Romania Feed
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ZF English - 14:49 May 07, 2021
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON81.4 billion at the end of April 2021, RON1.2 billion higher than a month ago and RON6.3 billion higher compared with the beginning of 2021, financial regulator (ASF) data showed Friday. -
ZF English - 10:40 May 07, 2021
CEO Vodafone Albania, has been appointed Vodafone Romania’s CEO, effective July 1, 2021, and will report to Serpil Timuray, CEO Europe Cluster, the company announced Friday. -
ZF English - 10:27 May 07, 2021
Retail fuel sales of MOL Romania, the local division of Hungarian oil and gas group MOL, grew in the first quarter of the year, the company said Friday. -
ZF English - 09:04 May 07, 2021
Transport Trade Services (TTS), the biggest freight transporter on the Danube, announced Friday it was launching an IPO at the end of May for 50% of its share capital. -
ZF English - 08:01 May 07, 2021
An International Monetary Fund team headed by Jan Kees Martijn, IMF mission chief for Romania, will visit Bucharest virtually between May 10 and May 28, 2021 to undertake the annual review of the Romanian economy, known as the Article IV consultation. -
ZF English - 07:37 May 07, 2021
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON198 million in the first quarter of 2021, 41% higher compared with the same period last year. -
ZF English - 07:23 May 07, 2021
Prutul, one of the largest producers of vegetable oil in Romania, based in Galati, made almost RON16 million net profit in 2020, three times higher than in 2019, financial analysis platform Confidas.ro data show. -
ZF English - 07:07 May 07, 2021
Construction company Viarom posted an increase of 31% in revenue to RON173 million in 2020, Finance Ministry data show. -
ZF English - 06:28 May 07, 2021
The development of the second wave of renewable energy projects is facing a major hurdle, the incapacity of the national energy system to integrate new investments. -
ZF English - 16:12 May 06, 2021
Evergent Investments (EVER.RO) said in a stock market report on Thursday that its managers approved the “Stock Option Plan”, as part of the “Benefits Plan for 2020”. -
ZF English - 15:45 May 06, 2021
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Thursday said it would disconnect Unit 2 at the power plant in Cernavoda from the national grid starting May 9, 2021 for a planned outage program. -
ZF English - 14:24 May 06, 2021
Shareholders of Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, on Thursday approved, among others, the company’s budget of revenue and expenditure for 2021. -
ZF English - 13:10 May 06, 2021
Synevo, the medical laboratory division of Swedish-held private medical service provider Medicover, has increased the number of Covid-19 testing centers by 25% in 2021. -
ZF English - 12:54 May 06, 2021
Romanian company Supercom, which operates on the public sanitation services and waste management market, has accessed a financing of RON70 million from EximBank, which covers the liquidity need for its current operations and sustains the company’s development plans through investment and guarantee loan. -
ZF English - 11:36 May 06, 2021
Romania's finance ministry on Thursday raised 699 million lei (EUR141.88 million) selling bonds maturing in November 2024 at an average yield of 2.38%, central bank data showed. -
ZF English - 11:16 May 06, 2021
Marius Chiriac, the former coordinator of Enel X Romania, was appointed at the beginning of May as general manager of Enel Energie and Enel Energie Muntenia, companies that hold together the largest portfolio of customers on the Romanian competitive electricity market. -
ZF English - 10:05 May 06, 2021
Leasing transactions on the Bucharest office market grew to 48,000 square meters in the first quarter, down 9% compared with the same period last year when the Covid-19 pandemic was in its early stages in Europe, data from real estate consulting company Cushman & Wakefield Echinox showed Thursday. -
ZF English - 09:13 May 06, 2021
McDonald’s restaurant sales in Romania dropped 8% in 2020 to little under EUR180 million, compared with EUR194 million before the outbreak of the Covid-19 pandemic. -
ZF English - 09:01 May 06, 2021
Attractive market conditions in 2021 so far have resulted in the best-performing first quarter by deal numbers and proceeds in the last 20 years, as global IPO volumes rose 85% and proceeds rose 271% on the year in the first quarter, a quarterly report by EY showed Thursday. -
ZF English - 08:46 May 06, 2021
Online furniture and home décor retailer Vivre said Thursday its sales grew 28% in the first quarter of 2021, in line with its 30% sales growth target for the full year, to around EUR100 million.