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Online retailer eMAG is launching a new shop-in-shop, with hair care, styling devices and make-up products, Hair & Make-up Shop.
Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian real estate developer Immofinanz.
CANCOM Romania, a subsidiary of CANCOM SE, one of the leading integrated IT services providers in Germany, in 2023 registered RON6 million net profit, up 79% from the previous year.
SoftOne group, a leading business software provider in Greece and SE Europe, which operates in Romania via SoftOne Romania, wants to expand nationwide and is looking at potential acquisitions, Radu Opris, who has recently taken over as international general manager of SoftOne Group, told ZF.
SW Umwelttechnik Romania, the local subsidiary of the Austrian company of the same name, a maker of precast concrete products, boosted turnover by 21% in 2023, to RON230.2 million.
Alpin 2003, the company that manages hotel compound Alpin Resort Hotel, a major tourism player in Poiana Brasov resort, ended 2023 with turnover worth RON66.5 million (EUR13.5 million), up 22% from 2022.
The Board of Directors of natural gas transmission company Transgaz (TGN.RO) has convened on June 5 the extraordinary general meeting of shareholders to vote on establishing a limited liability company for hydrogen transmission, the company said in a stock market report on April 26.
Romania's Competition Council announced on April 26 that it had approved the transaction through which Ubitech Constructii SRL intends to take over Copraag Entrepreneur SRL.
Romania's Competition Council announced on April 26 that it had approved the transaction whereby AEQH24 GmbH intends to take over NIFCO Germany, including its subsidiaries, SEGO GmbH, Germany, NIFCO Germany d.o.o., Serbia and NIFCO KTW America Corporation, USA.
Aquila Part Prod (AQ.RO), an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, has finalized the acquisition of 100% in Parmafood Trading SRL and Parmafood Group Distribution SRL, following fulfillment of all suspensive conditions stipulated in the contract, it said in a release.
The shareholders of port operator Socep Constanta (SOCP.RO) have rejected the proposal of shareholder Sammarina Imobiliare SA regarding the distribution of dividends in the amount of RON50 million, from the 2023 net profit, the company announced in a stock market report on April 26.
Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on Friday show.
Romanian state-run port operator Oil Terminal (OIL.RO) has announced in a stock market report that its shareholders approved in their ordinary general meeting of April 26 the distribution of RON9.6 million as dividends, from the company's 2023 net profit, of RON15.3 million.
The shareholders of Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) approved in their ordinary general meeting of April 25 the distribution of RON58.7 million as dividends owed to investors, the company announced in a stock market report.
Romania’s state-owned natural gas producer Romgaz has informed the capital market about its shareholders’ decision to distribute 20% of 2023 net profit under the form of dividends.
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate will average 5.33%.
Raiffeisen, the Romanian subsidiary of the Austrian group of the same name, will distribute dividends worth RON860 million, namely half the record high profit of 2023.
Spyrosoft Solutions SRL, the local subsidiary of Poland’s software engineering company, in 2023 registered RON46 million turnover, over fourfold bigger than in 2022.
German retailer Kaufland has opened a new unit, in Nasaud city, Bistrita-Nasaud county, thus reaching a network of 178 hypermarkets nationwide.
Cristian Rusu, the entrepreneur who bought back Casa Rusu-Rus Savitar group from the investment fund Greenbridge to which he had sold it in 2019, says that since late last October, when he reentered its shareholding structure, he has taken a series of measures to gradually bring the business back to growth.19990 items