Chemical compound Chimcomplex Borzesti will carry out a Stock Option type program via which it will offer free stock to employees, managers, administrators and other affiliated legal entities to motivate and reward them.
BRD Soc Gen, Romania’s third largest lending institution by assets, is convening its shareholders to approve among others the distribution of RON980.5 million from 2023 profit under the form of dividends.
Integrated meat and meat products manufacturer Ferma Zootehnica, controlled by Lazar family, for 2023 reported EUR51.8 million turnover and expects 5% growth in 2024.
Taffo, a construction firm of Baia Mare owned by three shareholders, has acquired an industrial building which it plans to turn into an office space, as part of an urban regeneration project.
Agromar Balotesti, a fodder producer of Fierbinti-Targ, Ialomita county, with a two-decade presence on the market, plans to expand in the retail area this year by opening another 10 own stores, thus reaching 30.
Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, reached an overall volume of gross written premiums of EUR119.5 million at end-2023, up 10% from 2022, in line with data provided by Uniqa.
NN Asigurari, the general insurance division of NN Romania, has received the approval of the Financial Supervisory Authority (ASF) to increase its share capital by RON24.5 million, up to nearly RON88.6 million, in line with data provided by ASF at the request of Ziarul Financiar (ZF) daily.
Construction firm Dimex-2000 Company, controlled by entrepreneurs Ioan and Neluta Lucretia Scurtu from the locality of Rebrisoara (Bistrita-Nasaud County), reported a turnover of over RON273 million (EUR55.2 million) for 2023, up nearly 51% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Vastint Romania has announced the start of the second phase of its real estate project Timpuri Noi Square, the urban regeneration project for the Timpuri Noi area in Bucharest.
Pharmaceutical manufacturer Antibiotice Iasi (ATB.RO) is summoning its shareholders to approve, among others, the distribution of RON31 million from the company's 2023 profit under the form of dividends.
Romania had some 4.98 million pensioners at the end of 2023, fewer by 11 thousand people than in the fourth quarter of 2022, and the monthly average pension was RON2,125, up 13.9%, according to data provided by the country's statistics board INS.
Romania's Finance Ministry raised RON1.7 billion from banks on Thursday (March 14), selling government paper in two auctions, at annual average yields of 6.03% and 6.65%, respectively.
Romania's M&A market recorded 189 completed deals worth EUR4.3 billion in 2023, down nearly 20% from EUR5.2 billion in 2022, according to analysis by PwC Romania.
The average net salary in Romania decreased by 4.3% in nominal terms in January 2024 compared to December 2023, to 4,859 (EUR991), data from the country's statistics board INS showed on Thursday (March 14, 2024).
SIFI Cluj Retail SA Bucuresti, a company in which Cyprus-registered SIF Imobiliare fund owns 96.3%, announced the signing of an agreement for the sale of all the real estate and fixed assets part of its portfolio for EUR24.3 million.
The six entrepreneurial companies part of Morphosis Capital Fund I portfolio in 2023 ended the year with overall turnover worth EUR100 million, up 49% from 2022.
SoftOne Romania, the local subsidiary of Greek software solutions provider of the same name, wants to reach a team of over 50 employees in the two offices it owns in Romania, in Bucharest and Brasov, and seeks to hire 12 specialists.
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of XCity Towers, the 1,000-apartment compound located in northern Timisoara.
New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4% compared to the volume of new loans accessed in 2022, in line with data centralized by the platform Dreptul La Banking (the Right to Banking) created by the Romanian Banking Association (ARB).