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OMV Petrom (SNP.RO) shareholders during a meeting on Thursday, July 25, approved the allocation of a special dividend – the third such dividend after those distributed in 2023 and 2022, in gross amount of RON0.03 per share.
Retailer Carrefour is inaugurating a new rebranded and remodeled hypermarket of those it got from Cora, in the Supernova shopping center on Soseaua Alexandriei in Bucharest.
Allianz-Tiriac Asigurari, part of German group Allianz and the representative in Romania of the world’s most valuable insurance brand, is the official insurer of Romanian athletes and of the delegation of the Olympic and Sports Committee (COSR) at the Paris 2024 Olympic Games.
French-held retailer Auchan is opening a new store under the ATAC Hiper Discount format in Galati on Thursday, after having opened other such stores in Brasov, Ploiesti, Timisoara and Targu Mures.
Italian restaurant Sciccheria, coffee shop Steam, artisanal gelateria Velocita, and artisanal patisserie French Revolution, all of them local businesses, have leased a total of 375 square meters of retail space in the boutique office building Arghezi 4, located in the heart of Bucharest, near Piata Universitatii (University Square).
Crayon Romania, a company specializing in professional IT services and software license resale, part of Norwegian group Crayon, ended 2023 with turnover worth above RON191.2 million (almost EUR38.5 million), up 42% from the previous year.
Law firm PeliPartners has assisted WDP, a major logistic space developer in Romania, in acquiring a portfolio that includes 136,374 square meters of logistic spaces and a land plot of over 300,000 square meters, in a EUR110 million deal.
Vodafone, a major player on the local IT&C market, part of the British group of the same name, for the first quarter of fiscal year 2025, ended in June, reported a number of 6.570 million clients for the mobile telephony service, from 8.6 million a year ago.
PC sales on the Romanian market in 2023 revolved around 920,000 units, down from 2022, when 980,000 units were sold, in line with IDC data, on the uncertain economic and political context, but also as many of digitalization projects via PNRR funds did not materialize.
Automotive seating systems producer Martur Automotive Seating and Interiors, controlled by Turkey’s Martur, which built a plant from scratch in Oarja, Arges county, reached RON1 billion turnover last year, up 12%.
Italian group UniCredit for the first half of 2024 reported net profit worth EUR184 million from Romania operations, up around 39% from the gain of H1/2024, amid rising lending and revenues.
US-held Fluor Corporation and RoPower, the project company for the small modular reactor project on Wednewsday signed an agreement for the second phase of the studies to build the SMRs in Doicesti, called Front-End Engineering and Design Phase 2 (FEED 2).
Direktcar.ro, an auto auction platform Romanians can use to buy or sell cars from wherever they are and five times faster than in any other way, is launching on the Romanian market, the company officials said in a statement. The investment in the development and launch of the platform stands at EUR500,000.
Certinvest, the first independent fund manager in Romania, has announced the launch of FIA Certinvest Sector Focus, an alternative investment fund for retail investors. The fund uses an active diversified allocation strategy targeting economy sectors with global growth potential.
Telecommunications operator Digi Communications (DIGI.RO) on Thursday announced on the Bucharest Stock Exchange that Fitch Ratings had assigned it a Long-Term Issuer Default Rating (IDR) of ‘BB’ and the outlook was stable.
Imo Invest Total is inaugurating Sinaia Plaza on Thursday, the first retail center built from scratch on Valea Prahovei, which comes with a supermarket – Mega Image, and three restaurants, plus several other stores.
Orange group, the largest player on the local communications market, in the first six months of 2024 generated consolidated turnover worth EUR699 million, down 7.7% from the same period of 2023.
Investimental, the newest broker on the local capital market, has reached a number of 2,100 unique clients, in line with the company’s report for its first year of activity.
Packeta Romania, a global digital platform of e-commerce, member of Packeta Group, has extended its network of online stores and partner sellers to over 1,800, almost double from a year ago.
Agrana Romania, the largest player on the sugar market, says it halted the refining process at the Buzau plant back in November 2023.21142 items