Romania Feed
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ZF English - 18:54 Apr 24, 2023
Romania's Finance Ministry raised RON1.1 billion from banks on Monday (April 24) selling government paper in two auctions at annual average yields of 7.33% and 7.53%. -
ZF English - 17:19 Apr 24, 2023
National power grid company Transelectrica (TEL.RO) has appointed Stefanita Munteanu chief executive officer as of April 25, the company said in a decision of its Supervisory Board sent to the Bucharest Stock Exchange. -
ZF English - 16:57 Apr 24, 2023
Romania’s largest lender Banca Transilvania (TLV.RO) on April 24 published a report to the Bucharest Stock Exchange detailing the EUR500 million financing concluded at a yield of 9% per annum and a four-year maturity on Friday. -
ZF English - 14:21 Apr 24, 2023
Tema Energy, a technology provider specializing in construction of data centers, going from design to delivery, installation, start-up and maintenance and support services, ended 2022 with more than EUR12.7 million (RON63 million) revenue, an increase of 47% year-on-year, the company said in a release. -
ZF English - 13:06 Apr 24, 2023
Law firm Filip & Company assisted Fondul Proprietatea (FP.RO) in the sale of its minority stake in E-Distributie Muntenia SA, Enel Energie Muntenia S.A., E-Distributie Dobrogea S.A., E-Distributie Banat S.A., and Enel Energie S.A. -
ZF English - 08:05 Apr 24, 2023
OMV Petrom, Romania’s largest oil company, has started general revision works at Petrobrazi, which will be carried out during six weeks and for which the company will earmark RON400 million. -
ZF English - 07:51 Apr 24, 2023
Navodari Chemical Fertilizers Plant (Combinatul de Ingrasaminte Chimice (CICh) Navodari, registered RON300 million turnover in 2022, up almost 70% from 2021, amid rising fertilizer demand. -
ZF English - 07:38 Apr 24, 2023
Autoklass group, a Mercedes-Benz, smart and Honda authorized dealer, ended 2022 with EUR233 million turnover. -
ZF English - 07:11 Apr 24, 2023
Vodafone Romania SA, the main entity the British telecom group owns on the local market, in 2022 registered RON4.695 billion turnover, up 2.3% on the year. -
ZF English - 07:02 Apr 24, 2023
South Korean giant Samsung kept its leading position on the local mobile phone market last year with a 53% share by unit number and around 45% by value. -
ZF English - 06:47 Apr 24, 2023
WIP Industries, a supplier of components for the furniture industry, has completed the plant of Campia Turzii, Cluj county, in which it has invested over EUR35 million. -
ZF English - 06:39 Apr 24, 2023
Prahova-based DIY stores Artsani ended 2022 with RON175 million turnover, flat on the year, but profit halved, reaching RON5.6 million, a seven-year low. -
ZF English - 06:06 Apr 24, 2023
Pharmacy chain Tei, one of the most dynamic businesses in Romania, controlled by entrepreneur Roxana Maftei, ended 2022 with RON950 million turnover, up 9.4% from the previous year, according to the company’s officials. -
ZF English - 19:59 Apr 21, 2023
Banca Transilvania (TLV.RO) on Friday night sold EUR500 million worth of bonds at a yield of 9% per annum, as part of the EUR1 billion bond issue the shareholders approved in order to meet the minimum requirement for own funds and eligible liabilities (MREL). -
ZF English - 18:40 Apr 21, 2023
Unita Turism Holding, which operates several hotels in Romania, has sold the Fantanele complex by the Belis Lake, Cluj County, to Cluj-based Transilvania Quest for EUR5 million, Transilvania Business reports. -
ZF English - 15:30 Apr 21, 2023
Romania had 949 kilometers of highway at the end of last year, 18 more than in 2021, which account for 1% of the total public road network and 5.4% of the national road network, National Statistics Institute data published on Friday show. -
ZF English - 10:27 Apr 21, 2023
Piatra Neamt-based farming machinery producer Mecanica Ceahlau reported RON1.86 million net profit in 2022, 8% above the 2021 level of RON1.7 million. -
ZF English - 08:18 Apr 21, 2023
Shipbuilder Santierul Naval Orsova ended 2022 with net losses of RON4.2 million, from a RON154,000 loss in 2021. The company posted RON58.3 million revenues, down 22% from 2021 amid declining shipbuilding activities. -
ZF English - 07:55 Apr 21, 2023
Dragos Militaru, CEO of Kandia, the biggest chocolate producer in Romania, says March was a good month and the first quarter ended with 10% higher sold volumes, meaning an over 20% turnover increase. -
ZF English - 06:18 Apr 21, 2023
China-held KSHG Auto Harness will open a car parts production unit in industrial park CTPark II of Hunedoara, in Bacia locality, near Simeria.