Found 18995 news
Romania’s media market has attracted investments worth EUR629 million in 2021, being the first time when advertising budgets exceeded the EUR600 million threshold reached in 2008, per data released by GroupM.
Investment in companies developing technology to try to combat the climate crisis grew to $87.5 billion in the year leading up to June 30, according to new research from PwC.
Insolvency practitioner CITR, part of Impetum Group, has appointed Paul Dieter Cirlanaru to the position of Chief Executive Officer (CEO).
Teilor Holding made its debut on the Bucharest Stock Exchange with its first bonds, on Tuesday (December 21).
Law firm Wolf Theiss assisted Spanish startup Glovo in the process of the Competition Council's authorizing the takeover of Foodpanda operations in Romania. Romania’s antitrust body officially announced on Friday (Dec 17) that it had approved the acquisition of Foodpanda SRL by Glovoappro SRL, but under certain terms.
Bittnet Systems (BNET.RO), a local integrator of IT&C solutions and provider of training services in the IT sector, said in a stock market report on Tuesday that Impetum Investments alongside persons in the management of Impetum Group exceeded the 5% ownership threshold of Bittnet share capital.
Israel’s Econergy, one of the leading green energy investors in Romania, has leased spaces within the Metropolis Center in capital Bucharest for its head office in Romania.
mindit.io, a Romanian company specializing in software development, will end 2021 with turnover worth around RON45 million, 40% higher than in 2020.
Bosch, one of the largest car parts producers locally, with EUR448 million sales in 2020, currently has 126 jobs available for the Blaj plant.
ATP Trucks Automobile, a manufacturer of road freight vehicles, part of ATP Group of Baia Mare, plans to triple its production capacity next year, to 300 trucks. By comparison, 100 units were manufactured this year, says Mircea Cirt, founder of the group.
Parcel delivery company DPD Romania, one of the biggest locally, will register a 27% turnover increase in 2021 against 2020, as e-commerce, the main growth driver of the market during the pandemic, has continued its upward trend this year.
Covasna-based Balvanyos Resort will complete in late 2022 an investment project worth around EUR9 million meant to expand the accommodation capacity and area of the spa center.
Private healthcare services provider MedLife aims for EUR340 million pro-forma turnover in 2021 after the company has had a strong focus on acquisitions and clinched several deals that are now visible in its revenues.
Fondul Proprietatea (FP.RO), an issuer with exposure to strategically important companies in the Romanian economy, such as Hidroelectrica and OMV Petrom, on Monday evening notified the Bucharest Stock Exchange that Henry Mark Gitenstein had resigned from his positions in the fund’s Board of Nominees and all consultative committees.
Kazakhstan’s KMG International, which owns Rompetrol Rafinare (RRC.RO) notified the Bucharest Stock Exchange that no transaction was currently in a definitive stage with any of the potential partners.
tazz by eMAG delivery platform (the former online food delivery platform EuCeMananc) has put Daniel Kovats, Razvan Acsente and Mihai Brenda in charge of the Strategy, Business Development and Marketing Departments, effective December 2021.
On Tuesday (Dec 14), the Bucharest Court admitted the insolvency request of Romania’s National Uranium Company put in by Tinmar Energy, a firm held by businessman Augustin Oancea, according to Ziarul Financiar daily.
Liberty Steel Group has allocated EUR5.5 million towards the consolidation and automation of the Liberty Galati Hot Strip Mill, which this year celebrates half a century of continuous activity.
The Bucharest Stock Exchange on Monday announced that TEILOR Holding would list two bond issues on Tuesday (December 21).18995 items