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German group ZF, which has plants in Roman, Oravita, Lupeni and Marghita, seeks to hire 400 engineers at the R&D services center of Timisoara.
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in Q1/2024 registered EUR5 million net profit, 2.5 times bigger than the gain of the same period of 2023.
The investment level planned by the six largest drug makers in the plants they have in Romania reaches RON350 million in the 2024-2025 period, in line with ZF calculations, as projects are starting to shape up.
Allianz-Tiriac, the second largest insurer in Romania, ended 2023 with RON3.5 billion underwritings, up 21%, and RON346 million, 44% higher than in 2022.
One United Properties (ONE.RO), one of the largest real estate local investors and developers, has signed a ten-year lease with DP World Romania, a provider of logistics and supply chain solutions, for 700 square meters in the Class A One Cotroceni Park office building.
Outsourcing service provider Genpact Romania continues national expansion and opens an artificial intelligence innovation center, its officials said at an event organized at the new location.
Bogdan Neacsu, the chief executive officer of CEC Bank, the third largest lender in Romania by assets, has got his second term as chairman of the Romanian Association of Banks (ARB), after having been elected to the position in May 2021.
The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari, on the Multilateral Trading System of the Bucharest Stock Exchange, the AeRO market.
Redport Capital, one of the most dynamic local housing developers, has started works for phase three of The Level Apartments project as it got the building permit.
Medima Health, a player on the medical imaging market set up four years ago, wants to reach 22 clinics by end-2024, after having already opened two units in Deva and Resita.
Russian retailer Svetofor has “quietly” reached 11 stores opened in Romania and RON80 million turnover.
The turnover of carmaker Automobile Dacia climbed by 1% in 2023, to EUR5.259 billion. The company’s net profit was unchanged at EUR107 million, while the number of employees went down from an average of 12,209 in 2022 to 11,457 in 2023.
The gross minimum wage will rise to RON3,700 from 1 July, Prime Minister Marcel Ciolacu announced after Thursday's meeting with the National Tripartite Council for Social Dialogue.
2B Intelligent Soft SA (Bento, Intellectually Curious - BENTO.RO) a Romanian entrepreneurial company that provides software development services and IT infrastructure and Cloud services, posted operating revenue of RON25.6 million in the first quarter of 2024, a 201% increase on the year-ago period.
Romania's annual inflation rate is expected to decline to 4.9% in December 2024, from a previous projection of 4.7%, and to fall only marginally inside the variation band of the target at the end of the projection horizon, i.e. to 3.4% in March 2026, in line with prior forecasts, as per the minutes of the monetary policy meeting of the Board of Directors of Romania's central bank, of May 13, 2024, released on May 23.
May 28 is the first trading session on the Bucharest Stock Exchange of Premier Energy (PE.RO), following the initial public offering the natural gas supplier conducted between May 8 and 15, the stock market operator announced.
Grup Feroviar Roman, the most important company of the Grampet group and the leader of the rail freight transport market, targets a turnover of RON1.28 billion in 2024, higher than RON1.05 billion in 2023, according to company officials.
Golden Food Snacks, the producer of the ELMAS seeds, has borrowed RON2.8 million from Romanian state-run lender CEC Bank, as per a stock market report.
Horia Manda, Chairman of the Board of Directors of Patria Bank, executive partner at Axxess Capital, and non-executive member of the Board of Directors of real estate developer One United Properties (ONE.RO), has bought 790,000 ONE shares from stock market investors, for nearly RON696,000.
State-run company Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, announced in a stock market report on May 23 that it concluded a contract of EUR14.3 million with Canadian company Candu Energy for engineering services.19029 items