Found 19015 news
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), expects a turnover of RON211 million (almost EUR43 million) in 2023, flat on the year, as per company data.
In 2022, increases in corporate utility bills were contained, due to government interventions and the long pass-through from wholesale energy prices to retail contracts, which are for the most part not fully indexed.
Online stores in Romania saw a 12.5% increase in the number of orders placed by buyers and a 22% advance in sales value in 2022 compared to 2021, as per an analysis by MerchantPro – the Saas solution platform for e-commerce.
Danish-held mineral wool manufacturer Rockwool is looking into the possibility of expanding its local business by building a new mineral wool production line, in the plant it has in Aricestii Rahtivani, near Ploiesti, in southern Romania.
Sales of French retailer Carrefour grew by 9% on a like-for-like basis in Romania in 2022, which is the second highest growth rate in Europe, after that in Poland.
Insurance-reinsurance brokerage Millenium Insurance Broker (MIB), a company majority held by mobility network Autonom Services, with bonds listed on the Bucharest Stock Exchange, is getting ready to list its shares on the local capital market at the end of February 2023, according to market sources.
Libra Internet Bank and Oradea-based real estate developer Prima Development Group have concluded a financing agreement worth EUR16.8 million for the construction of Phase 1 of the PRIMA Vista project located in the northern part of capital city Bucharest, in the vicinity of the most important business center in the capital.
New car registrations in Romania grew by 31.4% year-over-year to 12.266 units in January 2023, placing the country 14th in the European Union (EU), data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed on Tuesday (Feb 21).
Starting Wednesday, February 22, 2023, investors on the Bucharest Stock Exchange will be able to trade a new fund that tracks an index of the stock market (an exchange traded fund - ETF), namely the ETF Energie Patria -Tradeville.
The number of real estate transactions, which include houses, land and apartments, decreased in January by 44.4% compared with December 2022, data provided by the National Agency for Cadaster and Land Registration (ANCPI) shows.
Almost two-thirds (65%) of Romanian companies expect an increase in their turnover in 2023, while 30.2% expect a turnover similar to that of 2022 and only 4.8% of the respondents expect a decrease in revenues in 2023, according to the findings of a survey conducted by the Romanian Employers Association in the Software Industry (ANIS).
ADP Romania, the local subsidiary of U.S. company ADP, or Automatic Data Processing, has extended for five more years its lease contract for 8,300 square meters of office space in Gara Herastrau, a building part of the Globalworth portfolio.
Alpha Bank Romania said it would continue to grant mortgage loans in 2023 through the New Home (Noua Casa) government-backed program aimed at facilitating the purchase of homes.
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, said it would continue in 2023 the partnership concluded within the IMM Invest PLUS program aimed at supporting Small and Medium Enterprises (SMEs).
Andrei Savin, who was appointed chief executive officer of one of the leading providers of IT solutions and services in Romania, Net Brinel, early this year, was given a four-year term at the helm of the company, a document published in the Official Gazette shows.
Agroland Agribusiness (AAB.RO), a Romanian entrepreneurial company, part of the Agroland group, specialized in the sale of inputs for agriculture, on Monday reported operating revenue of RON63.5 million for 2022, up 97% versus 2021.
tbi bank and private healthcare network Regina Maria partner up to offer a guaranteed subscription valid for one year in Regina Maria healthcare network to people who pay a treatment plan in fixed instalments through a financing plan provided by tbi bank.
Maxagro Group, which is owned by brothers Ianco and Ioji Zifceak and cultivates 10,000 hectares with grain conventionally in Timis county and 1,800 hectares in an ecological system, ended 2022 with a turnover of RON300 million (EUR60 million), up 10% year-over-year, according to company representatives.
The number of job vacancies in Romania dropped by 3.8 thousand in the last quarter of 2022 compared to the same quarter of 2021 and the job vacancy rate decreased by 0.09 percentage points, data from the country’s statistics board INS showed on Monday (Feb 20).
The volume of construction works in Romania increased, in unadjusted data, by 12.9% in 2022 compared to 2021 and was up 10.8% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS.19015 items