Romania Feed
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ZF English - 11:38 Nov 26, 2020
By the end of the decade, a third of all new car sales worldwide will be electric, which would bring the total number of electric vehicles (EVs) sold in a single year to 31.1 million globally, ten million more than previously forecast, according to new analysis from Deloitte. -
ZF English - 11:24 Nov 26, 2020
Delivery firm Urgent Cargus, the second largest in Romania, has inaugurated a second warehouse near Bucharest in a EUR7.4 million investment that doubles its sorting capacity in Bucharest. -
ZF English - 10:20 Nov 26, 2020
Carmistin Group, specialized in the production, processing and sale of meat, has contracted a syndicated credit facility worth RON427 million (approximately EUR90 million). -
ZF English - 09:42 Nov 26, 2020
Tiriac Imobiliare has appointed real estate consulting firm Colliers with a view to obtaining the WELL Health-Safety certification for its mixed portfolio of projects, being the first real estate developer to take this step on the local market, in the context of the COVID-19 pandemic. -
ZF English - 09:13 Nov 26, 2020
Electronics retailer Altex continues its expansion strategy across Romania, by opening a new store, in Calarasi, following an of EUR1 million. -
ZF English - 08:47 Nov 26, 2020
Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Thursday it recorded gross underwritings of EUR354.8 million in Romania in January-September 2020, up 3.7% on the year. -
ZF English - 07:59 Nov 26, 2020
Hidroconstructia, one of the largest construction companies in Romania, is working on 80 projects worth EUR253 million and saw a 60% increase in revenue in the first seven months of 2020, compared with the corresponding period of last year. -
ZF English - 07:35 Nov 26, 2020
Most major banks in Romania posted lower profits in the first nine months compared with the year-ago period, due to the effects of the pandemic, which forced them to set aside larger provisions. -
ZF English - 15:13 Nov 25, 2020
Romania's financial regulator has approved the registration in view of trading for bonds issued by Agroserv Mariuta SA, which owns the dairy brand Laptaria cu Caimac. -
ZF English - 14:24 Nov 25, 2020
Shareholders of organic fertilizer producer Norofert (NRF.RO) on Wednesday approved the company's stock option plan and a share capital hike by a cash contribution of RON220,000 and issuing new shares. -
ZF English - 14:12 Nov 25, 2020
In Romania 46% of investors cancelled, decreased or paused investments, while 51% did no changes or increase in their investment plans, according to the EY Attractiveness Survey Romania, the first EY attractiveness survey dedicated to the Romanian market. -
ZF English - 10:50 Nov 25, 2020
Romania will be receiving a first tranche of EUR3 billion from a European Union loan under the SURE support instrument, finance minister Florin Citu announced Wednesday. -
ZF English - 10:37 Nov 25, 2020
Lawyers of PeliPartners law firm have assisted real estate developer Jupiter Group throughout the process of selling Jupiter City Shopping Center to Austria’s private real estate company Supernova. -
ZF English - 10:19 Nov 25, 2020
Expo Market Doraly, one of Romania’s biggest shopping parks specialized in home items and food products, located in the township of Afumati (Ilfov county), will be hosting a new cash&carry store brand, called Noi, as of the end of November 2020. -
ZF English - 09:55 Nov 25, 2020
Nusco Imobiliara, a real estate developer held by the Nusco Family, has started a new residential project in Bucharest’s Pipera area, where it also has the Pinum showroom and a door factory. -
ZF English - 08:17 Nov 25, 2020
Paver manufacturer Elis Pavaje in Alba County, posted growth of about 20% in revenue in the first half, compared with the year-ago period, and expects full-year growth to be even higher, its officials say. -
ZF English - 07:47 Nov 25, 2020
Retailers and especially the online ones have started to diversify portfolios to be able to cope with fiercer and fiercer competition and meet customer demand to find everything in one place. -
ZF English - 16:08 Nov 24, 2020
Romania's central bank monetary policy board decision of November 12 were unanimous and maintaining confidence in the domestic currency was key to monetary policy conduct in 2020, according to the meeting's minutes released Tuesday. -
ZF English - 14:20 Nov 24, 2020
German discount chain Lidl announced Tuesday it was extending employee benefits and will be doubling Christmas bonuses this year up to RON800 per employee, as well as new life insurance that includes Covid coverage. -
ZF English - 13:19 Nov 24, 2020
Romanian airline Blue Air on Tuesday said it would introduce daily flights on Bucharest (Romania) - London Heathrow (UK) route, starting December 1, 2020, due to increased demand.