 4,000-sqm space in Gilau, Cluj county, where it will in 2025 move production, warehousing, offices and the showroom, explained Vlad Florea, the company’s CEO. -
ZF English - 04:00 Jul 05, 2024
Germany’s BMW Group expects its new IT and software it opened in Cluj-Napoca together with Japan’s NTT Data Group to reach 1,000 employees in a few years from the current 120 at the moment, as a result of the high demand for digitalization solutions, the representatives of the two partners said a press conference. -
ZF English - 04:00 Jul 05, 2024
Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry data show. -
ZF English - 21:27 Jul 04, 2024
The most important investment project for pharmaceutical group Zentiva Romania in 2024 is to manufacture at its two plants in Bucharest medical drugs included in the parent company's portfolio. -
ZF English - 20:33 Jul 04, 2024
Aripi, BCR Pensii, BRD Pensii and Metropolitan Life Pensii Private are the Pillar II private pension funds that sold about 3.4 million Banca Transilvania (TLV.RO) shares in May, as their investment in this issuer was close or above the 5% of the net asset value cap. -
ZF English - 20:31 Jul 04, 2024
Aramis Invest, the largest local furniture producer, held by local entrepreneurs Vladimir Iacob and Marius Selescu, reported a net profit of RON74.6 million (EUR15 million) for 2023, up nearly 73% from a net gain of RON43.1 million (EUR8.7 million), according to calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
18995 items