Romania Feed
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ZF English - 12:26 Aug 30, 2021
The Romanian leu plunged to a new all-time low against the euro on Monday (August 30), as the central bank average reference rate stood at 4.9349 lei to the European currency. -
ZF English - 12:08 Aug 30, 2021
Brewer Bermas Suceava (BRM.RO) on Monday reported a net profit of RON194,630 for the first half of 2021, compared with a net loss of RON619,266 in the same period in 2020, and total revenue of RON15.4 million, up 19.7% from the first half of 2020, per calculations by Ziarul Financiar (ZF) based on stock market data. -
ZF English - 11:44 Aug 30, 2021
Agricover Holding, one of the largest players in Romanian agribusiness, on Monday said it ended the first half of 2021 with trade revenue of RON698 million, up 27% on the year, and a net profit of RON36.6 million, up 37% from the first half of 2020. -
ZF English - 11:03 Aug 30, 2021
Dacia’s new seven-seat MPV will be called Jogger and will be officially unveiled on September 6, at 2021 Munich Motor Show. -
ZF English - 09:53 Aug 30, 2021
Industrial abrasives manufacturer Carbochim Cluj Napoca (CBC.RO), indirectly held by businessman Iulian Dascalu, the owner of Iulius Group, ended the first six months of 2021 with a turnover of RON18 million, up 12% on the year, and a net profit of RON1.03 million, up 50% from the first six months of 2020. -
ZF English - 09:32 Aug 30, 2021
Romanian cybersecurity firm SafeTech Innovations (SAFE.RO) on Monday said it received the accreditation of Cybersecurity Auditor for the essential entities from the National Centre of Response to Cybersecurity Incidents (CERT-RO), Romania’s competent authority for the network and information systems security. -
ZF English - 08:52 Aug 30, 2021
One United Properties, one of the most active developers of residential, office and mixed-use projects in capital Bucharest, had a turnover of RON434 million in the first half of 2021, up 96% on the year, and a net profit of RON147.5 million, up 267% on the year. -
ZF English - 08:31 Aug 30, 2021
Aegon Romania, the domestic unit of international financial group Aegon, ended the first three months of 2021 with a gross underwritten premium volume of RON36.8 million, 21% higher than in the same period of last year, according to the company representatives. -
ZF English - 07:59 Aug 30, 2021
The shares of Appraisal & Valuation, the holder of the NAI Romania brand, active on the appraisal market, will start trading on the alternative trading system AeRO of the Bucharest Stock Exchange, under the ticker symbol APP, on September 2, 2021. -
ZF English - 07:48 Aug 30, 2021
Five-star hotel Radisson Blu of Cluj-Napoca is due to open next spring, after its launch was delayed one year. -
ZF English - 07:36 Aug 30, 2021
The ten companies managing Bucharest’s largest shopping centres, occupying a total area of above 740,000 square metres, ended 2020 with overall losses of RON214 million. -
ZF English - 07:25 Aug 30, 2021
Rainwater and Roofing Systems Producer Raiko Transilvania (RKOT.RO) derived turnover worth RON4 million in the first half of this year, around 72% higher than the level reached in 1H/2020, it said in a report published on the BSE website. -
ZF English - 07:07 Aug 30, 2021
Ardealul Carei, one of the largest vegetable oil producers controlled by local entrepreneurs, with turnover topping EUR50 million in 2020, is poised to finalise a EUR3.5 million investment project, with 40% European funding, next year. -
ZF English - 06:52 Aug 30, 2021
The lower brick demand was offset by roofing demand in the first half of this year for Austrian brick manufacturer Wienerberger in Romania. -
ZF English - 19:13 Aug 27, 2021
Bittnet (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange, on Friday reported a consolidated turnover of RON48 million in the first half of 2021, and a gross profit of RON2 million, up 57% from the first half of 2020. -
ZF English - 16:08 Aug 27, 2021
Shareholders of Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, have approved the contracting of a EUR60 million loan from state-run lender CEC Bank and a EUR30 million loan from Alpha Bank. -
ZF English - 15:24 Aug 27, 2021
Romania ranks sixth among European Union Member States, with a 1.7% ratio of general government expenditure on defense to GDP in 2019, Eurostat, the statistical office of the European Union, said on Wednesday. -
ZF English - 13:09 Aug 27, 2021
Dacia Sandero, produced in Romania, was the top-selling car in Europe in July 2021, per data from the Automotive News Europe, based on Jato Dynamics data. This is the first time when Dacia Sandero has placed first in Europe, in a month. -
ZF English - 12:14 Aug 27, 2021
Law firm RTPR has assisted Rodbun Group, one of the leading agribusiness companies in Romania, in relation with a syndicated loan of RON278 million which will be used to cover working capital needs and support the group’s development plans. -
ZF English - 11:43 Aug 27, 2021
The net assets of the 227 domestic and foreign open-end and closed-end investment funds operating in Romania fell 0.4% in July 2021, to RON50.2 billion (EUR10.2 billion), but grew by 12.9% since the beginning of 2021, the Association of Fund Administrators said Friday.