Found 19029 news
BA Glass, a European producer of glass packaging and the only producer of glass containers in Romania, said it would invest over EUR1 billion in its 12 factories over the next five years, of which EUR150 million in Romania.
French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the last few years. The decision of the group comes at a time when Romanian consumers are becoming increasingly price conscious.
Romania's finance ministry continues the issues of FIDELIS government bonds for retail investors and launches on Bucharest Stock Exchange (BVB) the first offer in 2023, between March 27 and April 10.
Romania ranks last among European Union (EU) countries regarding online learning, considering that only 8% of Romanians said they used the Internet for educational purposes in the last three months, as per a study conducted by Eurostat, the EU's statistical office, in 2022.
Law firm Filip & Company advised Digi Spain Telecom S.L.U., the company’s Spanish subsidiary, on the conclusion of an investment agreement with Aberdeen Standard Core Infrastructure III SC Sp., a fund managed by abrdn.
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON101.4 billion for February 2023, higher by RON5 billion since the beginning of 2023, against the backdrop of calmer waters on financial markets and of contributions from Romanian employees.
Deposits of non-government resident customers grew by 1.7% in February 2023 up to RON522 billion versus January 2023, and by 8.5% (down 6.1% in real terms) versus February 2022, in line with central bank data.
Dietary supplements, teas and cosmetics importer, wholesaler and retailer Secom announces that its own brand of dietary supplements Good Routine is now available in the Amazon marketplaces in France and Spain, after having entered the Iceland market last year.
BENCOMP, a Romanian producer of WPC (wood plastic composite) profiles, will be investing over EUR2 million in 2023 to open a wood briquettes plant in Arad.
Private lending in February 2023 rose by 10.6% against the same period of 2022, to RON365.8 billion, as local currency lending went up by 4.3% and the foreign currency one increased by 27.4%, in line with central bank data.
Mastercard is launching in Romania a cashback campaign for people who during the March 24-31 period choose to pay their taxes with a Mastercard debit or credit card, on Ghiseul.ro platform and mobile app or on other online platforms made available by local administrations.
Automotive components supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle Group, posted RON253.3 million (EUR51.4 million) revenue in 2022, up by about 10% compared with the previous year, according to ZF calculations based on data from the Finance Ministry.
Startup company Hyperhuman, which developed a platform of customized fitness trainings using the artificial intelligence (AI) technology, has obtained a EUR200,000 grant from the EEA & Norway Grants through the fund Innovation Norway, company representatives said in a statement.
Zentiva (SCD.RO), one of the largest pharmaceuticals producers in Romania, on Wednesday (March 22) announced in a stock market report that the company’s Board of Directors decided the appointment and confirmation of Simona Cocoş as Chairwoman of the Board of Directors, from March 21, 2023 until March 21, 2027.
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers on the local market, will convene its shareholders on April 26 to approve a decision to distribute RON10 million worth of dividends, respectively a gross dividend of RON2 per share, as per the convening notice published at the Bucharest Stock Exchange.
Automobile Dacia's revenue went up by 20% to RON26.7 billion or EUR5.2 billion in 2022, higher than even in 2019, despite lower production than that year, the carmaker says in its report.
Real estate developer Nusco Imobiliara begins the development of Nusco Homes - a new residential compound of villas located in the northern part of capital city Bucharest, in the town of Tunari, with an investment estimated at over EUR30 million.
The Board of Directors of state-run port operator Oil Terminal (OIL.RO) has called shareholders for a General Meeting on April 27 to vote on the payment of dividends.
PepsiCo, one of the leaders in the food and beverage industry and the second largest player on the Romanian soft drinks market, announces the appointment of Vlad Vladescu to the position of East Balkans Snacks Marketing Manager.
Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol, has called shareholders for April 26, 2023 to vote, among others, on a gross dividend of RON0.008805 per share, which at the current trading price of RON0.584 means a 1.5% yield.19029 items