ZF

TeraPlast Bistrita Seeks To Boost Share Capital By RON22.2M Tops

Fri, 17 May 2024 23:03:26 GMT

Building materials producer TeraPlast Bistrita (TRP.RO) plans to increase its share capital by RON22.2 million at the most, by issuing 222,200,000 shares, with a nominal value of RON0.1 per share, the company said in a press statement.

Hungary's MiniCRM Logs EUR1M Turnover In Romania In 2023, Up 35% YoY

Fri, 17 May 2024 22:35:00 GMT

MiniCRM Software SRL, the local subsidiary of Hungary's company of the same name, specializing in the provision of CRM (Customer Relationship Management) software solutions for small and medium-sized enterprises (SMEs), ended 2023 with a 35% increase in turnover, up to nearly EUR1 million (RON5.2 million), as per data provided by the representatives in Romania.

Digi Set To Launch Services In Belgium This Summer

Fri, 17 May 2024 20:52:42 GMT

Telecommunications operator Digi (DIGI.RO) has opened its central office in Belgium, in Brussels, and is thus preparing the enter the Belgian market this summer, it said in a press release.

Most Expensive Suburban Houses Are In Outskirts Of Bucharest And Cluj-Napoca

Fri, 17 May 2024 19:39:16 GMT

The most expensive houses for sale in the outskirts of the major cities in Romania are located on the outskirts of Bucharest and Cluj-Napoca; the only places in the country where the square meter sells for over EUR2,000 are Feleacu and Salicea, both in Cluj County, an analysis by Imobiliare.ro shows.

Romania Manufacturing Industry Orders Up 4.3% On The Month In March 2024

Fri, 17 May 2024 18:48:10 GMT

Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) increased by 4.3%, in nominal terms, in March 2024 compared to February 2024, but fell by 5.2% compared to March 2023, data from the country's statistics board INS showed on Friday (May 17).

Romania Industrial Sales Up 6.9% On The Month In March 2024

Fri, 17 May 2024 17:51:14 GMT

Romania’s industrial sales (on the domestic and external markets) increased by 6.9% in nominal terms in March 2024 compared to February 2024, but inched down 0.5% versus March 2023, data from the country’s statistical office INS showed on Friday (May 17).

Finland’s Hesburger Group Enters Romania With Quick Service Restaurant In Ramnicu Valcea

Fri, 17 May 2024 16:58:26 GMT

Quick service restaurant chain Hesburger is opening its first restaurant in Romania in Ramnicu Valcea and plans to open ten in all in its first year in business on this market, having allocated more than EUR8 million for investments.

tbi bank Signs Partnership Deal With Safety Broker Enabling Customers To Buy Insurance

Fri, 17 May 2024 12:10:47 GMT

tbi bank has signed a partnership agreement with Safety Broker, whereby customers can buy insurance, including auto liability insurance RCA, through the Buy Now, Pay Later (BNPL) solution, in four interest-free installments or 6-12 installments with interest.

FORT Shares Start Trading On AeRO Market Of Bucharest Stock Exchange

Fri, 17 May 2024 11:52:19 GMT

The shares of cybersecurity company FORT, part of Bittnet Group (BNET.RO), started trading on the AeRO market of the Bucharest Stock Exchange, under the stock ticker 4RT, on Friday (May 17).

Alpha Bank Romania Reports EUR16M Net Profit in Q1/2024, Up 45%

Fri, 17 May 2024 07:36:42 GMT

Alpha Bank Romania in the first quarter of 2024 registered EUR16 million net profit, up 45%, while the bank’s assets reached EUR4.7 billion, 8% higher than in the previous year.

Cereale Colect Distribution Hits RON1.2B Turnover in 2023, Up 40% YOY

Fri, 17 May 2024 06:49:32 GMT

Cereale Colect Distribution, owned by entrepreneurs Tase and Dina Mergeani, generated RON1.2 billion turnover in 2023, up 40% from 2022, in line with ZF calculations based on company data.

Packaging Maker Electric Ends Q1/2024 with 58% Turnover Growth

Fri, 17 May 2024 06:43:05 GMT

Packaging maker Electric, owned by Buzaianu family, ended the first three months of this year with 58% higher turnover than in the same period of 2023, according to the company’s officials.

Transport Trade Services Sees Profit, Turnover Decline in Q1/2024 Vs Q1/2023

Fri, 17 May 2024 06:36:25 GMT

Danube freight carrier Transport Trade Services ended the first quarter of 2024 with RON32.1 million net consolidated profit, down 63.9% from Q1/2023, but up 163.8% from Q1/2022.

Dairy Importer Sole Mizo's Revenue Shrinks 5% To RON167M In 2023

Thu, 16 May 2024 21:00:00 GMT

Sole Mizo Romania, part of Hungary’s Bonafarm group, posted RON167 million revenue in 2023, down 5% from the previous year, Finance Ministry data show.

Dr Leahu Dental Clinics Enter New Era With Rebranding To Regina Maria Dental Clinics

Thu, 16 May 2024 20:38:42 GMT

Dr. Leahu Dental Clinics, founded by dentist Ionut Leahu 14 years ago, became Regina Maria Dental Clinics after the Regina Maria healthcare network acquired the majority stake a year ago in the largest transaction of 2023.

Keysight Technologies Romania Reports RON170.7M Turnover For 2023, Down 14% YoY

Thu, 16 May 2024 20:29:17 GMT

Keysight Technologies Romania (the former Ixia), the local division of US Keysight Technologies, ended 2023 with a turnover of RON170.7 million (EUR34.3 million) in 2023, down 14% from RON196.7 million (EUR39.5 million) reported in 2022, as per data on the finance ministry website.

Finance Ministry Seeks To Raise MTN Program Cap By EUR7B To Cover 2024 And 2025 Funding Needs

Thu, 16 May 2024 20:25:04 GMT

The Finance Ministry has prepared a government decision draft to increase the value of the „Medium Term Notes” program by EUR7 billion from EUR68 billion at the moment to EUR75 billion.

Safety Broker Officially Becomes Part Of US-held Acrisure

Thu, 16 May 2024 20:17:06 GMT

Safety Broker, the largest insurance broker on the Romanian market, has received the approval of Romania's financial regulator ASF to officially become part of US-held broker Acrisure, in line with information provided by the company.

Electrica Signs Memorandum Of Understanding With Esyasoft Holding Ltd

Thu, 16 May 2024 19:42:32 GMT

Electricity supplier and distributor Electrica (EL.RO) announced in a stock market report on Thursday (May 16) the signing of a Memorandum of Understanding with Esyasoft Holding Ltd., a subsidiary of the International Holding Company (IHC), Abu Dhabi, United Arab Emirates (UAE).

Romgaz Establishes Natural Gas Supply Branch In Republic Of Moldova

Thu, 16 May 2024 19:32:30 GMT

Romania’s state-owned natural gas producer Romgaz (SNG.RO) has informed its shareholders and investors in a report on May 16 about the establishment of a natural gas supply branch in the Republic of Moldova and its registration under the name "Societatea Nationala de Gaze Naturale ROMGAZ S.A. Medias – Chisinau Branch".