ZF English
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http://www.zfenglish.com
Found 20531 news
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ZF English - 13:12 May 25, 2021
In 2020, global renewable energy capacity investments grew 2% to $303.5 billion, the second-highest annual figure recorded to date despite the impact of the global COVID-19 pandemic, but $5.2 trillion more are needed to achieve zero emissions, an EY study estimates. -
ZF English - 12:59 May 25, 2021
Help Net, the third leading pharmaceutical retail chain in Romania by number of units, reported sales of RON978 million in 2020, up 22% compared with 2019. -
ZF English - 12:44 May 25, 2021
Germany’s Bosch Group registered consolidated net sales of nearly RON2.2 billion (EUR448 million) in Romania in the fiscal year 2020, up 3% compared with 2019. -
ZF English - 10:56 May 25, 2021
Fratelli Group, controlled by several local entrepreneurs, targets a turnover of RON51 million for 2021, 12% lower than in 2019, the year before the outbreak of the COVID-19 pandemic. -
ZF English - 10:40 May 25, 2021
The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to EUR10 million to Garanti BBVA Consumer Finance, to finance energy improvements and resource efficiency of residential buildings in Romania. -
ZF English - 10:25 May 25, 2021
Lender ING Bank Romania on Tuesday said its pre-tax profit grew 11% on the year in the first quarter of 2021, to RON183 million, while its revenues grew 2% in the same period, to RON544 million. -
ZF English - 09:43 May 25, 2021
Sales of oil products are expected to reach nearly $13.2 billion (EUR11 billion) in 2021, up nearly 2% versus 2020. -
ZF English - 09:20 May 25, 2021
Sales of Romania's sole producer of oil and gas OMV Petrom, via its 560 filling stations, fell 24% on the year in 2020. By volume, each filling station sold 7% less fuel. -
ZF English - 08:45 May 25, 2021
Ion Catutoiu, an entrepreneur engrossed in various investments, including in the real estate sector, and Andrei Stanciu, CEO of construction company Somet Group, will jointly develop a 150-room hotel for long stay, which will be affiliated to the Novotel Living brand and will be the first of its kind to be inaugurated in Eastern Europe. -
ZF English - 08:08 May 25, 2021
SeedBlink, a local crowdfunding platform for Romanian IT start-ups, seeks to attract EUR3 million financing in Series A round, of which EUR500,000 through equity crowdinvesting, a platform currently valued at EUR12 million. -
ZF English - 08:01 May 25, 2021
Cardboard packaging manufacturer Dunapack Rambox Prodimpex, posted RON153.2 million (EUR31.8 million) in 2020, an increase of about 8% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 07:40 May 25, 2021
La Fantana, one of the leading local suppliers of bottled water for water coolers to companies seeks to expand the production capacity of the plant in Talmaciu, Sibiu County. -
ZF English - 07:25 May 25, 2021
Seven in ten financial analysts polled by CFA Romania expect Romania's inflation rate to grow to 3.53% over the next 12 months, and over 80% of them estimate the leu will depreciate against the euro, to 5.0062 units over the same horizon. -
ZF English - 07:13 May 25, 2021
Household cleaning and personal care products manufacturer, importer and wholesaler Interstar Chim posted some RON185 million revenue in 2020, its highest ever. -
ZF English - 06:52 May 25, 2021
The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON574.9 billion, as lending increased at a rate of 5.7%, Romania’s central bank preliminary data show. -
ZF English - 16:34 May 24, 2021
International Finance Corporation,a member of the World Bank group, is investing approximately $25 million equivalent in Romanian lei in senior non-preferred bonds placed by Banca Comerciala Romana S.A. (BCR), a systemic bank in Romania. -
ZF English - 15:38 May 24, 2021
Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes of the central bank's policy meeting of May 12 showed Monday. -
ZF English - 13:51 May 24, 2021
Furniture manufacturer Ecolor, owned by Swedish company Gyllensvaans Möbler and general manager Carl Widell, plans to invest RON28 million in 2021 in raising production capacity and automation. -
ZF English - 13:38 May 24, 2021
Paving stone manufacturer Symmetrica of Suceava, owned by the Stanciu family, posted a turnover of RON162.2 million in 2020, up 19% on the year, and doubled its profit to RON17.1 million, finance ministry data showed. -
ZF English - 13:12 May 24, 2021
Romania's finance ministry on Monday raised a planned 300 million lei (EUR60.9 million) selling bonds maturing in October 2034 at an average yield of 4.15%, central bank data showed.
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