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2023 was the year in which candidates' desire to find a new job was strongly felt on the labor market, while, for employers, a tempering of efforts to expand their teams set in.
A new bond issue worth RON1 billion, issued by the Romanian Commercial Bank (BCR), one of the most important financial groups of Romania, started trading on the Bucharest Stock Exchange on Tuesday (Dec 19, 2023).
Park Properties, the developer of SunLake Residence compound located on the shores of Fundeni lake of Bucharest, has acquired two land plots on the shores of Pipera and Balotesti lakes for new housing compounds.
2B Intelligent Soft (BENTO.RO), a Romanian entrepreneurial company specializing in development and implementation of software solutions and the provision of IT and Cloud infrastructure services, has signed a contract with Volta X Solar Systems (Volta X), a local provider of turnkey solutions for photovoltaic systems, energy efficiency, energy storage systems and EV charging stations.
More than half (52%) of Romania employees plan for a career change in early 2024, motivated by the need of a wage increase, while another 27% remain open to this possibility, but do not have a concrete plan, reveals a survey conducted by online recruitment platform Bestjobs.
Drum Concept, a construction firm of Bucharest, boosted its business fifteen times in four years, ending 2022 with RON215 million turnover.
Agricola group, one of the biggest players in Romania’s food industry, mulls building new ready-meal plant, with investments revolving around EUR40 million.
Real estate developer One United Properties (ONE.RO) has announced in a stock market report on Dec 18 the conclusion of a credit facility agreement with Alpha Bank Group, with a total value of up to EUR30.5 million.
The shareholders of Romanian natural gas producer and supplier Romgaz (SNG.RO) have approved an increase of the company's share capital by RON3.47 billion by issuing 3.47 billion shares, with a nominal value of RON1 per unit.
Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, will end this year with more than RON500 million (EUR100 million) revenue, more than double last year, its officials say.
Romania's Finance Ministry raised RON1.16 billion from banks on Monday (December 18) selling bonds with a nominal value of RON400 million due in April 2031, at an annual average yield of 6.46%.
The year 2023 was a year of consolidation and maturity for Kaufland Romania, when the retailer continued to expand fast, by opening 13 new hypermarkets, says Valer Hancas, communication and corporate affairs director.
Ferma cu Omenie, a dairy producer based in the locality of Unirea (Alba County), plans to open a new store in Cluj-Napoca, in 2024.
BRD has granted EUR16 million financing to corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) for the construction of a solar photovoltaic (PV) park with an installed power of 20.5 MW.
Romania will be able to position itself as a research and innovation hub in the next decade, Murat Buyukerk, CEO of the largest local home appliances manufacturer, Arctic, believes.
French-held retailer Carrefour has expanded its convenience store chain in Romania in 2023, reaching 162 Express units following 22 store openings across nine towns and cities.
Romania’s finance ministry has launched on Monday (Dec 18) a new edition of the TEZAUR Treasury bills (T-bills) program for the general population.
The Bucharest Capital Markets Practice of global law firm Clifford Chance, coordinated by Partner Madalina Rachieru-Postolache, advised for on four equity and bonds transactions successfully concluded in November – December 2023, with a combined value of almost EUR1 billion.
Engie Romania, the largest natural gas distributor and supplier on the local market and a part of French utility Engie, said on Monday (Dec 18) that it plans to build a 37.2 MWp solar photovoltaic (PV) park in the Aricestii Rahtivani commune, the southern Prahova County.19075 items