Romania Feed
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ZF English - 20:21 Dec 29, 2022
Tech startups in Romania got EUR79.27 million funding in 2022, 7.35% less than the EUR85.56 million of 2021 attracted in 93 rounds, a report by Activize shows. -
ZF English - 19:22 Dec 29, 2022
Dumitru Popescu, 45, a Romanian entrepreneur with experience in the hospitality industry and constructions, wants to build a bread factory in the locality of Carcea (Dolj County) and expects the total investment to amount to EUR12-15 million, which will be covered from bank loans and own funds. -
ZF English - 18:33 Dec 29, 2022
Romania's Transport Minister Sorin Grindeanu announced on Thursday (Dec 29) the signing of a contract aimed at expanding the passenger terminal of the international airport in Oradea (western Romania). -
ZF English - 17:30 Dec 29, 2022
After 2020 and 2021 were affected by the effects of the coronavirus pandemic, the year 2022 came with new challenges, such as a war on the borders of Romania, energy crisis, inflation, rise in interests and loan installments. -
ZF English - 15:58 Dec 29, 2022
Romanian state-owned energy utility group Electrica (EL.RO) said in a stock market report that its Board of Directors decided in its meeting of Dec 29, 2022, to extend the appointment of Alexandru-Aurelian Chirita as interim Chief Executive Officer (CEO) and of Stefan-Alexandru Frangulea as interim Chief Financial Officer (CFO). -
ZF English - 15:38 Dec 29, 2022
Romania’s Competition Council has approved a transaction whereby US company The Sherwin-Williams Company, a manufacturer of paints and coatings also present in Romania, is acquiring Italy’s Industria Chimica Adriatica active on the Romanian market through a wholesaler. -
ZF English - 12:58 Dec 29, 2022
Romania’s finance ministry is launching new government bond issues for the general population only, on Tuesday (January 3, 2023), through the TEZAUR program. -
ZF English - 07:41 Dec 29, 2022
The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in 2019. -
ZF English - 07:29 Dec 29, 2022
Calipso, the producer of spring water brands Miraqua and Codrii Vlasiei, owned by Siderache family, is entering retail with a coconut-flavored natural juice range. -
ZF English - 07:20 Dec 29, 2022
E-INFRA group, controlled by businessman Teofil Muresan, is ending 2022 with a solar project portfolio of 45 MW, with the target for 2023 envisaging installed capacity of 100 MW. -
ZF English - 18:55 Dec 28, 2022
SIF Hoteluri (CAOR.RO) has notified its shareholders of the sale of the Eurohotel Hotel in Baia Mare, including real estate, fixed assets, inventory items, stocks of goods, intangible movable assets, employees and contracts with customers and suppliers, as per a stock market report. -
ZF English - 17:50 Dec 28, 2022
Romania’s general consolidated budget posted a deficit of RON58.70 billion in the first eleven months of 2022, Finance Ministry data showed. -
ZF English - 16:39 Dec 28, 2022
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said in a stock market report that it completed the takeover of the uranium concentrate processing line at the Feldioara Branch of the insolvent National Uranium Company on Dec 28. -
ZF English - 16:32 Dec 28, 2022
Bucharest Stock Exchange recorded two transactions with 550,000 shares of biodegradable packaging manufacturer Promateris (PPL.RO) worth RON4.2 million on the deal market on Wednesday, December 28, Bucharest Stock Exchange data show. -
ZF English - 14:07 Dec 28, 2022
Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, has announced the successful closing of a private placement for corporate bonds. -
ZF English - 12:53 Dec 28, 2022
Romania's unemployment rate stood at 3.04% at end-November 2022, higher by 0.08 percentage points than in October 2022, data from the country’s employment agency ANOFM showed Wednesday (Dec 28). -
ZF English - 08:50 Dec 28, 2022
Companies operating in the field of oil and gas extraction or those involved in oil product manufacturing are likely to be subjected to a new tax on 2022 and 2023 profit, in line with a draft emergency ordinance. -
ZF English - 08:15 Dec 28, 2022
Romanian business managers expect for the December-February 2023 period a steep increase in prices in retail, in parallel with an activity slump in constructions, while the number of employees in industry, retail and services will remain relatively stable, in line with a survey by the country’s statistical board INS. -
ZF English - 07:23 Dec 28, 2022
CTP, the largest developer and manager of logistic and industrial space in Romania, is expanding its partnership with Profi. The current expansion delivered by CTP for Profi increases the area leased by the retailer in CTPark Bucharest West to 67,000 square meters. -
ZF English - 16:26 Dec 27, 2022
Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed in lei, went up 23.4%, central bank data show.