Found 20647 news
Visual Fan (ALW.RO), the company behind the Allview brand, has entered the electric car market with the CityZEN model, a vehicle designed to be used in urban traffic and for short trips outside the city, which can be driven by anyone who is at least 16 years of age.
71% of participating companies in the latest survey conducted by eJobs & UP Romania said they would offer Christmas benefits to employees in 2023.
65% of Romanians wouldn't be able to cover their expenses for even a week if they were to run out of income, nearly half (46%) of the population doesn't save any money, and of the people who do that, 27% do not put money into an emergency fund, as per the latest study on Romanians’ financial habits, conducted by KRUK Romania together with IRES, in November 2023.
Despite the recent emergence of artificial intelligence (AI) in the marketing landscape, a Chief Marketing Officer (CMO) Survey conducted by Duke University with the support of Deloitte reveals that 60% of respondents, primarily marketing leaders, have already integrated AI into their strategies over the past year.
Arctic Stream, an IT infrastructure and security integrator, on December 11 signed a significant contract, under the form of a framework agreement, whose value exceeds 10% of the net turnover of the latest closed financial statements (2022).
Law firm PeliPartners has assisted Hidroelectrica in the process of buying the business lines linked to ABC and Calnicel platforms owned by UCM Resita, Romania’s oldest industrial unit.
Telecom operator Digi has sealed a contract for the acquisition of spectrum licenses for the private use of the radioelectric public domain related to certain sets of blocks of frequencies with Spain’s Xfera Moviles in a EUR120 million contract that includes a EUR20 million conditional component.
Quehenberger Logistics Rou, a major player on the transport and logistic market, currently has 100 jobs available at the logistic center of Ghiroda.
Kastamonu Romania (formerly Prolemn), controlled by Turkey’s Kastamonu Entegre, ended the first nine months of 2023 with turnover worth above EUR100 million, slightly down from the year-earlier period.
Magnolia continued its nationwide expansion and consolidation during 2023 with a new logistic point in Constanta and new flower shop in Craiova and in 2024 wants to open at least two new units, explained Ioana Molnar, Magnolia co-founder.
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, is tapping into a new segment, of cardboard food boxes.
Claudiu Aron, one of the largest hotel owners in Romania, known for the Alpin hotel complex located in the mountain resort of Poiana Brasov, says this year's trend was upward and the hotel is expected to end 2023 with an increased average occupancy rate and a higher turnover.
Mircea Turdean says cosmetics producer Farmec Cluj, a company has runs and controls as a shareholder, has been and will always be a family business.
Romanian car parts maker UAMT Oradea (UAM.RO) on Monday (Dec 11) informed the local capital market in a stock market report about the decision of the Board of Directors as regards contracting a loan of RON4.93 million from lender Exim Banca Romaneasca (the former Eximbank).
Real estate investment fund Alternative BT Property, which manages EUR22.3 million worth of assets, has completed the acquisition of three buildings in which oncology clinics Amethyst Radiotherapy in Cluj (Floresti), Timis (Dumbravita) and Ilfov (Otopeni) operate.
Romgermed, a medium-sized actor on the private medical service market, has grown to nine medical laboratories in Bucharest, a clinic with 110 medical offices and the hospital on Calea Plevnei.
Filip & Company assisted Banca Transilvania with the launch of a bond program totaling EUR1.5 billion and with the first sustainable bond issue under this program, through which Banca Transilvania raised EUR500 million from international markets.
Fondul Proprietatea (FP.RO) on Monday evening notified the Bucharest Stock Exchange that Franklin Templeton International Services, in its capacity as sole director of the Fund, received a binding offer from GDF International, the majority shareholder of Engie Romania, to buy the Fund’s Engie stake for EUR87 million.
Net investments in Romania’s economy totaled RON118 billion in the first nine months of 2023, up 14.4% year-over-year, with new construction works accounting for 62.6% and purchases of machinery, including transport vehicles, for 29.3%, data from the country’s statistics board INS showed on Monday (December 11).
Farmland operator Holde Agri Invest (HAI.RO) on Monday notified the Bucharest Stock Exchange that its subsidiaries had signed several significant contracts with the same undisclosed customer. The aggregate value of the contracts is RON50.7 million, excluding VAT, according to ZF’s calculations.20647 items