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Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, is opening on Thursday (Dec 15, 2022) its first store in Romania, within Bucharest’s ParkLake shopping center.
Romanian data center developer Tema Energy expects a turnover of over EUR11 million in 2022, up almost 25% versus 2021, as per a statement sent by company representatives.
MedLife, the leader of the private medical services market in Romania, in a stock market on Wednesday (Dec1 4) announced the signing of a syndicated loan in the total amount of EUR228 million in order to refinance and increase the existing syndicated loan by EUR50.7 million.
In only ten months since its launch, ten multinational and entrepreneurial companies, with an impact of over 100,000 employees on the labor market, have accessed integrated visual arts services in their efforts to accelerate transformation, strengthen reputation and adapt the organizational mindset to a constantly changing macroeconomic context.
Romania's current account balance posted a deficit of EUR23 billion in January-October 2022, higher by EUR9 billion than in the same period of 2021, central bank data published on Wednesday (Dec 14) show.
Nearly nine out of ten investors (87%) said that corporate sustainability reporting contains “unsupported claims”, and 69% say they should be done with the same rigor as financial reporting, according to the PwC Global Investor Survey 2022.
Romania’s industrial production fell by 0.9% in unadjusted data in January-October 2022 versus the same period of 2021 and by 1.4% when adjusted for seasonality and number of working days, data from the country’s statistics board INS showed on Wednesday (Dec 14).
Romania's electricity production decreased by 4.5% year-over-year in January-October 2022, the country's statistical office INS said on Wednesday (Dec 14).
Sighetu Marmatiei-based Plimob, a major local supplier of chairs for IKEA, has invested EUR775,000 to install a photovoltaic plant, in partnership with E.ON Energie Romania.
Luxury jewelry chain Teilor is reopening the store of shopping center AFI Cotroceni after a complete revamp under a new format, with this being the 13th unit included in the Oragne Concept Store concept.
Star Assembly and Star Transmission, the local units of Mercedes-Benz AG, will manufacture electric motors for the new EV range EQ.
Nestor, a local startup that developed a people intelligence platform, expects to end 2022 with twice as high revenues as in 2021 as 2022 has been a lucrative year for the company.
Furniture producer Taparo, part of Taparo group of firms founded by entrepreneur Ioan Filip, currently has 60 jobs available for the plants located in Borcut and Targu Lapus localities of Maramures county.
Cluj-based cosmetics manufacturer Cosmetic Plant reported RON11.9 million turnover last year, 6% above the 2020 level. This is the best level since the company was founded back in 1991.
Aerostar Bacau, a manufacturing and maintenance company in the aviation industry, currently has 280 jobs available.
Health insurance provider Signal Iduna plans to increase its revenues by over 15% in 2023, with efforts largely to focus on integrating the two companies it has acquired, namely Erdo Asigurari and Ergo Asigurari de Viata, maintains Tiberiu Maier, chairman of the company’s board of directors.
Roxana Manolescu, CEO of cold cuts producer Caroli Foods Group, says the company in 2022 has improved its logistic chain, so that a major project envisaged investments in a new logistic center, in Oarja.
Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), announced the start of an accelerated bookbuilding offering of its entire stake in OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer, on the Bucharest Stock Exchange.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said in a stock market report on Tuesday (Dec 13) that its Board of Directors decided to extend the mandate of Viorel-Sorin Ciutureanu as the company's interim Chief Executive Officer (CEO) for four months, starting January 1, 2023.
The e-commerce (electronic commerce) market in Romania, which witnessed an unprecedented boom in online sales during the pandemic, saw slower growth in 2022, as it was dominated by trends of “resettlement” in sales and “moderation” on the part of Romanian consumers, shows an analysis comprising the main findings of some of the leading providers of e-commerce solutions.19058 items