Romania Feed
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ZF English - 12:12 Oct 20, 2020
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.14% a year on Tuesday (October 20). -
ZF English - 11:04 Oct 20, 2020
The property investment market in Romania exceeded EUR738 million in the first nine months of 2002, 31% higher compared with the same period in 2019, and office transactions accounted for nearly 93% of the investment volume, Crosspoint Real Estate said in a market report released Tuesday. -
ZF English - 10:52 Oct 20, 2020
Polish Smyk Group, specialized in selling children’s products, will be opening a new store, in central city of Brasov, on October 21, reaching a 21-unit network in Romania. -
ZF English - 09:13 Oct 20, 2020
Rio Bucovina, soft drinks and snacks wholesaler, part of Polish group Maspex, has expanded its warehousing space in the biggest logistics park in southeast Romania, Constanta Business Park, developed by Global Vision and Globalworth. -
ZF English - 07:59 Oct 20, 2020
Transport and logistics operator Maracana has rented 4,100 square meters of logistic space in Ploiesti and Constanta besides spaces in Timisoara and Cluj. -
ZF English - 06:48 Oct 20, 2020
Electronics retailer Altex will open a 1,600 sqm store in the AFI Brasov shopping center which officially opens Wednesday, October 21. -
ZF English - 06:44 Oct 20, 2020
Parmalat Romania, the maker of the Santal fruit beverages, part of the Lactalis group, ended last year with 59.1 million lei (EUR12.5 million) revenue, an increase of 4.5% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 06:20 Oct 20, 2020
Dairy producer Covalact, one of the top ten on the local market, posted 150 million lei revenue last year, down 0.8% on 2018, as well as RON8.1 million profit, 12% lower than in 2018, ZF has calculated from Finance Ministry data. This was its first decline in revenue since 2005. -
ZF English - 06:00 Oct 20, 2020
The electronic commerce market, one of the few industries to have developed during the pandemic, has seen 30% growth year-on-year and estimates point to EUR5.5 billion in 2020. -
ZF English - 17:30 Oct 19, 2020
Romanian company SafeTech Innovations, specialized in providing cyber security solutions, has announced the successful completion of a private placement for its shares. -
ZF English - 16:42 Oct 19, 2020
Austrian Leier group, which bought Brikston and Siceram in Romania, saw an increase of over 30% in the first half of 2020, compared with the same period in 2019, due mainly to the segment of do-it-yourself stores. -
ZF English - 15:46 Oct 19, 2020
Online sales in Romania will continue to grow over the next five years and companies will be relying on more distribution channels, among which the internet. -
ZF English - 13:26 Oct 19, 2020
Spain’s Mantor Group has completed the consolidation works on the Mita Biciclista historic building located in Bucharest’s Piata Amzei area, following an investment of EUR4.5 million. -
ZF English - 08:59 Oct 19, 2020
Regional investment fund SIF Transilvania (SIF3.RO) will seek shareholder approval on December 4 for a share buyback program of maximum RON4.8 million (EUR1 million) to reward members of management and the supervisory board. -
ZF English - 08:50 Oct 19, 2020
Apiary Book, the most utilized app for beekeeping worldwide, founded by Bogdan Iordache in 2015, seeks to get EUR150,000 via equity funding on the SeedBlink platform. -
ZF English - 08:24 Oct 19, 2020
Dental clinic chain Dr. Leahu, the second largest player on the local dental services market, has attracted an investment from Morphosis Capital Fund I Cooperatief, which acquired a minority stake. -
ZF English - 07:28 Oct 19, 2020
Romanian entrepreneur held Tinervis Group, which operates the Luca pretzel shop chain ended 2019 with 133.8 million lei (EUR28.2 million) revenue, an increase of 31% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 07:18 Oct 19, 2020
Carmakers Dacia and Ford produced nearly 58,000 vehicles in September, 56% more than in September 2019, the biggest monthly output ever achieved in Romania. -
ZF English - 06:35 Oct 19, 2020
Chimica group has switched full-time to a new line of business, following sale of its ski boots plant in Salomon, and started making espresso machine subassemblies. -
ZF English - 06:00 Oct 19, 2020
The NN Group, which owns life insurance company NN Asigurari de Viata in Romania, has earmarked 31.9 million lei for capital for its new entity NN Asigurari, a general insurance business, part of NN Romania, Gerke Witteveen, interim CEO of NN Romania, told ZF.