Found 19015 news
Airbag manufacturer GST Safety Textiles Ro, the local subsidiary of Germany concern Global Safety Textiles, acquired in 20211 by South Korea’s Hyosung group, for 2023 reported a turnover of RON504.2 million (EUR101.9 million), up 2% from nearly RON492.8 million (EUR99.9 million) reported in 2022, according to calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the events scheduled in Cluj-Napoca.
Raiffeisen Asset Management (RAM), which manages 13 investment funds and the Raiffeisen Acumulare voluntary pension fund, has reached EUR1.05 billion in total assets under management, higher by EUR180 million since the beginning of 2024.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it signed a contract for refurbishment works at AHE Vidraru, as Beneficiary.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it made RON1.1 billion worth of deposits with state-run lender Exim Banca Romaneasca.
The manufacturing production level declined in June 2024 for the first time in the last three months, just like the employment level, and cost pressure has increased, according to a report regarding the BCR PMI® index for the manufacturing industry.
The shareholders of natural gas producer and supplier Romgaz (SNG.RO) on Monday approved among other things a EUR1.5 billion note issuance program, of which EUR500 million an inaugural issue prepared for July 2024, the company said in a report to the Bucharest Stock Exchange.
Romania's Finance Ministry raised RON2.2 billion from banks on Monday (July 1), selling government paper in two auctions, at annual average yields of 6.01% and 6.87%, respectively.
Romania's foreign exchange reserves stood at EUR64.39 billion at the end of June 2024, compared with EUR65.07 billion on May 31, 2024, central bank data showed on Monday (July 1, 2024).
International hotel group Hilton Group has concluded a franchise partnership with Romanian company Izvoare Resort for the opening of the first resort in Romania under one of the Hilton brands.
Romania's Competition Council has approved the operation through which SD Worx People Solutions NV intends to acquire Romanian Software S.R.L.
The Bucharest Stock Exchange (BVB) is launching the first version of the Q chatbot, a digital solution based on artificial intelligence (AI), to answer questions from those who want to learn more about the stock exchange and stock exchange investments, according to a press statement.
Medical services network MedLife has announces in a stock market report on Monday (July 1) the signing of a new transaction regarding the acquisition of the entire package of shares in the Antares Clinic group, one of the leading providers of private medical services in Romania's region of Moldavia.
Three quarters of Romanians estimate that in the next six months they will spend more for food, clothes, DIY products and travel, reveals PwC Voice of Consumer 2024 for Romania.
Luxoft Romania, a wholly owned subsidiary of US company DXC Technology and one of the largest software development and IT solutions company in Romania, in 2023 registered rising turnover and headcount.
IBB-HIB Romania, a construction company of Bucharest, owned by Craciunescu family, has projects worth EUR270 million underway, due to be completed by 2027.
Group of firms EnergoBit, with EnergoBit SA as the largest company of the group, aims to reach RON550 million turnover this year, up from the almost RON488 million result of 2023.
Rotolito, an Italian-held company operating in the field of book and magazine printing, will invest over EUR5 million to technologically upgrade the book binding and finishing department.
Telecommunications operator Digi (DIGI.RO) on Friday evening notified the Bucharest Stock Exchange of having granted conditional stock options of 80,000 shares to CEO Serghei Bulgac and 60,000 to executive director Valentin Popoviciu on June 27, 2024, if certain performance criteria are met.
The shareholders of Hidroelectrica, the largest energy producer in Romania and the largest company listed on the Bucharest Stock Exchange approved the revised spending and revenue budget for 2024 in a meeting on Friday, June 28, the company said in a report.19015 items