ZF English
Source:
http://www.zfenglish.com
Found 19080 news
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ZF English - 16:04 Jul 26, 2022
Regional investment fund SIF Banat-Crisana (SIF1.RO) has increased its stake in Compania Hoteliera Intercontinental Romania, which owns the Grand Hotel Bucharest formerly Intercontinental, from 10.6% to 29.9%, the hotel company notified the Bucharest Stock Exchange on Tuesday. -
ZF English - 14:59 Jul 26, 2022
Industrial and logistics leasing activity increased by 50% in the first half of the year compared with the same period last year and totaled 542,000 square meters, according to data from real estate consultancy Cushman & Wakefield Echinox. -
ZF English - 13:08 Jul 26, 2022
The Lasselsberger Ceramics Romania Group, the manufacturer of Cesarom brand ceramic tiles, formed by the companies Sanex and Lasselsberger, is counting on a 12% increase in business in 2022, after a 4% increase last year. -
ZF English - 12:43 Jul 26, 2022
The number of companies that went insolvent in the first half was almost unchanged compared with the year-ago period, 3,580 compared with 3,033, a report by insolvency specialist CITR shows. -
ZF English - 08:37 Jul 26, 2022
Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, has contracted two credit facilities from CEC Bank, totally worth RON9.5 million via IMM Prod program. -
ZF English - 08:23 Jul 26, 2022
Financial analysts part of CFA Romania association forecast the Romanian leu will decline to an average exchange rate of 5.1121 units/EUR in the next 12 months, while the estimated rate of inflation will reach an average value of 11%, a new all-time high since the launch of the monthly poll CFA has conducted for over ten years. -
ZF English - 08:01 Jul 26, 2022
BlackCab, a provider of alternative transport services in Bucharest, Timisoara, Cluj and Constanta, plans to expand its services to other cities of Romania. -
ZF English - 07:56 Jul 26, 2022
Bacau-based Simba Invest, a major consumer goods distribution in Romania, in 2021 posted turnover of RON574.8 million (EUR116.8 million), around 16% higher than in 2020, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:48 Jul 26, 2022
Alex Bratu, country manager at JYSK Romania and Bulgaria, one of the biggest furniture and home décor retailers locally, says the company plans to open four more stores by yearend beside the 12 already opened since the start of the year. -
ZF English - 07:34 Jul 26, 2022
Restaurant group City Grill has a RON24 million investment budget for 2022, 3-4 times bigger than in 2020 and 2021, marked by the Covid-19 pandemic, which pummeled the hospitality industry. -
ZF English - 07:22 Jul 26, 2022
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italy’s Natuzzi, for 2021 reported turnover of RON296.4 million (EUR60.2 million), 23% higher on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:13 Jul 26, 2022
Mondelez Romania Snacks Production (the former Chipita Romania), the main player on Romania’s croissant market, taken over by US giant Mondelez in an international deal, in 2021 registered turnover worth almost RON566.6 million (over EUR115 million), up 13% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:06 Jul 26, 2022
Elit, one of Romania’s biggest cold cuts producers, for 2021 reported net profit worth almost RON60 million (EUR12.2 million), up 9% on the year. -
ZF English - 06:58 Jul 26, 2022
Bistrita-based car battery maker Rombat, controlled by South Africa’s Metair, for 2021 reported turnover of RON488.6 million (EUR99.3 million), up 23.6% year-on-year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:50 Jul 26, 2022
Doina Cepalis, Te-Rox Prod founder and a board member at Holmbergs, which now owns the Pascani-based company, says local turnover will range between 10% and 15% this year, with growth set to be stronger next year. -
ZF English - 17:53 Jul 25, 2022
Belgium’s Carmeuse Holding, which owns three factories producing lime on the local market, posted RON230.5 million(EUR46.8 million) revenue in 2021, up 13% from the previous year, according to ZF calculations based on data from the Finance Ministry website. -
ZF English - 17:05 Jul 25, 2022
EBRD is providing EUR12.5 million in financing to Dona Group, an integrated player in the Romanian pharmaceutical market, to support the company's development plans. -
ZF English - 15:32 Jul 25, 2022
Romania's Finance Ministry on Monday reopened a bond issue due in February 2023 and borrowed RON2.1 billion from banks, more than five times the scheduled RON400 million, at an average yield of 8.70% a year. -
ZF English - 15:25 Jul 25, 2022
Austrian company HS Timber Productions (formerly Holzindustrie Schweighofer), active in the timber industry, is investing more than EUR18 million in its mills in Bacau and Covasna counties. -
ZF English - 13:54 Jul 25, 2022
Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data showed on Monday.
19080 items