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Tiberiu Danetiu, marketing manager at Auchan Romania, said the company’s turnover rose year-on-year in 2021, with turnover generated by e-commerce doubling.
Romanian building materials producer Soceram is adding a new production unit to its portfolio.
Denmark’s Glerups, a producer of wool footwear, is expanding its production operations in Romania with a new hall and wants to hire 100 people in Aiud, Alba county, according to the representatives of Invest in Aiud, an association meant to promote investments in the city.
Mihai Marcu, CEO and chairman of private healthcare services provider MedLife, says the company’s 2022 investment budget stands at EUR100-120 million.
Austria’s HS Timber Group (the former Holzindustrie Schweighofer) will shut down the solid wood panel plant of Siret and the timber plant of Radauti at end-March, with 600 employees due to be affected.
Bringo Magazin, which operates the Bringo delivery platform, posted almost EUR10 million (RON47 million) revenue in 2020 (the last year with publicly available data).
Romania’s Competition Council said it was looking into a transaction whereby Poland's Unilink had joined the shareholding structure of Safety Broker in December 2021, the main insurance broker on the Romanian market.
Real estate consulting firm JLL has announced a new addition to the local team of Tétris Romania by recruiting Vlad Stanislav as Managing Director.
Romania's competition authority said it has approved the takeover of local healthcare services provider Life Line - Medical Center by Centrul Medical Unirea (CMU).
SAI Patria Asset Management, a company of Patria Bank Group, ended 2021 with total assets managed of RON102.6 million, up 117% compared to the end of 2020, and launched a trading platform that allows clients online access to investment funds.
Monza Romania Group, held by Italy’s Policlinico di Monza, which operates four hospitals in Romania, ended last year with EUR62.5 million revenue and expects EUR70 million revenue in 2022, its officials said.
CEO confidence in the global economy’s growth prospects is at a ten-year high globally, according to the 25th PwC CEO Survey. Of the respondents, 77% expect the global economy to improve in 2022 compared to 2021.
AROBS Transilvania Software (AROBS.RO), a Romanian IT company that provides software services and solutions, benefits as of Tuesday (January 18), a month after its listing, from the Issuer's Market Maker (IMM) services provided by BRK Financial Group (BRK.RO).
EMI, a company operating integrated solutions and services for industrial access, together with Morphosis Capital, announced the formation of an Advisory Board composed of four top executives in the Romanian business environment.
Agroland Business Systems (AAB.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has attracted RON14.7 million from investors and finalized the share capital increase operation.
OTP Bank, the largest banking group in Hungary, also present in Romania, has appointed Bogdan Spuza to the position of Chief Executive Officer (CEO) of its division in the Republic of Moldova, according to data from bank representatives.
Practic SA (PRBU.RO), one of the largest owners of street-level retail space in Bucharest, held by Radu Dimofte, has sold a plot of land located on Primaverii Boulevard in Bucharest, for which it collected RON19.7 million (EUR4 million) as advance payment.
New car registrations in Romania dropped by 4.1% on the year to 121,208 units in 2021, 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 Tuesday.
Turda-based precast concrete product maker ASA CONS, the builder of the MDF plant of Oarja, near Pitesti, a EUR150 million project of Turkey’s Yildiz Entegre, expects EUR21-22 million turnover in 2022, after having ended 2021 with total revenues of almost EUR24 million.
Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, in 2021 doubled its turnover and for 2022 expects it to at least stay at last year’s level.19015 items