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Dr. Fischer Dental, leader on the Romanian dental equipment market, went public on Tuesday (Feb 22) on the AeRO market of the Bucharest Stock Exchange, under the stock ticker DENT.
Capital city of Bucharest registered 13,919 jobless people (of whom 7,386 women) at the end of January 2022, taking the unemployment rate to 1.13%, data from the Bucharest Municipal Employment Agency showed Tuesday.
Real estate consulting team Cushman & Wakefield Echinox expands its Land & Industrial team coordinated by Andrei Branzea by recruiting Marius Frunzuc and Stefan Oprea, who will be working as Land Agency consultants.
Romanian startup company AutoVantage, which developed a platform whereby new car buyers can compare offers from car dealers all over the country and choose the best one for their needs, is to be listed on Rōnin financing platform, seeking to raise EUR150,000, at an EUR2,000,000 valuation, Rōnin officials said in a statement.
Five-star Grand Hotel Bucharest, the former Intercontinental Hotel in capital Bucharest, is starting renovation works on its building and has co-opted the Bergman Design House studio for the EUR21 million, the hotel said in a statement.
Hidroelectrica’s current value exceeds $10 billion and, if listed on the stock market, its value could grow by 10%-15%, Johan Meyer, Portfolio Manager at Fondul Proprietatea, told ZF Power Summit 2022 on Tuesday (Feb 22).
MOL Romania has opened 16 filling stations on the local market during the coronavirus pandemic, Camelia Ene, country chairman & CEO of MOL Romania, told ZF Power Summit 2022 on Tuesday (Feb 22).
Finance minister Adrian Caciu on Tuesday said ruling coalition leaders agreed with his proposal to temporarily reduce the excise tax on fuel by 50%.
Computacenter Romania, a developer of end-to-end IT solutions, plans to double the number of employees until the end of 2022 and it has some 100 job openings for 2022, company representatives said in a statement.
Paver manufacturer Elis Pavaje is investing EUR600,000 to install photovoltaic (PV) generators in partnership with Restart Energy, one of the largest independent energy suppliers on the local market.
Catalyst Romania has finalized the launch of Fund II at a maximum value of EUR50 million, above the target value and oversubscribed, being the second venture capital fund that targets investments in technology companies.
Airline Blue Air on Tuesday said Steven Greenway would be its new Chief Executive Officer (CEO) starting March 1, 2022.
Globalworth Industrial, the company that owns Oarja logistic platform, where the only presence had been that of Dacia logistic center, is bringing Caroli next to the biggest warehouse of the Mioveni carmaker.
Austrian group Raiffeisen Bank International reported net profit worth EUR173 million from Romanian operations in 2021, up 31.8% from the 2020 gain.
Pharma group Bioeel, owned by businessman Albert Attila, a founding member, and Jean Scheftsik de Szolnok, a French citizen, in 2021 generated turnover worth RON562 million (EUR114.2 million), 18% higher than in 2020.
Catalin Mahu, owner of restaurant chain La Mama, plans to open six restaurants this year to exclusively serve the delivery segment.
Luzan Logistic, a major player on Romania’s distribution market, last year went beyond the RON1 billion mark in terms of revenues, up 17% on the year.
International freight forwarding and logistics group International Alexander based in Arad expects 15% growth in revenue in 2021 and will continue investments in expansion, its officials say.
River shipping company Transport Trade Services (TTS.RO), an entrepreneurial business listed on the Bucharest Stock Exchange announced its financial results for 2021 on Monday evening. Thus, the company had total consolidated revenues of RON598 million, an increase of 15%, and a net profit of RON66 million, 38% higher than in 2020.
Scandinavian furniture and home products retailer JYSK is continuing its expansion in Romania by opening three new stores on Thursday (Feb 24) in the towns of Ploiesti and Resita and the Floresti commune near the city of Cluj-Napoca.19451 items