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The number of real estate deals in Romania stood at 53,225 in April 2022, 18,898 fewer than in March 2022, data from the national cadaster agency ANCPI showed Tuesday.
Studium Green, a real estate developer of Cluj owned by businessman Dorin Bob, took over a portfolio of 100 properties from Immobiliare Italo Romena, the subsidiary of former Italian bank Veneto Banca, which is undergoing a compulsory administrative liquidation process.
Romanian-held Arxia, a company with 20-year expertise in the creation of IT solutions and digitalization consulting, plans to double its number of employees during 2022, in a bid to meet rising demand.
Agricola Bacau group, a major player on the poultry meat market in Romania, also a producer of cold cuts and ready-meal items and eggs, aims to increase its turnover by 11% in 2022 despite challenges related to soaring costs.
Fiberglass mesh producer BICO Industries, part of building materials holding ROCA Industry, wants to access state aid to expand its current product portfolio.
CER Cleaning Equipment in Arges County, the company that Germany’s Kärcher uses for its Romanian manufacturing operations of, posted RON575 million revenue in Romania in 2021, an increase of 54% on the previous year. The revenue almost doubled compared with 2019.
Romania's finance ministry raised RON517 million on Monday (May 9), above the planned level of RON300 million, selling bonds maturing in 2032, at an annual average yield of 7.92%.
Cluj-based Clever++, which developed ecommerce platforms Magento and Shopware, has concluded a partnership with digital marketing agency Gun Media to provide online sales solutions for medium and large companies.
The Romanian subsidiary of the European IT group Cegeka ended 2021 with growth of 18% in revenue and expects growth of 28% for 2021. It also plans to hire at least 200 people in Romania and 75 in the Republic of Moldova, the company said.
The turnover of recycling companies in Romania could reach RON13 billion (EUR2.6 billion) in 2022, which would translate into an increase of 2.36% compared to 2021, in line with an analysis released by KeysFin.
Dent Estet Group, part of the MedLife Medical System, ended 2021 a turnover of RON107.6 million, a 60% increase compared to RON67.1 million in 2020, according to data provided by company representatives.
Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products within post offices across the country.
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, extends its lease contract for an additional office space of 1,000 square meters within the Globalworth Tower in capita city Bucharest.
Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, had a turnover of RON25.47 million in the first quarter of 2022, up 16.8% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on a stock market report.
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 million (over EUR39 million).
Local startup firm SenseTask, which developed a smart platform for document processing, will be listed on the Seedblink equity crowdfunding platform on Tuesday (May 17) in order to attract seed funding, being supported by Constantin Marcu, a Romanian entrepreneur and business angel.
Austrian construction company Strabag reported revenues of EUR264 million in Romania in 2021, up 5% versus 2020, in line with data from the Group's latest financial report for 2021.
Banca Transilvania (TLV.RO) financial group made RON400 million consolidated net profit in the first quarter of 2022, down 39% from the RON656 million of the same time in 2021, ZF has calculated from the data in the report published on the Bucharest Stock Exchange.
Shareholders of Impact Developer & Contractor (IMP.RO), one of Romania's largest residential developers, are expected to approve at their general meeting of June 9 a measure aimed at increasing the company’s share capital by RON165.9 million, according to a stock market report.
Alex “Jay” Balan, one of the most famous names in the cybersecurity industry of Romania, who spent the last 15 years working for BitDefender, most recently as Security Research Director, has been recruited by the SuperBet group.20068 items