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On Monday (March 4), a special transaction with 587,519 shares of the company Univers Ramnicu Valcea (UNVR.RO) was registered in the Bucharest Stock Exchange system, as per data on the Bucharest Stock Exchange.
IPEC (Întreprinderea de Portelan Elena Covaciu), the company that manufactures ceramic products for household and ornamental use and is one of IKEA's main suppliers on the local market, ended 2023 with a turnover of nearly EUR29 million and targets a 15% increase in 2024.
Aluminum producer Alro Slatina (ALR.RO) announced in a stock market report on March 4 that following an audit performed by the country's tax authority ANAF it received an additional taxation notice in the amount of RON13,55 million, representing additional profit tax and VAT.
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 6% in January 2024 compared to January 2023, data from Romania’s National Statistics Institute INS showed on Monday (March 4, 2024).
Romania’s unemployment rate rose to 5.7% in January 2024, higher by 0.1 percentage points compared to December 2023, data from the country’s statistics institute INS show on Monday (March 4, 2024).
Romania's Finance Ministry raised RON1 billion from banks on Monday (March 4), selling government paper in two auctions, at annual average yields of 6.13% and 6.54%, respectively.
At the end of 2023, Swedish group OX2 got the construction permit for the most advanced project in its portfolio, with an installed capacity of 99 MW and a grid connection contract from March 2023.
OMV Petrom continues for the third consecutive year the partnership with the Medcorp Association and supports the implementation of the “Health in the Neighborhood” program with a budget of 8 million RON in 2024.
The number of IT specialists employed in Romania has seen a steady increase in recent years, making it one of the sectors with the highest salaries, as well as a high degree of workforce mobility, as per the study “What It’s Like to Work in IT in 2024,” conducted by the online recruitment platform bestjobs in partnership with Orion Innovation, a global leader in IT services and solutions.
Affidea group, the biggest player in the imaging field, has taken over the five clinics of MedEuropa Romania, specialized in radiotherapy, present in four major cities of the country.
Simtel Team, a Romanian engineering and tech company listed on the AeRO market of BVB, has acquired Oasis Green Energy 3, a project company that is developing a photovoltaic park in Salonta, Bihor county, thus reaching a portfolio of six such parks.
Online retailer evoMAG estimates a 20% increase in sales to companies and public institutions for 2024, with this segment set to generate a quarter of overall sales at end-2024.
Clinic network Dora Optics, present in Mures, Harghita, Cluj and Sibiu countries, has recently finalized a EUR5.5 million investment in the construction of a private hospital in Targu Mures, with ophthalmology, cardiology, ORL and plastic surgery services.
Motorola Mobility, part of Chinese group Lenovo, plans to reach the threshold of 500,000 smartphones sold in Romania this year, thus maintaining the growth pace registered locally in recent years.
Romanian precast concrete product manufacturer ASA CONS of Turda has completed an over EUR1 million investment program, which envisaged increasing by 30% the warehousing capacity for end products and installing photovoltaic panels on part of production halls.
Thermal insulating panels manufacturer TeraSteel, owned by Irish group Kingspan, is continuing its investment in a new plant, located in Lehliu Gara, Calarasi county.
Carbochim Cluj-Napoca, Romania’s largest professional abrasives maker, reported RON120.7 million net profit for 2023, largely generated from the sale of its former headquarters, from RON26,000 net profit in 2022. Revenues rose by 2.2% to RON3.9 million.
Paver maker Elis Pavaje, owned by Gota family of Alba, plans to expand internationally, already delivering to several European countries.
Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, ended 2023 with a loss of RON28.5 million, compared to a loss of RON2 million in 2022, as per the company's preliminary financial results for 2023.
Appraisal & Valuation (APP.RO), a company that provides valuation, consulting and real estate development services, ended 2023 with net profit of RON953,500, up 56.6% from 2022, and a turnover of RON5.8 million, down 15% vs 2022.19990 items