Romania Feed
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ZF English - 07:20 Jul 27, 2022
Businessman Ioan Simion, founder of Sanconfind hospital of Campina opened in 2015, with a 90-bed capacity, says 2022 has been a little better than last year, with the hospital witnessing a 5% turnover increase in the first half. -
ZF English - 07:12 Jul 27, 2022
Dragos Damian, CEO of Terapia Cluj, wants to drive the pharmaceuticals producer to RON1 billion turnover in financial year 2022-2023, meaning an over 15% increase vs the previous financial year, in line with ZF calculations. -
ZF English - 07:00 Jul 27, 2022
Cosmetics producer Farmec Cluj has earmarked RON9 million for investments in 2022, 45% more than in 2021, in line with ZF calculations based on company data. -
ZF English - 17:32 Jul 26, 2022
One United Properties (ONE:RO), one of the largest real estate developers in Romania, announced a transaction of EUR60 million on the Bucharest Stock Exchange on Tuesday afternoon through which it buys a plot of land in Sector 1 of Bucharest, on Poligrafiei Boulevard. -
ZF English - 16:49 Jul 26, 2022
Shareholders of OMV Petrom (SNP.RO) approved at the Ordinary General Meeting on July 26, 2022 the management's proposal to distribute special dividends because of the company's strong financial position, OMV Petrom said in a press release. -
ZF English - 16:28 Jul 26, 2022
SIF Oltenia (SIF5) has notified the capital market of its steps to withdraw from the shareholder structure of Banca de Export-Import a Romaniei (Romania's Export-Import Bank) EximBank, according to a report published on the Bucharest Stock Exchange. -
ZF English - 16:04 Jul 26, 2022
Regional investment fund SIF Banat-Crisana (SIF1.RO) has increased its stake in Compania Hoteliera Intercontinental Romania, which owns the Grand Hotel Bucharest formerly Intercontinental, from 10.6% to 29.9%, the hotel company notified the Bucharest Stock Exchange on Tuesday. -
ZF English - 14:59 Jul 26, 2022
Industrial and logistics leasing activity increased by 50% in the first half of the year compared with the same period last year and totaled 542,000 square meters, according to data from real estate consultancy Cushman & Wakefield Echinox. -
ZF English - 13:08 Jul 26, 2022
The Lasselsberger Ceramics Romania Group, the manufacturer of Cesarom brand ceramic tiles, formed by the companies Sanex and Lasselsberger, is counting on a 12% increase in business in 2022, after a 4% increase last year. -
ZF English - 12:43 Jul 26, 2022
The number of companies that went insolvent in the first half was almost unchanged compared with the year-ago period, 3,580 compared with 3,033, a report by insolvency specialist CITR shows. -
ZF English - 08:37 Jul 26, 2022
Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, has contracted two credit facilities from CEC Bank, totally worth RON9.5 million via IMM Prod program. -
ZF English - 08:23 Jul 26, 2022
Financial analysts part of CFA Romania association forecast the Romanian leu will decline to an average exchange rate of 5.1121 units/EUR in the next 12 months, while the estimated rate of inflation will reach an average value of 11%, a new all-time high since the launch of the monthly poll CFA has conducted for over ten years. -
ZF English - 08:01 Jul 26, 2022
BlackCab, a provider of alternative transport services in Bucharest, Timisoara, Cluj and Constanta, plans to expand its services to other cities of Romania. -
ZF English - 07:56 Jul 26, 2022
Bacau-based Simba Invest, a major consumer goods distribution in Romania, in 2021 posted turnover of RON574.8 million (EUR116.8 million), around 16% higher than in 2020, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:48 Jul 26, 2022
Alex Bratu, country manager at JYSK Romania and Bulgaria, one of the biggest furniture and home décor retailers locally, says the company plans to open four more stores by yearend beside the 12 already opened since the start of the year. -
ZF English - 07:34 Jul 26, 2022
Restaurant group City Grill has a RON24 million investment budget for 2022, 3-4 times bigger than in 2020 and 2021, marked by the Covid-19 pandemic, which pummeled the hospitality industry. -
ZF English - 07:22 Jul 26, 2022
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italy’s Natuzzi, for 2021 reported turnover of RON296.4 million (EUR60.2 million), 23% higher on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:13 Jul 26, 2022
Mondelez Romania Snacks Production (the former Chipita Romania), the main player on Romania’s croissant market, taken over by US giant Mondelez in an international deal, in 2021 registered turnover worth almost RON566.6 million (over EUR115 million), up 13% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:06 Jul 26, 2022
Elit, one of Romania’s biggest cold cuts producers, for 2021 reported net profit worth almost RON60 million (EUR12.2 million), up 9% on the year. -
ZF English - 06:58 Jul 26, 2022
Bistrita-based car battery maker Rombat, controlled by South Africa’s Metair, for 2021 reported turnover of RON488.6 million (EUR99.3 million), up 23.6% year-on-year, in line with ZF calculations based on Finance Ministry data.