Found 19080 news
The turnover of Romanian companies operating in the agricultural saw the second largest nominal annual increase in the last ten years, of over RON8 billion, touching a record high of RON68 billion in 2022, which is 48% higher than in 2018, as per KeysFin's annual “Romanian Agricultural Sector” study.
Over 60% of managers who participated in the Confidex survey are readying for more challenging work conditions or even a recession, which would follow the trend of markets in the region and the eurozone.
In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company, says that the Black Sea will not turn Romania into a regional player as people keep saying, because the estimated amount of natural gas will not be enough to at least cover domestic consumption.
Fondul de Pensii Administrat Privat (FPAP) Metropolitan Life has increased its ownership stake in Danube freight carrier Transport Trade Services (TTS.RO) to 5.1%, which translates into 3.06 million TTS shares.
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) has informed the capital market in a report on Nov 7 of the awarding of a contract for the supply of reactor tooling and components, as well as engineering services and technology, in support of the life extension of the CANDU reactor of Unit 1 at Cernavoda Nuclear Power Plant (Cernavoda NPP).
Optical retailer Lensa has continued fast-paced expansion in 2023 and so far has opened 35 stores, among which its first three international ones, in the Republic of Moldova, chief operating officer Nicoleta Dumitrescu said.
Liberty Galati, the largest integrated steel producer in Romania, has started the process of restarting Blast Furnace no. 5, which is expected to be operational in the coming days, the company announced in a press statement on Tuesday (Nov 7).
Affidea Romania, the largest player on the medical imaging, outpatient and treatment services market, has acquired the Biomed Scan medical centers in capital city Bucharest.
Gral Medical, one of the largest actors on the private healthcare market in Romania, which chose to develop organically, has completed the EUR300,000 investment in the clinic in Pitesti, a city it bet on in 2019, when it opened a cancer hospital there.
Indian-born British entrepreneur Dinesh Dhamija, the founder of Copper Beech Group, is entering the Romanian renewable energy market through an investment of RON745 million in the development of a next-generation photovoltaic (PV) park in Romania's southeastern county of Giurgiu.
Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted real estate developer Impact Developer & Contractor SA in connection with a corporate bond issue worth EUR8 million.
Romania's National Authority for Consumer Protection (ANPC) has suspended the sale of more than 600 vehicles, exposing the risks posed by the Romanian used car market.
Real estate developer Globalworth has appointed Ema Iftimie for the position of Managing Director for its real estate operations in Romania, effective December 1, 2023.
Erste Group, which owns BCR in Romania, has upwardly revised its Romania inflation estimate for 2024 amid stepped up inflationary pressures, now expecting a peak of at least 7% in January-February.
AQUILA, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, announces the signing of a purchase-sale pre-agreement for 100% of the shares of Romtec Europa SRL (Romtec), as part of its development strategy via M&A.
Cybersecurity company SafeTech Innovations registered RON20.1 million turnover in the first nine months of 2023, down 4% from the year-earlier period.
Shipbuilder Santierul Naval Orsova has sealed a EUR2.4 million contract for the construction of a river vessel for Netherland’s Rensen-Driessen Shipbuilding.
Romanian winemaker Domeniile Averesti, owned by entrepreneur Constantin Dulute, is due in 2023 to list its wines in three of the main food retail networks in the US, namely Cotsco, Aldi and Target.
Termoexpress, a carpentry producer of Cluj county, sends around 80% of production abroad and plans to open logistic centers in the areas where most orders come from, namely France and Italy.
IT group Bittnet Systems (BNET.RO) has informed the capital market of the decision made by its Board of Directors regarding a primary public offering of corporate bonds, unsecured, issued in RON.19080 items