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SoftOne Romania, the local subsidiary of Greek software solutions provider of the same name, wants to reach a team of over 50 employees in the two offices it owns in Romania, in Bucharest and Brasov, and seeks to hire 12 specialists.
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of XCity Towers, the 1,000-apartment compound located in northern Timisoara.
New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4% compared to the volume of new loans accessed in 2022, in line with data centralized by the platform Dreptul La Banking (the Right to Banking) created by the Romanian Banking Association (ARB).
SIF Imobiliare, held by Lion Capital, said in a stock market report that it sold its entire ownership stake in SIFI BH Retail Oradea, a company that leases out real estate assets, for a total amount of EUR9.5 million and RON474,900.
The clients of Investimental, the newest broker on the Romanian capital market, have opted for diversified investments over the last seven months, showing a strong preference for a mix of high-growth US tech stocks and stable, high-yield Romanian companies and government bonds.
Grupul Medisprof, which holds in Cluj Napoca the largest private oncology hospital in western Romania, has inaugurated a similar medical facility in Piatra Neamt (northeastern Romania), within a project funded by ING Bank.
More than 40 teams from Romania, Bulgaria, the Republic of Moldova, Ukraine, Serbia and Hungary have signed up for Startup Reaktor, an internationalization program through which they have access to pre-seed investments and the opportunity to expand into Western Europe and Scandinavia, the representatives of the program said in a statement.
tbi bank, present on the Romanian, Bulgarian and Greek markets, reported a consolidated net profit of EUR42.4 million for 2023, 16% higher than the EUR35.5 million profit reported for 2022.
The share of industrial and logistics leasing transactions outside of capital city Bucharest reached a record high in 2023, while transactions in Bucharest touched a record low, with the total volume of lease contracts nearing 770,000 square meters, slightly lower than the record high of 830,000 square meters reported in 2022, as per the annual report released by Colliers.
Electricity distribution company Distributie Oltenia will be investing RON48 million in a project aimed at expanding the electrical distribution networks in the towns of Simian and Obarsia Closani (Mehedinti County).
Law firm Filip & Company provided legal advice to ROCA Industry, Romania’s leading construction materials holding company, in relation to the process of increasing its share capital by a total RON71.7 million and to the transfer of its shares from the AeRO Premium Market to the Main Market of the Bucharest Stock Exchange.
Romania’s industrial production decreased by 4% in unadjusted data in January 2024 versus January 2023 and by 3.9% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Wednesday (March 13, 2024).
Romania's annual inflation grew at a slower pace in February 2024, by 7.2% compared to February 2023, data from the country's statistics board INS showed on Wednesday (March 13).
Specialists continue to be the most difficult candidate category to recruit, particularly in fields such as construction, finance – accounting or manufacturing, where employers generally face a talent shortage.
The latest EY Reimagining Industry Futures Study confirms generative AI’s (GenAI) status as a breakthrough technology, with 43% of the 1,405 enterprises surveyed investing in it. Overall, GenAI ranks third among the nine emerging technologies tracked in the study, with “Automation and AI” ranking first.
The Finance Ministry starting Wednesday, March 13, launched a new edition of Tezaur T-bills program, with 1 and 3-year maturities and annual interest rates of 6.1% and 6.85% respectively.
Tucano, a coffee shop network whose story began in Chisinau 12 years ago, ended last year with 50 units and overall sales worth EUR17 million.
Inatech Packaging, a group from the packaging industry, plans to expand in the region, mainly targeting the markets of Hungary and Bulgaria.
Retailer La Cocos, controlled by entrepreneur Iulian Nica, is opening its fifth store in Pitesti, in the space where a PIC hypermarket operated previously.
Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, reported gross written premiums of EUR13.8 billion for 2023, higher by 10% than in 2022, while profit before taxes grew by 32% to nearly EUR773 million.19075 items