ZF English
Source:
http://www.zfenglish.com
Found 18957 news
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ZF English - 18:22 May 14, 2025
International hotel group Accor is expanding its Romanian portfolio with the opening of a new Novotel Hotel in Timisoara. This will be the first Novotel outside Bucharest and is due to open at the end of 2027. -
ZF English - 16:20 May 14, 2025
Arobs Transilvania Software, an entrepreneurial tech company listed at the Bucharest Stock Exchange, reported a consolidated turnover of RON120 million for the first quarter of 2025, up 14% year-over-year. -
ZF English - 15:19 May 14, 2025
AmCham Romania has launched a joint appeal signed by eight organizations representing the Romanian business environment to signal the deterioration of the business climate and the need for confidence and predictability that the economy needs to continue to grow. It is reproduced below, AmCham said in a press statement on Wednesday (May 14). -
ZF English - 12:11 May 14, 2025
The Bucharest City Hall is listing a new bond issue (stock symbol: PMB31), worth a total of RON555.1 million, on the Regulated Market of the Bucharest Stock Exchange (BVB). -
ZF English - 11:48 May 14, 2025
Romania's current account deficit stood at EUR7.6 billion in January-March 2025, compared to the EUR4.2 billion level reported in the same period of 2024, central bank data showed on Wednesday (May 14, 2025). -
ZF English - 10:26 May 14, 2025
Romania's industrial production decreased by 4.2% in the first quarter of 2025 in unadjusted data compared to the same period of 2024 due to drops in manufacturing (-4.7%), the electricity, gas, steam and air conditioning supply (-1.9%) and mining and quarrying (-1.5%), data from the country's statistical office INS showed on Wednesday (May 13). -
ZF English - 10:08 May 14, 2025
SIPEX Company (stock symbol: SPX), one of the largest distributors of building materials and finishes in Romania, reported a turnover of RON66.5 million for the first quarter (Q1) of 2025, down 4% against the same period of 2024, as per the company's financial report for Q1/2025. -
ZF English - 09:46 May 14, 2025
Alternative investment fund Transilvania Investments Alliance in the first three months of 2025 generated RON38.9 million net profit, up 133% from Q1/2024. -
ZF English - 08:08 May 14, 2025
The Bucharest Stock Exchange, the operator of the local capital market and a majority stakeholder in the Central Counterparty (CCP) and the Central Depository, in the first quarter of 2025 posted a RON1.19 million loss at group level from the RON2.96 net result reported in Q1/2024. -
ZF English - 07:31 May 14, 2025
Romania’s national grid company Transelectrica in the first quarter of 2025 registered RON158 million net profit, up 52%, and RON1.4 billion revenues, down 29%. -
ZF English - 07:12 May 14, 2025
Pharma producer Antibiotice Iasi in the first quarter of this year generated total revenues of RON180 million, down 6%, and net profit of RON32.6 million, 13% lower than the year-earlier level. -
ZF English - 07:00 May 14, 2025
Hidroelectrica, Romania’s largest green energy producer, in the first quarter of this year registered RON589 million net profit, 56% lower than in the same period last year amid declining energy production, while revenues dropped by 26% to RON1.9 billion. -
ZF English - 06:52 May 14, 2025
Focsani-based packaging maker Electric, owned by Buzaianu family, for 2024 reported turnover worth RON90.9 million (EUR18.3 million), up almost 43.3% from 2023, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:46 May 14, 2025
Despite remaining flat in April 2025 against the previous month, prices of old 3-room Bucharest apartments have surged in the past year. In line with the ZF real estate index compiled together with consulting company SVN Romania, the average price reached EUR121,153 in April, up almost 14% from the same month of 2024. -
ZF English - 18:32 May 13, 2025
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL), one of the national leader in Romania's renewable energy sector, reported consolidated operating revenues of RON79.9 million for the first quarter (Q1) of 2025, up 70% compared to the same period of 2024, as per the company's financial report for Q1/2025. -
ZF English - 17:45 May 13, 2025
Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers on the local market, reported loss of RON1.2 million for the first quarter of 2025 versus net profit of almost RON850,000 recorded in the same period of 2024. -
ZF English - 17:35 May 13, 2025
Romania's Finance Ministry raised RON1.6 billion from banks on Tuesday (May 13), selling government paper in two auctions, at annual average yields of 3.82% and 3.52%, respectively. -
ZF English - 17:03 May 13, 2025
Banca Comerciala Romana (BCR) has granted EUR18.5 million in financing to a company within Italian group Alerion Clean Power, a key player in the renewable energy market, for the construction of a photovoltaic project with an installed capacity of 35 MW, located in Calarasi County. -
ZF English - 15:44 May 13, 2025
Bathroom furniture producer Savini Due, controlled by Italian businessman Piersante Savini, has inaugurated its new factory in Sebes (Alba County), which entailed an investment of almost EUR40 million covered from the company's own sources and bank loans. -
ZF English - 14:57 May 13, 2025
tbi bank has increased to 8% per year the interest rates on 1-month term deposits in lei for individuals.
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