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Dorna Medical, a Romanian business on the private healthcare and lab services market, founded by entrepreneurs Rodica and Roman Boca, has opened a new center in Borsa, in Romania's northern region of Maramures.
Bogdan Putinica has announced on his personal LinkedIn page that Microsoft appointed him to the position of General Manager for Central Europe and Asia.
Computer and electronics retailer Flanco, the second largest actor in the local sector by turnover, has relocated its headquarters to the Sky Tower office building in capital city Bucharest, the tallest building in Romania, held by Raiffeisen Property Holding International.
Hosiery manufacturer Ciserom in Sebes, Alba County, ended 2023 with a turnover of RON19 million (EUR3.8 million), close to the 2022 level, as per finance ministry data.
Germany’s drugstore chain dm drogerie markt reported a turnover of RON1.244 billion (EUR251.7 million) for 2023, up 50.1% from nearly RON829 million (EUR168.1 million) level reported for 2022, Ziarul Financiar (ZF) daily has calculated from finance ministry data.
Dietary supplements producer Alevia, held by entrepreneur Florin Mitocaru, ended 2023 with a turnover of almost RON40 million, double against the RON20 million level reported in 2013, Ziarul Financiar (ZF) daily has calculated based on finance ministry data.
Dataware Consulting, part of the Bittnet Group, has received authorization to participate in the construction of 5G networks.
Garanti BBVA Leasing, part of the Garanti BBVA Group Romania, is signing a new EUR10 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to support the development of SMEs in Romania.
Energy Policy Group (EPG), an independent organization specialized in energy-related policies, has analyzed Romania's National Integrated Energy and Climate Change Plan (PNIESC) and found multiple loopholes, among which the lack of detailed implementation plans and of specific sectoral measures, insufficient details regarding the decarbonization of the transport sector and the inadequacy of using renewable energy in industry and buildings.
Venture capital firm Early Game Ventures (EGV) has invested EUR1 million in AI startup CogniSync, which develops software technology that helps streamline workflows to support fast growing companies and teams.
Libra Internet Bank, which has three bond issues worth a total of EUR48 million (RON250 million) in progress on the Bucharest Stock Exchange, will distribute RON100 million dividends from its unallocated 2023 profit, as the shareholders decided, the lender said in a report published on bvb.ro on Monday.
Romania's Finance Ministry has raised RON335 million from banks on Monday (July 22), selling government paper at an annual average yield of 6.80%.
Investment fund Catalyst Romania is strengthening its team with the appointment of two former investment CEOs, Andreea Pipernea and Nick Kovacs, as Senior Advisors.
Romania's Competition Council has carried out an unannounced inspection at the premises of Sun Wave Pharma SRL, a company active on the food supplement distribution market.
Retele Electrice companies, part of the PPC Group, signed credit agreements worth RON1 billion with the European Bank for Reconstruction and Development (EBRD), Banca Transilvania, BCR and ING Bank Romania, as part of a syndicated financing in which the EBRD was the consortium leader.
Red Point Software Solutions, a Romanian company specialized in providing IT services and solutions and the only SAP Platinum partner in Romania, is acquiring Ness Technologies Ro, part of Ness Digital Engineering, present on multiple markets globally, representatives said in a press statement.
A team of PwC Romania mergers and acquisitions consultants advised the shareholders of Global Records group in the sale of a minority stake to global digital music company Believe.
Redbee Software, DRUID, Questo, Ascendia, FintechOS, Pentest-Tools.com, Kinderpedia and Nestor are the eight Romanian companies included in the latest Deloitte EMEA Technology Fast 500, the ranking of the fastest growing technology companies in Europe, the Middle East and Africa.
Global Vision, a real estate business that operates on both the office and industrial space markets, plans to launch a special division for investment and development of green power projects and its own real estate investment platform open to other investors, following the EUR110 million deal with WDP, the second largest actor on the logistics market.
Sile Fulga will become the executive director of the Dacia Vehicle Plant and supervisor of the Mioveni industrial site.21142 items