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Dumagas, one of the biggest freight carriers in Romania, controlled by investment fund Bancroft, ended the first quarter of this year with 10% higher turnover than in the year-earlier period, according to the company’s head.
Romanian Tudor Personal Tailor, a business specialized in the production of men’s made to measure suits, has recently opened a showroom in Iasi, the fourth in Romania.
Practic SA, one of Bucharest’s biggest owner of street-level retail space, cashed in EUR8 million after selling a 1,361-sqm land plot in Bucharest’s Primaverii area, in line with a report published on the Bucharest Stock Exchange.
Stomatology clinic Trident, with two units in Bucharest, aims to increase its turnover by 20% in 2022 from last year, which would take its business to over RON17 million, in line with ZF calculations based on company data.
Raiffeisen Bank posted RON218 million net profit in the first quarter of 2022, an increase of 10% on the first quarter of 2021.
Raiffeisen Bank posted RON218 million net profit in the first quarter of 2022, an increase of 10% on the first quarter of 2021.
Dutch company Envipco has completed an investment of more than EUR2 million in an equipment factory for the selective collection of beverage packaging, built in the city of Sebes, Alba County.
Dutch company Envipco has completed an investment of more than EUR2 million in an equipment factory for the selective collection of beverage packaging, built in the city of Sebes, Alba County.
Romanians bought medicines worth RON22.2 billion (EUR4.51 billion) in the period April 2021 – March 2022, at wholesale prices, 22.6% more than in the year-earlier period, in line with the Cegedim Customer Information report.
Ioana Gorganeanu has taken over the position of Head of Marketing and Communication Mastercard for Romania, Croatia, Israel and the countries in the Balkan region.
The Board of Directors of Germany’s Schaeffler Group has appointed Stefan Gulacsi-Gologan to the position of administrator of the local division Schaeffler Romania starting May 2022.
SoftServe, a technology company and specializing in consultancy services and software development, has opened a new office in Romania’s capital city of Bucharest, as part of its strategy to expand global delivery capabilities.
Distributie Energie Electrica Romania, the electricity distribution subsidiary of Electrica Group, has an investment plan of RON689 million for 2022, for the modernization and development of the electricity distribution system.
The Bucharest Stock Exchange on Wednesday said the shares of Chromosome Dynamics will start trading on the AeRO market, the equity segment of the Multilateral Trading System, under the stock ticker CHRD, on Thursday, May 5.
Romanian video game developer Amber on Wednesday said it ended 2021 with a turnover of RON126.8 million (USD$30.5 million), up 56% versus 2020.
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 5.10% a year on Wednesday (May 4) from 5.07% on Tuesday (May 3), as per central bank data.
Stay Fit Gym, the second largest chain of gyms in Romania by the number of fitness centers opened, on Wednesday announced the full takeover of two fitness centers held by Gym District in the town of Pitesti.
Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in specialized stores (+9.8%), of non-food items (+7%) and food items, beverages and tobacco (+1.7%), in line with data from the country’s statistics board (INS).
A company of Brasov, founded in 2013 by two brothers, Tudor and Alexandru Iliescu, which has become, with its Mondly brand, a global leader on foreign language learning app market, has been acquired by British giant Pearson, the global leader of the learning services market.
DP World, one of the world’s biggest port operators, is set to invest $15 million in an intermodal terminal in Decea, near Aiud, which will connect the central area of Romania to Constanta harbour.19043 items