French Arval Group has launched on the Romanian market a mobile car sharing application exclusively dedicated to companies, which focuses on the comfort and mobility of employees.
The employment rate for the working age population (15-64 years) was 63% in the fourth quarter of 2023, decreasing by 0.3 percentage points compared to the third quarter of 2023, data from Romania's statistics board INS showed on Friday (March 15).
Romania's current account deficit stood at EUR1.35 billion in January 2024, almost double the EUR760 million level reported in January 2023, central bank data showed on Friday (March 15, 2024).
BET Patria-TradeVille (BVB ticker:TVBETETF), the first Exchange Traded Fund (ETF) in Romania, listed on the Bucharest Stock Exchange, reached assets of RON220.5 million in mid-March, more than 13 times higher in the last three years.
Real estate developer Speedwell, founded by Didier Balcaen and architect Jan Demeyere, has started construction works for the second residential building part of the urban regeneration mixed-use project PALTIM of Timisoara.
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.