Romania Feed
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ZF English - 06:28 Jul 20, 2021
Ardealul Carei, one of the largest vegetable oil producers held by local entrepreneurs, posted more than RON258.8 million (EUR53.7 million) revenue in 2020, a decrease of 5% year-on-year, ZF has calculated from Finance Ministry data. -
ZF English - 06:08 Jul 20, 2021
Builder Bog’Art via its development company Art Property and furniture maker Mobexpert bought two plots next to OMV Petrom’s Petrom City site in northern Bucharest in a EUR20 million deal, real estate market sources say. -
ZF English - 13:36 Jul 19, 2021
Furniture manufacturer PGS Sofa & Co in Oradea ended 2020 with more than RON280.9 million (EUR58.3 million) revenue, a decrease of 18% year-on-year from RON344 million (EUR72.6 million), Finance Ministry data show. -
ZF English - 13:24 Jul 19, 2021
Logistics and fast-moving consumer goods distribution group Aquila has completed integration of temperature-controlled food distribution business Agrirom, following the merger by absorption of the two. -
ZF English - 11:47 Jul 19, 2021
Non-bank financial institution Agricover Credit IFN has received EUR7.5 million from the European Investment Bank, the second tranche of a EUR15 million loan agreement signed in 2020. -
ZF English - 11:20 Jul 19, 2021
The total value of transactions with commercial real estate assets in Romania, which include office, retail, industrial and logistics space, as well as hotels, reached EUR298 million in the first half of 2021, a 23% decrease compared with the year-ago period, a report by real estate consultant Cushman & Wakefield Echinox says. -
ZF English - 09:01 Jul 19, 2021
Optical Investment Group (OIG), held by private equity firm Innova, expects more than RON135 million revenue by yearend, an increase of 30% on 2020, when it stood at RON105 million.
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ZF English - 07:48 Jul 19, 2021
Online bookstore Librex ended the first half of the year with EUR920,000 sales, an increase of 60% on the year-ago period, when sales stood at EUR580,000. -
ZF English - 06:41 Jul 19, 2021
Germany’s fashion retail group Anson's, which operates large multibrand stores, will enter Romania with a store in the ParkLake mall in Bucharest, market sources say. -
ZF English - 06:22 Jul 19, 2021
The largest bicycle plant in Romania, developed by Sport Mechanical Workshop in Timisoara, will be completed this fall and assemble up to 1.5 million bicycles a year. The only customer of the facility will be French-held sporting goods retailer Decathlon. -
ZF English - 14:21 Jul 16, 2021
Fondul Proprietatea Holders OK Gross Dividend Of RON0.07/Share From 2016- 2017 Undistributed Profits
Property restitution fund Fondul Proprietatea (FP.RO) on Friday said its shareholders approved the payment of a special gross dividend of RON0.07 per share from profits left undistributed in 2016 and 2017, considering that it reported a loss of RON102.9 million in 2020. -
ZF English - 13:21 Jul 16, 2021
Electricity supplier Electrica Furnizare, part of state-owned utility group Electrica, has installed 796 solar panels for oilfield equipment manufacturer Uztel Ploiesti (UZT.RO). -
ZF English - 12:51 Jul 16, 2021
British American Tobacco (BAT) has appointed Frederico Monteiro to run the Central Europe South (CES) Area. Monteiro will be coordinating from Bucharest the operations for seven markets, respectively Romania, Bulgaria, Ukraine, the Republic of Moldova, the Czech Republic, Slovakia and Hungary. -
ZF English - 11:44 Jul 16, 2021
Alexandru Mircea Mihailescu, the main shareholder of Transport Trade Services (TTS), with a 25.2% ownership, Ion Stanciu, with a 7% stake, and Sevastian Stefan, said they would forgo their mandates of Executive Board members of TTS, starting August 26, 2021. -
ZF English - 10:44 Jul 16, 2021
French Renault Group sold a total 1.42 million cars in the first half of 2021, 18.7% more than in the same period in 2020, while Dacia sold 262,814 cars in the first half of 2021, 24.5% more year-over-year. -
ZF English - 09:42 Jul 16, 2021
The Fidelis government bonds for the general population, sold by the finance ministry on the capital market in July, started trading on the Bucharest Stock Exchange on Friday (July 16). -
ZF English - 09:18 Jul 16, 2021
Greenfield Copou Residence, a company held by Impact Developer&Contractor, has bought a plot of land of 25,930 square meters in the historical part of the city of Iasi, on Dealul Copou (Copou Hill), where it will build a residential complex with over 1,000 apartments. -
ZF English - 08:32 Jul 16, 2021
Deutsche Bahn Cargo Romania, the local subsidiary of the leading provider of rail freight transport in Europe, relocates its headquarters to the One Cotroceni Park building. -
ZF English - 05:00 Jul 16, 2021
Clinica Sante, one of the largest private laboratory clinic networks in Romania, saw its revenue go up 23% year-on-year to RON147 million in 2020, ZF has found from publicly available data. -
ZF English - 05:00 Jul 16, 2021
Furniture and home decor retailer JYSK set out to remodel all its stores to make them compliant with the Store 3.0 concept by the end of 2024.