ZF English
Source:
http://www.zfenglish.com
Found 19075 news
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ZF English - 15:49 May 20, 2022
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach 12.5% in December and 12.4% in June 2023, much higher than the 9.6% and 5% previously forecast. -
ZF English - 11:29 May 20, 2022
CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’s increase of 11.9%. -
ZF English - 08:37 May 20, 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, increased to 5.71% a year on Friday (May 20) from 5.62% on Thursday (May 19), as per central bank data. -
ZF English - 07:53 May 20, 2022
Square 7 Properties, a company that develops and manages retail parks, owned by Austrian businessman Clemens Petschnikar, has announced the acquisition of a 30,000-sqm land plot in Medias, where it has started authorization procedures for a new retail project. -
ZF English - 07:33 May 20, 2022
Chemical producer Chimcomplex (CHOB.RO), which owns the Oltchim and Borzesti platforms, for the first quarter of this year reported net profit worth RON72.8 million, down 40% from the year-earlier period, and 23% higher turnover, to RON612 million. -
ZF English - 07:14 May 20, 2022
Nestle’s turnover in Romania last year topped the RON1 billion threshold for the first time after sales rose by 10.5% vs 2020, in line with ZF calculations based on company data. -
ZF English - 07:05 May 20, 2022
While health services related to the pandemic were no longer in demand by patients in the last three months, Centrul Medical Provita posted a 15-20% increase in the first quarter of this year from the year-earlier period. -
ZF English - 06:53 May 20, 2022
Automobile Dacia, Romania’s biggest exporter and the engine of its industry, returned into the black in 2021 and posted RON21.4 billion turnover, up 17% from 2020, in line with a company report. -
ZF English - 06:40 May 20, 2022
Luxury hotel group Kempinski, headquartered in Geneva, Switzerland, is contemplating the Bucharest market for the opening of a hotel, according to the chain’s representatives. -
ZF English - 21:00 May 19, 2022
Footwear retailer Benvenuti, held by Romanian entrepreneur Dan Pavel, posted almost RON123.4 milion (EUR25 million) sales in 2021, an increase of 26.5% on 2020, ZF has calculated from Finance Ministry data. -
ZF English - 21:00 May 19, 2022
Faurecia Romania, the local subsidiary of France’s Faurecia, posted RON1.038 billion (EUR211 million) revenue in 2021, 1% lower year-on-year, ZF has calculated from Finance Ministry data. -
ZF English - 15:52 May 19, 2022
Component and electronic equipment manufacturer Zes Zollner Electronics, the Romanian subsidiary of Germany’s Zollner Electronics, registered a turnover of nearly RON1.49 billion (over EUR303 million) in 2021, up 26.5% from 2020, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 15:44 May 19, 2022
Romania's finance ministry raised RON881 million on Thursday (May 19), above the planned level of RON300 million, selling bonds maturing in 2029, at an annual average yield of 8.12%. -
ZF English - 15:34 May 19, 2022
United Romanian Breweries Bereprod (URBB), a brewer whose portfolio includes brands such as Tuborg, Carlsberg and SKOL, has contracted a loan of over EUR20 million from ING Bank Romania, which will be used to refund existing loans and new sustainable projects. -
ZF English - 14:58 May 19, 2022
Cyscale, software developer of data protection solutions and applications in the cloud, has obtained a EUR3 million SEED funding which will be used to grow the team, the products and to develop internationally, especially in the UK market. -
ZF English - 13:53 May 19, 2022
Romanian software development company Softbinator Technologies (CODE.RO) has leased a permanent space in the U.S., in Silicon Valley, which will serve as its office on the American market. -
ZF English - 13:16 May 19, 2022
Electronics retailer Flanco, the second largest player on this market in Romania, on Thursday said Laura Simion has taken over as head of its logistics division, starting May 2022. -
ZF English - 12:28 May 19, 2022
ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, has completed the acquisition of a 70% stake in Eco Euro Doors (EED). -
ZF English - 11:43 May 19, 2022
The Bacolux chain, held by Marius and Razvan Bazavan brothers, which includes the Diana and Afrodita hotels in Baile Herculane, will be opening the four-star Bacolux Koralio hotel in Eforie Nord seaside resort at the beginning of June 2022. The investment in the new hotel exceeded EUR7 million. -
ZF English - 09:49 May 19, 2022
TeraPlast Group has received the financing agreement through the state aid scheme for an investment of EUR11.2 million in a stretch film production facility.
19075 items