Found 19043 news
Emerald medical center of Bucharest, part of Sofmedica group, will open a second clinic in Iasi in the wake of EUR3 million investments.
Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, currently has 150 jobs available at its car components factory in Ghimbav, according to the County Employment Agency (AJOFM) Brasov.
Bearing manufacturer Timken Romania, the local subsidiary of the US Timken group, posted RON460.6 million (EUR93.6 million) revenue in 2021, down about 6.5% from the RON492.6 million (EUR101.8 million) in 2020, Finance Ministry data show.
Bittnet Systems (BNET.RO) on Thursday informed investors in a stock market report about a credit agreement concluded between Dendrio Solutions, an IT&C integrator part of Bittnet Group, and lender Banca Transilvania.
Romania's finance ministry on Thursday (Oct 20) reopened a bond issue due in 2026 and borrowed RON398 million from banks, below the planned level of RON400 million, at an annual average yield of 9.47%.
GapMinder, a venture capital fund investing in technology companies created in Romania and Central Europe, said it invested in OutThink, a cybersecurity SaaS platform that identifies, understands and manages human risk, company representatives said in a statement.
The Romanian Government has approved a substantiation note regarding the acquisition by the Ministry of Transport of 20 inter-regional electric trains (RE-IR2) for passengers, a deal worth almost EUR184 million (VAT included) funded both from the EU’s Resilience Facility and the state budget.
Romania’s Competition Council has authorized a transaction whereby Golden Foods Snacks, a producer of salty snacks, seeds, peanuts and dehydrated fruits, is acquiring the company Derpan Galati, a bakery and pastry producer founded by brothers Valentin and Emil Ancuta in 2001.
Romania’s beer market decreased by 4% in the first eight months of 2022 as compared to the same period in 2021, after the first four months had brought a 10% volume decrease, in line with data provided by the Romanian Brewers Association.
The TechAngels group of private investors, focused on supporting technology startups in Romania and the region, has invested in the development of local tech startups over EUR4.6 million in the first nine months of 2022, company representatives said in a statement.
Companies in Romania have over EUR2.5 billion at disposal for investments in green energy generation or energy efficiency improvement, the digitalization of operation of small and medium-sized enterprises (SMEs), recycling, manufacturing or SME retrofitting, in the coming months, during the busiest period for non-reimbursable funding since our country joined the EU in 2007.
UniCredit Bank has received from the Finance Ministry the allocations of loan guarantee ceilings for eligible companies under the IMM Invest Plus program intended for small and medium-sized enterprises (SME), which makes 2022 the third consecutive year that the bank has participated in this program.
Logistics and industrial space developer CTP has finalized the warehouse within the CTPark Bucharest North for online retailer Sezamo, part of Czech group Rohlik.
Law firm Filip & Company assisted Polish company Alsendo owned by Abris Capital Partners, a private equity investor specialized in ESG transformation, with the acquisition of a majority stake in Innoship, a local startup offering fast delivery solutions for companies in the retail and e-commerce industry.
Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values estimated for the short term in the latest medium-term forecast, according to the minutes of the Executive Board meeting of the country's central bank.
Governments around the world are at risk of failing citizens through lack of digitalization, according to the EY research presented in a new report: “How can government workers and technology align to serve future citizens?”.
LifeBox is focusing on the Bucharest market, where it’s launched a new business line, called LifeGo.
OMV Petrom (SNP.RO), the only local oil and gas producer, has announced the completion of its share capital operation, which enabled it to raise RON446 million from investors, the company said in a report to the Bucharest Stock Exchange.
US-held Vanguard, one of the world's largest investment management firms with exposure through mutual funds such as ETFs, and with assets of about $8 trillion, bought 1.52% of real estate developer One United Properties (ONE.RO) shares via the Bucharest Stock Exchange, ZF has found from fund reports as of August 31, 2022.
Romanian natural gas producer and supplier ROMGAZ (SNG.RO) on Wednesday (Oct 19) concluded a Memorandum of Understanding with SOCAR, the state-run oil company of the Republic of Azerbaijan, which sets the basis of a new cooperation between the two companies, Romgaz announced in a stock market report.19043 items