Romania Feed
-
ZF English - 11:55 Nov 08, 2022
Turbomecanica (TBM.RO), the only local manufacturer of gas turbine engines and mechanical assemblies for aircraft, announced on the Bucharest Stock Exchange a net profit of RON2.5 million in the first nine months of the year, 42% lower than the RON4.3 million in the year-ago period. -
ZF English - 11:05 Nov 08, 2022
After four quarters of solid performance, activity in the office space market slowed down in the third quarter of this year, a Colliers analysis shows. -
ZF English - 09:21 Nov 08, 2022
Stradale, a chain of restaurants with menus created by Chef Foa, has rented an 827-sqm area in U-Center, an office project developed by Forte Partners in Bucharest’s Tineretului area. -
ZF English - 09:05 Nov 08, 2022
2Performant, the main player on Romania’s affiliated marketing market, reported RON23.7 million turnover in the first nine months of 2022, up 43% from the year-earlier period. -
ZF English - 08:57 Nov 08, 2022
Finas Group, a Cluj-based company operating on the green power, has partnered, in a joint venture, with DTEK Renewables International, the main private energy investor of Ukraine, in a bid to develop several renewable energy projects worth EUR150 million. -
ZF English - 08:43 Nov 08, 2022
Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2%) and non-food items (by 0.4%), in line with data from the country’s statistics board INS. -
ZF English - 08:34 Nov 08, 2022
The shareholders of Bittnet Systems, a technology company listed at the BVB, want to discuss during the extraordinary general meeting of shareholders of December 12 the approval for carrying out a corporate bond issue with a value of up to RON100 million or EUR20 million, with an annual interest rate of as much as 11% and 9%, respectively. -
ZF English - 08:07 Nov 08, 2022
Sipex, a major building materials wholesaler in Romania, registered RON11.6 million net profit in the first nine months of 2022, up by over 40%, while the company’s turnover rose by 14.7%, to RON227.6 million. -
ZF English - 07:58 Nov 08, 2022
Almost all of Romania’s airports are carrying out or are set to start expansion and overhauling works. The total value of investments in local airports tops EUR600 million. -
ZF English - 07:39 Nov 08, 2022
Macromex, the largest Romanian-owned distribution business, is considering entering the production segment, analyzing the market and areas now generating the biggest increases. -
ZF English - 20:09 Nov 07, 2022
Polisano Pharma SRL pharmacies, the last part of the Polisano group still controlled by the Vonica family, who created the Polisano empire, were sold by Daniela Vonica (wife of former businessman Ilie Vonica) and Valentina Birsan. -
ZF English - 19:03 Nov 07, 2022
Sortilemn in Gherla, one of the most important local suppliers of Sweden’s IKEA group, held by Austrian Michael Brandhuber, estimates EUR43 million revenue for 2022, up 14.5% compared with the previous year, ZF has calculated from the data supplied by the company. -
ZF English - 18:48 Nov 07, 2022
The returns expected by investors kept the upward trend over the last year, but with a moderate advance, as the cost of capital maintained its ascending path in the third quarter of 2022, outlined since the second part of 2021, according to an EY Romania analysis. -
ZF English - 18:42 Nov 07, 2022
The Black Friday campaign in Romania is expected to exceed EUR400 million in sales in the fashion, food, beauty, home-deco, and electronic sectors, according to estimates by consulting company Frames. -
ZF English - 18:29 Nov 07, 2022
The company DAAS, part of EPTA Group, a multinational company specialized in the field of controlled temperature solutions, is investing in a warehouse of 9,000 square meters within the ELI Park Ploiesti logistics park where it will also have an office area that will serve all the company’s departments. -
ZF English - 18:09 Nov 07, 2022
Romania’s Competition Council has approved a transaction whereby Polisano Pharma SRL pharmacies, held by Daniela Ioana Vonica and Valentina Bîrsan, were acquired in August 2022 by Marcos Provit, part of Evofarm group, which operates in pharmaceuticals retail and wholesale. -
ZF English - 16:22 Nov 07, 2022
Romania's finance ministry raised RON1.23 billion on Monday (Nov 7) through two government bond issue, at annual average yields of 9.13% and 9.43%. -
ZF English - 16:09 Nov 07, 2022
Online furniture and home decor retailer Vivre Deco, which has two bond issues listed on the Bucharest Stock Exchange, VIV25E and VIV26E, respectively, announced in a stock market report on Monday (Nov 7) that it submitted to the Bucharest court the restructuring plan within the agreement with creditors procedure. -
ZF English - 14:10 Nov 07, 2022
Romania’s largest online retailer eMAG expects sales to reach RON639 million on this year’s Black Friday, which is set for November 11 and intended to be its biggest ever. The company actually introduced Black Friday in Romania 12 years ago. -
ZF English - 12:33 Nov 07, 2022
The European Fund for Southeast Europe (EFSE), an impact investment fund focusing on fostering economic prosperity in Southeast Europe and the Eastern Neighborhood Region, has granted a EUR7 million Basel III-compliant Tier 2 Capital subordinated loan to Patria Bank.