Romania Feed
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ZF English - 07:33 Mar 21, 2023
Aquila, leader of the local consumer goods distribution market by turnover, is in advanced talks with two firms, with growth via acquisitions being one of the company’s strategies. -
ZF English - 07:20 Mar 21, 2023
Brazil’s IT services provider Stefanini IT Solutions is in talks to acquire another startup in Romania after having taken over a cybersecurity company and a digital marketing agency locally. -
ZF English - 22:00 Mar 20, 2023
Pharmaceutical producer Biofarm (BIO.RO) has called shareholders for April 26, 2023 to approve distribution of the 2022 net profit and of the RON0.03 per share gross dividend, reports to the Bucharest Stock Exchange show. -
ZF English - 18:36 Mar 20, 2023
Natural gas producer and supplier Romgaz (SNG.RO) on Monday notified the Bucharest Stock Exchange that its Board of Directors had appointed Dan Dragos Dragan its chairman for four years, thus extending his term in office. The seven members of the Board had been elected in the General Meeting of the Shareholders on March 14, 2023. -
ZF English - 16:34 Mar 20, 2023
Romania's finance ministry raised RON1.2 billion on Monday (March 20, 2023) through two government bond issues, at annual average yields of 7.32% and 6.86%, respectively. -
ZF English - 16:24 Mar 20, 2023
OMV Petrom (SNP.RO), the largest company in Romania, has budgeted RON40 billion revenue from sales in 2022, compared with RON55 billion in 2022 and the net profit should reach RON3.9 billion compared with the all-time high of RON10 billion of 2022. -
ZF English - 13:44 Mar 20, 2023
Hidroelectrica signed a joint venture agreement with UAE’s Masdar on Monday, to build offshore wind farms and floating solar parks in Romania. -
ZF English - 12:50 Mar 20, 2023
Romanian technology and consulting company Softelligence, which develops and implements digital transformation solutions in finance-banking and insurance industries mainly, ended 2022 with EUR18.5 million revenue, an increase of 33% year-on-year, the company said in a release. -
ZF English - 09:09 Mar 20, 2023
ING Bank Romania is expanding its innovative payment services portfolio with Instant Payments services, developed by Transfond. -
ZF English - 08:26 Mar 20, 2023
The shares of construction materials wholesaler Sipex Company have today been included in the BETAeRO index, which comprises the most traded companies in the multilateral trading system (SMT). -
ZF English - 08:14 Mar 20, 2023
SAP Romania, the local subsidiary of the German software solutions producer of the same name, has reached a team of 810 employees working in its three locations of Bucharest, Timisoara and Cluj-Napoca. -
ZF English - 08:02 Mar 20, 2023
Cluj-Napoca-based ceramic tile manufacturer Sanex, owned by Austrian group Lasselsberger, has budgeted RON8 million investments for 2023. -
ZF English - 07:53 Mar 20, 2023
Cris-Tim group, one of the main Romanian businesses in the food sector, currently exports on 18 European markets and its future strategy includes targeting new markets, such as Africa or Asia and the Middle East, Radu Timis Jr, CEO of the group, told ZF. -
ZF English - 07:45 Mar 20, 2023
Spanish group Inditex, a major global fashion player, owning brands such as Zara and Massimo Dutti, in 2022 generated EUR75 million gross profit in Romania, up 13.6% from 2021 and more than double the 2020 level. -
ZF English - 07:37 Mar 20, 2023
Car parts producer Optibelt Power Transmission, the local subsidiary of German group Arntz Optobelt, has for 2023 budgeted investments worth EUR11.7 million to develop the conveyor belt plant of Maramures county. -
ZF English - 21:19 Mar 17, 2023
Capital city Bucharest continues to dominate the ranking of imports and exports in 2022, with companies headquartered in the city generating 20% of Romania’s total exports and 32% of total imports, in line with data provided by the country’s statistics board INS for the first ten months of 2022. -
ZF English - 21:07 Mar 17, 2023
Nuclear power producer Nuclearelectrica (SNN.RO) is calling shareholders, which include Pillar II pension funds to approve distribution of RON1.28 billion dividends from the 2022 profit, the company said in a notification to the Bucharest Stock Exchange on Friday. -
ZF English - 20:35 Mar 17, 2023
Construction material distributor Sipex Company (SPX.RO) has called shareholders for April 24, 2023 to approve distribution of RON6 million or RON0.015022 per share dividends from 2022 profit, according to the notification sent to the Bucharest Stock Exchange. -
ZF English - 20:26 Mar 17, 2023
Construction materials manufacturer Prefab Bucuresti (PREH.RO) has summoned its shareholders on April 26, 2023 to get their approval with a view to contracting a loan of RON10 million from ING Bank that is expected to support the company's investment program for 2023, as per a convening notice published at the Bucharest Stock Exchange. -
ZF English - 19:54 Mar 17, 2023
Arctic Stream (AST.RO), an IT infrastructure and security integrator, notified shareholders about signing a $1.55 million contract, the amount of which is higher than 10% of the revenue in its latest financial reports.