Romania Feed
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ZF English - 16:33 Jul 14, 2022
Eight in ten Romanians believe that climate change is caused by human activities and 67% of them have already adjusted their purchasing behavior to limit the negative impact on the natural environment, according to the Deloitte study Sustainable Actions Index, conducted in 26 countries. -
ZF English - 16:16 Jul 14, 2022
Furniture maker and retailer Mobexpert, held by entrepreneur Dan Sucu, together with real estate developer Global Vision, founded and run by Sorin Preda, are teaming up to develop and equip office spaces for Romanian small and medium-sized enterprises (SMEs). -
ZF English - 13:46 Jul 14, 2022
Romania’s economy is expected to grow by 3.9% in 2022 and by 2.9% in 2023, the European Commission said in its summer economic forecast. -
ZF English - 13:42 Jul 14, 2022
Agroland Business System (AG.RO), the Romanian retail, agriculture and food entrepreneurial group which owns the largest network of agricultural stores in Romania, announced in a stock market report on Thursday (July 14) the opening of the 20th Agroland MEGA store in Romania. -
ZF English - 13:20 Jul 14, 2022
Romania's current account balance posted a deficit of EUR10.2 billion in January-May 2022, higher by 80% than EUR5.69 billion reported in the same period in 2021, central bank data showed on Thursday (July 14). -
ZF English - 13:05 Jul 14, 2022
Romanian authorities seized more than 41 million contraband cigarettes with a market value of over RON26 million (more than EUR5 million) in the first half of 2022, according to British American Tobacco (BAT) data citing www.stopcontrabanda.ro website BAT started in 2017. -
ZF English - 10:22 Jul 14, 2022
Paval Holding, the investment vehicle of brothers Adrian and Dragos Paval who own do-it-yourself (DIY) retailer Dedeman, has recently established the company Grunman Energy which will generate electricity via solar power plants installed on the rooftops of Dedeman’s seven logistics centers in Romania. -
ZF English - 09:21 Jul 14, 2022
Cosmetics importer and wholesaler Sarantis Romania, held by Greece’s Sarantis Group, has budgeted a 11.6% increase in turnover up to RON453 million for 2022. -
ZF English - 08:26 Jul 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, has increased to 7.05% a year on Thursday (July 14) from 6.99% a year on Wednesday (July 13), as per central bank data. -
ZF English - 19:16 Jul 13, 2022
Hungarian builder Kesz is building a construction materials factory in Romania in Turda. -
ZF English - 18:31 Jul 13, 2022
Pharmaceutical wholesaler Ropharma Logistic, a business that emerged in 2014 after large pharmacy chains were forced to separate distribution from retail, has grown steadily in recent years and plans to invest RON4.2 million in 2022, the company said. -
ZF English - 17:13 Jul 13, 2022
Vitesco Technologies, a leading company in the field of modern powertrain technologies and electrification solutions and a spin-off of the Continental Group and former Continental Powertrain, will develop and produce power electronics systems in a so-called "One Box" for electric and hybrid powertrains together with the Renault Group. -
ZF English - 17:04 Jul 13, 2022
The partnership between OMV Petrom and Auchan Retail Romania, which stipulates the opening of MyAuchan proximity stores in Petrom filling stations, continues with 80 more units to be inaugurated until the end of 2022, OMV Petrom said in a stock market report on Wednesday (July 13). -
ZF English - 16:00 Jul 13, 2022
Amid increased telework phenomenon visible in the technology & IT sector, Equatorial, a company supporting the development of software skills via dedicated leadership programs and adapted to the specific needs of IT&C, has launched a representative survey among team leaders in Romania. -
ZF English - 15:53 Jul 13, 2022
ROCA Investments, a Romanian private equity company part of Impetum Group, has launched ROCA Agri RDF, a holding specialized in agriculture. -
ZF English - 15:22 Jul 13, 2022
Insurer Euroins Romania sold 1.2 million policies for all its insurance products in the first quarter of 2022, compared with 900,000 in the year-ago period and the number of customers increased by 36%, the company said. -
ZF English - 15:13 Jul 13, 2022
The Board of Directors of Euroins Insurance Group (EIG) will have three new members, respectively Todor Danailov, Kremena Pateva and Prasun Singhal. -
ZF English - 14:57 Jul 13, 2022
Simtel Team, a Romanian engineering and technology company, said it built 31 photovoltaic power plants for do-it-yourself retailer Dedeman, during a period of over three years of collaboration. -
ZF English - 14:19 Jul 13, 2022
The number of real estate companies grew by over 20% over the last four years across Romania, reaching a total 18,653, in line with data from the National Trade Register. -
ZF English - 12:47 Jul 13, 2022
The Kazakh-Romanian Energy Investment Fund (KREIF), controlled by KMG International and the Romanian State, has contracted a loan of RON119 million (about USD$24.75 million) from OTP Bank Romania for the expansion of Rompetrol gas stations by 23 units.