Romania Feed
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ZF English - 17:56 Jun 15, 2021
Sanador, the fourth largest private medical services operator in Romania by turnover, has opened a new clinic, on the groundfloor of the One Tower office building in Bucharest’s Calea Floreasca area, which engulfed EUR6 million. -
ZF English - 17:27 Jun 15, 2021
Cameron Romania, the largest supplier of equipment and services for the local oil industry, had a turnover of RON1.17 billion in 2020, down 10% from 2019 level, per finance ministry data. -
ZF English - 16:27 Jun 15, 2021
River freight transporter Transport Trade Services (TTS) said in a stock market report on Tuesday that British investment trust Utilico Emerging Markets PLC has reached the 5% threshold of the share capital of TTS. -
ZF English - 15:02 Jun 15, 2021
Farmec Cluj-Napoca, the biggest local cosmetics manufacturer, said Wednesday it has invested over the last year a total EUR500,000 in the manufacturing of biocides for personal and medical use and it has sold over 2 million sanitizer-type items. -
ZF English - 10:10 Jun 15, 2021
Shares of agricultural company Agroland Agribusiness (AAB.RO) started trading Tuesday on the AeRO market of the Bucharest Stock Exchange, reaching a price of RON36/share by noon, 33.3% higher than the private placement price. -
ZF English - 09:07 Jun 15, 2021
Verona Cojocaru, specialist with over 20 years of experience in financial audit, has been named Partner within EY Romania's Audit department starting July. -
ZF English - 08:53 Jun 15, 2021
Local startup easySales, which set up a B2B platform for automating and centralizing e-commerce activities, announced it has integrated merchant access to online furniture and home décor retailer Vivre. -
ZF English - 08:19 Jun 15, 2021
Porsche's local engineering division will be opening a second office in Romania, in Timisoara, after the one established in 2016 in Cluj-Napoca. -
ZF English - 08:12 Jun 15, 2021
Dante International, the company that runs online retailer eMAG, posted RON107.3 million net profit in 2020, an increase of 117% year-on-year, Finance Ministry data show. -
ZF English - 07:55 Jun 15, 2021
Romanian cybersecurity company SafeTech Innovations (SAFE.RO) seeks to raise RON8 million from stock market investors through a share capital increase. -
ZF English - 07:16 Jun 15, 2021
Coca-Cola HBC Romania, the leader of the non-alcoholic ready-to-drink beverage market in Romania, and Quadrant-Amroq Beverages, the Pepsi bottler, which ranks second among NARTD beverage producers, saw a decline in revenue at the same rate, 11%, in 2020. -
ZF English - 06:11 Jun 15, 2021
More than 10,000 employees or 10% of the total employees in Bucharest work in the IT&C sector, ZF has calculated from national Statistics Institute data. In Cluj, 9% of the employees work in the IT sector and in Iasi almost 8%. -
ZF English - 17:54 Jun 14, 2021
German-held automotive component manufacturer Dräxlmaier will be investing EUR200 million at its factory in Timisoara (western Romania), over the next six years, to produce batteries for electric vehicles, Timisoara mayor Dominic Fritz said Monday. -
ZF English - 16:19 Jun 14, 2021
Half of the 12 million shares bought by large investors in the initial public offering (IPO) preliminary to the listing of river freight transporter Transport Trade Services (TTS) on the Bucharest Stock Exchange was acquired by three investors, respectively, Paval Holding, Dutch group NN and private pension fund VITAL. -
ZF English - 15:30 Jun 14, 2021
Romania's finance ministry on Monday raised 255 million lei (EUR51.8 million), above the planned RON200 million, selling a new issue of bonds maturing in April 2036 at an average yield of 4.18%, central bank data showed. -
ZF English - 15:04 Jun 14, 2021
Medical operator Medima Health, specialized in medical imaging and radiology, is expanding and opening its fifth clinic, in Otopeni, following an investment of EUR1.5 million. -
ZF English - 13:09 Jun 14, 2021
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) has received a financing of EUR400,000 from lender Raiffeisen Bank, which is guaranteed by EximBank, within the COVID-19 state aid scheme intended for large companies. -
ZF English - 09:52 Jun 14, 2021
Romania's current account balance posted a deficit of EUR4.71 billion in the first four months of 2021, compared with a deficit of EUR2.274 billion in the same period in 2020, central bank data showed Monday. -
ZF English - 08:51 Jun 14, 2021
BlackPeak Capital, a private equity firm focused on investing growth equity in Southeast Europe, successfully completed first closing at EUR68.5 million of its target EUR120 million BlackPeak Southeast Europe Growth Equity Fund.
