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Cristina Pîrjol, Commercial Director Selection for over eight years within Fashion Days, the largest online fashion retailer in Romania, will take over the management of the online store, effective April 1, 2024.
Leroy Merlin, the second-largest DIY retailer in Romania by revenue, leased two retail spaces in Bucharest with a combined area of 21,000 sqm from Austria's Supernova Group.
Romanian optical retailer Lensa, founded by entrepreneur Daniel Craciun, ended 2023 with a 85-store chain and revenue of almost RON207 million, up 54% from 2022.
Euro Insol, the judicial administrator of Uzina Constructoare de Masini (UCM) Resita, has announced the signing of the contract for the sale of the UCM Resita business to Uzina de Constructii Masini Hidroenergetice, a company controlled by Hidroelectrica, Romania’s biggest energy producer.
The Organization for Economic Co-operation and Development (OECD) is expecting Romania’s GDP to grow by 3.1% in 2024 and by 3.3% in 2025, up from 2% in 2023, according to the latest OECD Economic Survey of Romania.
A total 21,461 housing units were put into use in Romania in the fourth quarter of 2023, 923 more units than in the same period of 2022, provisional data from the country’s statistics board INS showed on Tuesday (March 12).
Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12).
SelfPay, which owns the largest network of self-service payment terminals in Romania, reported RON10.8 million net profit in 2023, up 188% from 2022. Turnover climbed by 23% to RON185 million.
Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz Construct, owned by brothers Traian and Alexandru Bunea, and with Concelex, controlled by entrepreneur Daniel Piturlea, have won a contract worth RON363.6 million (around EUR73 million), VAT not included, with Oradea city hall, for the design and execution of the new infectious disease hospital in Vladeasa street.
5 to go coffee shop plans to reach 10 units in Hungary, where the Romanian business already operates four.
Dermatologist Lucian Russu has invested EUR500,000, from own funds, in the Bioderm clinic in Saftica (Ilfov County) and has turned it into a dermatology day care hospital.
Cosmetics producer Farmec Cluj has opened a new store under the Gerovital brand within the VIVO! Shopping Center in Cluj, thus reaching a total 28 units across Romania.
Oil drilling company Foraj Sonde Videle (FOJE.RO) on Monday (March 11) announced the signing of a contract worth RON44.9 million with Romanian state-run natural gas producer and supplier Romgaz (SNG.RO) – the natural gas storage branch Depogaz Ploiesti SRL-, as general contractor.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stayed at 6.08% a year on March 11, after stagnating at this level for the last several sessions.
Euro Vial Residence, one of the leading developers active on the regional real estate market in the city of Constanta (south-eastern Romania), has bought a six-hectare plot of land located in the northern part of the city, towards the Ovidiu area, in a transaction of EUR6.5 million.
CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has announced the appointment of Andrei Brînzea to the position of Business Development Director.
Marius Cara is the new resident representative of the European Investment Bank (EIB) Group in Romania.
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (March 11), selling government paper in two auctions, at annual average yields of 6.05% and 6.60%, respectively.
Romania's trade balance posted a deficit of EUR1.95 billion in January 2024, lower by EUR359 million (-15.5%) compared to January 2023, data from the country's statistics board INS showed on Monday (March 11).
ROCA Industry, Romania’s first building materials holding company, owned by ROCA Investments, debuted today, March 11, on the Regulated Market of the Bucharest Stock Exchange under the stock symbol ROC1, following the transfer from the AeRO market.19990 items