Romania Feed
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ZF English - 16:36 Dec 15, 2020
U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ five people, namely, a store manager, two service technicians, a service manager and a sales advisor. -
ZF English - 16:11 Dec 15, 2020
Laurentiu Duica, Partner & Head of Industrial Agency within real estate consulting firm Colliers International, believes Romania is halfway regarding the development of the logistics and industrial space market which he expects to exceed eight million square meters over the next four-five years, double compared to the current level. -
ZF English - 14:09 Dec 15, 2020
SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software solutions integrator with its main headquarters in Greece and its office in capital Bucharest. -
ZF English - 10:43 Dec 15, 2020
Real estate consulting company Cushman & Wakefield Echinox advised online retailer eMAG on the DEKRA Trusted Facility audit and certification process, which confirms Covid-19 safety measures taken at its warehouses, showrooms and offices in Bucharest and Giurgiu county are up to par. -
ZF English - 09:54 Dec 15, 2020
Romanian nuclear power producer Nuclearelectrica (SNN.RO) has signed a RON242.5 million bilateral contract to provide electricity to Slovenia's GEN-I throughout 2021. -
ZF English - 09:47 Dec 15, 2020
The residential sector remains one of the most attractive investments on the Romanian real estate market, with yields above other countries in the region, attracting local and institutional investors who buy thousands of apartments with minimum yields of 6.5%-7%, a report by JLL showed Tuesday. -
ZF English - 09:28 Dec 15, 2020
Lender Patria Bank (PBK.RO), 83.2% owned by investment fund EEAF Financial Services Amsterdam, listed corporate bonds totaling EUR8.19 million on the Bucharest Stock Exchange Tuesday, under the symbol PBK28E. -
ZF English - 09:07 Dec 15, 2020
The growth of online sales amid the COVID-19 pandemic also shows in the revenue of Farmacia Tei, which got 18% of it via online sales this year, double as much as in 2019. -
ZF English - 08:35 Dec 15, 2020
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows. -
ZF English - 08:12 Dec 15, 2020
Romanian Banca Comerciala Feroviara is changing its name top Techventures Bank following changes in its shareholding structure.
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ZF English - 07:49 Dec 15, 2020
Franchised LaDoiPasi store chain launched by Germany’s Metro has grown to 1,400 stores, which makes it the retailer with the largest network, beating Profi by only a few stores. -
ZF English - 19:19 Dec 14, 2020
Real estate consulting company CBRE has advised Austrian developer S IMMO on the transaction whereby it acquired Bucharest-based office buildings Campus 6.2 and Campus 6.3 developed by Swedish real estate developer Skanska. -
ZF English - 18:46 Dec 14, 2020
The top ten postal and courier companies reported an aggregate turnover of RON2.8 billion in 2019, 15% higher than in 2018, according to ZF calculations and data provided by confidas.ro, and more than 7,500 employees, some 100 more than a year before. -
ZF English - 18:06 Dec 14, 2020
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, said Monday in a stock market report that the investment funds managed by Allianz Ţiriac have reached a holding of 5.25% of the lender’s share capital. -
ZF English - 16:24 Dec 14, 2020
Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, is delivering the second development phase of the Luxuria Residence complex in Bucharest’s Expozitiei area. -
ZF English - 14:40 Dec 14, 2020
One United Properties, a real estate developer controlled by Victor Capitanu and Andrei Diaconescu, said it took over the management for luxury residential project Rahmaninov Residence in capital Bucharest, from Dorin Mateiu, the former owner of cold cuts producer Elit Cugir. -
ZF English - 13:43 Dec 14, 2020
Romanian company Tellence, which provides high-tech software and engineering services, is extending its collaboration with Redis Labs in order to establish a research and development (R&D) center in the field of cloud-based services, in capital city Bucharest. -
ZF English - 12:34 Dec 14, 2020
Romania's finance ministry on Monday raised 500.5 million lei (EUR102.7 million), versus a RON400 million target, selling bonds maturing in September 2031 at an average yield of 3.40%, central bank data showed. -
ZF English - 10:43 Dec 14, 2020
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday. -
ZF English - 10:03 Dec 14, 2020
The number of real estate deals in Romania stood at 60,183 in November 2020, 23,492 fewer than in October, data from the national cadaster agency ANCPI showed Monday.