Romania Feed
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ZF English - 16:27 Dec 17, 2020
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, continues its investments and announces the opening of two new units, in Bucharest’s Tineretului neighborhood and within the Ana Tower building, near Romexpo, in Bucharest as well. -
ZF English - 14:48 Dec 17, 2020
Building materials retailer MAM Bricolaj, held by the Gavan family, has acquired 50% of the shares of company Geomam Pal Group, for a total amount of RON825,000. -
ZF English - 12:54 Dec 17, 2020
Romania's finance ministry on Thursday raised 1.255 billion lei (EUR257.7 million), above its RON700 million target, selling bonds maturing in November 2024 at an average yield of 2.63%, central bank data showed. -
ZF English - 10:51 Dec 17, 2020
Hidroelectrica, Romania's biggest hydropower producer, will lower electricity prices for its existing household consumers from RON0.255/kWh to RON0.245/kWh in the first half of 2021. -
ZF English - 09:48 Dec 17, 2020
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has signed the acquisition of 75% in pharmaceutical wholesaler Pharmachem Distributie SRL. -
ZF English - 09:33 Dec 17, 2020
New car registrations in the European Union fell 25.5% in the first 11 months of 2002, to 8.9 million units, and by 12% on the year in November, ACAROM data showed Thursday. -
ZF English - 08:55 Dec 17, 2020
ROCA Investments has acquired 20% of dairy company Artesana, owned by Alina and Daniel Donici, to support the company's development and a EUR4.6 million investment in a second factory in Tecuci. -
ZF English - 08:20 Dec 17, 2020
Fashion retailer C&A, one of the largest in the world, is working with only eight partner factories in Romania, compared with 20 in 2019 and about 40 four years ago. -
ZF English - 07:50 Dec 17, 2020
Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher than in 2019. -
ZF English - 18:52 Dec 16, 2020
Investment fund Fondul Proprietatea (FP.RO) announced Wednesday on the stock market the closing of the public tender offer for the purchase of shares or global depositary receipts (GDR). -
ZF English - 14:20 Dec 16, 2020
Shareholders of MedLife (M.RO), the leader of the private medical services market in Romania, on Tuesday approved an increase of the company’s share capital by RON27.7 million, up to RON33.2 million, by issuing a number of 110.7 million new shares, with a nominal value of RON0.25 per share, per a stock market report. -
ZF English - 09:20 Dec 16, 2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments. -
ZF English - 09:08 Dec 16, 2020
Romania's leading electronics retailer Altex announced the opening of a new store in Bucharest following an investment of EUR1 million. -
ZF English - 08:56 Dec 16, 2020
Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year in October as well as the highest monthly level in 14 years. -
ZF English - 08:23 Dec 16, 2020
German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well. -
ZF English - 07:58 Dec 16, 2020
Computer and electronics retailer Altex, the leader of this market in Romania, has invested EUR27 million in business development this year, choosing to continue expansion despite the COVID-19 pandemic. -
ZF English - 19:33 Dec 15, 2020
The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON73.1 billion at the end of November 2020, reaching a record level and increasing by nearly 18% since the beginning of 2020, data from Romania’s financial watchdog ASF showed Tuesday. -
ZF English - 19:09 Dec 15, 2020
Romania's economy may perform better in the last quarter of 2020 compared to the EU average, as a result of the dissipation of the basic effects induced by the agricultural sector, Csaba Bálint, member of the Executive Board of Romania’s central bank, said Tuesday. -
ZF English - 18:03 Dec 15, 2020
German-held discount retailer Kaufland, the leader of the local grocery retail market by sales, opened a new hypermarket, in Sovata spa resort (Mures County), on December 15, 2020. -
ZF English - 17:04 Dec 15, 2020
Romanian farmland operator Holde Agri Invest (HAI.RO) said Tuesday in a stock market announcement that Certinvest Management Solutions, a company managed by Eugen Voicu, Legal Representative and Sole Administrator of Holde Agri Invest, sold a total 419,077 shares in the company, at a price of RON1.3 per unit, on December 14.