Found 20647 news
Domeniile Boieru, a winemaker of Cimbrud, Alba county controlled by Florin Danoaie and Raul Ciurtin, in 2022 registered RON9.7 million turnover, up over 50% from 2021, and a 60-wine portfolio.
Libra Internet Bank, a member of U.S. investment group New Century Holdings, has convened the Extraordinary General Meeting (EGM) of Shareholders for December 22, 2023, the company said in a report to the Bucharest Stock Exchange on Monday (Nov 20).
Shipbuilder Santierul Naval Orsova (SNO.RO) has informed the local stock market on Monday (Nov 20) that port services company Sea Container Services SRL has bought 49.99% of its share capital.
Derco, a Lockheed Martin company, signed an agreement with Romanian company Aerostar Bacau, an integrated supplier to the global supply chains of major aerospace companies, to repair landing gear, wheels and brakes in support of the Romanian Air Force F-16 fleet, reducing lead times and improving logistics for mission readiness.
Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON536.8 million (EUR108.8 million) in 2022, up more than 38% from the previous year’s RON388.6 million (EUR79 million), according to ZF calculations based on public Finance Ministry data.
The number of job vacancies in Romania dropped by 5.3 thousand in the third quarter of 2023 compared to the same quarter of 2022 and the job vacancy rate decreased by 0.12 percentage points, data from the country’s statistics board INS showed on Monday (Nov 20).
German-held Hengst Filtration has bought the former International Automotive Components (IAC) factory in Bals to manufacture air filters.
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, posted RON212.8 million consolidated revenue in the first nine months of 2023, an increase of 212% on the year-ago period.
Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's western city of Timisoara.
Shipbuilder Santierul Naval Constanta (SNC.RO) notified the Bucharest Stock Exchange on Monday about a notification received from Resource International SA, which bought 1.3 million shares in it for RON2 each on November 16.
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 20), below the planned level of RON600 million, selling bonds due in April 2030, at an annual average yield of 6.98%.
Electrica (EL.RO), an electricity supply, distribution and generation company, plans to build in partnership with Electrocentrale Grup a state-of-the-art combined cycle plant powered by natural gas and integrating the hydrogen component and storage facilities, with a maximum nameplate capacity of 500 MW. The project was devised to be implemented in Fantanele, Mures County.
Accor, a leading global hospitality group, announces the signing of a franchise agreement with local partner Grand Hotel West for the opening of a new Mercure hotel, in Romania's northwestern city of Oradea, in 2026.
Global law firm Dentons has advised CEC Bank on raising over EUR162 million through a tap of its February 2028 senior non-preferred MREL (Minimum Requirement for Own Funds and Eligible Liabilities) Eligible Notes, issued in February 2023.
Fitness center chain World Class is expanding with a new 2, 600-sqm unit within the One Cotroceni Park project in capital Bucharest, developed by One United Properties (ONE.RO), the leading investor and real estate developer of sustainable residential, mixed-use and office projects in Romania.
Prysmian Romania, one of the leading cable manufacturers in the country and in Europe, has appointed Daniela Burca as Chief Operating Officer of the company.
UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity generation company on the Bucharest Stock Exchange in the summer, ZF has found.
The European Bank for Reconstruction and Development (EBRD) is providing an additional EUR15 million in financing to the city of Timisoara to co-finance, alongside the European Union (EU), the city’s urban infrastructure.
The economic situation of companies with German capital in Romania has deteriorated this autumn, and most of them are also pessimistic about the future, according to the results of a survey carried out by the Romanian-German Chamber of Commerce and Industry (AHK Romania) in October 2023
Side Grup, the main wholesaler of cleaning and hygiene products locally, has leased almost 6,000 square meters of logistic spaces and offices in MLP Bucharest West park developed by Polish group MLP in western Bucharest.20647 items