ZF English
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http://www.zfenglish.com
Found 19007 news
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ZF English - 12:41 Nov 16, 2021
Romanian brick manufacturer Cemacon Cluj Napoca (CEON.RO) said in its financial report released Tuesday that it ended the first nine months of 2021 with a turnover of RON133.6 million, up 40% on the year, and a net profit of RON42.6 million, up 88% from the level reported in the same period of 2020. -
ZF English - 11:22 Nov 16, 2021
Romania’s national commission for prognosis and statistics kept its projections for the country’s GDP growth at 7% in 2021, but it revised downwards its GDP forecast for 2022, at 4.6%, from 4.9% envisaged in its summer forecast. -
ZF English - 09:59 Nov 16, 2021
Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjusted data, the country’s statistics board INS said Tuesday. -
ZF English - 08:53 Nov 16, 2021
Patria Bank ended the first nine months of 2021 with net profit worth RON7.2 million, up 20% from the same period of 2020, mainly supported by the favorable trend of operating revenues and the lower operating expenses that led to 66% higher operating profit. -
ZF English - 08:38 Nov 16, 2021
Large wind and solar energy projects worth above EUR400 million got the green light in October to connect to Transelectrica grid. -
ZF English - 08:22 Nov 16, 2021
Uber Romania has expanded its services to 7 new cities in 2021, getting to a total number of 13 cities, and in the next two years the expansion pace should be similar with this year’s, explained Ana Maria Borlovan, country operations manager at Uber Romania. -
ZF English - 08:13 Nov 16, 2021
Computer and electronics retailer Altex plans to expand its logistics area by at least two regional centers, in Moldavia and Banat. -
ZF English - 08:04 Nov 16, 2021
Hilton Garden Inn hotel located in Bucharest’s old town, controlled by Lithuania’s Apex, expects turnover to reach EUR3 million this year, from EUR2 million in 2020, according to the company’s officials. -
ZF English - 07:54 Nov 16, 2021
Maria Necsulescu, Jidvei deputy general manager, expects RON200 million turnover from wine sales alone in 2021. -
ZF English - 18:49 Nov 15, 2021
Ford Europe wants to bring a shared services center to Bucharest and will lease 6,000 square meters of office space at first, adding more as it develops, according to property market data. -
ZF English - 18:30 Nov 15, 2021
Financial investment company SIF Banat Crisana (SIF1.RO) sold shares in Erste Bank (EBS.RO) - the Austrian group that owns BCR in Romania - for about EUR15 million euros (RON75 million) in the third quarter of 2021, according to ZF's calculations from the quarterly report sent to the Bucharest Stock Exchange on Monday evening. -
ZF English - 18:14 Nov 15, 2021
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO), a company in which the Paval brothers - founders of the most powerful Romanian entrepreneurial business, Dedeman, have a 17% stake, ended the first nine months of 2021 with RON270 million revenue and RON10.5 million net profit. -
ZF English - 18:01 Nov 15, 2021
Funds of Dutch NN Group, which operate in the fields of insurance, mutual funds and mostly on the mandatory private pension funds (Pillar II) segment, on Monday reported a 5% ownership stake in aluminum producer Alro Slatina (ALR.RO), which equals an investment of nearly RON96 million. -
ZF English - 18:00 Nov 15, 2021
Evergent Investments (formerly SIF Moldova), a financial investment company with a capitalization of RON1.25 billion, liquidated its holdings in OMV Petrom (SNP.RO), Alro Slatina (ALR.RO) and Transgaz (TGN.RO) in the third quarter, i.e., in July, August and September, data from the quarterly report published on Monday evening show. -
ZF English - 17:38 Nov 15, 2021
Viessmann SRL, part of the German heating, industrial and refrigeration systems group Viessmann posted about RON181.8 million (EUR37.7 million) revenue in 2020, up 4.6% from the previous year, according to calculations made by ZF based on data from the Finance Ministry. -
ZF English - 17:32 Nov 15, 2021
DENT ESTET Group, established leader on the Romanian dental services market, part of the MedLife Medical System, on Monday announced the acquisition of 60% of the shares of Oradent by Dr. Costea clinic, local county leader by 2020 turnover. -
ZF English - 17:18 Nov 15, 2021
Transport Trade Services (TTS.RO), the biggest freight transporter on the Danube, on Monday said it ended the first nine months of 2021 with a net profit of RON57.35 million, up 60.2% on the year, and a consolidated turnover of RON451 million, up 20% on the era, per calculations by Ziarul Financiar (ZF) based on the quarterly financial report. -
ZF English - 17:09 Nov 15, 2021
Zarea, one of the most important players in the alcoholic beverages market in Romania, posted of RON110.4 million (EUR22.9 million) revenue in 2020, up 10% compared with the RON 100.5 million (EUR21.2 million) in the previous year, according to ZF calculations based on information available on the Finance Ministry website. -
ZF English - 16:59 Nov 15, 2021
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Monday said it ended the first nine months of 2021 with a net profit of RON22.9 million, up 20% on the year, and a turnover of RON235.8 million, up 10% on the year, per calculations by Ziarul Financiar (ZF) based on data from IAR’s quarterly financial report. -
ZF English - 16:40 Nov 15, 2021
Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from the financial markets and the risk of ad hoc fiscal measures, with unpredictable effects.
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