Found 20647 news
Logistic and freight forwarding group International Alexander of Arad, Romanian-held, the biggest player on this market, will go beyond EUR300 million in turnover this year after hitting EUR280 million last year, according to the company’s officials.
Stada Romania, the subsidiary of the German group of the same name, has finalized around 70% of the over EUR50 million investment in a new drug plant in Turda, Cluj county.
Accor, the biggest international hotel group active in Romania, will, by yearend, have 20 hotels under the brands part of its portfolio on Romania market, being the first international chain to reach this number.
Wiener Privatklinik Hospital, one of the largest private hospitals in Austria, has concluded a strategic partnership with Nord Medical Group (formerly Provita) that enables Romanian patients to have access to medical services whether in Romania or Vienna.
Romania's finance ministry on Thursday (Nov 23) announced that it would carry out a new issue of Fidelis government bonds for retail investors between November 27 and December 15, 2023.
Intertrade Group, a building company based in the town of Bacau and operating mostly in the infrastructure and industrial space sector, saw its turnover surging 44% on the year in 2022.
Port operator Socep Constanta (SOCP.RO) has announced in a stock market report that it attracted RON9 million from investors during the capital increase operation carried out between October 16 and November 15 by exercising preferential right.
American group Booking Holdings, a global provider of online tourism services and related services, has announced the opening of a new office floor at its Center of Excellence located in Romania's capital city Bucharest.
Orange Business has released the new Business Internet Security 2023 report, providing a detailed overview of cybersecurity challenges in the past year in the context of technological revolutions such as generative AI.
Romania’s capital city Bucharest has kept its 40th spot in 2023 too in a ranking of the world’s 50 most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail street, and places 50th out of 57 in a European ranking, in terms of retail space rents, just behind Ljubljana, as per a report by real estate consulting firm Cushman&Wakefield Echinox.
PepsiCo, one of the leading players on the snacks and beverages market, has appointed Mihaela Hristea to the position of Senior Marketing Manager of the Beverages Division.
Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due in 2034, at an annual average yield of 7.22%.
Genesis Property has announced the completion of works on Phase 2 of the YUNITY Park project following an investment of EUR20 million.
OMV Petrom, the largest integrated energy company in Southeastern Europe, has signed an agreement to purchase 50% of the shares of the Romanian company "Respira Verde SRL," a local leader in the collection of used cooking oil, the company announced in a stock market report on November 2023.
51.1% of the total active enterprises had as main activity market services in 2022 and the highest average number of employees was registered in the market services sector, representing 38.0% of total, data from Romania's statistics board INS showed on Thursday (Nov 23).
The Ministry of Energy has signed 15 contracts for investments in new electricity production capacities from renewable sources, through the National Recovery and Resilience Program.
Geological prospecting company Prospectiuni Bucuresti, majority owned by businessman Ovidiu Tender, ended the first three quarters of 2023 with RON25.3 million net profit, 166% above the level of the year-earlier period. Turnover reached RON187.3 million, up 54% year-on-year.
Farmland operator Holde Agri Invest reported RON22.87 million for the first nine months of 2023, against RON430,000 profit on September 20222, an 84% decline from January-September 2021.
Alro Slatina, one of the largest vertically integrated aluminum producers in Europe, measured by production capacity, is implementing two investment projects worth 4.22 million to increase product quality control capacities.
Eduard Alexianu, commercial manager at Merlins Beverages, the producer of Vitamin Aqua and Limonade, says the company has sealed an international partnership and started selling abroad.20647 items