ZF English
Source:
http://www.zfenglish.com
Found 19710 news
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ZF English - 08:22 Oct 26, 2021
Romania's general consolidated budget posted a deficit of RON44.29 billion in January-September 2021, or 3.77% of the gross domestic product, lower than RON67.27 billion, or 6.37% of GDP, in the first nine months of 2020, finance ministry data showed Tuesday. -
ZF English - 07:42 Oct 26, 2021
Royal Hospital in 2020 generated turnover worth RON15.7 million, 23% higher than in the previous year. The hospital has 3,600 square meters and 50 beds. -
ZF English - 07:26 Oct 26, 2021
The soaring building materials costs are being strongly felt in the agribusiness field as well, for investors have construction projects underway and are even likely to delay project completion, considers Calin Musca, owner of Porkprod, which is investing EUR10 million in an integrated production line. -
ZF English - 07:13 Oct 26, 2021
Amid rising inflationary pressures, largely generated by the deepest energy crisis of recent years, but also by investors’ expectations that both Romania’s central bank and other central banks will start a more aggressive interest rate hike cycle, mutual funds have just witnessed the first withdrawals since August 2020. -
ZF English - 05:00 Oct 26, 2021
Continental Hotels chain, one of the largest in Romania, with almost 2,000 rooms, has operated at a 49% average occupancy rate so far, compared with 72% in 2019, its best year ever, the chain’s officials say. -
ZF English - 15:02 Oct 25, 2021
Romania could recover over 60% of the GDP (gross domestic product) loss caused by the COVID-19 pandemic and could generate approximately 1000 jobs per one million inhabitants, through investment projects in renewable energy, said Mihai Draghici, Director, Business Consulting at EY Romania. -
ZF English - 14:33 Oct 25, 2021
Romania’s Competition Council has approved a transaction whereby Austria’s ALPLA Group, a world leader in the development, production and recycling of plastic packaging, acquires Wolf Plastics Verpackungen based in Austria and, indirectly, Wolf Plastics Ambalaje in Romania. -
ZF English - 13:28 Oct 25, 2021
Lender Banca Comerciala Romana (BCR) has granted loans worth RON1.2 billion to entrepreneurs through the government's IMM Invest program for small and medium-sized enterprises (SMEs), until present, and was greenlighted to supplement the initial ceiling by an additional RON400 million. -
ZF English - 12:57 Oct 25, 2021
Appraisal & Valuation (APP.RO), a company providing appraisal, consulting and real estate development services, on Monday said it appointed Gheorghe Dragne to run the company’s development division. -
ZF English - 12:15 Oct 25, 2021
Private lending grew by 13.4% in nominal terms to RON314.5 billion in January-September 2021, compared to the same period in 2020, as local currency lending grew by 18.4% and foreign currency lending by 2.3% when expressed in lei, central bank data showed Monday. -
ZF English - 11:48 Oct 25, 2021
The number of online card transactions processed by Netopia Payments grew 50% year-over-year in January-September 2021 and their total value grew surged nearly 55%, with an average 1.4 million online transactions processed monthly. -
ZF English - 10:18 Oct 25, 2021
Craiova-based Softronic, the only factory in Eastern Europe manufacturing electric frames and locomotives, owned by four Romanian entrepreneurs, has contracted financing of EUR4.5 million from lender Garanti BBVA Romania for the construction of two electric locomotives. -
ZF English - 09:09 Oct 25, 2021
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, continued its upward trend on Monday (Oct 25) and grew to 2.30% a year, per central bank data. -
ZF English - 08:34 Oct 25, 2021
The Bucharest Stock Exchange announced that the first bond issue of BRK Financial Group (BRK.RO), in the amount of RON25 million, would start trading on the Main Market on Tuesday (October 26), under the ticker symbol BRK26. -
ZF English - 07:32 Oct 25, 2021
Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, forecasts 7% higher turnover this year, to EUR20 million, according to the company’s officials. -
ZF English - 07:23 Oct 25, 2021
Troia Premium Construct, a Bucharest-based building company, owned by two Romanian entrepreneurs, registered RON96 million turnover in 2020, 75% higher than in 2019, and profit worth RON7.8 million, up 32%. -
ZF English - 07:13 Oct 25, 2021
Czech sporting goods retailer Sportisimo forecasts two-digit turnover growth in Romania in 2021. -
ZF English - 06:56 Oct 25, 2021
Romania’s courier services market is expected to expand this year as well, with growth seen at around 15%. -
ZF English - 06:41 Oct 25, 2021
Karpaten Turism, one of the biggest players in Romanian tourism field, controlled by Gheorghe Marginean, aims for EUR50 million turnover this year, from the around EUR20 million level reached last year. -
ZF English - 12:47 Oct 22, 2021
Distribution and logistics company Aquila, held by Catalin Vasile and Alin Dociu, plans to launch an initial public offering (IPO) for the sale of 50% of the shares newly issued within a share capital increase.
19710 items