Romania Feed
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ZF English - 07:13 Oct 17, 2022
US giant Burger King is resuming expansion in Romania, but with a different franchisee after having in early 2022 terminated the agreement to develop the brand on the markets of Poland, Czechia, Slovakia, Bulgaria and Romania with Poland’s AmRest. -
ZF English - 06:58 Oct 17, 2022
AROBS Transilvania Software is continuing its M&A strategy and currently has two deals underway, with one of them likely to be announced as soon as the yearend, explained Voicu Oprea, fonder and CEO of the company. -
ZF English - 06:50 Oct 17, 2022
Allianz-Tiriac, Romania’s second largest general and life insurer in line with the latest financial watchdog ASF data, estimates it will near the RON3 billion threshold in terms of underwritten premiums toward the end of 2022. -
ZF English - 18:24 Oct 14, 2022
The private group Monza, controlled by Italy’s Policlinico di Monza, which has been operating the largest private cardiology hospital in Romania for over a decade, is to sell the hospital it developed in Enayati Medical City in the north of Bucharest, ZF sources say. -
ZF English - 16:30 Oct 14, 2022
The fourth-generation Dacia Duster, to be launched most likely in 2033, will be the first electric car made at Dacia's Mioveni plant, says Dacia Brand CEO Denis Le Vot. -
ZF English - 11:42 Oct 14, 2022
Romania's current account balance posted a deficit of EUR16.9 billion in January-August 2022, higher by 58% than in the same period in 2021, central bank data published on Friday (October 14) show. -
ZF English - 10:22 Oct 14, 2022
Port operator Comvex Constanta (CMVX.RO) plans to disburse RON21,572,871 dividends from its 2021 recorded and undistributed profit, the company said in a report to the Bucharest Stock Exchange. -
ZF English - 08:36 Oct 14, 2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, on Friday, October 14, climbed to 8.17% from 8.15%. -
ZF English - 08:07 Oct 14, 2022
Final electricity consumption in the first eight months of 2022 was 5.3% lower than in the same period of 2021, as consumption in the economy went down by 4.5%, household consumption dropped by 7.7% and public lighting rose by 3.8%, in line with statistics board (INS) data. -
ZF English - 04:00 Oct 14, 2022
Taco Bell, a Mexican-inspired restaurant chain, part of the Sphera Franchise Group, which has been present on the local market for five years, will open its fifteenth location this year at the end of November in Craiova. The new restaurant will be in a food court and the investment will be around EUR450,000. -
ZF English - 21:00 Oct 13, 2022
After a 12-year development, Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, started drilling for gas in the Black Sea via the Midia Gas Development (MGD) project this June. -
ZF English - 21:00 Oct 13, 2022
Julius Meinl Romania, one of the largest actors of the premium coffee market, is preparing to invest approximately half a million euros over the next year to strengthen its presence in the on-premise segment, through a concept created for businesses in this sector. -
ZF English - 17:24 Oct 13, 2022
Romania's finance ministry raised RON300 million on Thursday (Oct 13) selling bonds maturing in February 2032, at an annual average yield of 9.24%. -
ZF English - 17:14 Oct 13, 2022
Greek-held company Softone Group, present on the local market through its subsidiary SoftOne Romania, is acquiring a majority stake of 61.7% in cosmoONE, Greece’s largest developer of electronic solutions for B2B acquisitions. -
ZF English - 16:51 Oct 13, 2022
Lender Raiffeisen Bank on Thursday (Oct 13) said it increased the interest rates on deposits in foreign currency, for individuals, to 0.5% per year for euro deposits and to 2% per year for dollar deposits. -
ZF English - 16:29 Oct 13, 2022
Global Vision and Globalworth Industrial, Globalworth’s logistics and industrial sub-brand, are expanding their joint portfolio with Mures City Logistics, an industrial and logistics project covering a total area of 37,900 square meters in Targu Mures. -
ZF English - 16:00 Oct 13, 2022
Over a third (36%) of Generation Z youths postpones the intention of starting a business, the findings of the third edition of the “Insights PulseZ” survey shows. -
ZF English - 15:26 Oct 13, 2022
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lender OTP Bank. -
ZF English - 13:28 Oct 13, 2022
Mediapost Hit Mail Group has acquired 60% of the shares of digital marketing and communications agency Ideologiq and the remaining 40% are still held by the agency founders, Adrian Apostol and Adrian Ichim. -
ZF English - 12:44 Oct 13, 2022
Parcel delivery company Nemo Express Logistic (Nemo Express) filed for insolvency on October 11, 2022, with two creditors – Capital Fleet Services SA and Premium Store SRL joining the move, ZF has found from a Justice Ministry portal listing court cases.