Romania Feed
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ZF English - 08:37 May 06, 2021
The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. -
ZF English - 07:43 May 06, 2021
Liberty Steel, part of industrial group GFG Alliance, said May 5 it will "fix or sell underperforming units" in a restructuring and refinancing drive as it recovers from the March collapse of Greensill Capital, its biggest financier, S&P Global reported. -
ZF English - 07:21 May 06, 2021
Retail pharmacy chain Medimfarm posted RON128 million sales in 2020, 13% higher than in 2019, Finance Ministry data show. -
ZF English - 07:05 May 06, 2021
Retail sales in Romania, excluding vehicle sales, grew 13.3% on the month in March and by 2.3% when adjusted for seasonality and number of working days, data from the country’s statistics institute showed Thursday. -
ZF English - 06:53 May 06, 2021
BRD Groupe Societe Generale, the third largest lender on the Romanian market by assets, on Thursday reported a net profit of RON218 million for the first quarter of 2021, down 6.5% on the year. -
ZF English - 06:52 May 06, 2021
Pharmaceutical wholesaler Fildas posted RON4.3 billion revenue in 2020, an increase of more than 2% on the previous year, ZF has calculated from the data supplied by the company. -
ZF English - 06:24 May 06, 2021
Evergent Investments (former SIF Moldova, EVER.RO), the largest financial investment company by capitalization on the Bucharest Stock Exchange, bought into Nuclearelectrica (SNN.RO) in the fourth quarter last year, a Romanian government-controlled nuclear power producer, ZF has found from the company’s reports. -
ZF English - 14:12 May 05, 2021
Aluminum producer Alro Slatina (ALR.RO) on Wednesday said that NN pension funds exceeded the 5% ownership threshold of Alro’s share capital, reaching a holding of 5.04%, on April 29, 2021. -
ZF English - 11:57 May 05, 2021
Raiffeisen Bank will grant total funding of EUR5 million to 100 Romanian startups, a segment on which the bank attracted over 4400 entrepreneurs throughout the three editions of the factory by Raiffeisen Bank lending program. -
ZF English - 11:13 May 05, 2021
Romania's finance ministry launches two new bond issues for the general population in May with one-year and three-year maturities, available for subscription in the period May 5-26. -
ZF English - 10:52 May 05, 2021
British paper packaging producer DS Smith will invest EUR11 million in the next two years at its paper mill in Zarnesti, central Romania, to reduce the factory's environmental impact. -
ZF English - 10:43 May 05, 2021
Romanian state-owned lender CEC Bank on Wednesday said it registered a net profit of RON81.7 million in the first quarter of 2021, above the forecast level. -
ZF English - 10:31 May 05, 2021
Total industrial leasing activity in Romania grew 43% on the year in the first quarter, to 264,400 square meters, real estate consultancy company CBRE said in a report. -
ZF English - 09:51 May 05, 2021
Nearly 30,000 new job openings were listed on online recruiting platform BestJobs in April, mostly in IT, sales, and finance, and the number of remote working positions doubled compared with April 2020. -
ZF English - 08:59 May 05, 2021
Altex, Romania's leading electronics retailer, said Wednesday it has invested over EUR1 million in remodeling and upgrading two stores, in line with its expansion and modernization plan that targets digitalizing its stores across the country. -
ZF English - 08:53 May 05, 2021
Concrete prefab manufacturer Prebet Aiud (PREB.RO) has acquired a 5% stake in Roca Investments, the investment division of Impetum Group, for EUR2.1 million, the company announced Wednesday. -
ZF English - 08:45 May 05, 2021
Prima Development Group, a real estate developer based in Oradea, is investing EUR20 million in a 240-unit residential project in Bucharest for which it offers a five-year guarantee. -
ZF English - 08:30 May 05, 2021
The investment allocation to living assets is set to grow throughout 2021, following the robust performance of the market throughout 2020, which resulted in EUR83.4 billion being invested into the sector, a survey by JLL showed Wednesday. -
ZF English - 08:05 May 05, 2021
Shell Romania, the local subsidiary of Shell, has a new team for expansion in Romania, after having operated via a local agent in the last 15 years. -
ZF English - 07:34 May 05, 2021
Pharmaceutical manufacturer Sandoz SRL, owned by Switzerland’s Novartis, one of the largest five local pharmaceutical plants in Romania, climbed 61 places in the ranking of the largest importers to ninth in 2020, National Statistics Institute data show.