Found 19043 news
Romanian businessmen Manole Gheorghe and Vasile Domente are virtually turning Moldavia into Romania’s new wind power pole.
The shareholders of river shipping company Transport Trade Services (TTS) approved the Management Board’s proposal related to the distribution of RON17.8 million worth of dividends.
Craiova-based Softronic, the only manufacturer of electric multiple units and locomotives in Eastern Europe, ended the first quarter of 2022 with of growth of 52% on the year-ago period, the company officials said.
Real estate developer Impact Developer & Contractor (IMP.RO) has signed two general contractor agreements worth EUR10.48 million plus VAT or more than 10% of the net revenue in the last financial statement, the company said in a notification to the Bucharest Stock Exchange.
Beginner entrepreneurs in Romania may enroll between May 2 - 20, 2022 into the Startup Studio by Factory program launched by Raiffeisen Bank, within which business ideas are debated with mentors and specialists in order to stand a better chance of obtaining funds.
Prime Minister Nicolae-Ionel Ciuca, Energy Minister Virgil Popescu and David Muniz, Chargé d’Affaires ad-interim of the US Embassy to Romania, on Tuesday attended the signing of the contract for the sale of Exxon’s stake in the Neptun Deep block to Romgaz, a government press release says.
About 1,600 creditors of Romanian bankrupt insurer City Insurance, formerly the market leader with a 43% market share, have filed requests to recover a total amount of RON9 billion (EUR1.8 billion), in line with information from representatives of CITR, the court-appointed liquidator of the insurer.
Deloitte Romania and Reff & Associates | Deloitte Legal assisted Knauf Insulation, one of the world’s largest manufacturers of insulation solutions and part of the German Knauf group, in taking over the mineral glasswool factory Gecsat located in the Romanian locality of Tarnaveni (Mures County).
Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic growth for 2022 to 2.9% from a previous projection of 4.3% in its winter forecast, in the context of Russia-Ukraine conflict and the international sanctions imposed.
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 5.07% a year on Tuesday (May 3) from 5.01% on Monday (May 2), as per central bank data.
Bento – Intellectual Curious (2B Intelligent Soft), a Romanian entrepreneurial company founded in 2004 and specialized in developing and implementing software solutions and delivering IT and Cloud infrastructure services, has implemented the Bento Granar solution within Comvex, the most modern grain port terminal in Romania.
Romania's state-owned lender CEC Bank becomes primary dealer on the government securities market, starting May 2, thus joining the other seven primary dealers.
Romania's Transport Ministry has approved the purchase of 12 hydrogen fuel cell trains as part of a pilot project aimed at testing "green" trains.
Industrial production prices for the domestic and non-domestic markets grew by 51.7% in March 2022 versus March 2021 and by 7% in March 2022 compared to February 2022, data from Romania’s statistics board INS showed Tuesday.
Sodexo, one of the largest players on the Romanian meal vouchers market, has concluded a strategic partnership with furniture retailer IKEA that will enable customers to use Gusto and Gift cards in IKEA Romania stores.
The list of projects getting the technical approval to connect to the network is expanding by the month, with the newest wind parks set to start operating including the 75 MW one of Botosani, having Italy’s Alerion behind it.
Anchor Grup, a major real estate developer in Romania, will build a new housing compound in Bucharest, Select Residences, in Dristor/Vitan area, in the wake of planned EUR40 million investments.
Romanian DRUID, the startup launched by Liviu Dragan, founder of Totalsoft, has raised $15 million in a new funding round, with the funds set to be used to support its international expansion with accelerated focus on Europe and North America, by increasing headcount.
The four-star Zenith Hotel in the Black Sea resort of Mamaia expects a better summer season in 2022 than last year’s, when it was close to the reference year 2019.
Romania's finance ministry raised EUR245 million on Monday (May 2), below the planned level of RON300 million, selling bonds maturing in 2027, at an annual average yield of 6.93%.19043 items