ZF English
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http://www.zfenglish.com
Found 20563 news
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ZF English - 08:22 Jun 03, 2024
Logistics and semiiindustrial space supplier VGP, is expanding Timisoara logistic park with a new building with a leasable area of 32,768 square meters, thus reaching eight warehouses in the project. -
ZF English - 08:14 Jun 03, 2024
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has assisted J.C. Flowers & Co. in finalizing the sale of First Bank to Italian group Intesa, thus marking the exit of the US private equity fund from Romania. -
ZF English - 07:28 Jun 03, 2024
Romanian executive Adrian Ariciu, who has run from the CEO position the local operations of German group Metro, active in cash&carry food retail, will take over a regional position. He will be executive vice president (EVP) for Eastern Europe. -
ZF English - 07:15 Jun 03, 2024
One of the oldest companies present on Romania’s IT market, Apcom IT Distribution, previously operating under the name of IRIS, which stands out on the market by being the sole authorized distributor of Apple gadgets in Romania, in 2023 posted RON2.465 billion turnover, up 12.9% from 2022. -
ZF English - 07:09 Jun 03, 2024
Porcelain products maker Apulum Alba Iulia, one of IKEA’s suppliers, for 2023 reported turnover worth RON188.4 million (EUR38.1 million), slightly up, by around 1% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 22:44 May 31, 2024
Romania’s state-run natural gas transmission company (TGN.RO) has announced in a stock market report on May 31 that energy minister, Sebastian Burduja, and Ion Sterian, Director-General of Transgaz, signed a financing contract for the construction of a gas transmission pipeline to supply the Mintia Power Plant situated in Hunedoara county. -
ZF English - 22:30 May 31, 2024
Vodafone Romania, one of the largest players on the local communications market and part of British telecom group of the same name, saw a turnover growth rate of over 10%, but it also recorded higher loss, as per data from the company's balance sheet available on the finance ministry website. -
ZF English - 22:11 May 31, 2024
Agroland Business System (BVB: AG), a Romanian retail, farming and food entrepreneurial group, which owns the largest network of farm supply stores in Romania, reported, at consolidated level, operating revenue of RON74.5 million in the first quarter of 2024, up 7% from the same period of 2023. -
ZF English - 22:11 May 31, 2024
Microsoft Romania, the local subsidiary of US giant Microsoft, reported net loss for the first time since 2000, as per the company's balance sheet submitted to the Finance Ministry. -
ZF English - 20:12 May 31, 2024
Natural gas producer and supplier Romgaz (SNG.RO) has announced in a stock market report on Friday (May 31) that the general meeting of shareholders rectified the company's budget of revenue and expenditure for 2024. -
ZF English - 19:49 May 31, 2024
Romania's Aerostar Bacau, a company that repairs and retools military aircraft, and US Lockheed Martin partnered up and inaugurated Europe’s first certified HIMARS Sustainment Center, in Bacau (eastern Romania). -
ZF English - 19:31 May 31, 2024
Danube freight carrier Transport Trade Services (TTS.RO) has announced in a stock market report on May 31 the intention of the Board of Directors to convene the extraordinary general meeting of shareholders on July 1, when they are expected to vote on a share capital increase in the amount of RON120 million. -
ZF English - 19:04 May 31, 2024
Mamaia seaside resort will host the first Radisson Blu Hotel, a project to be developed by Monarc Properties, a real estate developer specialized in developing luxury hotel and residential projects. -
ZF English - 18:15 May 31, 2024
Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, ended the first quarter of 2024 with net profit of RON7.3 million, fivefold higher (+410%) than the level reported in the same period of 2023, as per the company's data from its quarterly financial report. -
ZF English - 14:45 May 31, 2024
Italy's Intesa Sanpaolo Group has officially completed the acquisition of First Bank Romania from US private investment firm J.C. Flowers, and thus climbs in the ranking of ten largest banks in Romania. -
ZF English - 14:23 May 31, 2024
In 2023, the actual weekly working hours for people aged 20-64 in their main job, across the European Union, averaged 36.1 hours, according to the latest survey by Eurostat, the European Statistics Office. -
ZF English - 14:16 May 31, 2024
Cris-Tim, a cold cuts and dairy producer held by the Timis family, plans to invest over EUR75 million in the coming period in order to develop the company. -
ZF English - 12:36 May 31, 2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on May 30 that it closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania, with over 400 charging points and growth prospects to approximately 650 by 2026. -
ZF English - 11:56 May 31, 2024
PC Garage, the company managing one of the largest online computer and electronics stores in Romania, part of eMAG group, reported net profit of over RON7 million (EUR1.4 million) for 2023, up nearly 68% from RON4.2 million (over EUR844,700) reported in 2022. -
ZF English - 09:55 May 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, has continued to stagnate over the course of May, staying at 6.04%-6.05% a year, staying put at 6.04% on May 31 too.
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