Sergiu Manea, BCR CEO: We’re Talking About A New Normal, Helped by Technology
today, 09:50
The two months of lockdown due to the COVID-19 pandemic were a time when BCR became a more agile and flexible bank in terms of its operational structure and the digital transformation has become a new normal, helped by technology so there can be no going back to how things used to be, BCR CEO Sergiu Manea told ZF.
ZF NEWSRSS
-
TBI Bank Posts EUR22.9M Net Profit in 2019
today, 11:30
TBI Bank, part of 4Finance, with operations in Bulgaria, Romania, Germany, Sweden and Poland, reported a net profit of EUR22.9 million in 2019, up... more
-
Compa Sibiu Expends Activity Halt Until End-June
today, 11:20
Car parts manufacturer Compa Sibiu (CMP.RO) said Tuesday it was extending its temporary halt of activity until the end of June along with the... more
-
Pharmaceutical Wholesaler Alliance Healthcare Posts 15% Growth in Revenue to RON3.7B in 2019
today, 11:13
Alliance Healthcare, the pharmaceutical wholesaler of Walgreens Boots Alliance in Romania, which operated as Farmexpert until 2019, ended last year... more
-
Swedish Rosti Group Leases 11,300 Sqm Industrial Space for New Facility Near Ploiesti
today, 11:13
Rosti Romania, owned by the Swedish company Rosti Group AB, has leased 11,300 square meters of industrial spaces in Paulesti, near Ploiesti, for a... more
-
Dacia Plant Seeks to Develop New Product Categories
today, 10:38
Dacia Plant, one of the largest Romanian manufacturers of food supplements, saw its revenue slightly increase to RON33.4 milion in 2019, following... more
-
ING Tech Keeps Hiring, Set to Grow to Over 1,000 Employees by Yearend
yesterday, 09:32
ING Tech Romania, the software development hub of Netherland’s financial group ING, has hired 90 people since the beginning of the year, 60 of... more
-
Simona Constantinescu, ANA Hotels: Rebound in Tourism Industry to Be Gradual, Take at Least a Year
yesterday, 06:00
Tourism companies will have to optimize working capital to the business volume that will be growing gradually, as well as properly decide on the... more
-
British American Tobacco Overshoots RON10B Revenue Mark in 2019
yesterday, 00:00
British American Tobacco (Romania) Trading, the largest company in the BAT group locally, ended 2019 with RON10.7 billion (EUR2.26 billion), an... more
-
Romanian Central Bank Lowers 2020 Inflation Forecast to 2.8%
05.29.2020
Romania's central bank on Friday lowered its inflation forecast to 2.8% for the end of 2020 from a previous projection of 3%. more
-
Central Bank Lowers Key Rate to 1.75% a Year, Cuts Facilities Rates by 0.25 Points
05.29.2020
Romania's central bank on Friday decided to lower its benchmark interest rate by 25 basis points to 1.75% a year starting June 2, after a cut to... more
-
SIF Oltenia Disposes Of Its 17.4% Holding In Prodplast For RON7.5M
05.29.2020
Regional investment fund SIF Oltenia (SIF5.RO) said Friday in a stock market announcement that it had sold a number of 2.97 million shares held in... more
-
PM Orban Says Renault Romania Won’t Scale Down Its Business Activity Or Lay Off Staff Locally
05.29.2020
Romania's Prime Minister Ludovic Orban on Friday said the talks he had with representatives of Dacia-Renault Group did not yield any conclusion... more
-
CEC Bank Posts RON114M Profit in 1Q/2020, Up 26% on Year
05.29.2020
Romanian state-owned lender CEC Bank said Thursday it recorded a net profit of RON114.1 million in the first quarter of 2020, 26% higher compared... more
-
Kaufland Opens Its Fifth Store In 2020, In Bucharest; Reaches 132 Units In Romania
05.29.2020
German-held retailer Kaufland, the leader of the local grocery retail by sales, continues investments is expanding its Romanian store chain and... more
-
Renault To Cut 14,600 Jobs; Halt Projects In Romania, Morocco As Part Of Cost-Saving Plan
05.29.2020
French carmaker Renault has unveiled plans to reduce its fixed costs by over EUR2 billion during a tree-year period, which target, among others, to... more
-
Bucharest Unemployment Rate At 1.28% In April 2020
05.29.2020
-
Romania’s Banking System Net Profit Reaches RON1.6B, Assets Up to Over RON500B in Q1
05.29.2020
-
APIA: Online Channel Accounts for Half Local Auto Market Sales
05.29.2020
-
Cold Cuts Producer Fox Budgets 11% Rise in Revenue to RON450M in 2020
05.29.2020
-
Allianz Pension Funds Reach 6.5% Holding in TeraPlast
05.28.2020
-
Carmistin Invests EUR8M to Revamp Dilapidated Poultry Farms
05.28.2020
-
Electrica Group Board Approves Merger of Its Three Distribution Companies
05.28.2020
-
Florin Pogonaru Buys 10% in Prodplast for RON4.3M
05.28.2020
-
Ford Expands Puma Range Production in Craiova, Romania
05.28.2020
-
Hidroelectrica to Decide on Binding Bid for CEZ Assets on June 25
05.28.2020
Romania is among the countries with the lowest or non-existent pandemic impact for German-held construction group HeidelbergCement, its
more
Banks on the local market have donated over RON23.5 million for purchases of medical equipment and devices for over 220 hospitals from
more
Financial analysts, members of CFA Romania (Chartered Financial Analyst) association, expect the Romanian leu to depreciate to an
more
The two car assembly factories in Romania, Automobile Dacia and Ford, produced a total 32,033 vehicles in March-April 2020 period,
more
Altex Romania, the main player on the Romanian electro-IT market, seeks to invest over EUR25 million in expanding its network and
more
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Friday said it has summoned its shareholders on June 12, 2020
more
One United Properties, the most active developer on the local market with six construction sites open, has sold 30% in One [Floreasca]
more
Romanian state-owned power company Hidroelectrica said Thursday it has selected Dentons Europe SPARL to provide legal services in view
moreAnalysis
Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer
Nearly 70% of office owners and tenants expect the Covid-19 pandemic will affect their activity all year and estimate the first signs of recovery no sooner than 2021, according to a poll by Colliers among 60 owners and over 100 tenants, 30% of which are companies with over 1,000 employees.
Today's figure
Romania’s GDP Grows 2.4% YoY In 1Q/2020Romania’s gross domestic product grew by 2.4% in unadjusted data and by 2.7% in seasonally adjusted data, in the first quarter of 2020 compared with the same period in 2019, a flash estimate from the country’s statistics institute INS showed Friday.
more




