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Fitness center network 18 Gym Fitness & Beauty will open a new unit in shopping center Agora Arad, the first in the city and the 37th nationwide.
Europe will resume magnesium mining for the first time in more than a decade, while the UE is trying to curb its dependence on imports of Chinese critical raw materials imports. Romania, an EU member, on Friday, April 12, 2024 granted a mining concession to Verde Magnesium, which is backed by US investment company Amerocap.
Signal Iduna Asigurare Reasigurare, the leader of the local health insurance market, ended 2023 with gross written premiums of over RON274 million, up 34% versus 2022.
The annual inflation rate will decline further in the coming months, but at a slower pace compared to 2023 and on a slightly higher path than that anticipated in the February 2024 medium-term forecast, which had seen it go down to 4.7 percent in December 2024 and to 3.5 percent at end-2025, members of Romania's central bank Board said in the minutes of the monetary policy meeting of April 4, 2024.
Over 70% of investor respondents in the latest March 2024 survey conducted by the Foreign Investors Council (FIC) – Business Sentiment Index (BSI) deem legislative ambiguities and uncertainties as the main challenge faced by the business environment.
Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say.
Romania's e-commerce market is growing further, but its growth is slow, as per an analysis by MerchantPro, the local SaaS solutions platform for e-commerce, based on data recorded by online stores active on the platform.
A third of Romanian employees say they are dissatisfied with their current jobs, while 7% say they are very dissatisfied, as per the latest survey conducted by eJobs.ro and Up Romania.
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “World Economic Outlook” published on Tuesday shows.
Romania's Competition Council has approved the transaction whereby GVK Omega SGPS Unipessoal LDA, Portugal intends to take over Portugal's Greenvolt Energias Renováveis and its subsidiaries.
International rating agency Standard&Poor’s (S&P) has reconfirmed the rating related to Romania’s government debt at BBB-/A3 for long-term and short-term foreign currency debt, as well as the stable outlook.
Romania’s national power transmission company Transelectrica (TEL.RO) has inaugurated the 400 kV Overhead Power Line Portile de Fier – (Anina) – Resita.
Deloitte Romania has advised AQUILA, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, on the acquisition of Romtec Europa, a Romanian company with 30 years of experience in the production of liquids and aerosols for car maintenance.
Premier Energy group, owned by Czech investment fund Emma Capital, founded by Czech entrepreneur Jiri Smejc, has completed the acquisition of CEZ Vanzare, in the wake of which the regional client portfolio of the entire group climbs to 2.4 million household and non-household clients.
Winemaker Purcari Wineries announced its shares remain in MSCI Romania Small Cap Index after the quarterly review of the index.
Entrepreneur Cristian Rusu and his family have bought back Rus Savitar-Casa Rusu group, active in furniture production and retail, five years after they sold the company to Sweden’s investment fund Greenbridge.
Farmacia Tei and Bebe Tei, one of the most dynamic businesses on the local market, will overshoot the RON2 billion revenue mark in 2024, company officials say, who budgeted a 20% increase over 2023.
Tucano, a coffee shop network whose story began in the Republic of Moldova 12 years ago, plans to double its coffee shop chain in Romania, which currently consists of more than 35 units.
Construction company Tomoroga Construct had a turnover of RON36.2 million (EUR7.3 million) in 2023, up 70.5% from RON21.2 million (EUR4.3 million) in 2022, as per data on the finance ministry data.
Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Istanbul from June 15, 2024, and then add Milan and Barcelona in July.20633 items