Romania Feed
-
ZF English - 07:06 May 08, 2023
Compania Industrializarea Carnii (Kosarom), part of Kosarom group operating in the meat industry, a business founded by entrepreneur Neculai Apostol around 31 years ago, for 2022 reported turnover worth RON219.7 million (EUR44.5 million), up around 19% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:59 May 08, 2023
SW Umwelttechnik Romania, the local subsidiary of the Austrian company with the same name, a maker of precast concrete products, saw its turnover go up by 38% in 2022, to almost RON190 million. -
ZF English - 06:52 May 08, 2023
Aerostar Bacau (ARS.RO) a company that makes aircraft parts and provides aircraft maintenance services, in the first quarter of 2023 posted net profit worth RON30.1 million, up 50.1% from the year-earlier period, and RON124.7 million turnover, 19.6% higher from 1Q/2022, in line with ZF calculations based on the company’s financial report. -
ZF English - 07:30 May 06, 2023
Banca Transilvania financial group reported a consolidated net profit of RON837.7 million for the first quarter of 2023, of which lender Banca Transilvania's profit is RON675.9 million. -
ZF English - 20:38 May 05, 2023
The association formed by the Alpla Group (Austria), Ecohelp SRL (Romania) and United Polymer Trading (Switzerland) on Thursday (May 4) inaugurated a PET flakes processing factory in Targu Mures, following an investment of EUR7.5 million. -
ZF English - 15:40 May 05, 2023
Romanian state-owned lender CEC Bank ended 2022 with an audited net profit of RON424.3 million, up 16% from 2021, and net interest income of RON1.54 billion, up 43% on the year. -
ZF English - 13:23 May 05, 2023
Romanians bought medicines worth RON26.8 billion (EUR5.44 billion) in the period April 2022 – March 2023, at wholesale prices, 20% more than in the year-earlier period, in line with the Cegedim Customer Information report. -
ZF English - 11:00 May 05, 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.3% in unadjusted data and by 6.7% when adjusted for seasonality and number of working days, in March 2023 compared to March 2022, data from the country’s statistics institute INS showed on Friday (May 5). -
ZF English - 10:04 May 05, 2023
New registrations of road vehicles for passenger transport in Romania increased by 3.5% In the first quarter of 2023 compared to the first quarter of 2022, data from the country’s statistics institute INS showed on Friday (May 5). -
ZF English - 07:30 May 05, 2023
Raiffeisen Bank Romania in the first quarter of 2023 posted RON414 million net profit, from RON218 million in the same period of 2022, amid intense lending activity for all business segments, the good risk profile of customers and in the context of the increase in market rates compared to Q1 2022. -
ZF English - 07:13 May 05, 2023
The Bucharest Stock Exchange (BVB), the operator of Romania’s capital market, for the first quarter of this year reported consolidated revenues worth RON12.86 million, down 18% from the same period of 2022, and 68% lower net profit at RON1.76 million amid falling operating revenues and rising operating expenses. -
ZF English - 06:55 May 05, 2023
Rares Florea, CEO of winemaker Domeniile Averesti, says Romania’s wine market is doing well, with the company’s sales reaching RON27 million last year, around RON5 million more than in 2021. For 2023, he expects a 20% increase. -
ZF English - 20:00 May 04, 2023
Luxury jewelry chain Teilor, with two bond issues listed at the Bucharest Stock Exchange, has announced Thursday evening that Willy Dicu will step down from the position of Chief Executive Officer (CEO) of the company. -
ZF English - 19:59 May 04, 2023
Bittnet Systems (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange, has notified investors that its Board of Directors decided to conduct a primary public offering to sell unsecured corporate bonds of RON5 million. -
ZF English - 19:23 May 04, 2023
Small investors bought about RON2.9 million worth of shares in the first day of the Agricover Holding initial public offering on the Bucharest Stock Exchange, Thursday, May 4, 2023, ZF has found from brokers’ platforms. -
ZF English - 18:48 May 04, 2023
Romania's finance ministry raised RON1.78 billion on Thursday (May 4, 2023) through two government bond issues, at annual average yields of 7.34% and 7%, respectively. -
ZF English - 18:39 May 04, 2023
Metropolitan Life, the second largest player on the life insurance market in terms of underwritings, ended 2022 with a volume of underwritten gross premiums of RON597 million, up 14% versus 2021, as per data provided by the company. -
ZF English - 18:31 May 04, 2023
Candidates’ salary expectations are on average 30% – 40% higher than employers’ offers, according to data from Salario, a platform developed by online recruitment website eJobs. -
ZF English - 18:07 May 04, 2023
Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sources told ZF. -
ZF English - 17:40 May 04, 2023
Cosmetics producer Farmec plans to invest more than EUR40 million over the next years to relocate the entire production to the Apahida commune where it is already manufacturing a part of its products.