Found 19075 news
CITR, as the judicial liquidator of Coroana de Aur Hotel, sold the hotel for EUR3.48 million + VAT, to the Moldovan brothers, the owners of the Jelna Winery.
Poland's LPP Group, which owns and operates store chains Reserved, Mohito, Cropp, Sinsay and House, has opened in Romania its first foreign distribution center and the second warehouse managed on the local market, within CTPark Bucharest West, in the commune of Bolintin-Deal.
Romania’s unemployment rate remained unchanged at 5.4% in November 2023 compared to October 2023, data from the country’s statistics institute INS show on Tuesday (January 9, 2024).
Romanian authorities issued 2,700 residential building permits in November 2023, 10.1% fewer than in October 2023 and 15.1% fewer than in November 2022, data from the country’s statistics board INS showed on Tuesday (Jan 9).
Romania's trade balance posted a deficit of EUR25.5 billion in January-November 2023, lower by EUR5.45 billion (-17.6%) compared to January-November 2022 period, data from the country's statistics board INS showed on Tuesday (January 9).
UniCredit Bank Romania has granted a EUR39.3 million loan to Comcris Energy SRL, a subsidiary of Vienna-based renewable energy generation company Energy, with the funds being destined to the development and operation of the solar park of Sarmasag, Salaj county.
CEC Bank has granted a EUR8 million loan to Cerinvest Imobiliare SRL, the developer of shopping center Fashion House Outlet Pallady.
Law firm Filip & Company assisted Fondul Proprietatea in the sale of the minority stake it held in Engie Romania, in a deal worth above EUR86 million.
Farmland operator Holde Agri Invest has taken over another farm, in Braila county, which is set to become the company’s fifth development nucleus.
Nicoltana, the producer of Keia water brands, has taken over natural mineral water bottler Lipova and Lipova 1897 brand.
Prahova-based Feruccio Com, controlled by businessman Ninel-Aurelian Alexandru, one of the eight companies in the processing industry that have signed a state aid contract, will build a precast concrete product plant in Aricestii Rahtivani, near Ploiesti, Prahova county, in an investment put at RON109 million (EUR26 million).
The local hotel market will ad seven new hotels under international brands this year, with around 650 rooms overall.
Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) has called shareholders to decide on extending by six months the contracting of a credit facility under the form of a bank guarantee letter for refunding the advance payment of October 30, 2020, in the amount of RON51.8 million and valid until Jan. 5, 2024, as per a stock market report released on Jan.8.
Romania's Finance Ministry raised RON1.5 billion from banks on Monday (January 8), selling government paper in two auctions, at annual average yields of 6.5% and 6.03%, respectively.
MedLife, the largest private medical services network in Romania, continues to strengthen its expertise in the field of robotic surgery, with the purchase of the da Vinci X robot, within the MedLife Polisano Hospital in Sibiu, the third da Vinci robot of the group.
Law firm Tuca Zbarcea & Asociatii assisted OMV Petrom (SNP.RO) in the two of the most important “green” deals ever conducted in Romania, the acquisition of 50% in the largest wind farm project portfolio, held by Electrocentrale Borzesti, and of Renovatio Asset Management, which owns the largest electric vehicle charging network.
Egger Romania, part of the Austrian supplier of wood-based materials for furniture and interior design, construction and flooring Egger, has budgeted EUR25 million investments for this year to upgrade production facilities and do maintenance work on the wood processing facility in Radauti, Suceava County.
Net investments in new construction works exceeded RON74.188 billion in the first nine months of 2023, accounting for 62.6% of total investments in Romania's economy, compared to 62% in the similar period of 2022, in line with data centralized by the country's statistics board INS.
Gábor Mozga, a former Head of Retail Sales & Operations at MOL Poland, has been appointed Chief Executive Officer (CEO) of MOL Romania, effective January 1, 2024.
Cegeka Romania, the local subsidiary of Belgian IT Group of the same name, announced on January 8 that it appointed Lucian Popovici as the company’s new Director of Applications, company representatives said in a statement.19075 items