Translator RO-EN
Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Finance Ministry Raises Nearly RON3B From Banks Via Two Bond Issues On June 6
Romania's Finance Ministry raised RON2.8 billion from banks on Thursday (June 6), selling government paper in two auctions, at annual average yields of 6.03% and 6.75%, respectively.
Carrefour Romania Opens First Hypermarket In Bacau, In Supernova Shopping Center
Carrefour Romania is inaugurating the first hypermarket in Bacau (eastern Romania), within the Supernova shopping center, after remodeling the former Cora store.
eJobs: 4 In 10 Employees In Romania Frequently Use AI Tools To Ease Job Tasks
Artificial Intelligence (AI) tools like ChatGPT or Gemini are regularly used by 34.9% of employees of companies in Romania in their office tasks to reduce workload or get results faster, as...
Competition Council Assesses Takeover Of Eolica Dobrogea One By Premier Renewable Invest
Romania's Competition Council is assessing a transaction through which Premier Renewable Invest Co S.R.L. intends to take over Eolica Dobrogea One S.A
Colliers: Romania Boasts The Highest Rate Of Industrialization In The European Union
Investment in production machinery and military equipment in Romania surged by 80% in 2023 compared to the pre-pandemic period, well above the EU average of 30%, totaling EUR30 billion, or n...
Companies Newly Listed On Bucharest Bourse To Get Up To EUR300.000 In Non-refundable Financing As Of June 7
Romanian companies that intend to list on the Bucharest Stock Exchange, on the Main or AeRO markets, can access, from June 7, 2024, non-refundable funds that cover the costs related to runni...
JW Marriott Hotel In Bucharest Reports New Record Revenue, Of RON175M, For 2023
Five-star JW Marriott Hotel in Bucharest ended 2023 with revenue of RON175 million, up nearly 14% from 2022, as per finance ministry data, thus reporting new record revenue.
BRD Asset Management Becomes Largest Mutual Fund Manager In Romania, With RON4.7B Worth Of Assets
In the context in which the number of investors in mutual funds increased by 20,000 in April 2024 versus March and by 78,000 so far in 2024, all large asset management companies in Romania s...
NN Pensii Sells OMV Petrom Shares In RON28M Deals
NN Pensii, Romania's largest Pillar II private pension fund and the leading investor at the Bucharest Stock Exchange, in April slightly reduced its exposure in OMV Petrom (BSE:SNP), the only...
De’Longhi Romania Reports RON2.44B Turnover For 2023, Up 17% YoY
Home appliances producer De’Longhi Romania, the largest exporter in Cluj County, ended 2023 with a turnover of RON2.443 billion (nearly EUR494 million), up nearly 17% from RON2.089 billion (...
Car Parts Maker VCST Close To EUR40M Turnover In 2023
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, ended 2023 with a turnover of RON194.8 million (EUR39.4 million), up 18.1% from...
Allianz-Tiriac Ends Q1/2024 With RON910M Underwritings, Up 7% YoY
Allianz-Tiriac, the second largest insurer in Romania, ended the first quarter of 2024 with a volume of gross underwritten premiums of RON910 million, up 7% on the year, with the biggest inc...