Found 21679 news
Florin Lazarescu, founder of Trident stomatology clinics, with three units in Bucharest, wants to open the first clinic outside the capital city, in Timisoara.
Iasi-based cleaning goods producer Misavan, controlled by entrepreneur Ciprian Otea, has completed works for a new plant, an over EUR10 million investment.
Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last year, data supplied by the company for ZF’s 2024 edition of the “Cei mai mari jucatori din economie” (Key Players in the Economy) yearbook show.
Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show.
Airbag manufacturer GST Safety Textiles Ro, the local subsidiary of Germany concern Global Safety Textiles, acquired in 20211 by South Korea’s Hyosung group, for 2023 reported a turnover of RON504.2 million (EUR101.9 million), up 2% from nearly RON492.8 million (EUR99.9 million) reported in 2022, according to calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the events scheduled in Cluj-Napoca.
Raiffeisen Asset Management (RAM), which manages 13 investment funds and the Raiffeisen Acumulare voluntary pension fund, has reached EUR1.05 billion in total assets under management, higher by EUR180 million since the beginning of 2024.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it signed a contract for refurbishment works at AHE Vidraru, as Beneficiary.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it made RON1.1 billion worth of deposits with state-run lender Exim Banca Romaneasca.
The manufacturing production level declined in June 2024 for the first time in the last three months, just like the employment level, and cost pressure has increased, according to a report regarding the BCR PMI® index for the manufacturing industry.
The shareholders of natural gas producer and supplier Romgaz (SNG.RO) on Monday approved among other things a EUR1.5 billion note issuance program, of which EUR500 million an inaugural issue prepared for July 2024, the company said in a report to the Bucharest Stock Exchange.
Romania's Finance Ministry raised RON2.2 billion from banks on Monday (July 1), selling government paper in two auctions, at annual average yields of 6.01% and 6.87%, respectively.
Romania's foreign exchange reserves stood at EUR64.39 billion at the end of June 2024, compared with EUR65.07 billion on May 31, 2024, central bank data showed on Monday (July 1, 2024).
International hotel group Hilton Group has concluded a franchise partnership with Romanian company Izvoare Resort for the opening of the first resort in Romania under one of the Hilton brands.
Romania's Competition Council has approved the operation through which SD Worx People Solutions NV intends to acquire Romanian Software S.R.L.
The Bucharest Stock Exchange (BVB) is launching the first version of the Q chatbot, a digital solution based on artificial intelligence (AI), to answer questions from those who want to learn more about the stock exchange and stock exchange investments, according to a press statement.
Medical services network MedLife has announces in a stock market report on Monday (July 1) the signing of a new transaction regarding the acquisition of the entire package of shares in the Antares Clinic group, one of the leading providers of private medical services in Romania's region of Moldavia.
Three quarters of Romanians estimate that in the next six months they will spend more for food, clothes, DIY products and travel, reveals PwC Voice of Consumer 2024 for Romania.
Luxoft Romania, a wholly owned subsidiary of US company DXC Technology and one of the largest software development and IT solutions company in Romania, in 2023 registered rising turnover and headcount.
IBB-HIB Romania, a construction company of Bucharest, owned by Craciunescu family, has projects worth EUR270 million underway, due to be completed by 2027.21679 items