ZF English
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http://www.zfenglish.com
Found 18948 news
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ZF English - 09:12 Dec 21, 2020
Romania’s insurance market registered underwritten gross premiums of over RON8.5 billion in January-September 2020, approximately 4.8% higher than the level reported in the same period in 2019, data from the Financial Supervisory Authority (ASF) showed Monday. -
ZF English - 08:53 Dec 21, 2020
German-held discount store chain Penny has opened 20 stores this year without closing any in Romania. The company expanded at the same pace it announced a while ago and will continue do so in the coming years. -
ZF English - 15:30 Dec 18, 2020
Electrica Furnizare S.A., part of state-owned utility group Electrica (EL.RO), said Friday in a stock market announcement that its shareholders have recently decided to establish a branch in the Republic of Moldova, in capital Chisinau. -
ZF English - 09:02 Dec 18, 2020
Austrian Leier group announced its two Romanian brick manufacturing companies, Brikston Construction Solutions and Siceram, will merge as of January 1, 2021. -
ZF English - 07:43 Dec 18, 2020
Paper manufacturer Pehart Tec Group held by private equity firm Abris Capital, will get a EUR51 million syndicated loan and plans to use some of it for the development of its plants in Petresti (Alba) and Dej (Cluj). -
ZF English - 07:33 Dec 18, 2020
The year 2020 should have been better than 2019 for Cristian Erbasu’s businesses but the pandemic forced companies in the construction, agriculture and hotel sector to rethink their plans. -
ZF English - 19:02 Dec 17, 2020
Sales of non-food retailers returned to the level before the crisis generated by the Covid-19 pandemic in Central and Eastern Europe (CEE), growing on average 4%, considering that consumption habits have changed in 2020 and sales have a different structure compared with the situation in 2019, per the report “ExCEEding Borders. Retail during the pandemic across the CEE-17 region,” released by Colliers International. -
ZF English - 16:56 Dec 17, 2020
Cash & carry chain Selgros, which owns 23 stores in Romania, has recently opened a logistics platform of 10,000 square meters in Chiajna locality (on Bucharest ring road), whereby it will improve the efficiency of its supply chain. -
ZF English - 16:27 Dec 17, 2020
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, continues its investments and announces the opening of two new units, in Bucharest’s Tineretului neighborhood and within the Ana Tower building, near Romexpo, in Bucharest as well. -
ZF English - 14:48 Dec 17, 2020
Building materials retailer MAM Bricolaj, held by the Gavan family, has acquired 50% of the shares of company Geomam Pal Group, for a total amount of RON825,000. -
ZF English - 12:54 Dec 17, 2020
Romania's finance ministry on Thursday raised 1.255 billion lei (EUR257.7 million), above its RON700 million target, selling bonds maturing in November 2024 at an average yield of 2.63%, central bank data showed. -
ZF English - 10:51 Dec 17, 2020
Hidroelectrica, Romania's biggest hydropower producer, will lower electricity prices for its existing household consumers from RON0.255/kWh to RON0.245/kWh in the first half of 2021. -
ZF English - 09:48 Dec 17, 2020
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has signed the acquisition of 75% in pharmaceutical wholesaler Pharmachem Distributie SRL. -
ZF English - 09:33 Dec 17, 2020
New car registrations in the European Union fell 25.5% in the first 11 months of 2002, to 8.9 million units, and by 12% on the year in November, ACAROM data showed Thursday. -
ZF English - 08:55 Dec 17, 2020
ROCA Investments has acquired 20% of dairy company Artesana, owned by Alina and Daniel Donici, to support the company's development and a EUR4.6 million investment in a second factory in Tecuci. -
ZF English - 08:20 Dec 17, 2020
Fashion retailer C&A, one of the largest in the world, is working with only eight partner factories in Romania, compared with 20 in 2019 and about 40 four years ago. -
ZF English - 07:50 Dec 17, 2020
Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher than in 2019. -
ZF English - 18:52 Dec 16, 2020
Investment fund Fondul Proprietatea (FP.RO) announced Wednesday on the stock market the closing of the public tender offer for the purchase of shares or global depositary receipts (GDR). -
ZF English - 14:20 Dec 16, 2020
Shareholders of MedLife (M.RO), the leader of the private medical services market in Romania, on Tuesday approved an increase of the company’s share capital by RON27.7 million, up to RON33.2 million, by issuing a number of 110.7 million new shares, with a nominal value of RON0.25 per share, per a stock market report. -
ZF English - 09:20 Dec 16, 2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments.
18948 items