ZF https://www.zf.ro/ Ziarul Financiar - ZF.ro ro ZF.ro Thu, 20 Nov 2025 15:58:15 GMT ZF webmaster@zf.ro (webmaster) BCR Raises EUR500M With Its Second Eurobond Issue https://www.zfenglish.com/banks-insurance/bcr-raises-eur500m-with-its-second-eurobond-issue-22956267 https://www.zfenglish.com/banks-insurance/bcr-raises-eur500m-with-its-second-eurobond-issue-22956267 Thu, 20 Nov 2025 15:56:10 GMT Banks-Insurance <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19567/22956267/1/euro-publimedia-shutterstock.jpg?width=160&height=120"/> BCR has successfully completed its second Eurobond issue, raising EUR500 million and consolidating success on international capital markets, the bank said on Thursday. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=160"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=160" border="0" alt=""/> </a> Finance Ministry Raises RON500M From Banks On November 20 https://www.zfenglish.com/banks-insurance/finance-ministry-raises-ron500m-from-banks-on-november-20-22956139 https://www.zfenglish.com/banks-insurance/finance-ministry-raises-ron500m-from-banks-on-november-20-22956139 Thu, 20 Nov 2025 14:58:17 GMT Banks-Insurance <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19567/22956139/1/lei-bani.jpg?width=160&height=120"/> Romania's Finance Ministry raised RON500 million from banks on Thursday (November 20), selling bonds at an annual average yield of 6.90%. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=789"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=789" border="0" alt=""/> </a> November Fidelis Government Bonds Worth Over RON1.3B Start Trading On Bucharest Stock Exchange https://www.zfenglish.com/capital-market/november-fidelis-government-bonds-worth-over-ron1-3b-start-trading-22955997 https://www.zfenglish.com/capital-market/november-fidelis-government-bonds-worth-over-ron1-3b-start-trading-22955997 Thu, 20 Nov 2025 11:22:15 GMT Capital Market <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19568/22955997/1/1-ministerul-finantelor-suna-clopotelul-bvb-pentru-marcarea-list.jpg?width=160&height=120"/> The primary public offering of Fidelis government bonds took place during the November 7- 14 period through the trading system of the Bucharest Stock Exchange (BVB). <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=920"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=920" border="0" alt=""/> </a> Simtel Team Commissions Giurgiu Photovoltaic Park https://www.zfenglish.com/companies/energy/simtel-team-commissions-giurgiu-photovoltaic-park-22955979 https://www.zfenglish.com/companies/energy/simtel-team-commissions-giurgiu-photovoltaic-park-22955979 Thu, 20 Nov 2025 11:10:34 GMT Energy <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19652/22955979/1/screenshot-2025-11-20-111006.png?width=160&height=120"/> The management of Simtel Team (stock symbol: SMTL), an engineering and technology company and one of Romania's leading renewable energy providers, on November 20 informed the market about the commissioning of the photovoltaic park in Giurgiu, the largest solar park in Romania built on degraded land. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=706"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=706" border="0" alt=""/> </a> Statistical Office: Romanian Construction Works Up 9.3% YoY In January-September 2025 https://www.zfenglish.com/macroeconomics/statistical-office-romanian-construction-works-up-9-3-yoy-in-january-22955965 https://www.zfenglish.com/macroeconomics/statistical-office-romanian-construction-works-up-9-3-yoy-in-january-22955965 Thu, 20 Nov 2025 10:31:17 GMT Macroeconomics <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19566/22955965/1/2827198-publimedia-shutterstock-copy.jpg?width=160&height=120"/> The volume of construction works in Romania grew by 9.3% in unadjusted data and by 9.2% when adjusted for the number of working days and seasonality, in January-September 2025 compared to the same period of 2024, data from Romania’s statistical office INS show on Thursday (November 20). <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=111"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=111" border="0" alt=""/> </a> Romania Still Appealing Market for Real Estate Investment https://www.zfenglish.com/companies/real-estate/romania-still-appealing-market-for-real-estate-investment-22955960 https://www.zfenglish.com/companies/real-estate/romania-still-appealing-market-for-real-estate-investment-22955960 Thu, 20 Nov 2025 09:50:21 GMT Real Estate <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19651/22955960/1/juzzepo-vcee2hrsjl0-unsplash.jpg?width=160&height=120"/> Romania continues to lure real estate investors owing to the competitive yields of prime projects, with levels of 7.5% for office buildings and 7.75% for industrial projects, above those of more mature markets such as Czechia or Poland, reveals the Colliers-CEE Investment Scene Q1-Q3 2025 report. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=785"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=785" border="0" alt=""/> </a> IT Continues To Boast Highest Salaries in Romania in 2025 https://www.zfenglish.com/analysis/it-continues-to-boast-highest-salaries-in-romania-in-2025-22955935 https://www.zfenglish.com/analysis/it-continues-to-boast-highest-salaries-in-romania-in-2025-22955935 Thu, 20 Nov 2025 09:18:01 GMT Analysis <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19786/22955935/1/bogdan-badea-ceo-ejobs-romania.png?width=160&height=120"/> The IT sector continues to hold the leading position in Romania salary ranking in 2025 as well, with a net average level of RON8,000 per month, in line with data provided by Salario, a platform developed by recruitment website eJobs. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=922"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=922" border="0" alt=""/> </a> Bader Romania 2024 Turnover Down 20.3% YOY To RON297M https://www.zfenglish.com/companies/bader-romania-2024-turnover-down-20-3-yoy-to-ron297m-22955878 https://www.zfenglish.com/companies/bader-romania-2024-turnover-down-20-3-yoy-to-ron297m-22955878 Thu, 20 Nov 2025 07:59:37 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22955878/2/6-coindu1.jpg?width=160&height=120"/> Car parts manufacturer Bader Romania (the former Coindu Romania) in 2024 posted turnover worth around RON297 million (EUR59.7 million), down 20.3% from 2023, in line with ZF calculations based on Finance Ministry data. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=244"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=244" border="0" alt=""/> </a> Kromberg & Schubert Romania Reports 18% Lower Turnover in 2024 YOY https://www.zfenglish.com/companies/kromberg-schubert-romania-reports-18-lower-turnover-in-2024-yoy-22955873 https://www.zfenglish.com/companies/kromberg-schubert-romania-reports-18-lower-turnover-in-2024-yoy-22955873 Thu, 20 Nov 2025 07:54:53 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22955873/1/11-cabluri-ss.jpg?width=160&height=120"/> Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, in 2024 registered turnover worth RON225.2 million (EUR45.2 million), down 18% from 2023, in line with ZF calculations based on Finance Ministry data. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=142"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=142" border="0" alt=""/> </a> Concelex 2026 Investment Budget, Biggest in Company’s History https://www.zfenglish.com/companies/concelex-2026-investment-budget-biggest-in-company-s-history-22955856 https://www.zfenglish.com/companies/concelex-2026-investment-budget-biggest-in-company-s-history-22955856 Thu, 20 Nov 2025 07:45:35 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22955856/1/radu-piturlea-presedinte-executiv-concelex.jpg?width=160&height=120"/> Local builder Concelex, controlled by Daniel Piturlea, has planned the biggest investment in its history for 2026. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=59"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=59" border="0" alt=""/> </a> One United Properties Starts Procedures To Buy Back Up To 20% Of Its Shares https://www.zfenglish.com/capital-market/one-united-properties-starts-procedures-to-buy-back-up-to-20-of-its-22955573 https://www.zfenglish.com/capital-market/one-united-properties-starts-procedures-to-buy-back-up-to-20-of-its-22955573 Wed, 19 Nov 2025 21:51:19 GMT Capital Market <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19568/22955573/1/one-key-visual-landscape.jpg?width=160&height=120"/> Real estate developer One United Properties (ONE.RO) notified the Bucharest Stock Exchange of having commenced the procedures for implementing the public tender offer (PTO) for up 20% of its share capital, following publication of Decision 79 of its Extraordinary General Meeting of Shareholders in the Official Gazette Issue 5307 on November 5, 2025. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=444"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=444" border="0" alt=""/> </a> Bittnet Systems Signs RON58.5M Contract Via Dendrio Solutions https://www.zfenglish.com/capital-market/bittnet-systems-signs-ron58-5m-contract-via-dendrio-solutions-22955555 https://www.zfenglish.com/capital-market/bittnet-systems-signs-ron58-5m-contract-via-dendrio-solutions-22955555 Wed, 19 Nov 2025 21:29:18 GMT Capital Market <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19568/22955555/1/profimedia-0502088930.jpg?width=160&height=120"/> Bittnet Systems (BNET.RO) announced the signing of an important contract by Dendrio Solutions SRL, a company part of the Digital Infrastructure pillar of the group. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=493"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=493" border="0" alt=""/> </a> Enrico Letta, Former Italian PM, At 2025 ZF Gala: Why Is Europe Lagging Behind? Because It Is A Fragmented Market https://www.zfenglish.com/companies/enrico-letta-former-italian-pm-at-2025-zf-gala-why-is-europe-lagging-22955553 https://www.zfenglish.com/companies/enrico-letta-former-italian-pm-at-2025-zf-gala-why-is-europe-lagging-22955553 Wed, 19 Nov 2025 21:05:00 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22955553/1/7-enrico-letta-5.jpg?width=160&height=120"/> In a world where global competition is dominated by huge economic blocs, the relevance of European countries increasingly depends on their capability to build a real single market, not one fragmented by decades-old national rules – this was the message of Enrico Letta, former Italian prime minister, and the special guest of the 2025 ZF Gala. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=550"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=550" border="0" alt=""/> </a> Trendyol After First Black Friday Round: 47% Of Sales Generated By 4,500 Romanian Retailers https://www.zfenglish.com/companies/retail-consumer/trendyol-after-first-black-friday-round-47-of-sales-generated-by-4-22955393 https://www.zfenglish.com/companies/retail-consumer/trendyol-after-first-black-friday-round-47-of-sales-generated-by-4-22955393 Wed, 19 Nov 2025 17:45:18 GMT Retail&Consumer <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19666/22955393/1/irem-cagr-y-landil-trendyol.png?width=160&height=120"/> Turkish marketplace Trendyol, which entered Romania at the beginning of 2024, has announced the results of the first round of the promotional offers of the second Black Friday edition it held in Romania. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=730"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=730" border="0" alt=""/> </a> AI Startup Profluo Secures EUR850,000 Financing; BCR Seed Starter Led The Funding Round With EUR500,000 Investment https://www.zfenglish.com/companies/technology-telecoms/ai-startup-profluo-secures-eur850-000-financing-bcr-seed-starter-led-22955264 https://www.zfenglish.com/companies/technology-telecoms/ai-startup-profluo-secures-eur850-000-financing-bcr-seed-starter-led-22955264 Wed, 19 Nov 2025 15:18:43 GMT Technology &Telecoms <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19668/22955264/1/cosmin-merisescu-si-bogdan-nafornita-profluo.jpg?width=160&height=120"/> BCR Seed Starter, the first Corporate Venture Capital (CVC) fund created by a Romanian bank, has announced a new investment of EUR500.000 in Profluo, a startup that offers a financial platform that digitalizes and automates document processing and accounting flows through intelligent virtual agents that can scan, process, and reconcile large volumes of documents. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=455"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=455" border="0" alt=""/> </a> RebelDot And GEA Create RebelDot Process Industries – a Joint Venture Accelerating Digital Innovation In Global Process Industry https://www.zfenglish.com/companies/technology-telecoms/rebeldot-and-gea-create-rebeldot-process-industries-a-joint-venture-22955276 https://www.zfenglish.com/companies/technology-telecoms/rebeldot-and-gea-create-rebeldot-process-industries-a-joint-venture-22955276 Wed, 19 Nov 2025 14:55:11 GMT Technology &Telecoms <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19668/22955276/1/tudor-ciuleanu-ceo-rebeldot-tom-oelsner-chief-digital-officer-ge.jpg?width=160&height=120"/> RebelDot, a software development company from Cluj, and GEA, one of the world’s leading suppliers of process technologies and equipment for the food, beverage, and pharmaceutical sectors, announce the formation of RebelDot Process Industries, a joint venture and long-term strategic partnership designed to accelerate digital transformation in the global process industry. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=790"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=790" border="0" alt=""/> </a> PPC Group Unveils Strategic Investments Of EUR10.1B For 2026–2028 Period https://www.zfenglish.com/companies/ppc-group-unveils-strategic-investments-of-eur10-1b-for-2026-2028-22955241 https://www.zfenglish.com/companies/ppc-group-unveils-strategic-investments-of-eur10-1b-for-2026-2028-22955241 Wed, 19 Nov 2025 14:22:37 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22955241/1/georgios-stassis-ppc-group.jpg?width=160&height=120"/> PPC Group has announced an investment plan of around EUR10.1 billion for the next three years, which targets renewable energy, flexible generation, network expansion and modernization, and customer-centric services across Southeast Europe. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=112"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=112" border="0" alt=""/> </a> Ascendia Reports 4.8-Fold Rise In Revenues For 9M/2025 To Over RON29M https://www.zfenglish.com/companies/ascendia-reports-4-8-fold-rise-in-revenues-for-9m-2025-to-over-22955143 https://www.zfenglish.com/companies/ascendia-reports-4-8-fold-rise-in-revenues-for-9m-2025-to-over-22955143 Wed, 19 Nov 2025 13:39:51 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22955143/1/software-ss.jpg?width=160&height=120"/> Ascendia S.A. (ticker symbol ASC), one of Romania’s leaders in e-learning solutions, reported revenues of over RON29 million for the first nine months of 2025, 4.8 times higher than the level recorded in the same period of 2024, per the company's financial report. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=10"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=10" border="0" alt=""/> </a> Statistical Office: Romania Reports More Job Vacancies In Q3/2025 https://www.zfenglish.com/macroeconomics/statistical-office-romania-reports-more-job-vacancies-in-q3-2025-22955103 https://www.zfenglish.com/macroeconomics/statistical-office-romania-reports-more-job-vacancies-in-q3-2025-22955103 Wed, 19 Nov 2025 11:22:39 GMT Macroeconomics <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19566/22955103/1/joburi-afp-1.jpg?width=160&height=120"/> The number of job vacancies in Romania stood at 31.6 thousand in the third quarter of 2025, higher by 0.3 thousand than in the previous quarter, data from the country’s statistical office INS show on Wednesday (November 19). <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=145"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=145" border="0" alt=""/> </a> Cencora Romania Leases over 2,200 Sqms of Office Space in One Cotroceni Park https://www.zfenglish.com/companies/real-estate/cencora-romania-leases-over-2-200-sqms-of-office-space-in-one-22955081 https://www.zfenglish.com/companies/real-estate/cencora-romania-leases-over-2-200-sqms-of-office-space-in-one-22955081 Wed, 19 Nov 2025 09:39:32 GMT Real Estate <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19651/22955081/1/one-cotroceni-park.jpg?width=160&height=120"/> Real estate developer One United Properties has sealed an agreement with Cencora Romania for the relocation of the company’s offices to One Cotroceni Park. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=986"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=986" border="0" alt=""/> </a>