Romania Feed
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ZF English - 09:30 Nov 02, 2020
Around one third of Raiffeisen Bank units in Romania, 129 units, will eliminate cash operations starting November, relying on ATMs, multi-functional machines and alternative channels, the bank said Monday. -
ZF English - 09:20 Nov 02, 2020
Broker TradeVille on Friday closed early a private placement for bonds issued by iHunt Technology as the bonds were oversubscribed by 45%. -
ZF English - 09:03 Nov 02, 2020
Sales of computers reached a decade high in Romania in the second quarter, as demand for technology skyrocketed due to the COVID-19 crisis, when companies, schools and authorities found themselves having to operate remotely. -
ZF English - 08:54 Nov 02, 2020
Real estate developer One United Properties, owned by Victor Capitanu and Andrei Diaconescu, announced Monday a share capital increase to EUR70 million. -
ZF English - 08:31 Nov 02, 2020
Elit Cugir, one of the largest manufacturers of cold cuts in Romania, saw its industry significantly affected by the COVID-19 pandemic in both production and distribution departments, says manager Voicu Vuscan. The meats market will be flat this year, the executive added. -
ZF English - 08:15 Nov 02, 2020
Israeli Teva group owned Sindan Pharma pharmaceutical plant in Bucharest posted 160 million lei revenue in 2019, an increase of RON64 million on the previous year, Finance Ministry data show. -
ZF English - 08:09 Nov 02, 2020
Fitch Ratings has affirmed Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Negative Outlook, which reflects weakening public finance metrics due to pro-cyclical policies in recent years and the impact from the coronavirus pandemic on economic and fiscal performance. -
ZF English - 07:51 Nov 02, 2020
Romanian consumers took out almost 1.26 billion lei (EUR260 million) worth of new mortgage loans in lei in September, the second highest level in the first nine months of 2020, and 4% higher than in September 2019. -
ZF English - 07:18 Nov 02, 2020
Romanian BCR, owned by Austria's Erste, on Monday reported a net profit attributable to the majority shareholder of RON845 million (EUR175 million) for the first nine months of 2020, 142% higher on the year. -
ZF English - 11:36 Oct 30, 2020
Public Affairs Solutions will relocate its Bucharest headquarters in 2021 to the ONE Tower office building developed by One United Properties in the Floreasca area, after spending 13 years in its headquarters in Victory Square. -
ZF English - 11:27 Oct 30, 2020
Most office tenants paid their due rent on time in the third quarter even though many companies worked in a hybrid system of work-from-home and work-from-office, Colliers International said Friday. -
ZF English - 10:08 Oct 30, 2020
Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday approved changing the company's name to Evergent Investment, a first on the local capital market. -
ZF English - 09:55 Oct 30, 2020
Companies had 73% more job applications for open positions in October compared with October 2019 and 5% more compared with September, data from online recruiting platform BestJobs showed Friday. -
ZF English - 09:23 Oct 30, 2020
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) on Friday reported a net profit of RON8.7 million for the first nine months of 2020, down 51% on the year, while its turnover decreased 5%, to RON74 million. -
ZF English - 08:59 Oct 30, 2020
NN Group and the pension funds it manages have raised their holding in Romanian lender Banca Transilvania (TLV.RO) from 9.96% to 10.04%, the bank announced Friday. -
ZF English - 07:53 Oct 30, 2020
Retailer dm drogerie markt has opened five new stores and closed one this year, so it now has 113 stores. Last year, it opened about ten stores, in street front locations, shopping centers and retail parks. -
ZF English - 07:43 Oct 30, 2020
Romania's seasonally adjusted unemployment rate inched down to 5.2% in September from 5.3% in August, data from the country's statistics board showed Friday. -
ZF English - 07:20 Oct 30, 2020
The insurance market ended the first half with 100.9 million lei profit, 51% more than in the year-ago period, Financial Supervisory authority (ASF) data show. -
ZF English - 07:00 Oct 30, 2020
The overall computer and electronics industry has been one of the winners of this time when people switched to working from home and have been spending less time outdoors. -
ZF English - 13:56 Oct 29, 2020
Romania had a tax-to gross domestic product ratio of 26.8% in 2019, the second lowest level among European Union member states, ahead of Ireland (22.7%) and after Bulgaria (30.3%), Eurostat data showed Thursday.