Romania Feed
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ZF English - 06:33 May 13, 2021
Czech Republic’ CEZ group got CZK24.6 billion (EUR964 million) from the sale of its operations Romania to Australia’s Macquarie in the largest deal in Romania’s energy sector in the last few years, which also attracted interest from Hidroelectrica and Electrica. -
ZF English - 06:21 May 13, 2021
Romanian-held builder Bog’Art seeks to expand into road construction and to European Union member countries. -
ZF English - 15:45 May 12, 2021
If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be produced four years after that. -
ZF English - 15:03 May 12, 2021
Meat producer Sam Dor Divers, which produces pork and beef carcasses in Arges county, has taken over the former Integra meat processing unit in Chitila, near Bucharest, from Nicbac Prod Bacau, Romania's antitrust body said Wednesday. -
ZF English - 13:16 May 12, 2021
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. -
ZF English - 12:51 May 12, 2021
The air transport industry was directly hit by the pandemic, with the number of flights drastically reduced starting March 2020, and the most recent figures on commercial flights show no clear signs of recovery in April 2021, Eurostat data showed Wednesday. -
ZF English - 11:11 May 12, 2021
Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday. -
ZF English - 10:55 May 12, 2021
Italian private medical services provider Auxologico has entered the Romanian market by acquiring the Cardiorec clinic, a RON6 million business founded 9 years ago in Corbeanca, near Bucharest. -
ZF English - 10:05 May 12, 2021
Lender Libra Internet Bank plans to issue corporate bonds totaling up to EUR40 million, with fixed or variable interest, its shareholders decided in a general meeting on April 16. -
ZF English - 09:56 May 12, 2021
Telekom Romania Group on Wednesday reported an increase of 2% in the adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) after IFRS-16 in the first quarter of 2021, to EUR34.5 million, compared with the same period in 2020. -
ZF English - 09:14 May 12, 2021
American company 3Pillar Global, specialized in providing IT services, wants to employ over 100 experts at its offices in Romania, who will be able to work remotely, full-time, anywhere in the country. -
ZF English - 09:06 May 12, 2021
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) reported a net profit of RON1.1 million for the first quarter of 2021, up 86.4% from the year-earlier period, and a turnover of RON10.3 million, up 65% on the year, per data from the company’s quarterly financial report released Wednesday. -
ZF English - 08:43 May 12, 2021
Belgian-held IT solutions provider Cegeka ended 2020 with a turnover of nearly EUR33.2 million in Romania, 15.6% higher than in 2019, and exceeded the threshold of 600 employees locally. -
ZF English - 08:36 May 12, 2021
International perfumery and cosmetics chain Douglas ended 2020 with RON156.7 million sales in Romania, less than 1.5% lower than in 2019. -
ZF English - 08:33 May 12, 2021
The consolidated and audited financial results of TBI Bank for all entities of the group point to a net profit of EUR19.8 million in 2020, lower by just EUR3.1 million than the record results reported in 2019, the group said in a press statement Wednesday. -
ZF English - 08:01 May 12, 2021
Romania’s industrial production increased by 13% as gross series compared to the previous month and by 0.7% as series adjusted by number of working days and seasonality, the country’s statistics board INS said Wednesday. -
ZF English - 07:49 May 12, 2021
Rotar Residence, the developer of the Rotar Park Residence complex in the western Bucharest district of Militari, saw a drop in revenue to RON40.8 million in 2020, one third of the 2019 level, RON130.1, corporate financial analysis platform Confidas.ro data show. -
ZF English - 07:35 May 12, 2021
Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, on Wednesday reported sales of RON66.1 million for the first quarter of 2021, down 10.2% on the year, and a net profit of RON4.03 million, which is close to the level reported in the same period in 2020. -
ZF English - 07:20 May 12, 2021
Banks in Romania granted RON4.6 billion worth of new leu loans to companies in March, an increase of RON2.1 billion or 84% on the year-ago month. -
ZF English - 07:09 May 12, 2021
The European Bank for Reconstruction and Development (EBRD) has invested RON53 million (the equivalent of EUR11 million) in a senior preferred green bond issued by Raiffeisen Bank Romania, a subsidiary of the Austria-based group Raiffeisen Bank International.