Found 19029 news
Law firm CMS Romania announced on Wednesday (April 20) that Cristina Popescu was promoted to Partner starting May 1, 2022.
The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021.
EMI, a company specialized in integrated solutions and services for industrial access, has announced the complete takeover of Decran, a Belgian company specialized in the production and installation of industrial steel doors.
Real estate consulting firm CBRE Romania has assisted Austrian real estate developer S IMMO AG in the acquisition of EXPO Business Park, an office complex located in northern Bucharest.
New car registrations in Romania surged by 39.6% on the year to 28.978 units in January-March 2022, placing the country 14th in the European Union, data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed Wednesday.
Romania’s unemployment rate stood at 5.6% in 2021, lower than 6.1% in 2020, data from the country’s statistics institute INS shows on Wednesday (April 20).
The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 edition of its World Economic Outlook (WEO) report.
Amigo & Intercost, a beverage distribution company based in Odorheiu Secuiesc, Harghita County, posted RON12.3 million (EUR2.5 million) net profit in 2021, up 47% from the almost RON8.4 million (EUR1.7 million) the previous year, Finance Ministry data show.
Medical device manufacturer Hamilton Central Europe has invested more than EUR4.5 million in its Romanian operation, starting with the Mechanics department and is continuing with the development of its Metal Sheet Processing department, where it will produce metal components, the company said in a press release.
France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is interest only for one country, such as Romania.
Car parts manufacturer Coindu Romania, part of Portuguese Coindu Group, currently has 50 job openings at its factory in the locality of Curtici (Arad County), in line with data on the website of the local employment agency in Arad.
Pilis Food, a company founded by Romanian entrepreneur Puiu Elisei, has acquired the local bankrupt mushroom compost plant East Champion Union Cooperativa Agricola.
The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development and modernization of the airport infrastructure, an investment estimated at RON81.5 million (EUR16.5 million) excluding VAT.
Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the signing of the purchase agreement.
Most Romanians (77%) fear a possible economic crisis in 2022 and the rising consumer prices represent their biggest fear, in line with a survey conducted by Avangarde.
Romania’s mergers and acquisitions (M&A) market recorded 48 transactions in the first three months of 2022, 17% more than in the first quarter of 2021, as per an analysis by consulting firm Ernst&Young (EY).
Suceava-based paving stone manufacturer Symmetrica has announced an investment of EUR10 million to fully retrofit its factory in Veresti (Suceava County), the company’s first production unit inaugurated in 1999.
Financial analysts expect Romania’s central bank to increase its benchmark interest rate to at least 4.25%, the national currency to depreciate to an average of 5.082 units to the euro and the inflation is seen averaging 8.03% in the next 12 months, a monthly poll by CFA Romania showed Tuesday.
Cornerstone Communications, a local consulting firm specializing in investor relations and capital markets advisory, together with MIA Marketing, a Romanian market research company, published a new series of results from the study regarding the capital market and the analysis of the behavior of Romanian retail investors.
More than 60% of Eastern European Chief Financial Officers (CFOs) say their businesses have returned to pre-pandemic levels – the end of 2019, according to the CFO Panel 2022 survey conducted earlier 2022 by management consulting company Horváth.19029 items