Romania Feed
-
ZF English - 16:40 Mar 16, 2021
The Bucharest capital market, promoted to emerging market status in September last year by FTSE Russell, hit an all-time high on Tuesday as its main index, BET, broke the previous record of 10,813 points, untouched since July 24, 2007, and closed at 10,844 points. -
ZF English - 15:10 Mar 16, 2021
European fashion platform Zalando plans to expand to Romania and Hungary in 2022, after tapping new markets in Croatia, Estonia, Latvia, Lithuania, Slovakia and Slovenia in 2021. -
ZF English - 14:00 Mar 16, 2021
Investment fund Oresa has completed the acquisition of the Solo Iasi industrial and logistics park from tester group, owned by Bogdan Pitigoi, marking the fund's entry on the local real estate market. -
ZF English - 13:48 Mar 16, 2021
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON77.1 billion in February, RON470 million less than in February, breaking a 10-month growth streak, financial regulator data showed Tuesday. -
ZF English - 13:25 Mar 16, 2021
French retail groups Auchan and Decathlon will be testing their shop in shop concept in Romania, as Decathlon will sell some of its products in dedicated areas within Auchan hypermarkets. -
ZF English - 13:07 Mar 16, 2021
Steel mill Liberty Galati said Tuesday it has the funds to cover the plant's current needs although the insolvency of investment fund Greensill, the main lender to its parent group, was “challenging”. -
ZF English - 12:14 Mar 16, 2021
Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday. -
ZF English - 11:03 Mar 16, 2021
Groupama Asigurari on Tuesday said it registered a total volume of gross underwritten premiums of over RON1 billion in 2020, down 2.3% on the year. -
ZF English - 10:27 Mar 16, 2021
Romania's current account balance posted a deficit of EUR239 million in January, compared with a deficit of EUR377 million in January 2020, central bank data showed Tuesday. -
ZF English - 10:21 Mar 16, 2021
Romanian real estate developers and German retailers, such as Kaufland and Lidl, were the most active land buyers in Bucharest – Ilfov area throughout 2020, per the Bucharest Land Marketbeat report drafted by real estate consulting firm Cushman & Wakefield Echinox. -
ZF English - 09:19 Mar 16, 2021
TBI Bank, with main operations in Bulgaria and Romania and banking operations in Germany, Sweden, Denmark and Poland, is extending its presence in the region and entering the Lithuanian market. -
ZF English - 08:27 Mar 16, 2021
Allianz-Ţiriac ended 2020 with total gross underwritings of RON1.32 billion, down 3.7% from 2019, and a 15% higher operating profit, of RON154 million. -
ZF English - 08:19 Mar 16, 2021
A President-branded product of the Lactalis group made in the Sfantu Gheorghe facility in Romania has been exported to 38 countries and export is one of the main goals for the plants the group has in the country, even though it is not significant at the moment. -
ZF English - 07:56 Mar 16, 2021
Oil group MOL, which owns 234 gas stations in Romania, sees the Romanian market as having high growth potential, and 2020 was a good year with 14 new stations opened. -
ZF English - 07:53 Mar 16, 2021
Paver manufacturer Elis Pavaje in Alba County reported a turnover of RON287.3 million in 2020, up 32% from RON217.6 million in 2019. -
ZF English - 07:34 Mar 16, 2021
The fight for the top position in the modern grocery retail in Romania is becoming tighter, and the biggest actors are growing constantly and becoming bigger. The most powerful five groups – Schwarz (Kaufland and Lidl), Carrefour, Profi, Mega Image and Auchan account for 72% of the almost RON70 billion annual sales of the modern retail. -
ZF English - 16:46 Mar 15, 2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, plans to distribute dividends totaling RON472 million from its 2020 profit. -
ZF English - 16:32 Mar 15, 2021
Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. -
ZF English - 14:42 Mar 15, 2021
New vehicle registrations in Romania declined 18.8% on the year in February, after a 46.6% annual decline in January, data from the the Automotive Manufacturers and Importers Association (APIA) showed Monday. -
ZF English - 14:06 Mar 15, 2021
Romania's finance ministry on Monday raised 300 million lei (EUR61.4 million), as planned, selling treasury bonds maturing in January 2028 at an average yield of 2.84%, central bank data showed.