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AAylex Prod, part of the AAylex group, one of the largest actors in the poultry industry in Romania, posted 575.8 million lei (EUR121.5 million) revenue in 2019, an increase of 7% on the previous year, ZF has calculated from Finance Ministry data.
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom.
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom.
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, will increase its share of more than one fifth of the local market, following takeover of Aegon operations in Romania and three other countries.
Romania exported 37 million pairs of footwear last year, worth a total $930 million, the World Footwear report shows, which looks at the footwear industry of each country.
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only account for 8% of the medicine purchases of Romanian consumers, market research company Iqvia data shows cited by Dragos Damian, CEO of pharmaceutical producer Terapia Cluj.
Individual investors bought RON2.7 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday.
Romanian Te-Rox Prod, a producer of covers and harness systems for child safety seats founded by Doina and Roxana Cepalis, has sold its operations to Swedish safety group Holmbergs, which supplies safety systems for child safety seats.
Shareholders of construction materials producer TeraPlast Bistrita (TRP.RO) on Friday approved the distribution of RON45.3 million as dividends from the net profit recorded in the first nine months of 2020.
Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a share repurchase program of maximum RON30 million in order to reduce its share capital, per ZF calculations based on a stock market report.
The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75 million, per Labor Inspectorate data provided at the request of Ziarul Financiar.
Raluca Tintoiu, the former general manager of NN Pensii who decided to warn the fund's 1.9 million contributors in 2017 over political decisions that could affect their savings, has won the case against the country's financial regulator which fined her at the time.
UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the third quarter of 2020, per its latest financial report.
Fildas, a medicine wholesaler founded by entrepreneur Anca Vlad, has leased a 3,400 sqm warehouse and 400 sqm of office space in the logistics project Czech real estate developer VGP is building in the western part of Brasov.
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim platform, on Friday reported a turnover of RON804 million for January-September 2020, down 22% on the year, and a loss of RON32.9 million, wider than RON1.05 million in the same period in 2019, per its financial report.
CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has acquired the Mobexpert warehouses at km 23, on the A1 highway, from Dan Sucu, owner of Mobexpert, one of the largest furniture industry groups in Romania.
Food ordering and delivery platform foodpanda has expanded its operations to 19 new cities in 2020 and seeks to cover two other localities by the end of 2020, respectively Tulcea and Giurgiu, reaching a network of 38 cities.
Holde Agri Invest, a Romanian company operating farmland, reported a consolidated turnover of RON26 million and a net profit of RON1.5 million for January-September 2020, and expects a turnover of RON40-45 million and an operating result of RON4-6 million for the whole 2020.
Austrian-owned brick manufacturer Wienerberger Romania did well in the first nine months amid high demand for two reasons.
Car sharing company Spark could be the first operator to use Dacia Spring electric cars in its fleet, as it is already in talks with the Renault Group.18948 items