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Romanian stock market brokerage firm Investimental has been admitted as participant in Bucharest Stock Exchange trading system.
Precast concrete products manufacturer ASA CONS of Turda forecasts turnover worth around EUR30 million turnover for 2023, down from 2022, given that sales prices for steel concrete are on a slightly downward trend.
Sensiblu, the brand of the second largest retail pharmacy network in Romania for 25 years has been fully replaced by Dr. Max, the name owner Penta Investments uses for its pharmacies in Europe.
Builder Concelex focused on organizational and operational development, digitalization and team expansion in 2022, and its revenue stood at more than RON500 million, up from the previous year.
Romania's finance ministry raised RON505 million on Monday (Feb 6 ) selling bonds maturing in October 2028, at annual an average yield of 7.55%.
Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of 16.8% in November 2022, according to Erste's report released on Monday (Feb 6).
Electrica (EL.RO) has completed the acquisition of the project company Green Energy Consultancy & Investments S.R.L., whose core business is electricity production from photovoltaic sources through the "Vulturu" project.
The number of real estate deals in Romania stood at 33,000 in January 2023, 26,590 fewer than in December 2022, data from the national cadaster agency ANCPI showed on Monday (Feb 6).
Age continues to be an important factor in the recruitment process and raising the retirement age has the potential to change the dynamics of the labor market, according to the latest BestJobs survey.
The Petromidia Navodari refinery has returned to optimal operational capacity, following the successful completion of the programmed technological operations carried out by Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), the company announced in a stock market report on Monday (Feb 6).
Romanian state-run energy holding Complexul Energetic Oltenia will receive state aid worth RON453.5 million (EUR90.7 million) for 2023, from the state budget, in order to fund the purchase of greenhouse gas certificates, as per a draft government decision.
Mozaik Investments private equity firm, whose shareholders include Sasha Dragic, founder of the Superbet group, has signed an agreement to buy a minority stake in the Untold Group, the largest player on the Eastern European entertainment market.
Frank Loeffler was appointed to the position of General Manager of pharmaceutical company Roche Romania, starting with February 1, 2023.
THETA Furniture & More, an integrator of interior design solutions in Romania, said it appointed Catalin Rotaru to the position of Chief Executive Officer (CEO) of the company, effective February 1, 2023.
Trade between Germany and Romania maintained on an upward trend, reaching EUR37.5 billion in 2022, up 13.9% versus 2021, according to the Romanian-German Chamber of Commerce and Industry (AHK Romania), citing the latest data from the Federal Statistical Office (Destatis).
Retail sales in Romania, excluding vehicle sales, increased by 7.5% in unadjusted data in December 2022 compared to November 2022 and by 1.4% when adjusted for seasonality and number of working days, data from the country’s statistics institute showed on Monday (Feb 6).
The shares of Safetech Innovations will be listed on the Main Market of the Bucharest Stock Exchange (BVB) under the stock ticker SAFE, on Feb 6, after the transfer from the AeRO market, the equity segment of BVB's Multilateral Trading System.
Building materials producer TeraPlast, controlled by Dorel Goia, has opened a logistic and rapid delivery center in Galati, set to serve Galati, Braila, Tulcea, Vrancea, Ialomita and Constanta counties.
Online retailer evoMAG, controlled by entrepreneur Mihai Patrascu, has budgeted EUR500,000 in 2023, more than double the 2022 level.
Electrocentrale Bucuresti SA (ELCEN), Bucharest’s main heat supplier, has announced the Bucharest Tribunal decided to close insolvency proceedings and reintroduce ELCEN in the economic circuit.19015 items