ZF English
Source:
http://www.zfenglish.com
Found 19007 news
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ZF English - 13:25 Jul 02, 2024
Romanians spent EUR36 billion in large retail chains, up 11% compared with 2022, out of which the FMCG spending accounted for EUR22.5 billion (more than 60% share), according to the Romania Retail Snapshot 2024 performed by real estate consultancy company Cushman & Wakefield Echinox, based on the financial results of 116 companies across 12 different retail segments. -
ZF English - 12:55 Jul 02, 2024
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 1% in May 2024 compared to May 2023, following a 2.2% decrease on the domestic market and a 2% increase on the non-domestic market, respectively, data from Romania’s National Statistics Institute INS showed on Tuesday (July 2, 2024). -
ZF English - 11:35 Jul 02, 2024
Romania’s unemployment rate stood at 5.4% in May 2024, higher by 0.1 percentage point compared to April 2024, data from the country’s statistics institute INS show on Tuesday (July 2, 2024). -
ZF English - 11:26 Jul 02, 2024
The overall investment climate in Romania is rated positive by 46% of respondents and companies' plans to expand operations and investment in 2024 reflect confidence in Romania's potential, as per a survey conducted by the American Chamber of Commerce in Romania (AmCham Romania). -
ZF English - 08:37 Jul 02, 2024
Ameropa Group, a Swiss-held group, has acquired via Promat Comimpex company, included in its Romania portfolio, the majority stake in Agrotex, a farming input and grain trader of Satu Mare. -
ZF English - 07:16 Jul 02, 2024
Global fintech Revolut saw its retail client base go up by 13% in the first six months of 2024 and will shortly reach the 4 million client threshold. -
ZF English - 07:01 Jul 02, 2024
Stefanini Romania, the local subsidiary of Brazilian supplier of IT solutions and services, in 2023 saw its net profit rise by 67%, to RON13.5 million (EUR2.7 million). -
ZF English - 06:52 Jul 02, 2024
Diana group of Ramnicu Valcea, owned by Craciunescu family, active on the meat and fish market, but also in retail, wants to expand from regional level, in Oltenia, nationwide. -
ZF English - 06:44 Jul 02, 2024
Florin Lazarescu, founder of Trident stomatology clinics, with three units in Bucharest, wants to open the first clinic outside the capital city, in Timisoara. -
ZF English - 06:31 Jul 02, 2024
Iasi-based cleaning goods producer Misavan, controlled by entrepreneur Ciprian Otea, has completed works for a new plant, an over EUR10 million investment. -
ZF English - 20:53 Jul 01, 2024
Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last year, data supplied by the company for ZF’s 2024 edition of the “Cei mai mari jucatori din economie” (Key Players in the Economy) yearbook show. -
ZF English - 20:38 Jul 01, 2024
Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show. -
ZF English - 20:33 Jul 01, 2024
Airbag manufacturer GST Safety Textiles Ro, the local subsidiary of Germany concern Global Safety Textiles, acquired in 20211 by South Korea’s Hyosung group, for 2023 reported a turnover of RON504.2 million (EUR101.9 million), up 2% from nearly RON492.8 million (EUR99.9 million) reported in 2022, according to calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 20:19 Jul 01, 2024
Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the events scheduled in Cluj-Napoca. -
ZF English - 19:52 Jul 01, 2024
Raiffeisen Asset Management (RAM), which manages 13 investment funds and the Raiffeisen Acumulare voluntary pension fund, has reached EUR1.05 billion in total assets under management, higher by EUR180 million since the beginning of 2024. -
ZF English - 19:38 Jul 01, 2024
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it signed a contract for refurbishment works at AHE Vidraru, as Beneficiary. -
ZF English - 19:20 Jul 01, 2024
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it made RON1.1 billion worth of deposits with state-run lender Exim Banca Romaneasca. -
ZF English - 18:16 Jul 01, 2024
The manufacturing production level declined in June 2024 for the first time in the last three months, just like the employment level, and cost pressure has increased, according to a report regarding the BCR PMI® index for the manufacturing industry. -
ZF English - 17:18 Jul 01, 2024
The shareholders of natural gas producer and supplier Romgaz (SNG.RO) on Monday approved among other things a EUR1.5 billion note issuance program, of which EUR500 million an inaugural issue prepared for July 2024, the company said in a report to the Bucharest Stock Exchange. -
ZF English - 15:04 Jul 01, 2024
Romania's Finance Ministry raised RON2.2 billion from banks on Monday (July 1), selling government paper in two auctions, at annual average yields of 6.01% and 6.87%, respectively.
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