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Winemaker Purcari (WINE.RO), whose shares are part of the BET index, plans to pay investors a RON0.55 dividend per share and calls them to vote on the issue on May 26, 2023.
Real estate developer Globalworth, the largest office space investor in Central and Eastern Europe and the leader of the office space market in Romania, has signed a lease contract with RetuRO Sistem Garantie Returnare (RetuRo), a company established by beverage companies and associations of merchants for managing the deposit-return system (DRS).
Zentiva Group, held by private equity firm Advent International, has put Zsolt Baranyai in charge of the production operations in Romania, replacing Margareta Tanase, who retired after working for Zentiva plant in Bucharest for 37 years.
Retail sales volume in Romania, excluding vehicle and motorcycle sales, increased by 3.9% in unadjusted data in January-February 2023 compared to the same period of 2022 due to sales of food, non-food, beverages and tobacco seeing increases of 5.4% to 5.9%, but fuel sales in specialized stores dropped 2.7%, data from the country’s statistics institute INS showed Thursday (April 6).
Nuclear power producer Nuclearelectrica (SNN.RO) announces in a statement that it completed the operationalization of Feldioara Branch during January-March 2023 period, as part of its development strategy of the Romanian integrated nuclear fuel cycle.
Investors are more optimistic about the economic environment in Romania despite the fact that the business environment has faced various crises over the past years, according to the spring 2023 edition of the Business Sentiment Index (BSI) report published by the Foreign investors Council (FIC).
The number of job applications went up in the first quarter of 2023, but demand from candidates is still overshot by company’s recruitment needs, there’s still an imbalance, says Andrei Frunza, Bestjobs CEO.
Polish-held sporting goods retailer 4F, present in Romania since 2016, more than doubled its store network last year, opening ten new units and thus reaching a total portfolio of 18 spaces nationwide,. Then, another unit, the 19th, was opened in 2023, in Cluj-Napoca.
Carmistin group, a major Romanian food producer controlled by Paraschiv family, is set to enter the bio egg market with La Provincia brand, betting on Romanians’ rising demand for sustainable products and annual spending of around EUR300 on bio products.
Zentiva (SCD.RO), the largest pharmaceutical company listed on the Bucharest Stock Exchange, though with a low free float of merely 4%, is aiming for net sales of RON856 million and RON101.7 million net profit in 2023, according to the spending and revenue budget submitted to shareholders to vote.
PVC and aluminum windows and doors manufacturer Optimedia ended 2022 with EUR67 million revenue, up 50% compared with the previous year, the company said.
Linda Ecotil, a Suceava-based roofing manufacturer, invested about RON13 million in production, storage and machinery last year.
The contract concluded by Romania’s state-owned natural gas producer Romgaz’s (SNG.RO) with Spanish group Duro Fulguera for the development of the Iernut power plant (Iernut CTE) by building a new combined cycle gas turbine power plant is worth RON345 million, as per a stock market report.
Danube transport company Transport Trade Services (TTS.RO) said in a stock market report on Wednesday (April 6) that C.N.F.R. NAVROM SA, the main provider of river transport services within TTS Group, started a EUROPA 2 type barge construction program.
Ovidius Clinical Hospital (OCH), the largest private hospital in the south-east of Romania has completed a EUR28 million investment in a new building next to the already existing one, a new facility with an area of more than 7,000 square meters.
Winemaker Purcari (WINE.RO) wants to pay a dividend of RON0.55 per share and has called shareholders for May 26, 2023 to secure approval in this respect.
Retail Park Dej, the first shopping center in the town of Dej (Cluj County), is officially opening on Thursday (April 6) following an investment of over EUR10.5 million carried out by retail parks developer Cometex, part of Altex Group.
Iulius Group, a real estate developer held by businessman Iulian Dascalu, has concluded a partnership with MedCity for the setup of a medical center within the Palas Campus Iasi office complex.
Romania’s Competition Council is looking into a transaction through which Zarea, leader on the sparkling wine segment, acquired 70% of the shares of the group of firms DDMU (Domeniile Dealu Mare Urlati) founded by the Radulescu family, at the end of February 2023.
Real estate owners in Romania are much more interested in ESG (environmental, social and governance) standards and also have higher expectations when it comes to sustainability than their counterparts in other countries.19058 items