Found 19058 news
Fondul Proprietatea (FP.RO) notified via its manager Franklin Templeton the investors on the Bucharest Stock Exchange that Fondul de Pensii Administrat Privat Metropolitan Life had sent a disclosure of holding over 5% of the total voting rights in the Fund.
Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell, has reached the milestone of 100 KFC restaurants in Romania which employ more than 3,700 people countrywide, from over 20 nationalities, including South Africa, Sri Lanka, Dominican Republic, Venezuela.
FOX Com Serv Distribution, the largest company of the Fox Group, ended 2022 with RON447 million (more than EUR90 million) revenue, an increase of 24% year-on-year, ZF has calculated from Finance Ministry data.
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stagnated at 6.80% a year on Wednesday (April 12) for the second consecutive day.
Two years after Coca-Cola HBC Romania became shareholder of Stockday, the B2B e-commerce platform developed by HEINEKEN Romania, Stockday announces over 740,000 orders and over 2.7 million hectoliters of beverages successfully delivered.
Brewer Bermas Suceava (BRM.RO) posted RON30.1 million revenue in 2022, an increase of almost 5% on the previous year, the company said in its latest report available on the Bucharest Stock Exchange website. However, the sales volume shrank by 9% in 2022.
ING Bank Romania has inaugurated a new office in the Coresi Shopping Resort located in Brasov (central Romania).
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Wednesday in a report that its total hydrocarbon production stood at 116,300 barrels of oil equivalent (boe) per day in the first quarter of 2023, down 4% from 121.300 in the first quarter of 2022, due to the negative contribution of crude oil and natural gas.
The average net salary in Romania increased by 0.4% in nominal terms in February 2023 compared with January 2023, to 4,270 (EUR866), data from the country's statistics board INS showed on Wednesday (April 12).
Retail property developer NEPI Rockcastle has contracted green financing worth EUR200 million from Erste Group Bank AG and Raiffeisen Bank S.A. in order to improve its liquidity position.
The travel and tourism sector has become a prime focus for cyberattacks in recent times, resulting in ransomware incidents arising from data breaches, according to GlobalData, a leading data and analytics company.
DN Agrar Group, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, ended 2022 with over 221% higher turnover than in 2021, to almost RON151 million, and net profit of almost RON14 million (up 57% on the year).
Romania’s real estate market in the first quarter of 2023 registered seven major deals totally worth around EUR133 million, exclusively taking into account deals worth at least EUR5 million, reveals an analysis by real estate consulting firm JLL.
The passenger car output of the two car plants of Romania, Dacia and Ford, rose by 4.7% in the first three months of 2023, to 142,756 units, in line with data provided by carmakers association ACAROM.
Profluo, a startup that builds machine learning technology for the automatic processing of accounting documents, plans to expand its client portfolio in 2023 from 150 to around 500 and thus increase its revenues fivefold.
Polish discounter Pepco has come to own in Romania more than 410 units and wants to continue its fast expansion, aiming to open 40 units in 2023.
Pinum Doors & Windows, part of Italian group Nusco controlled by Nusco family, plans to build two new plants locally, a door one, already announced, and a carpentry one.
Macromex, a major player on the local consumer goods distribution market, ended 2022 with RON735 million revenues, up 16% from 2021.
Telekom Romania Mobile, the fourth mobile telephony operator in Romania, has made a surprise move: it launched 5G services, although it did not participate in last year’s 5G auction held by Romania’s communications market watchdog. Telekom’s new 5G services use the existing radio spectrum, the company said in a notification to its customers.
The Bucharest office space rental market was dominated by companies in the IT&C sector in the first quarter of 2023, accounting for 19% of the newly leased area, as per an analysis by real estate consulting firm ESOP Consulting.19058 items