zfenglish.com
@zfenglish 5 hours ago
Schoenherr Advises AMCO On Cross-border Sale Of NPL Portfolio Spanning Four Jurisdictions In The Region, Including Romania
Schoenherr advised AMCO - Asset Management Company SpA on the cross-border sale of a legacy portfolio of non-performing loans and leasing contracts (NPLs) originally acquired from Veneto Banca, spanning exposures across Romania, Moldova, Albania and Croatia, to Valori Capital.
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zfenglish.com
@zfenglish 1 hours ago
Romania's Central Bank Sets Reference Exchange Rate At RON5.3527/EUR On October 6
The euro reached a new all-time high against the leu on Tuesday (October 6), as Romania's central bank published a reference exchange rate of RON5.3527 per euro, up from the RON5.3306 on Monday (October 5).
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@zfenglish 2 hours ago
Agricover Group Invests RON12M In Agricover Pay, A Digital Financial Platform Dedicated To Agriculture And Farmers
Agricover Group, one of the leading players in the Romanian agribusiness market, controlled by businessman Jabbar Kanani, has invested RON12 million in the agri-fintech Agricover Pay, thereby "closing the loop" of products and services offered to farmers.
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@zfenglish 3 hours ago
World Bank Expects Romania's Economy To Shrink By 0.5% In 2026
The World Bank expects Romania's gross domestic product (GDP) to contract by 0.5% in 2026 as fiscal consolidation and higher energy costs weigh on domestic demand, as per the Bank's latest Europe and Central Asia Economic Update, Making AI Work: Jobs, Firms, and Productivity published on Tuesday, October 6, 2026.
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@zfenglish 5 hours ago
Statistical Office: Romania Retail Sales Down 5% YoY In January-August 2026
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) fell by 5% in unadjusted data and by 5.1% when adjusted for seasonality and number of working days in January-August 2026 versus the same period of 2025, the country's statistical office INS said on Tuesday (October 6).
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@zfenglish 6 hours ago
Star Invest Imobiliare Signs Letter of Intent for Acquisition of Bucharest Office Building
Star Invest Imobiliare on September 2 signed a non-binding letter of intent for the complete takeover of the company that owns a Bucharest office building of around 5,000 square meters.
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@zfenglish 6 hours ago
Bucharest Tribunal Dismisses Petition to Open Insolvency Proceedings Filed against Impetum Investments
Bucharest Tribunal on October 5 dismissed as unfounded the petition to open insolvency proceedings filed in June against Impetum Investment, a holding that finances private equity and venture capital funds and has two bond issues listed on the AeRO market of BVB.
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@zfenglish 7 hours ago
Automobile Dacia Halts Production for Two Days in October, Starts New Voluntary Redundancy Program
Automobile Dacia is halting production for two days to align output with the order volume and is planning new voluntary redundancy campaigns.
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@zfenglish 7 hours ago
Anytime Romania Aims to Invest EUR30M in 4-5 Years
Anytime Romania, the digital insurance brand of Interamerican, part of Dutch group Achmea, after around one year of activity locally reached around 60,000 clients and over RON100 million in gross underwritten premiums.
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@zfenglish 7 hours ago
Carmeuse Holding Swings to Loss in 2025
Belgium's Carmeuse Holding, which holds three lime plants in Romania, for 2025 reported turnover worth RON198.5 million (around EUR39.4 million), down 5.5% from 2024, in line with ZF calculations based on Finance Ministry data.
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@zfenglish 7 hours ago
Agrotex Satu Mare Returns to Profit in 2025
Farm input supplier Agrotex Satu Mare in 2025 registered turnover worth RON583 million (EUR115.6 million), up 16% from 2024, in line with ZF calculations based on Finance Ministry data.
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@zfenglish Mon, 05 Oct 2026 13:36:00
Clifford Chance Advises Cris-Tim Family Holding On Acquisition Of Via Trend Ready Meals From Oresa Ventures And Its Founders
Clifford Chance Badea, the Bucharest office of the global law firm Clifford Chance, advised Cris-Tim Family Holding on the full acquisition of Via Trend Ready Meals SRL and its subsidiary Snack4U Concept SRL from the investment fund Oresa Ventures and its founders.
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@zfenglish Mon, 05 Oct 2026 13:04:00
CFA Romania Expects Country's Economy To Grow By No More Than 0.5% In 2027, Falling Short Of All International Forecasts
Romania's economy will grow by 0.5% at most in 2027, CFA Romania analysts estimated on Monday, October 5, 2026.
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@zfenglish Mon, 05 Oct 2026 10:05:33
PwC: Romanians Are Turning To AI For Medical Information More Often Than Other Consumers In The Region
Romania stands out for the speed at which consumers are adopting AI in healthcare, with more than half (53 percent) of local participants in PwC's global Voice of the Consumer 2026 survey saying they use AI tools as their first source of information about health and wellness, a higher share than at regional (47 percent) or global level (51 percent).
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@zfenglish Mon, 05 Oct 2026 09:26:32
Deloitte: Private Equity Investors Maintain Confidence In Central Europe's Outlook
Private equity investors in Central Europe maintain their confidence in the region's outlook, despite the difficult context, and the confidence index remains stable, pointing to continued optimism in the coming months, according to the latest edition of the Deloitte Central Europe Private Equity Confidence Survey.
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@zfenglish Mon, 05 Oct 2026 09:37:34
Standard & Poor's Affirms Romania 'BBB-/A-3' Ratings, Outlook Negative
Standard & Poor's (S&P) Global Ratings on October 2 affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Romania, as the outlook remains negative.
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