Found 19531 news
Geld Capital Management and its subsidiary, Repaco Capital, will be inaugurating the Curtea de Arges Retail Park on April 17.
Real estate developer Hagag Development Europe, held by businessman Yitzhak Hagag, has signed a partnership agreement with investment group Niro Investment Group to buy 50% in the H Herastrau Park project, which includes retail and office space, near the Herastrau Park.
US restaurant chain Popeyes will be opening its first restaurant in Romania's city of Iasi, in the new shopping center Moldova Mall, on April 17.
Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, targets a significant improvement in financial and operational performance, with total revenues of RON125.3 million, up 20% versus 2024, according to the company's consolidated revenue and expense budget for fiscal year 2025.
IT infrastructure and security integrator Arctic Stream has proposed a RON1.4/share dividend to its shareholders, up 75% from the one proposed in 2022, at its first general ordinary meeting of shareholders as a listed company.
Life in Codes, Atlassian solution partner and reseller in Romania, ended 2024 with EUR7 million turnover, up over 7% from 2023. Of total turnover, EUR1.2 million came from Romania market, significantly higher from the previous year.
Mobexpert, a major furniture producer and retailer locally, relocated the Cluj-Napoca store and opened it last week, with the new space having an over 4,300-sqm area.
Brewer Bermad in 2024 posted RON16 million net profit, 41.7% above the 2023 level. Revenues went up by 10.7% to RON46.8 million, while expenses neared RON40 million, 17.3% higher than in 2023.
Autoitalia, the importer of Fiat, Jeep, Alfa Romeo and Chinese brand Leapmotor, is likely to also start Chery imports locally, in line with car market sources.
The shareholders of chemical producer Chimcomplex (stock symbol: CRC) have approved on April 11 the "contracting of loans in a maximum amount of EUR60 million from any sources, banking and non-banking, including from shareholders or affiliated persons, and setting up guarantees to secure the reimbursement of loans," as per a stock market report.
Organic fertilizer producer Norofert (NRF.RO) announced on the Bucharest Stock Exchange on Friday evening that it had signed a RON9.4 million contract, VAT included, with an entity operating in the distribution of farm inputs in Romania.
Real estate consultant North Bucharest Investments (NBI) has launched a dedicated rental division, NBI Rentals, with a portfolio of over 400 apartments and houses, whose revenue has reached a 3% share of the total group’s.
Romania's Competition Council is analyzing the transaction through which AutoWallis Nyrt. and Salvador Caetano Auto SGPS S.A., via NSN RO S.R.L., acquire certain assets of Renault Commercial Roumanie S.R.L.
Romania's current account deficit stood at EUR4.8 billion in January-February 2025, 84% higher than the EUR2.6 billion level reported in the same period of 2024, central bank data showed on Friday (April 11, 2025).
Israel's group Nofar Energy, one of the most dynamic renewable energy investors in Romania, has signed an EPC (Engineering, Procurement & Construction) turnkey and O&M (operation and management) contract for a 265 MW photovoltaic power plant in Corbii Mari (Dambovita County).
The average net salary in Romania stood at RON5,351 (EUR1,074) in February 2025, higher by 9.7% in nominal terms compared to February 2024 and by 4.5% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Friday (April 11, 2025).
APS Holding, a Czechia-based non-performing loan manager, has completed the takeover of real estate company IMO Property Investments Bucharest and its portfolio from Eurobank SA.
PartnerVet, a company controlled by Romanian entrepreneur Ferenc Korponay and Dragic family, is expanding its operations into Cluj by acquiring vet clinic Trivet founded 29 years ago by doctor Andrei Timen.
Romania's annual inflation rate stood at 4.9% in March 2025, slightly lower than the 5% rate recorded in January and February 2025, data from the country's statistical office INS showed on Friday (April 11).
Home sales in the first quarter of 2025 dropped by 5.4% in Bucharest, while Ilfov county saw a 2.4% increase against the year-earlier period, reveals an analysis conducted by real estate consultancy SVN.19531 items