Romania Feed
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ZF English - 21:31 Dec 20, 2022
Automobile Dacia delivered 10,000 Spring electric cars in Romania between October 13, 2021 and December 20, 2022. -
ZF English - 20:03 Dec 20, 2022
Low-cost airline Wizz Air has announced an increase in frequency of flights on three routes operated from the Avram Iancu International Airport of Cluj to Brussels Charleroi, Milan Bergamo and Paris Beauvais. -
ZF English - 19:49 Dec 20, 2022
Romanian cybersecurity company Safetech Innovations (SAFE.RO), listed on the AeRO market of the Bucharest Stock Exchange, said in a stock market report on Tuesday (Dec 20) that it established a subsidiary in Abu Dhabi (the United Arab Emirates), which is called Safetech Cybersecurity Limited Cyber Risk Management Services LLC. -
ZF English - 19:33 Dec 20, 2022
Alpha Bank: Romania's GDP/Capita Up 22% To EUR10,700 In Jan-Sept 2022 - The Highest Growth In The EU
Romania recorded a 22% increase in the gross domestic product (GDP) per capita to EUR10,700 in the first nine months of 2022, the highest growth in the European Union, but keeps the second spot in terms of value, as per an analysis by lender Alpha Bank. -
ZF English - 18:59 Dec 20, 2022
Automotive component manufacturer Lear Corporation Romania, the local subsidiary of US-held Lear Corporation, has 91 jobs available for its plant in Letcani industrial park near Iasi, the Iasi county employment agency (AJOFM) website shows. -
ZF English - 16:11 Dec 20, 2022
The Romanian Government has approved a bill that provides, among others, the establishment of an agency tasked with monitoring and assessing the performance of public enterprises. -
ZF English - 15:53 Dec 20, 2022
Nuclear power producer Nuclearelectrica (SNN.RO) informed its shareholders and investors that it placed with Banca Romaneasca a term deposit without extension in the amount of RON61.4 million, on December 19, 2022, in line with a stock market report. -
ZF English - 15:42 Dec 20, 2022
Electricity distributor and supplier Electrica (EL.RO) announced in a stock market report on Tuesday (Dec 20) that it concluded two agreements for market making services with brokerage companies BRK Financial Group (BRK) and Wood & Company (Wood&Co) for a period of 2 years, starting with January 3, 2023, with the possibility of extension. -
ZF English - 15:41 Dec 20, 2022
Romania’s National Defense Ministry via Compania Nationala Romtehnica has signed a framework agreement with Israel’s Elbit Systems Ltd for up to seven UAS Watchkeeper X systems worth a total of about RON1.891 billion, VAT not included. -
ZF English - 15:10 Dec 20, 2022
Despite solid margin growth, more than half of the world’s banks continue to experience profitability problems and a return on equity that is below their cost of equity, as per the 12th edition of the McKinsey Global Annual Banking Review. -
ZF English - 15:02 Dec 20, 2022
The Board of Directors of Romanian state-owned energy utility group Electrica (EL.RO) has extended the mandate of Cristian Bosoanca as Chairman of the Board starting January 1, 2023 until December 31, 2023. -
ZF English - 14:21 Dec 20, 2022
Accenture's “Payments Gets Personal” report shows that up to $89 billion (4.6%) of global payment revenues could be at risk in the next three years for banks that are slow to offer next-generation payments options. -
ZF English - 13:46 Dec 20, 2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON12.1 billion in the first nine months of 2022, up 23% versus the year-ago period, the country’s Financial Supervisory Authority (ASF) said in its latest report on the evolution of the local insurance market. -
ZF English - 12:57 Dec 20, 2022
FAN Courier, the leader of the local courier services market, has leased 5,000 square meters of storage and office space in the P3 Bucharest A1 logistics park where it plans to develop the main shipping hub in the west of capital city Bucharest, which will serve all FAN Courier customers in this part of the capital. -
ZF English - 12:25 Dec 20, 2022
The net flow of foreign direct investment (FDI) stood at EUR9.4 billion in the first ten months of 2022, in line with data from Romania’s central bank. -
ZF English - 11:20 Dec 20, 2022
In October 2022, the volume of construction works in Romania rose, in unadjusted data, by 34.3% compared to October 2021 and was up 32.9% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS. -
ZF English - 08:31 Dec 20, 2022
Dent Estet network, part of MedLife group, has taken over stomatology clinic DentaLife of Bucharest, previously part of MedLife portfolio. -
ZF English - 07:37 Dec 20, 2022
Private hospital Sanconfind of Campina, with a 90-bed capacity, will near the RON30 million threshold by yearend. -
ZF English - 21:12 Dec 19, 2022
DHL, one of the largest actors in the courier service market, will end the year with a rise of 20% in revenue compared with last year, when its revenue stood at RON417 million, Finance Ministry data show. -
ZF English - 20:34 Dec 19, 2022
Romania's finance ministry raised RON1.37 billion on Monday (Dec 19) through two government bond issues, at annual average yields of 7.63% and 8.35%.