The group of IT companies Bittnet Systems has informed the local capital market about the successful closing of a private placement offer for new shares in order to increase the capital of Fort SA, a cybersecurity pillar within the group.
Affidea Romania, the biggest player on the medical imaging services market, has bought Odelga clinic of Bucharest, an imaging center located within Bucharest Oncology Institute.
Constanta harbor in 2022 posted the third biggest increase at a European level in terms of the volume of handled freight, with a 15% plus, only behind Poland’s Gdansk (plus 40%) and Spain’s Cartagena (plus 17%), in line with Eurostat data.
Furniture maker Taparo, part of Taparo group of firms founded by entrepreneur Ioan Filip, currently has 70 jobs available at the plant of Targu Lapus, Maramures county.
ELI Parks, one of the most dynamic developers on Romania’s logistic and industrial market, wants to start a new development project, ELI Park Iasi, a logistic and industrial park with a total 63,000-sqm area, to be developed in several stages.
Craiova-based garden machinery company Ruris has invested in a new logistic platform in Craiova and continues its plans to launch a small tractor on the market to meet demand on a market currently covered by Japanese used imported tractors.
Asset manager M&G Investments headquartered in London, having assets worth £330 billion (EUR381 billion) under management, has become a stakeholder in Hidroelectrica with the listing of the electricity producer on the Bucharest Stock Exchange.
Romania Data Centers, Crosspoint Real Estate’s most recent market analysis, assesses Romania’s strengths and weaknesses in regards to the country’s potential of becoming an important destination for data center operators.
Romanian packaging manufacturer Electric of Focsani, held by the Buzaianu family, reported a turnover of RON55.1 million (EUR11.2 million) for 2022, up 23.5% from RON44.6 million (EUR9 million) reported in 2021, as per finance ministry data.
Rompetrol Rafinare has announced in a stock market report on December 5 the completion of the modernization of two new tanks in the storage park of the Petromidia Navodari refinery, and the investment in the two projects reached approximately $6.5 million.
Kempinski, Europe's oldest luxury hotel group, will be opening its first hotel in Romania, under the Kempinski brand, based on a partnership concluded with Rock Development Holding, one of the most active real estate developers on the Bucharest residential market.
Romania's hourly labor costs adjusted to the number of working days increased by 15.15% in the third quarter of 2023 compared to the third quarter of 2022, data from the country's statistics board INS showed on Tuesday (Dec 6).
Romania's industrial production prices for the total (domestic market and non–domestic market) decreased by 2.2% in October 2023 compared to October 2022, data from Romania’s National Statistics Institute INS showed on Tuesday (November 5, 2023).
Bucharest Stock Exchange recorded three DEALS transactions with 47.85 million shares in real estate developer One United Properties (ONE.RO) worth RON43.3 million at 2:22 p.m. on Tuesday, December 5, 2023, Bucharest Stock Exchange data show.
Bucharest Stock Exchange investors, either retail or institutional and maybe even Pillar II private pension funds, put in orders to sell 3.28 billion Fondul Proprietatea (FP.RO) shares in the Fund’s buyback offer, which pays a premium on the trading price. Following the acquisition, the Fund will cancel these shares.
Nuclearelectrica and Framatome have announced the signing of a cooperation agreement to explore the possibility of producing the medical isotope Lutetium-177 at the Cernavoda nuclear power plant.
A third of companies worldwide (34%) anticipate a significant increase in their group’s global effective tax rate, as a result of the implementation of the two-pillar global tax reform coordinated by the Organization for Economic Co-operation and Development (OECD), down from 47% in 2022, according to Deloitte 2023 Global Tax Policy Survey.
A team of deal specialists of PwC Romania and lawyers of D&B David si Baias assisted the shareholders of Paola Confectii in the sale of the business to Canadian group Canada Goose.
Shipbuilder Santierul Naval Orsova has sealed a EUR2.6 million contract for the construction of a river ship for Gebr.DE JONGE Shipbuilding Services of the Netherlands.
Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, currently has 50 jobs available at the plant of Nadab locality, located around 40 km from Arad county.