Romania Feed
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ZF English - 08:57 Apr 01, 2021
Ziv Gigi will be running the operations of GTC (Global Trade Center) on the Romanian market. Gigi will be replacing the company’s Chief Executive Officer Bogdan Jigman. -
ZF English - 08:01 Apr 01, 2021
NN Pensii, the largest private pension fund in Romania, joined the shareholding structure of nuclear power producer Nuclearelectrica (SNN.RO) in December 2020, one of the largest companies held by the Romanian State, by acquiring the bulk of the stake put up for sale by property restitution fund Fondul Proprietatea. -
ZF English - 07:38 Apr 01, 2021
Enel Green Power Romania signed an agreement to develop a renewable energy project of more than 1,000 MW with Monsson Alma early in 2021, the representatives of the Monsson group say. -
ZF English - 06:54 Apr 01, 2021
This year will be more difficult than the first year of the pandemic, whose impact will be stronger in 2021, believes Daniel Gross, the chief executive officer of German-held discount store chain Penny in Romania. -
ZF English - 06:31 Apr 01, 2021
With a harvest of 10.8 milion tons of corn in 2020, Romania lost the top spot among producers in the EU, after having held it in 2018 and 2019 with 17 million to 18 million ton production, National Statistics Institute data show. France therefore became the leader by corn production in the EU again, with a 13.3 million ton harvest. -
ZF English - 15:53 Mar 31, 2021
Baneasa Developments, which operates Baneasa Shopping City in northern Bucharest, reported a 31% drop in turnover and its profit halved in 2020, a tough year for retail as malls were closed during a two-month lockdown. -
ZF English - 15:39 Mar 31, 2021
Romanian state-owned natural gas producer Romgaz has submitted a binding bid to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, the company said in a stock market report Wednesday. -
ZF English - 13:02 Mar 31, 2021
Coca-Cola HBC Romania, the leader of the local soft drink market, has bought 50% of online business-to-business platform Stockday, developed and owned by Heineken Romania. -
ZF English - 12:40 Mar 31, 2021
Romania's finance ministry launches three new bond issues for the general population Thursday, April 1, which can be subscribed by April 26. -
ZF English - 12:35 Mar 31, 2021
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) is listing on Thursday, April 1, its second corporate bond issue on the Bucharest Stock Exchange under the ticker symbol HUNT25. -
ZF English - 11:49 Mar 31, 2021
The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a report on Europe and Central Asia released Wednesday. -
ZF English - 11:15 Mar 31, 2021
Japan Tobacco International (JTI), one of the largest cigarette manufacturers in Romania, will invest EUR60 million in modernizing the production capacities of its factory in Romania. -
ZF English - 10:24 Mar 31, 2021
Romanian state-owned hydropower producer Hidroelectrica has contracted a 7-year loan amounting to RON1.25 billion from lender BRD to invest in green energy projects. -
ZF English - 08:55 Mar 31, 2021
Audit and consulting firm PwC Romania on Wednesday said Dinu Bumbacea would run its local operations starting July 1, 2021. -
ZF English - 08:07 Mar 31, 2021
Romania registered 40 mergers and acquisitions (M&A) transactions in 2020, 27% fewer on the year, and transactions with disclosed values amounted to EUR1.7 billion, more than double compared to 2019. -
ZF English - 07:29 Mar 31, 2021
Software and technology company Qualitance and Patria Bank have concluded a partnership aimed at developing digital products for the bank’s clients. -
ZF English - 07:26 Mar 31, 2021
Fixed and mobile communications group Digi (DIGI.RO) held by Oradea businessman Zoltan Teszari, on Monday night announced its most painful business decision ever: the exit from its second most important market and the first it expanded to, Hungary. -
ZF English - 07:07 Mar 31, 2021
Franchised store chain LaDoiPasi, developed by Germany’s METRO Cash&Carry, continues its expansion process, reaching over 1,470 proximity stores across Romania. -
ZF English - 06:55 Mar 31, 2021
Romania currently has 1,000 EV charging stations besides its about 2,000 regular gas stations, ZF has calculated, in an attempt to analyze a very dynamic segment of the market, which is just beginning and lacks a centralized platform to monitor such investments. -
ZF English - 15:57 Mar 30, 2021
Pharmaceutical wholesaler and retailer group Dona, owned by Eugen Banciu, had a consolidated turnover of RON1.48 billion in 2020, up 9% on the year.