Germany’s AMF-Bruns Gets EUR3.4M State Aid For Plant Construction In Eastern Romania; Total Investment Of EUR6.8M

today, 10:39
German company AMF-Bruns will invest approximately EUR6.8 million in a factory located in Roman (Neamt County, eastern Romania), where it will produce laser parts and welded assemblies for mobility systems and for the automotive industry.
ZF NEWSRSS
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Constitutional Court Ruling Clears Way for EUR3B Development at Romexpo
today, 16:48
Romania's Constitutional Court has upheld the transfer of a 46-hectare land in the Romexpo area in northern Bucharest from state property to the... more
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Romcab Seeks to Return to Trading with RON151M Debt after Reorganization
today, 16:28
Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, has had its reorganization... more
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CITR: 7,000 Romanian Companies Owe Over RON1M Each to State Budget
today, 14:20
Over 7,000 Romanian companies owe more than RON1 million each to the state budget and are faced with a debt crisis on top of the pandemic crisis,... more
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Rehau Romania Has New Country Manager
today, 12:19
Germany’s REHAU has appointed a new country manager in Romania, Alexandru Oprea. more
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Romania Posts 0.3% Budget Gap in January
today, 12:17
Romania's general consolidated budget posted a deficit of RON3.69 billion in January, or 0.33% of the gross domestic product, finance ministry data... more
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Three-Month Money Market Rate Surges To 1.70%
today, 11:38
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, continues the... more
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Profi Promotes Dumitru Dragomir To Position Of Vice-President, Business Efficiency Manager
today, 11:16
Supermarket and convenience store chain Profi, held by buyout investor Mid Europa Partners, has promoted the company’s Chief Financial Officer... more
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Carrier Gebrüder Weiss’ Home Delivery Unit Sees 85% Rise in Revenue in 2020
today, 10:00
Home Delivery, the residential freight delivery unit of carrier Gebrüder Weiss, posted 85% increase in revenue in Romania year-on year in 2020.... more
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Profi Steps Up Expansion, Opens 16 Stores in February
today, 09:36
Supermarket and convenience store chain Profi held by buyout investor Mid Europa Partners, opened 31 stores in the first two months of the year, 15... more
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BRD-SocGen Expects Moderate Economic Growth in Romania in 2021
today, 09:06
The performance of the banking sector depends on the performance of the economy, and they will be convergent, while the economic growth will be... more
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Romanian Parliament Adopts 2021 State Budget
yesterday, 19:15
Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of... more
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Software Company Life is Hard Profit Drops 21% in 2020, to RON1.1M
yesterday, 15:31
Romanian software developer Life is Hard (LIH.RO) reported a net profit of RON1.12 million for 2020, down 21.13% compared with 2019. more
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ING Survey: Eight in 10 Romanians Try to Save More during Pandemic
yesterday, 14:09
Around 83% of Romanians are trying to set aside more money to adapt to pandemic-driven uncertainties, compared with a European average of 66.5%, a... more
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Bittnet Systems Closes Share Capital Increase Operation; Raises RON10.7M Financing
yesterday, 13:36
Bittnet Systems (BNET.RO), a local integrator of IT&C solutions and provider of training services in the IT sector, announced Tuesday on the stock... more
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Romanian Antitrust Body Looks into Vista Bank's Acquisition of Crédit Agricole Romania
yesterday, 12:51
Romania's competition authority said Tuesday it was analyzing the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania. more
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SIF Moldova Gets Financial Watchdog’s Approval To Change Name To Evergent Investments
yesterday, 12:24
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Three-Month Money Market Rate Grows To 1.68%
yesterday, 12:05
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Promateris Sales Grow 39% YoY To RON116M In 2020
yesterday, 10:45
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Federation of Hoteliers in Romania Expects First Signs of Tourism Recovery in 2021
yesterday, 10:30
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Vrancart Adjud Ends 2020 With RON18.4M Net Profit, RON285.6M Revenue
yesterday, 10:25
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Agroland Timisoara Starts as RON250M Company on Bucharest Stock Exchange
yesterday, 09:48
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Bittnet Systems Signs Investment Agreement With Servodata Shareholders
03.01.2021
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Safetech Innovations Ends 2020 With RON14.7M Turnover, RON3.1M Net Profit
03.01.2021
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Practic Bucuresti Approves Its 2021 Budget: RON35.4M Turnover And RON23M Net Profit
03.01.2021
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ELKO Romania Relocates To CTPark Bucharest, Rents 1,800 Sqm
03.01.2021

FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
Today's figure
Corporate Lending Up to RON3.9B in October, 14-Year Monthly PeakBanks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year in October as well as the highest monthly level in 14 years.
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