Found 20068 news
Gucci boutique of Bucharest has been shut down “in glory” after turnover neared RON21 million in 2021, slightly up from RON20.7 million in 2020. This is the best result since opening.
KeysFin analysts expect food retail sales in Romania to exceed the RON142 billion threshold in 2021, due to increased demand and to elevated inflationary pressures.
African Industries Group (AIG) has acquired control of fitness center network World Class Romania via Vectr Fitness, which means Poland’s Resource Partners exited the business.
Romanian startup Bunnyshell, the Environment-as-a-Service (EaaS) platform, on Thursday said it had raised $4M in additional funding.
Romania's nuclear power producer Nuclearelectrica (SNN.RO) launches the corporate social responsibility (CSR) platform “Nucleus of care”, which follows the strategic directions and the company’s vision to build a sustainable future for the next generation by producing clean energy at excellent standards and through the socio-economic impact it has in Romania.
The shareholders of Romanian energy supply and distribution company Electrica Group (EL.RO) approved at their ordinary general meeting on April 20 the distribution of dividends in the amount of RON152.8 million for the financial year 2021, in line with a stock market report.
The European Bank for Reconstruction and Development (EBRD) announced that it was continuing its partnership with Startup Wise Guys (SWG), one of the leading startup accelerators in Europe, with the launch of a new programme named “Fintech 5”.
Austrian property developer Immofinanz reported revenues of EUR48.8 million at the end of financial year 2021 from renting its office and retail properties in Romania.
Integrated mobility services provider Autonom Services, held by brothers Marius and Dan Stefan, on Thursday said it ended 2021 with consolidated revenue of RON394.3 million, up 20.6% versus 2020 and up 16% from 2019, a benchmark year for the company before the pandemic.
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, surged to 4.73% a year on Thursday (April 21) from 4.71% a year on Wednesday (April 20), as per central bank data.
The volume of Romanian construction works increased, in unadjusted data, by 8.4%, in January-February 2022 as compared to the same period of 2021, and by 5.9% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed Thursday.
French-Belgian startup iBanFirst, operating an online platform allowing companies to carry out rapid transactions in over 30 foreign currencies, wants to reach a portfolio of 600 clients domestically, triple the current one.
ICD Real Estate Development, a developer controlled by Nicusor Popescu and Daniel Chitafes, bought 17,000 square meters from IMGB platform to the end of developing a housing project.
Rodbun group, established two decades ago by Daniel Muntean and Alexandru Iancu, plans to shift from primary production and agricultural input trading to processing. Thus, on the medium term it plans to invest in a peas processing unit, according to its representatives.
Total population and company debt at end-2021 reached RON425.6 billion (EUR86.5 billion), up by RON40.2 billion or 10.4% from the 2020 level. The indebtedness growth pace sped up in 2021, to the fastest since 2008.
The high activity levels seen on the local real estate investments market at the start of 2022 indicate that the total investment volumes in Romania could exceed EUR1 billion in 2022, according to representatives of real estate consulting firm Colliers.
Romania's competition authority said on Wednesday (April 20) that it was looking into the takeover of local real estate group Maurer by investment fund Revetas Capital.
Romanian carmaker Automobile Dacia’s assembly plant in Mioveni (southern Romania) has produced the 10 millionth car, an urban gray Duster SL Extreme vehicle, on Wednesday (April 20).
Austrian construction company Strabag has won a contract worth RON327.9 million (over EUR66 million), excluding VAT, to build the new passenger terminal at Iasi airport, an EU-funded project.
Law firm CMS Romania announced on Wednesday (April 20) that Cristina Popescu was promoted to Partner starting May 1, 2022.20068 items