Confidex: Romanian Managers’ Economic Confidence At Highest Level Of Last Two Years

05.17.2022
Romanian managers’ confidence in the local economy has reached the highest level of the last two years, despite 76% of them expecting to be affected to a great extent by the war in Ukraine, and 40% anticipating a decline in gross domestic product (GDP), as per a Confidex survey conducted Impetum Group.
ZF NEWSRSS
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Zentiva Posts RON169M Revenue in Q1
yesterday, 21:14
Zentiva (SCD.RO) the largest pharmaceutical producer with facilities of its own in Romania, ended the first quarter of 2022 with growth of 7% in... more
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Undelucram.ro: Most Popular Jobs Are In IT, Retail, BPO&Services, Banking, HR Sectors
yesterday, 18:18
The most sought-after positions, in terms of both jobs and reviews, on the Undelucram.ro platform are in the sectors of IT, retail, BPO, banking... more
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SIF Banat-Crisana Group Buys Tutunul Romanesc Site in Bucharest for EUR33.5M
yesterday, 17:40
SIF SPV TWO, a company of the SIF Banat-Crisana (SIF1.RO) Group, on Wednesday bought the site of the „Tutunul romanesc” plant in Bucharest. The... more
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SIF Hoteluri Switches To RON760,000 Loss In 1Q/2022 From RON4.6M Net Profit In 1Q/2021
yesterday, 16:43
SIF Hoteluri (CAOR.RO), a company almost entirely held by regional investment fund SIF Banat-Crisana (SIF1.RO), on Wednesday reported a net loss of... more
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JLL Romania: Residential Sales Market Expected To See Stagnation And Correction
yesterday, 16:21
The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising... more
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Catinvest Completes Second Stage Of Electroputere Parc Craiova Development
yesterday, 15:36
French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works... more
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STK Properties Goes Public On AeRO Market
yesterday, 15:12
STK Properties, an investment vehicle founded by the STK Emergent investment fund, focused on the development of real estate projects in... more
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One Herastrau Office Building Reaches 100% Occupancy
yesterday, 15:02
Real estate company One United Properties, which develops residential, mixed-use and office real estate in Romania, on Wednesday said the One... more
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Romania Gets EUR368M Loan From EIB To Build Regional Hospital In Craiova
yesterday, 14:02
Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova... more
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SMTLR01 Pre-emptive Rights Issued For Capital Increase Carried Out By Simtel Team To Be Traded In May 18-24 Period
yesterday, 13:36
The Bucharest Stock Exchange announced that SMTLR01 pre-emptive rights issued for the share capital increase carried out by Simtel Team (SMTL) will... more
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Three-Month ROBOR Spikes To 5.57% A Year On May 18
yesterday, 13:15
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Grup Serban Holding Invests EUR3M In Increasing Storage, Sorting And Packaging Capacity
yesterday, 13:02
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, on Wednesday said it received the... more
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WDP Rakes In EUR14.6M Rent Income in 1Q/2022 in Romania
yesterday, 10:39
In the first quarter of 2022, Belgium’s WDP posted rent income worth EUR14.6 million related to the 60 properties it owns in Romania. more
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Tulcea-based Fraher Set to Open Dairy Plant in Late 2022
yesterday, 09:37
The milk processing plant of Tulcea-based Fraher, whose construction started in 2020, will be opened at the end of this year in the wake of EUR6... more
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Rompetrol Rafinare 1Q/2022 Losses Widen Ninefold from 1Q/2021
yesterday, 09:28
Financial securities did not protect Rompetrol Rafinare, the company managing Petromidia, Romania’s biggest refinery, from the Ukraine war impact... more
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Instant Factoring, TechVentures Bank Team Up To Support SMEs In Romania
05.17.2022
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KeysFin: Local Freight Carriers’ 2021 Turnover May Hit Record High Of RON75B
05.17.2022
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Traffic On Bucharest Airports Tops 3 Million Passengers In Jan-April 2022
05.17.2022
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Cemacon Makes 130% Higher Profit in Q1
05.17.2022
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SenseTask Raises EUR215,000 Seed Funding To Scale Up Smart Document Processing Solution
05.17.2022
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Packaging Maker Promateris Revenue Up 22% to RON43M in Q1
05.17.2022
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Digi Communications’ Revenue Up 21% YoY To EUR361M In 1Q/2022
05.17.2022
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Vienna Insurance Group Ends 1Q/2021 With EUR124M Profit Before Tax And EUR3.45B Underwritings
05.17.2022
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EY: Number Of Eurozone Businesses And Households Unable To Repay Their Bank Loans Set To Rise
05.17.2022
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MAM Bricolaj Hits RON14M Turnover in 1Q/2022, Up 16.2% vs 1Q/2021
05.17.2022

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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?
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Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than previously forecast (in November 2021), the minutes of the monetary policy meeting of Romania’s central bank (BNR) say.
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