Romania Feed
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ZF English - 07:56 Oct 12, 2020
Home appliances wholesaler Marelvi Impex in Radauti, Suceava, posted more than 328.2 million lei (EUR69.3 million) revenue in 2019, about 26% higher than in 2018, ZF has calculated from Finance Ministry data. -
ZF English - 07:39 Oct 12, 2020
A number of 37 deals for 62,500 square meters of office space were signed in the third quarter, an increase of 14% on the year-ago period, real estate consultant Knight Frank says. -
ZF English - 07:37 Oct 12, 2020
Romania's trade balance posted a deficit of EUR11.5 billion in January-August 2020, EUR642 million higher (+10%) compared with the same period in 2019, data from the country's statistics board showed Monday. -
ZF English - 07:19 Oct 12, 2020
Legrand Romania, the subsidiary of France’s Legrand group, a global electrical and digital building infrastructure specialist, ended last year with growth of 6% in revenue to more than 115.7 milion lei (EUR23.7 million), Finance Ministry data show. -
ZF English - 07:16 Oct 12, 2020
Romania's annual inflation rate inched down to 2.5% in September 2020 from 2.7% in August, data from the country's statistics board showed Monday. -
ZF English - 06:54 Oct 12, 2020
The number of new studios delivered in Romania has doubled in the past two years, with 5,528 such homes completed in 2019, 28% more than in 2018. The growth rate was high in 2018, as well, when 4,308 studios were delivered, 61% more than in 2017, National Statistics Institute data centralized by ZF show. -
ZF English - 14:24 Oct 09, 2020
Romania’s central bank has approved the appointment of Pedro Miguel Weiss as independent member of the Supervisory Board of lender Raiffeisen Bank. -
ZF English - 12:27 Oct 09, 2020
Romanian state-owned hydropower producer Hidroelectrica has announced the commissioning of a 110 kV electric station belonging to Bradisor hydropower plant, as part of Lotru hydropower retrofitting, following modernization works worth a total RON5.41 million. -
ZF English - 11:46 Oct 09, 2020
Real estate developer Impact Developer & Contractor (IMP.RO) is entering the local real estate market in the city of Iasi (north-eastern Romania), with the acquisition of a plot of land of 19,068 square meters, in the city’s Copou area. -
ZF English - 10:36 Oct 09, 2020
NN Romania, the leading life insurer and private pension fund manager in Romania, will expand its portfolio into home insurance starting October, the company announced Friday. -
ZF English - 08:52 Oct 09, 2020
Romania's gross domestic product grew 4.5% in real terms in 2018 compared with 2017, final data from the country's statistics board showed Friday. -
ZF English - 08:30 Oct 09, 2020
Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the building of two new reactors at the Cernavoda nuclear facility in Romania, US ambassador Adrian Zuckerman said. -
ZF English - 07:41 Oct 09, 2020
Holcim Romania, the largest construction material manufacturer in the country by revenue, continued to operate in sync with the construction market in the last few months, despite the pandemic. -
ZF English - 07:40 Oct 09, 2020
Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, on Friday announced it has appointed Calin Ionescu as chief executive officer. -
ZF English - 07:09 Oct 09, 2020
Vanbet, a poultry producer in Vaslui (eastern Romania) held by entrepreneur Fanel Bogos, ended last year with 219 million lei (some EUR46 million) revenue, an increase of 5% on 2018. -
ZF English - 06:45 Oct 09, 2020
The summer months came with a rebound in corporate loans after lending plunged by annual rates of 20% to 30% in the spring due to the lockdown required by the COVID-19 pandemic. -
ZF English - 06:18 Oct 09, 2020
The average net salary in Romania fell 2.9% in both nominal and real terms in August compared with July, to 3,275 lei (around EUR672), data from the country's statistics board showed Friday. -
ZF English - 06:10 Oct 09, 2020
Romania's gross domestic product took an annual plunge of 10.2% in real terms in the second quarter, less than the previously estimated 10.5%, a second reading from the country’s statistics board showed Friday. -
ZF English - 16:37 Oct 08, 2020
Romania's state-owned postal operator Posta Romana has concluded a financing agreement worth RON200 million with lender Eximbank, following a competitive procedure attended by several banks, according to information provided by Posta Romana representatives. -
ZF English - 15:33 Oct 08, 2020
The Meron coffee shop chain, founded in 2015 by Bogdan Ciocian in Cluj Napoca, will be opening a new coffee shop, in central city of Brasov, on October 10, following an investment of over EUR100,000, reaching a 17-unit network in Romania.