Found 19029 news
Florin Melinte has been recently appointed as Deputy CEO of optical retailer Lensa, a position from which, together with Daniel Craciun, Lensa founder and CEO, will support the expansion of the business.
IT and digital marketing services provider Zitec, in which giant online retailer eMAG owns 25%, in 2023 posted an over 40% net profit decline, while its turnover rose by almost 20%.
HELL Energy, one of the biggest players in the energy drinks market, posted RON358.3 million (EUR72.4 million) revenue in 2023, up 12.4% from the RON318.7 million (EUR64.6 million) of 2022, according to ZF calculations based on data from the Finance Ministry website.
Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from the RON1.59 billion in the first half of 2023, while operating income increased to RON4.6 billion from RON3.7 billion.
Cluj-Napoca-based start-up SocialBee, which developed an AI platform for managing social media accounts, has been acquired by Luxembourg’s WebPros Group, a player specialized in providing web hosting, billing and automation solutions.
TAROM continues implementation of its restructuring plan and one of the goals is the sale of the take-off and landing slots on the Heathrow Airport in London to Qatar Airways, a step necessary to ensure economic sustainability of the company.
The European Union member countries with the highest inflation rates in July 2024 were Romania (5.8%), Belgium (5.4%) and Hungary (4.1%), according to data provided by Eurostat, the statistical office of the European Union.
Romania’s central bank expects the inflation to go down to 4% in December 2024 and 3.4% in the last month of 2025, a better outlook than in the previous forecast, particularly for the end of 2024, the institution says in the minute of the monetary policy meeting of August 7.
Life in Codes, Atlassian solution partner and reseller in Romania, ended 2023 with sales of products and services of EUR6.5 million.
BRD Groupe Société Générale has concluded a new partnership agreement with the European Investment Fund (EIF) which will enable it to guarantee loans used to fund sustainable projects.
Real estate developer METAV, whose portfolio includes projects such as Belvedere Residence, Zenville and IQON, has obtained EUR21 million financing from Libra Internet Bank which will be used for the construction of the Bellemonde residential project located in Bucharest's Pipera area.
ROCA Industry, the first industrial holding company in Romania, specialized in the production of construction materials, listed on the main market of the Bucharest Stock Exchange under the stock symbol ROC1, had a cumulative turnover of RON314.5 million in the first half of 2024 , according to its half-yearly financial report.
Real estate developer AFI Europe has announced the acquisition of the Bucharest Financial Plaza office building located in the center of capital city Bucharest, from Austrian group Immofinanz.
NN announced that it paid over RON575 million in the first half of 2024 to life, health, and home insurance clients and to participants to private pension funds managed by NN, which translates into a nearly 30% increase compared to the same period of 2023.
Deloitte Romania and Reff & Associates | Deloitte Legal assisted Nokian Tyres, the Finnish developer and manufacturer of premium tires, in obtaining the EUR99.5 million (RON495.2 million) state aid in the form of a direct grant that will support the establishment of the world's first zero CO2 emission tire factory, located in Oradea, Bihor County.
RetuRO, the administrator of the Deposit Return System (DRS) in Romania, the largest circular economy project in Romania, is opening its sixth center for DRS packaging collection, located in the commune of Almaj, in the county of Dolj.
The volume of construction works decreased, in unadjusted data, by 2.5% in January-June and by 2.2% when adjusted for the number of working days and seasonality, data from the Romania’s statistics office INS showed on Tuesday (August 20).
Romania's Competition Council approved the transaction through which Italy's Guala Closures S.p.A plans to take over Greece's Astir Vitagiannis Bros. S.A., including its subsidiary, Coleus Packiging Proprietary Limited, South African Republic.
Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON223.6 million (EUR45.2 million) revenue in 2023, up 27% from the previous year’s about RON176 million (EUR35.6 million), according to ZF calculations based on Finance Ministry data.
One Pillar II pension fund, Metropolitan Life Pensii Private, bought 35% of the MedLife (M.RO) shares traded on the Bucharest Stock Exchange in June 2024, data aggregated by ZF show.19029 items