Romania Feed
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ZF English - 08:05 Apr 24, 2023
OMV Petrom, Romania’s largest oil company, has started general revision works at Petrobrazi, which will be carried out during six weeks and for which the company will earmark RON400 million. -
ZF English - 07:51 Apr 24, 2023
Navodari Chemical Fertilizers Plant (Combinatul de Ingrasaminte Chimice (CICh) Navodari, registered RON300 million turnover in 2022, up almost 70% from 2021, amid rising fertilizer demand. -
ZF English - 07:38 Apr 24, 2023
Autoklass group, a Mercedes-Benz, smart and Honda authorized dealer, ended 2022 with EUR233 million turnover. -
ZF English - 07:11 Apr 24, 2023
Vodafone Romania SA, the main entity the British telecom group owns on the local market, in 2022 registered RON4.695 billion turnover, up 2.3% on the year. -
ZF English - 07:02 Apr 24, 2023
South Korean giant Samsung kept its leading position on the local mobile phone market last year with a 53% share by unit number and around 45% by value. -
ZF English - 06:47 Apr 24, 2023
WIP Industries, a supplier of components for the furniture industry, has completed the plant of Campia Turzii, Cluj county, in which it has invested over EUR35 million. -
ZF English - 06:39 Apr 24, 2023
Prahova-based DIY stores Artsani ended 2022 with RON175 million turnover, flat on the year, but profit halved, reaching RON5.6 million, a seven-year low. -
ZF English - 06:06 Apr 24, 2023
Pharmacy chain Tei, one of the most dynamic businesses in Romania, controlled by entrepreneur Roxana Maftei, ended 2022 with RON950 million turnover, up 9.4% from the previous year, according to the company’s officials. -
ZF English - 19:59 Apr 21, 2023
Banca Transilvania (TLV.RO) on Friday night sold EUR500 million worth of bonds at a yield of 9% per annum, as part of the EUR1 billion bond issue the shareholders approved in order to meet the minimum requirement for own funds and eligible liabilities (MREL). -
ZF English - 18:40 Apr 21, 2023
Unita Turism Holding, which operates several hotels in Romania, has sold the Fantanele complex by the Belis Lake, Cluj County, to Cluj-based Transilvania Quest for EUR5 million, Transilvania Business reports. -
ZF English - 15:30 Apr 21, 2023
Romania had 949 kilometers of highway at the end of last year, 18 more than in 2021, which account for 1% of the total public road network and 5.4% of the national road network, National Statistics Institute data published on Friday show. -
ZF English - 10:27 Apr 21, 2023
Piatra Neamt-based farming machinery producer Mecanica Ceahlau reported RON1.86 million net profit in 2022, 8% above the 2021 level of RON1.7 million. -
ZF English - 08:18 Apr 21, 2023
Shipbuilder Santierul Naval Orsova ended 2022 with net losses of RON4.2 million, from a RON154,000 loss in 2021. The company posted RON58.3 million revenues, down 22% from 2021 amid declining shipbuilding activities. -
ZF English - 07:55 Apr 21, 2023
Dragos Militaru, CEO of Kandia, the biggest chocolate producer in Romania, says March was a good month and the first quarter ended with 10% higher sold volumes, meaning an over 20% turnover increase. -
ZF English - 06:18 Apr 21, 2023
China-held KSHG Auto Harness will open a car parts production unit in industrial park CTPark II of Hunedoara, in Bacia locality, near Simeria. -
ZF English - 20:58 Apr 20, 2023
Romania's Finance Ministry raised RON1.33 billion from banks on Thursday (April 20) selling government paper in two auctions at annual average yields of 7.32% and 7.43%. -
ZF English - 20:37 Apr 20, 2023
Developer NEPI Rockcastle plans to open the Promenada Craiova mall in October 2023, following a more than EUR125 million investment. The mall will include more than 150 stores. -
ZF English - 19:42 Apr 20, 2023
5 to go coffee shop chain, the largest such chain in Romania, has opened almost 50 shops since the beginning of the year and is to overshoot the 500 mark, almost half of which in Bucharest, the company said. -
ZF English - 18:31 Apr 20, 2023
Poland’s Keno, one of the largest manufacturers and distributors of complete photovoltaic installations, has opened a subsidiary in Romania to distribute its own panel and heat pump brands in the country. -
ZF English - 16:20 Apr 20, 2023
Impetum Investments, a division of Impetum Group and investment fund Agista, which is expecting authorization, have become shareholders of Bittnet Group, a Romanian IT group listed on the main market of the Bucharest Stock Exchange, following completion of a RON32 million capital increase.