Romania Feed
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ZF English - 11:27 Oct 13, 2022
Euro Tower, a Class A office building owned by Cascade Group in capital city Bucharest, has officially become the first LEED Zero Carbon certified building in Romania. -
ZF English - 11:14 Oct 13, 2022
The American Chamber of Commerce in Romania (AmCham Romania) signals a new attempt to place the chambers of commerce type of associations under the control of the National Chamber and calls for the dismissal of this initiative that distorts and restricts the associative environment in Romania. -
ZF English - 11:07 Oct 13, 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, has increased to 8.15% a year on Thursday (Oct 13) from 8.11% a year on Wednesday (Oct 12), as per central bank data. -
ZF English - 08:33 Oct 13, 2022
Alro Slatina, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, has been declared as “selected investor” following a public tender organized by Complexul Energetic Oltenia (CEO) to build together a natural gas power generation plant at Isalnita. -
ZF English - 08:05 Oct 13, 2022
Intesa Sanpaolo Bank has launched an online lei payments service allowing transfers in 10 seconds at most since payment initiation, with the instant inter-baking payment system being increasingly sought-after, both by retail clients and legal persons. -
ZF English - 07:12 Oct 13, 2022
Timis-based freight carrier World Mediatrans, one of the most dynamic companies in the field, founded in 1997 by Gabriel Lungu, expects 2022 turnover to rise by 20% from 2021. -
ZF English - 07:04 Oct 13, 2022
Dairy producer Artesana has carried out investments worth around EUR1 million this year, in new equipment, retooling works and a photovoltaic system with a capacity of as much as 200 kW, explained Daniel Donici, co-founder of the company. -
ZF English - 06:53 Oct 13, 2022
Dorin Preda, executive director of MedLife, says the company wants to be a EUR1 billion player in 5-10 years. -
ZF English - 18:57 Oct 12, 2022
Time International textile factory in Alexandria, Teleorman, which started mask production during the pandemic, is still making masks, but a much lower capacity compared with the beginning of the health crisis. -
ZF English - 17:43 Oct 12, 2022
Fiberglass mesh manufacturer BICO Industries, controlled by the ROCA Industry holding company (ROC1.RO, Holdingrock1 at the Trade Register), signed two contracts to buy 55% of the share capital of the Moldovan company Europlas on October 12, according to a report published on the Bucharest Stock Exchange. -
ZF English - 16:21 Oct 12, 2022
The Romanian Government on Wednesday (October 12) adopted, at the proposal of the Ministry of Energy, an emergency ordinance on establishing a state aid scheme of EUR1.5 billion, for the period 2022-2030, for companies operating in energy-intensive sectors. -
ZF English - 15:49 Oct 12, 2022
Real estate developer One United Properties on Wednesday (Oct 12) said it obtained the building permit for Phase 2 of One Mamaia Nord, a project under development on the Romanian seaside. -
ZF English - 15:12 Oct 12, 2022
German semiconductor manufacturer Infineon Technologies is enhancing its presence in Romania by opening a research-development (R&D) center in Iasi (north-eastern Romania) where engineers will design chips for the automotive industry. -
ZF English - 15:00 Oct 12, 2022
Dutch-held group of firms DN AGRAR, the market leader in cow milk production in Romania, has completed the modernization works of the milking parlors at the Apold farm. -
ZF English - 14:47 Oct 12, 2022
Law firm Reff & Asociaţii Î Deloitte Legal provided legal assistance to investment fund NEPI Rockcastle in the acquisition of the stake held by Carrefour in the shopping center Ploiesti Shopping City. -
ZF English - 14:38 Oct 12, 2022
Sadalbari SRL, the majority shareholder of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), on Tuesday (Oct 11) bought a total 9.15 million Romcab shares in a transaction held on the DEALS market. -
ZF English - 13:08 Oct 12, 2022
Information Technology (IT) remains one of the privileged sectors in Romania terms of salaries, with the majority of IT employees (32.6%) earning between RON4.000 and RON7.000 per month and 21% between RON7.000 and RON10.000 per month, as per data collected by Salario, a platform developed by Recruitment website eJobs. -
ZF English - 11:45 Oct 12, 2022
Banca Comercial Romana (BCR) has listed on Wednesday (October 12) a new issue of corporate bonds, worth RON334 million, under the stock ticker BCR28C. -
ZF English - 11:30 Oct 12, 2022
OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Wednesday (October 12) that it would invest almost EUR130 million in the next three years to build a new unit of aromatic products at the Petrobrazi refinery. -
ZF English - 11:18 Oct 12, 2022
Romania’s industrial production fell by 1.2% in unadjusted data in January-August 2022 versus the same period of 2021 and by 2% when adjusted for seasonality and number of working days, data from the country’s statistics board INS showed Wednesday (Oct 12).