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CER Cleaning Equipment in Arges County, the company that Germany’s Kärcher uses for its Romanian manufacturing operations of, posted RON575 million revenue in Romania in 2021, an increase of 54% on the previous year. The revenue almost doubled compared with 2019.
Romania's finance ministry raised RON517 million on Monday (May 9), above the planned level of RON300 million, selling bonds maturing in 2032, at an annual average yield of 7.92%.
Cluj-based Clever++, which developed ecommerce platforms Magento and Shopware, has concluded a partnership with digital marketing agency Gun Media to provide online sales solutions for medium and large companies.
The Romanian subsidiary of the European IT group Cegeka ended 2021 with growth of 18% in revenue and expects growth of 28% for 2021. It also plans to hire at least 200 people in Romania and 75 in the Republic of Moldova, the company said.
The turnover of recycling companies in Romania could reach RON13 billion (EUR2.6 billion) in 2022, which would translate into an increase of 2.36% compared to 2021, in line with an analysis released by KeysFin.
Dent Estet Group, part of the MedLife Medical System, ended 2021 a turnover of RON107.6 million, a 60% increase compared to RON67.1 million in 2020, according to data provided by company representatives.
Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products within post offices across the country.
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, extends its lease contract for an additional office space of 1,000 square meters within the Globalworth Tower in capita city Bucharest.
Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, had a turnover of RON25.47 million in the first quarter of 2022, up 16.8% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on a stock market report.
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 million (over EUR39 million).
Local startup firm SenseTask, which developed a smart platform for document processing, will be listed on the Seedblink equity crowdfunding platform on Tuesday (May 17) in order to attract seed funding, being supported by Constantin Marcu, a Romanian entrepreneur and business angel.
Austrian construction company Strabag reported revenues of EUR264 million in Romania in 2021, up 5% versus 2020, in line with data from the Group's latest financial report for 2021.
Banca Transilvania (TLV.RO) financial group made RON400 million consolidated net profit in the first quarter of 2022, down 39% from the RON656 million of the same time in 2021, ZF has calculated from the data in the report published on the Bucharest Stock Exchange.
Shareholders of Impact Developer & Contractor (IMP.RO), one of Romania's largest residential developers, are expected to approve at their general meeting of June 9 a measure aimed at increasing the company’s share capital by RON165.9 million, according to a stock market report.
Alex “Jay” Balan, one of the most famous names in the cybersecurity industry of Romania, who spent the last 15 years working for BitDefender, most recently as Security Research Director, has been recruited by the SuperBet group.
Most Romanians believe that since the war started in Ukraine, the EU has shown solidarity (78%) and has been united (70%) and fast (64%) in its reaction, according to a Flash Eurobarometer survey.
The Bucharest Stock Exchange on Friday said a new OMRO IFN bond issue worth RON10 million will start trading on the Multilateral Trading System, under the stock ticker OMRO26, on Tuesday (May 10).
OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the consolidated results adjusted in accordance with the Group’s standards.
Law firm Filip & Company assisted Medicover, one of the largest private healthcare providers in Romania, in the acquisition of Laurus Medical, which owns a network specializing in niche medical services covering proctology and venous system disorders.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 5.20% a year on Friday (May 6) from 5.16% on Thursday (May 5), as per central bank data.19043 items