Romania Feed
-
ZF English - 18:01 Aug 09, 2022
TESLA Energy Storage, a company established in June and part of the Czech Republic’s TESLA group, a manufacturer of energy industry equipment, intends to make a RON450 million investment in Romania and has applied for RON201.4 million state aid, Finance Ministry data show. -
ZF English - 17:13 Aug 09, 2022
Cyber security company SafeTech Innovations (SAFE.RO) has notified the market of the start of the program to buy back its own shares held between August 9, 2022 and February 5, 2024. -
ZF English - 16:44 Aug 09, 2022
Entrepreneur Vladimir Cohn, known for his businesses in the field of paper manufacturing, has applied for state aid worth RON185.4 million that will be part of an investment worth almost RON1.4 billion (EUR285 million) in a new production unit. -
ZF English - 16:16 Aug 09, 2022
Ride-sharing company Uber, which offers smartphone users an alternative transport method via a mobile application, has launched its operations in the city of Baia Mare, which becomes the 20th city in Romania in which the ridesharing service is available, the company said in a statement. -
ZF English - 15:54 Aug 09, 2022
Romania’s finance ministry increased by RON1 billion (almost EUR200 million), to RON7.38 billion from RON6.38 billion, the maximum budget of the state aid scheme for investments with a major impact on the country’s economy. -
ZF English - 15:08 Aug 09, 2022
Germany’s Daimler Group, which owns the Star Assembly company in Sebes and is the third largest exporter in Romania, is seeking RON185 million state aid for a total investment of RO675 million, the Finance Ministry announces in a document on its website. -
ZF English - 14:08 Aug 09, 2022
Banks have crossed the line and taken the ROBOR rate above the central bank’s policy interest rate, Romania’s central bank governor Mugur Isarescu said Tuesday at a press briefing on the latest quarterly inflation report. -
ZF English - 12:43 Aug 09, 2022
Precast concrete manufacturer Somaco Grup Prefabricate has appointed Gabriel Ristoiu to the position of General Manager, starting August 1, 2022. -
ZF English - 10:25 Aug 09, 2022
Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented by central bank governor Mugur Isarescu on Tuesday (August 9). -
ZF English - 09:24 Aug 09, 2022
The Romanian Ministry of Research, Innovation and Digitalization has announced the launch of a call to support small and medium-sized enterprises (SMEs) to increase the competitiveness of the labor force in key technical fields such as programming/coding, data analytics, cybersecurity, computer-assisted design, and additive manufacturing. -
ZF English - 09:12 Aug 09, 2022
Deloitte Romania has assisted Hili Properties, the strategic real estate investment division of Malta’s Hili Ventures Group, in acquiring 75% of the shares of Baneasa Real Estate, the owner of the MIRO office building in Bucharest’s Baneasa area, from Belgian real estate developer Speedwell. -
ZF English - 08:04 Aug 09, 2022
Luxury jewelry store chain Teilor, with bonds listed on the Bucharest Stock Exchange, is further expanding in Hungary by opening its third store in Budapest and reaches a 62-unit network in five countries of Central and Eastern Europe. -
ZF English - 07:49 Aug 09, 2022
Romania’s trade balance posted a deficit of EUR15.3 billion in January-June 2022, EUR4.74 billion higher than in the same period of 2021, in line with data from the country’s statistics board INS. -
ZF English - 07:30 Aug 09, 2022
SAP Romania, the local subsidiary of Germany’s business software solutions developer of the same name, ended 2021 with turnover worth above RON476.7 million (EUR96.8 million), over 10% higher than in 2020, when the company’s turnover dropped by more than 16%. -
ZF English - 07:14 Aug 09, 2022
Ardealul Carei, one of the biggest vegetable oil producers controlled by local entrepreneurs, for 2021 reported turnover of around RON416.5 million (EUR84.6 million), up around 61% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:03 Aug 09, 2022
Astra Vagoane Calatori, a major player on Romania’s rolling stock market, controlled by entrepreneur Valer Blidar, currently has 75 jobs available at its Arad plant. -
ZF English - 06:55 Aug 09, 2022
Romanian company Top Seeds, a provider of integrated solutions for agriculture, is due to complete total investment of EUR4.7 million this year to acquire a farm and a grain warehouse, explained Oana Leahu, Top Seeds executive manager. -
ZF English - 06:41 Aug 09, 2022
Romanian entrepreneur Cristian Erbasu has budgeted investments of above EUR50 million in the next three years in the businesses he owns in the fields of constructions, real estate and dairy production. -
ZF English - 17:44 Aug 08, 2022
The Polisano Pharma SRL pharmacies held by Daniela Ioana Vonica and Valentina Bîrsan, were acquired by Marcos Provit, part of Evofarm Group, which operates in pharmaceutical distribution and retailing. -
ZF English - 16:50 Aug 08, 2022
GreenGroup, a group of firms active in the recycling sector and majority owned by investment fund Abris Capital Partners, has acquired UAB Ecso, a Lithuanian LDPE (Low Density Polyethylene) recycling company.