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MOL Romania Petroleum Products, the local subsidiary of Hungary’s MOL, for 2021 reported turnover of above RON7.9 billion (EUR1.6 billion), up 42.6% from 2020, in line with ZF calculations based on Finance Ministry data.
Kandia Dulce, Romania’s biggest chocolate producer, aims for 21% higher turnover in 2022 against 2021, to RON194 million, betting on the most important brands in its portfolio.
Oradea, the second largest market for logistics and transport in Romania after Bucharest, will have the first industrial park with a cargo terminal, also the first air cargo terminal in the country.
Most retailers in Romania (almost 60%) reported rising sales since the onset of the COVID-19 pandemic until March 2022, with the online segment surging by 57%, as per a survey by VTEX, an e-commerce platform, and market research firm MKOR Consulting.
Romanian regional investment fund SIF Muntenia (SIF4.RO) on Tuesday informed investors that on June 6, 2022 it concluded a sale-purchase contract with Centrul Medical Unirea regarding the transfer of a total 1,882,496 shares held by SIF Muntenia at Muntenia Medical Competences.
Romanian real estate developer Eden Capital Development announced that it obtained the building permit for a EUR200 million residential complex in capital Bucharest.
T-Systems International sets off the opening of a Digital Hub in Romania with the support of Combridge and DTSE Romania, offering more than 100 jobs.
Romanian startup firm Vatis Tech, which developed a speech recognition platform for audio-video content processing, is preparing for a second funding round due in the fall of 2022, aiming for international expansion, company officials said in a statement.
Alexandrion Group, the biggest alcoholic beverage producer domestically, has launched the Carpathian Single Malt brand, the first single malt whisky 100% made in Romania.
Cluj-Napoca based car parts wholesaler Unix Auto, held by businessman Zombori Antal, posted RON322.6 million (EUR65.6 million) revenue in 2021, about 3% lower than in 2020, ZF has calculated from Finance Ministry data.
Law firm Filip & Company assisted BCR in the transfer of part of the operating lease business of BCR Fleet Management to Arval Group.
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, grew to 6.07% a year on Tuesday (June 7) from 6.05% a year on Monday (June 6), as per central bank data.
Business angels investment platform Growceanu aims to raise EUR300,000 in an investment round set to unfold exclusively on the Growceanu platform starting June 9th.
Softbinator Technologies, a Romanian software company founded by Daniel Ilinca, is taking over Timisoara-based Espresoh Tech in a bid to expand its client portfolio, particularly on the US market.
Paver manufacturer Elis Pavaje in 2021 posted RON313 million turnover, 9% higher than in 2020.
Construction company Bog’Art, owned by Raul Doicescu, continued the downward turnover trend that started three years ago and in 2021 posted RON576.2 million turnover, down 4% year-on-year.
Romania last year exported 17.4 million liters of wine as total production stood at 4.5 million hectoliters (450 million liters). This means exports weighed below 4% of total wine production, in line with ZF calculations based on data provided by the Association of Wine Producers and Exporters and the International Vineyard and Wine Organization.
Aluminum aircraft parts manufacturer Universal Alloy Corporation, a member of the Montana group controlled by Austrian entrepreneur Michael Tojner, ended last year with RON411 million (EUR85 million) revenue, compared with RON471 million (EUR97.8 million) the previous year, Finance Ministry data show.
SIF Hoteluri (CAOR.RO), a company in which SIF Banat-Crisana (SIF1.RO) owns the majority stake, has notified shareholders of the sale of the DoubleTree by Hilton Hotel in Oradea, according to a report to the Bucharest Stock Exchange.20068 items