Romania Feed
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ZF English - 07:48 Jul 26, 2022
Alex Bratu, country manager at JYSK Romania and Bulgaria, one of the biggest furniture and home décor retailers locally, says the company plans to open four more stores by yearend beside the 12 already opened since the start of the year. -
ZF English - 07:34 Jul 26, 2022
Restaurant group City Grill has a RON24 million investment budget for 2022, 3-4 times bigger than in 2020 and 2021, marked by the Covid-19 pandemic, which pummeled the hospitality industry. -
ZF English - 07:22 Jul 26, 2022
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italy’s Natuzzi, for 2021 reported turnover of RON296.4 million (EUR60.2 million), 23% higher on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:13 Jul 26, 2022
Mondelez Romania Snacks Production (the former Chipita Romania), the main player on Romania’s croissant market, taken over by US giant Mondelez in an international deal, in 2021 registered turnover worth almost RON566.6 million (over EUR115 million), up 13% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:06 Jul 26, 2022
Elit, one of Romania’s biggest cold cuts producers, for 2021 reported net profit worth almost RON60 million (EUR12.2 million), up 9% on the year. -
ZF English - 06:58 Jul 26, 2022
Bistrita-based car battery maker Rombat, controlled by South Africa’s Metair, for 2021 reported turnover of RON488.6 million (EUR99.3 million), up 23.6% year-on-year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:50 Jul 26, 2022
Doina Cepalis, Te-Rox Prod founder and a board member at Holmbergs, which now owns the Pascani-based company, says local turnover will range between 10% and 15% this year, with growth set to be stronger next year. -
ZF English - 17:53 Jul 25, 2022
Belgium’s Carmeuse Holding, which owns three factories producing lime on the local market, posted RON230.5 million(EUR46.8 million) revenue in 2021, up 13% from the previous year, according to ZF calculations based on data from the Finance Ministry website. -
ZF English - 17:05 Jul 25, 2022
EBRD is providing EUR12.5 million in financing to Dona Group, an integrated player in the Romanian pharmaceutical market, to support the company's development plans. -
ZF English - 15:32 Jul 25, 2022
Romania's Finance Ministry on Monday reopened a bond issue due in February 2023 and borrowed RON2.1 billion from banks, more than five times the scheduled RON400 million, at an average yield of 8.70% a year. -
ZF English - 15:25 Jul 25, 2022
Austrian company HS Timber Productions (formerly Holzindustrie Schweighofer), active in the timber industry, is investing more than EUR18 million in its mills in Bacau and Covasna counties. -
ZF English - 13:54 Jul 25, 2022
Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data showed on Monday. -
ZF English - 12:31 Jul 25, 2022
Element Industrial has taken out a EUR23 million loan from Alpha Bank Romania to finance development of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North West project in the Buftea-Chitila area. -
ZF English - 08:28 Jul 25, 2022
The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, reached 7.51% a year on Monday, July 25, up 15 basis points from Friday, July 22, when it stood at 7.36% a year, in line with central bank data. -
ZF English - 08:19 Jul 25, 2022
Alesonor, the real estate developer that erected luxury housing project Amber Gardens, has got a EUR21 million funding from Banca Transilvania for the construction of 294 green housing units in the first part of Amber Forest project due to be built in Tunari area of northern Bucharest. -
ZF English - 07:58 Jul 25, 2022
CC Trust Group, a family business founded and owned by Swiss entrepreneur Claudio Cisullo, has entered Romania’s energy efficiency market with a franchise in the field of smart buildings. -
ZF English - 07:44 Jul 25, 2022
Workspace Studio, a company specialized in fitout solutions and office furniture oriented towards human–centered ergonomic design, registered EUR6 million turnover in the first six months of this year, up 20%, and targets EUR11 million by yearend, 10% more than in 2021. -
ZF English - 07:29 Jul 25, 2022
Adobe Systems Romania, the local subsidiary of the world’s biggest producer of graphic design apps, is looking to rent 25,000 square meters of offices in Bucharest and in line with ZF data the company is looking at the The Light project of Politehnica, mulling The Light Two building. -
ZF English - 07:18 Jul 25, 2022
Artprint, the first private printing house after 1990, has a RON5 million investment budget for 2022, with the money aimed at boosting activity efficiency. Some projects have already been implemented, while others are underway. -
ZF English - 07:09 Jul 25, 2022
Regional pharmacy chain Minifarm topped RON250 million turnover in 2021, after a 14% increase on the year.