ZF English
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http://www.zfenglish.com
Found 18948 news
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ZF English - 09:17 Nov 10, 2020
Fashion Days, the largest online fashion retailer in Romania, expects to end the year with some 550 million lei sales on the local market, an increase of more than 60% on the previous year, when local sales stood at RON325 million. -
ZF English - 08:58 Nov 10, 2020
Packaging manufacturer Promateris, formerly known as Prodplast, plans to make a EUR7 million investment in a new biodegradable packaging plant in Crevedia, Dambovita County. -
ZF English - 08:53 Nov 10, 2020
The average net salary in Romania grew 1.4% in nominal terms in September 2020 compared with August 2020, to 3,321 lei (around EUR682), data from the country's statistics board showed Tuesday. -
ZF English - 08:10 Nov 10, 2020
Unilever group, one of the largest actors on the fast-moving consumer goods market, is developing manufacturing operations in Romania by investing in the plant in Ploiesti to meet rising demand for food. -
ZF English - 14:55 Nov 09, 2020
Europeans have an average per capita purchasing power of EUR13,894 in 2020, down 5% on the year, but disposable income among the 42 studied countries varies significantly, according to the GfK Purchasing Power Europe 2020 study. -
ZF English - 14:03 Nov 09, 2020
Romania's finance ministry on Monday raised 923.9 million lei (EUR189.8 million), versus RON600 million planned, selling bonds maturing in January 2028 at an average yield of 3.04%, central bank data showed. -
ZF English - 13:58 Nov 09, 2020
Romania's finance ministry on Monday raised a planned 400 million lei (EUR82 million) selling treasury bills maturing in May 2021 at an average yield of 2.32%, central bank data showed. -
ZF English - 12:51 Nov 09, 2020
ASBIS Romania, the local subsidiary of Cyprus-based IT&C distributor ASBIS, expects a nearly 25% increase in turnover at the end of 2020, up to RON212.8 million ($51.9 million). -
ZF English - 12:03 Nov 09, 2020
Parcel delivery service company DPD has leased new storage space totaling 5,500 square meters, in the cities of Arad, Bucharest and Brasov, in order to expand its capacity on a regional level, considering that the electronic commerce in Romania has potential to see the biggest growth in the European Union in 2020. -
ZF English - 10:45 Nov 09, 2020
The use of offices is about 40-50% of the usual level before the outbreak of the pandemic, while the the vacancy (contractual) rate of office spaces is 10.8%, with a significant difference between class A (8.2%) and class B (18.2%) offices, a report by Cushman & Wakefield Echinox showed Monday. -
ZF English - 10:32 Nov 09, 2020
Real estate consulting firm CBRE has been selected by developer Skanska to provide property management services for the Campus 6.2 and Campus 6.3 office buildings located in the central-western part of capital Bucharest. -
ZF English - 10:30 Nov 09, 2020
Dental clinic chain Dr. Leahu, the second largest player on the local dental services market, announced Monday it was opening its first clinic abroad, in London, a GBP400,000 investment. -
ZF English - 09:57 Nov 09, 2020
Romania's trade balance posted a deficit of EUR13.058 billion in January-September 2020, EUR998.5 million higher (+8.3%) compared with the same period in 2019, data from the country's statistics board showed Monday. -
ZF English - 09:32 Nov 09, 2020
Greek OTE Group, held by Germany’s Deutsche Telekom, confirmed Monday morning the sale of its fixed operations in Romania to Orange Romania, leader on the local telecom market, within a transaction worth EUR500 million, thus confirming the information released last week by Ziarul Financiar. -
ZF English - 09:02 Nov 09, 2020
Sales of local supermarkets, i.e. of those part of chains held by local entrepreneurs, rose 17% in May-October, which is the fastest rate of all analyzed by market research company RetailZoom. -
ZF English - 08:19 Nov 09, 2020
Tinmar Energy, a company of Romanian entrepreneur Augustin Oancea, which is mainly an electricity, natural gas and oil products trader, has completed the takeover of Intercereal, a major grain farmer in Ialomita County, southern Romania. -
ZF English - 07:57 Nov 09, 2020
Iulius Group’s retail properties generated 453 million lei revenue together in 2019, an increase of 14% on the previous year, ZF has calculated from the data the Iulius Group officials supplied. -
ZF English - 16:52 Nov 06, 2020
Regional investment fund SIF Banat-Crisana (SIF1.RO) said Friday in a stock market report that the funds FII Active Plus and FDI Active Dinamic, managed by SAI Swiss Capital Asset Management (AM), exceeded on November 5 the ownership threshold of 5%, reaching a holding of 5.1123%. -
ZF English - 16:33 Nov 06, 2020
OTP Bank Romania, the subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON39 million in the first nine months of 2020, down 50.6% year-over-year, due to increased risk costs envisaged amid the Covid-19 pandemic, per the Hungarian group’s earnings report.
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