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French food retailer Auchan is carrying out a recruitment campaign for more than 120 employees as it seeks to open two new stores in the coming period, in the northern and southern parts of capital city Bucharest.
The factory by Raiffeisen Bank program, launched seven years ago to support beginner entrepreneurs, has provided funds for more than 560 businesses, of which 130 in 2024, with the total financing value exceeding EUR30 million, as per data offered by the bank.
Principal33, a European software development company founded in Romania, ended 2024 with EUR20.3 million in revenue driven by its Romanian operations, the company said in an announcement on Jan. 29, 2025.
French do-it-yourself (DIY) retailer Leroy Merlin will inaugurate its second store in the city of Iasi, in the first half of 2025, within the new shopping center, Mall Moldova.
Businessman Remus Aurel Benta, a stakeholder in building materials maker Daw Benta and other firms, plans to build a basaltic wool plant near Targu0Mures, an investment put at EUR73 million, via Construct Plus.
Romanian companies conducted 18 transactions abroad in 2024, spending more than $330 million to buy businesses in the US, Italy and Austria, reveals a ZF analysis based on market data and data from audit and advisory firm EY Romania.
Marian Alecu, the entrepreneur who started the McDonald’s network in Romania, is preparing two new investments in hotels, one in Sibiu and the other in the refurbishment of the Banat Hotel in Bucharest.
RIVUS, the mixed-use project developed by IULIUS and Atterbury Europe within an investment estimated at EUR500 million, will bring Chic Chic Urban Fashion to the city of Cluj-Napoca, for the first time.
OMRO IFN, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, will be listing a bond issue of EUR1.56 million on the Multilateral Trading System of the Bucharest Stock Exchange on Thursday (Jan. 30).
A blinkered view of climate change and sustainability has taken hold across the world's investor community and is fueling a focus on short-term performance at the expense of longer-term gains from environmental, social and governance (ESG) investments, according to the latest EY Institutional Investor Survey.
Romanian managers expect relative stability in the economic activity and the number of employees in the manufacturing and services sectors and a sharp increase in prices in the retail trade sector between January and March 2025, in line with a survey conducted by the country’s statistical office INS.
Furniture producer Spectral Mobila, which owns a plant in Vaslui county, ended 2024 with net turnover of EUR7.5 million, 13% higher than in 2023.
Mihai Voicu, general manager of Bergenbier S.A., a company part of Molson Coors Beverage Company, has been appointed chairman of Romanian Brewers Association starting January 2025.
Tricomserv, a Romanian company specialised in industrial production and manufacturing of equipment for water supply and sewage systems, makes its debut in the Multilateral Trading System of the Bucharest Stock Exchange (BVB) with its first issue of corporate, secured and non-convertible bonds, worth RON2.5 million.
Greek group Eurobank has sealed an agreement to sell IMO Property Investments Bucharest, securing the strategic supervision and sale of its Romania real estate assets, to APS Group, an asset manager of CEE.
Oves Enterprise, a software producer of Cluj-Napoca, has earmarked EUR3 million for investments in 2025, to improve the Nemesis AI platform and create commercial AI solutions for flight security and wildfire prevention.
BRD Asset Management managed a significant leap in the ranking of Romania’s largest investment managers by assets and reached the top position at the end of 2024, from fourth at the end of 2023, as its assets increased by around RON2.3 billion. Its market share expanded by 3.7%.
Sporting goods retailer Decathlon, which arrived in Romania in 2009, will resume expansion in the country and open new stores in 2025 and 2026, after having focused on remodeling some of the already existing ones. The remodeling will continue, as well.
Developer Iulius is betting on the expansion of the Palas Iasi and on the start of its project in Constanta.
Kastamonu Romania (the former Prolemn), controlled by Türkiye’s Kastamonu Entegre, anticipates a slight increase in its 2025 turnover, in an optimistic scenario, versus 2024 when it targeted a turnover of EUR160 million.19531 items