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Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) is summoning its shareholders on April 27, 2022 to approval the distribution of a gross dividend in the amount of RON0.0042 per share, respectively a total amount of dividends of RON5.05 million from the company’s 2021 profit.
SIF Hoteluri, a company controlled by SIF Banat-Crisana, announced the company’s shareholders approved the sale of DoubleTree by Hilton hotel of Oradea, part of the company’s portfolio.
Healthcare network Regina Maria has invested over EUR15 million in Brasov county over the past ten years.
Radiotherapy center MedEuropa, present in Romania since 2018, plans to expand to Iasi and Bacau and targets EUR80 million turnover in 2022.
Freshful, an online hypermarket recently added to eMAG’s e-commerce platform group, is looking at cities with over 300,000 inhabitants for expansion and mulls potential agriculture investments to produce its own products for sale.
SIF Oltenia (SIF5.RO) has offered two options for the RON37,5 million profit of 2021, the company said in a report to the Bucharest Stock Exchange.
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, exported $960 million worth of oil products in the region to the subsidiaries of KMG International in Moldova, Georgia and Bulgaria in 2021.
WIP Industries Romania, a supplier of components for the furniture industry, is investing nearly EUR36 million (RON180.3 million), of which EUR17.9 million represents state aid, in a center for the production of furniture components that will be located in the industrial park in Campia Turzii (Cluj County).
Romania’s Finance Ministry continues the FIDELIS government bond issue for retail investors and launches on the Bucharest Stock Exchange the first issue in 2022.
Romanian companies are mainly concerned about the unfavorable evolution of general costs, amid rising prices of energy and raw materials internationally, about the workforce shortages and the geopolitical context, in line with the latest edition of Deloitte CFO Survey Romania, conducted based on opinions expressed by over 100 CFOs in Romania at end-2021.
Romania's finance ministry on Thursday (March 17) raised RON1.19 billion, selling bonds maturing in October 2027 and December 2022, at annual average yields of 6.03% and 4.25%, respectively.
Ozan Tuncer has taken over the position of Chief Executive Officer (CEO) of Cosmopolis, the largest residential project in Romania built after 1989, with over 14,000 inhabitants.
Real estate developer Hagag Development Europe, part of Hagag Group of Israel, continues its expansion plans in Romania and acquires an old office building located on 5-7 Vasile Lascar Street, near Rosetti Square and University Square in capital city Bucharest.
German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-end equipment and new technologies for the automotive sector.
Carrefour Romania has appointed two new executives for its Property and Expansion Departments, considering that supporting the company's physical footprint remains a strategic objective in 2022 too, as a pillar of the omnichannel model.
Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product (GDP) is expected to reach EUR265 billion from EUR240 billion in 2021, in line with updated macroeconomic forecasts.
New car registrations in Romania surged by 39.2% on the year to 17.953 units in January-February 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 Thursday.
Around 70% of Teleferic Grand Hotel employees are from Asia and Dragos Fratila, general manager of the Poiana Brasov hotel says the trend of importing workforce will continue.
Entrepreneur Omer Susli, who owns furniture and home décor retail chain Homelux, beside many other businesses in various fields, is seeking land plots on which to build own logistic spaces.19015 items