Romania Feed
-
ZF English - 13:21 Jul 16, 2021
Electricity supplier Electrica Furnizare, part of state-owned utility group Electrica, has installed 796 solar panels for oilfield equipment manufacturer Uztel Ploiesti (UZT.RO). -
ZF English - 12:51 Jul 16, 2021
British American Tobacco (BAT) has appointed Frederico Monteiro to run the Central Europe South (CES) Area. Monteiro will be coordinating from Bucharest the operations for seven markets, respectively Romania, Bulgaria, Ukraine, the Republic of Moldova, the Czech Republic, Slovakia and Hungary. -
ZF English - 11:44 Jul 16, 2021
Alexandru Mircea Mihailescu, the main shareholder of Transport Trade Services (TTS), with a 25.2% ownership, Ion Stanciu, with a 7% stake, and Sevastian Stefan, said they would forgo their mandates of Executive Board members of TTS, starting August 26, 2021. -
ZF English - 10:44 Jul 16, 2021
French Renault Group sold a total 1.42 million cars in the first half of 2021, 18.7% more than in the same period in 2020, while Dacia sold 262,814 cars in the first half of 2021, 24.5% more year-over-year. -
ZF English - 09:42 Jul 16, 2021
The Fidelis government bonds for the general population, sold by the finance ministry on the capital market in July, started trading on the Bucharest Stock Exchange on Friday (July 16). -
ZF English - 09:18 Jul 16, 2021
Greenfield Copou Residence, a company held by Impact Developer&Contractor, has bought a plot of land of 25,930 square meters in the historical part of the city of Iasi, on Dealul Copou (Copou Hill), where it will build a residential complex with over 1,000 apartments. -
ZF English - 08:32 Jul 16, 2021
Deutsche Bahn Cargo Romania, the local subsidiary of the leading provider of rail freight transport in Europe, relocates its headquarters to the One Cotroceni Park building. -
ZF English - 05:00 Jul 16, 2021
Clinica Sante, one of the largest private laboratory clinic networks in Romania, saw its revenue go up 23% year-on-year to RON147 million in 2020, ZF has found from publicly available data. -
ZF English - 05:00 Jul 16, 2021
Furniture and home decor retailer JYSK set out to remodel all its stores to make them compliant with the Store 3.0 concept by the end of 2024. -
ZF English - 17:39 Jul 15, 2021
Banks in Romania granted about RON2.63 billion worth of new loans to companies in May 2021, almost 25% less than in April and RON2 billion or 43% less than in March. -
ZF English - 16:00 Jul 15, 2021
Superbet group, the largest sports betting and gaming business in Romania, which also has operations abroad, has taken over Belgian rival Napoleon Sports & Casino. The parties did not disclose the value of the deal. -
ZF English - 14:27 Jul 15, 2021
Omniasig, the largest insurance company in the portfolio of Austria’s Vienna Insurance Group (VIG), expects a volume of underwritten gross premiums of RON1.4 billion at the end of 2021, Omniasig CEO Mihai Tecau told an interview for Ziarul Financiar (ZF). -
ZF English - 12:51 Jul 15, 2021
The European Investment Bank (EIB) on Thursday formally agreed a new EUR120 million loan with Distributie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of the Electrica Group. -
ZF English - 12:36 Jul 15, 2021
Romania's finance ministry on Thursday raised 590 million lei (EUR117.9 million), higher by RON90 million than the targeted amount, selling bonds maturing in June 2026 at an average yield of 3.05%, central bank data showed. -
ZF English - 11:48 Jul 15, 2021
Peter Micula has taken over the position of general manager of the cooking stove factory in Satu Mare, northern Romania, of Swedish home appliance manufacturing group Electrolux, starting July 1, 2021. -
ZF English - 11:24 Jul 15, 2021
Romania’s Competition Council has approved a transaction whereby MedLife Group, the leader of the private medical services market in Romania, is acquiring pharmaceutical wholesaler Pharmachem Distributie. -
ZF English - 11:06 Jul 15, 2021
The volume of Romanian construction works decreased, as gross series, by 0.7%, in May 2021 compared to April 2021, a decrease reflected in new construction works (-2.7%). Rises were recorded for capital repair works (+12.2%) and for maintenance and current repair works (+0.6%). -
ZF English - 10:01 Jul 15, 2021
Yload.ro, an artificial intelligence-based platform founded by Alexandru Huzau, raised EUR220,000 of a planned EUR250,000 on its first day of listing on SeedBlink, a local crowdfunding platform for Romanian IT start-ups. -
ZF English - 09:35 Jul 15, 2021
Insurance company Omniasig, owned by Austria's Vienna Insurance Group (VIG), will pay in 2021, for the first time in the last ten years, total dividends worth over RON18 million, which translates into a gross dividend of RON0.125 per share. -
ZF English - 09:13 Jul 15, 2021
US clinical research firm PPD has extended by five more years the lease contract for office space within Bucharest’s business park West Gate Business District, held by Genesis Property.