Romania Feed
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ZF English - 10:37 May 19, 2021
Amazon Web Services, Amazon’s cloud computing division, has opened its first office in Bucharest, part of its strategy to expand across Central and Eastern Europe. -
ZF English - 10:18 May 19, 2021
The most wanted employers in Romania in 2021 are Amazon Development Center (Romania), HP Inc. Romania and Ubisoft, as the IT industry is seen as the most attractive, followed by services, according to the Randstad Employer Brand report. -
ZF English - 07:59 May 19, 2021
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR146.2 million on the local market in the first quarter of 2021, up 16.1% on the year. -
ZF English - 07:51 May 19, 2021
Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora was the only modern grocery retailer to see sales shrink in 2020. -
ZF English - 07:45 May 19, 2021
Lasselsberger Ceramics Romania, a local ceramic tile producer and owner of the Cesarom brand, posted 10% growth in turnover in 2020 and its profit doubled. -
ZF English - 07:28 May 19, 2021
The Timis family, who owns the cold cuts producer Cris-Tim and Casa Timis mansion, plans to build a hotel in the next five years. The entrepreneurs intend to build some accommodation facilities in the area where the Casa Timis mansion is in the near future. -
ZF English - 07:21 May 19, 2021
Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro adoption department, a central bank official has clarified. -
ZF English - 06:49 May 19, 2021
Corrugated cardboard and toilet paper manufacturer Vrancart is conducting EUR29 milion investments in several projects intended to ensure development of the business. -
ZF English - 19:18 May 18, 2021
Outsourcing services company Teleperformance Romania has earmarked an investment budget of RON3.6 million for 2021, 14% higher than the investment budget of over RON3.14 million for 2020, which was nearly 58% higher than the budget for 2019. -
ZF English - 17:27 May 18, 2021
Railway freight transporter Grup Feroviar Roman (GFR), the main company of freight railway group Grampet and the largest private railway operator in Romania, registered a turnover of RON692 million in 2020, down 5% on the year, per company data. -
ZF English - 17:05 May 18, 2021
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) registered a net profit of RON6.1 million in the first quarter of 2021, compared with a loss of RON11.4 million in the same period in 2020. -
ZF English - 16:46 May 18, 2021
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, said it would invest RON612 million (EUR126 million) in 2021, in modernizing and extending the natural gas and electricity distribution networks. -
ZF English - 16:30 May 18, 2021
Canned foods manufacturer Prefera Foods, held by entrepreneur Raul Ciurtin, plans to trade trade bonds on the Bucharest Stock Exchange, according to Zoarul Financiar. -
ZF English - 13:49 May 18, 2021
Software solutions provider Life is Hard (LIH.RO), which is listed on the AeRo market of the Bucharest Stock Exchange, has signed a contract to acquire 100% of the shares of Innobyte Solutions – one of the leading players on the Romanian ecommerce market. -
ZF English - 11:44 May 18, 2021
BestJobs Recrutare SA, the company that manages job recruitment platform BestJobs, has raised EUR3.4 million from stock market investors following a private placement of bonds closed early at the beginning of the week by brokerage firm Tradeville. -
ZF English - 11:28 May 18, 2021
Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), on Tuesday reported a net profit of RON453,000 for the first quarter of 2021, from a loss of RON2.4 million in the same period last year. -
ZF English - 10:56 May 18, 2021
The Foreign Investors Council (FIC), an organization that brings together over 120 multinational companies, said Romania’s economic growth in 2021 would exceed the European average, which will also translate in the coming period in enhanced investment opportunities. -
ZF English - 10:55 May 18, 2021
First-quarter investments on the Romanian property market declined 42% in annual terms, to EUR85 million euro in Romania, with office assets accounting for around half the transacted volumes, real estate consultancy company said in a report Tuesday. -
ZF English - 10:08 May 18, 2021
Romania's former social-democrat prime minister has been appointed advisor to central bank governor Mugur Isarescu, the central bank confirmed Tuesday. -
ZF English - 09:16 May 18, 2021
Telecom operator Vodafone Romania on Tuesday reported total services revenue of EUR801 million for the fiscal year 2020/2021 ended March 31, 1.5% lower compared with the previous fiscal year.