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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which over 95% went to export, in line with calculations by Ziarul Financiar daily, considering an average market price of EUR18,000, VAT included.
Evergent Investments (formerly known as SIF Moldova) wants to operate a reduction of the share capital by RON1.9 million and to carry out a buyback program of maximum 23.1 million shares, representing 2.402% of the share capital.
Financial analysts expect the Romanian leu will depreciate to an average of 5.1145 units to the euro in the next 12 months, while inflation is seen averaging 5.8% during the same period, a monthly poll by CFA Romania showed Monday.
Foreign tourists who came on holiday in Romania in January-October 2021 spent around EUR2 billion, in line with data provided by the National Bank of Romania.
CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction in Bucharest and in multiple regional cities, with Romania being a growth engine for the group, weighing 26% in total spaces underway at the level of its entire network.
Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, is set to post around 15% higher turnover this year, according to the company’s officials.
Scandia Food, Romania’s biggest canned food company, controlled by entrepreneur families Gaspar and Crestin, acquired Alba Iulia-based Agra’s from Dan Sarmasan and Ligia Sanda Stincel.
Electrical home appliances production has over the past 3 years attracted investment worth above EUR200 million in three new plants, existent facility expansion and one acquisition, with the field being among the most dynamic in the Romanian economy.
Transactions with real estate developer One United Properties (ONE.RO) shares reached RON22.1 million on Friday, December 17, while the share price dropped 2.9% compared with the previous session, according to data aggregated by ZF from the Bucharest Stock Exchange.
The Board of Directors of Romanian state-owned railway company CFR SA has appointed Ion Simu-Alexandru to the position of interim general manager for a four-month term, starting Friday (December 17).
Softbinator Technologies, a Romanian software development company, specialized in the design, development and launch of innovative products, went public on the AeRO market of the Bucharest Stock Exchange, and its shares are traded under the ticker symbol CODE.
Martin Stoebe is the new Country Manager of Beiersdorf Romania, Bulgaria and Moldova, starting December 1, 2021.
ROCA Industry, a building materials holding company, which brings together all the companies in the ROCA Investments portfolio in this field of activity, on Friday announced the early closure of the private placement for its shares and its raising RON50 million from investors.
Chinese group Haier has started production at its first refrigerator factory in the European Union, which is located near the Romanian town of Ploiesti, and the total exceeds EUR70 million.
Ford Romania on Friday revealed the one millionth vehicle manufactured at its Craiova assembly facility, which is a Puma ST-Line in Desert Island Blue, powered by a 155 PS EcoBoost Hybrid engine.
Romania’s 2022 state budget was built on a cash budget deficit target estimated at 5.8% of gross domestic product (GDP) and an ESA (European System of Accounts) deficit estimated at 6.2% of GDP, per a bill on approving the caps of some indicators stated in the fiscal-budgetary framework for 2022, released by the finance ministry on Friday (December 17).
By end-2021, Romania is likely to reach a 15,000-prosumer community, a spectacular leap from 1,700 prosumers in February, in line with official data.
Courier services company Sameday, holding a network of around 2,200 lockers in Romania, has seen the number of deliveries to easyboxes rise by over 200% this year.
Real estate developer Speedwell signed a pre-contract to buy a 9-ha land plot with the aim of building a new project, in Bucharest’s district one.
FAN Courier, leader of Romania’s courier services market, a company founded in 1998 by Felix Patrascanu, Adrian Mihai and Neculai Mihai, expects to end 2021 with RON1.06 billion turnover, up 5% year-on-year.19451 items