ZF English
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http://www.zfenglish.com
Found 19080 news
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ZF English - 14:07 Aug 12, 2022
Romania's current account balance posted a deficit of EUR12.2 in January-June 2022, higher by almost 71% on the EUR7.2 billion in the year-ago period, central bank data published on Friday (August 12) show. -
ZF English - 13:34 Aug 12, 2022
Transelectrica (TEL.RO), the operator of the national energy transmission system, ended the first half of the year with a net profit of RON28 million, down 73% compared with the RON104 million of the year-ago period, the financial report published on the Bucharest Stock Exchange on Friday shows. -
ZF English - 13:15 Aug 12, 2022
Telecom operator Digi Communications (DIGI.RO) recorded total revenue of EUR731.1 million in the first half of 2022, up 20% compared with the EUR608.8 million in the year-ago period, according to calculations made by ZF based on Bucharest Stock Exchange data. -
ZF English - 12:52 Aug 12, 2022
Bico Industries, a subsidiary of ROCA Industry, a holding company established by ROCA Investments under the name of Holdingrock1 at the Trade Register, is in advanced negotiations with SmartTech, a company incorporated and organized under the laws of Switzerland, for the acquisition of 77.5% in Iranga Technologijos in Lithuania for EUR4 million, ROCA Industry announced. -
ZF English - 11:39 Aug 12, 2022
Romgaz (SNG.RO), a state-owned natural gas producer and supplier, posted RON1.7 billion net profit in the first half of 2022, an increase of 127% on the year-ago period. Revenue, on the other hand, tripled to RON7.5 billion, the company’s financial report to the Bucharest Stock Exchange shows. -
ZF English - 10:33 Aug 12, 2022
Nuclearelectrica (SNN.RO), Romania's only nuclear power producer, ended the first half of 2021 with a net profit of RON1.2 billion, up 216% year-on-year, while revenue increased 127% to RON3.1 billion, of which revenue from electricity sales accounted for RON3 billion, up 130% year-on-year. -
ZF English - 10:19 Aug 12, 2022
Canadian coffee shop chain Tim Hortons has posted its first job ads for Romania, a move that could indicate the group is preparing to arrive in the country. -
ZF English - 09:57 Aug 12, 2022
Gral Medical, the sixth largest player in the private medical services market by revenue, has two sites in Craiova and Ploiesti ready for two oncology hospitals, an investment estimated at RON24 million for which the company's owner, Robert Serban, has also looked at state aid. -
ZF English - 09:08 Aug 12, 2022
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 dropped further 7.98% on Friday (August 12) from 8.02% a year on Thursday (August 11), central bank data show. -
ZF English - 08:01 Aug 12, 2022
Solder paste and adhesive materials manufacturer Heraeus Romania, the local subsidiary of Germany’s Heraeus, posted revenue of RON291.1 million (EUR59.2 million) in 2021, up about 28% from the previous year, according to ZF calculations based on data from the Finance Ministry. -
ZF English - 07:40 Aug 12, 2022
Insulation materials manufacturer Knauf Insulation, part of Germany’s Knauf Group, has applied for RON90 million state aid, which would be part of a RON648 million investment, the results of the selection process of state aid applications Finance Ministry published on Tuesday show. -
ZF English - 07:16 Aug 12, 2022
The five best-selling bottled mineral water brands in Romania had a combined market share of 78.7% by value last year, data from market research company Market Vektor show. -
ZF English - 18:06 Aug 11, 2022
Star Assembly, Pirelli Tyers Romania, Continental Automotive Systems and Dacia Automobile, four of the ten largest players in the automotive sector in the country, are planning investments of more than RON1.7 billion, for which they applied for state aid of RON82 milion to RON185 million. -
ZF English - 17:34 Aug 11, 2022
Romania's Finance Ministry on Thursday reopened a bond issue due in February 2029 and borrowed RON938.5 million from banks, three times more than the scheduled RON300 million, at an average yield of 7.81% a year. -
ZF English - 16:29 Aug 11, 2022
Raiffeisen Bank has placed a new corporate bond issue in lei, the bank's fourth eligible bond issue (MREL) and the first sustainable bond series, raising RON500.85 million from institutional investors for a five-year maturity, the bank said. -
ZF English - 15:45 Aug 11, 2022
Romanian company THR Marea Neagra (EFO.RO), which manages 11 hotels and restaurants in seaside resorts, reported a net loss of RON15.2 million for the first half of 2022 versus a loss of RON11 million in the year-earlier period, as per its half-year report sent to the Bucharest Stock Exchange on Thursday (Aug 11). -
ZF English - 15:20 Aug 11, 2022
Romanian startup Parol, which is developing an end-to-end technology that helps doctors and medical clinics provide better care to patients, saving time by taking over some of the administrative tasks, has raised EUR450,000 in a pre-seed funding round, company representatives said in a statement. -
ZF English - 14:27 Aug 11, 2022
Transport and System Operators (OTS) Transelectrica and Moldelectrica on Thursday (August 11) signed a contract that will allow the allocation of capacity for commercial exchanges of electricity on the interconnection between Romania and the Republic of Moldova. -
ZF English - 14:05 Aug 11, 2022
Low-cost carrier Wizz Air said it would operate a new route from Romania to Cardiff (Great Britain), starting October 30, 2022. -
ZF English - 13:48 Aug 11, 2022
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 dropped further to 8.02% a year on Thursday (August 11) from 8.06% a year on Wednesday (Aug 10) after central bank governor Mugur Isarescu accused local banks of artificially increasing the rate.
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