Found 19451 news
Coca-Cola has invested over EUR380 million in its Romanian operations over the last 30 years and the projects aimed at reducing energy consumption exceeded EUR11 million in 2020.
Electrica (EL.RO)'s management notified the Bucharest Stock Exchange that the mandate agreement as chief market officer of Catalina Popa had ended on December 11.E
Dacia Mioveni şi Ford Craiova, the two car plants in Romania, manufactured 379,952 vehicles in the first eleven months of 2021, fewer by 6.11% than 404.699 units in the same period of 2020, data from the country's carmakers association ACAROM showed Monday.
Law firm RTPR assisted Grup Serban Holding with the private placement of shares through which it raised RON12.7 million from investors on the stock exchange, as well as with the admission to trading on the AeRO market of the Bucharest Stock Exchange, which is to take place early next year.
Natural gas supplier and distributor Premier Energy, held by Czech investment fund Emma Capital, plans to acquire Brasov-based Ecoenergia, a producer of electric power from wind sources, and Alive Capital, a supplier of electricity and integrated services for the energy market, per data from the country’s Competition Council.
The total trading value on the Regulated Market of the Bucharest Stock Exchange (BVB) grew by 21.6% in the first eleven months to RON17.4 billion (EUR3.5 billion), while the average daily trading value is up by 20.5% to RON75 million (EUR15.2 million), per stock market data.
Intesa Sanpaolo Bank, the local subsidiary of Italian Intesa Sanpaolo Group, has granted over 1,400 financings for 1,056 Romanian companies which benefited from the guarantees provided under the programs IMM Invest and Agro IMM Invest.
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) ended the first nine months of 2021 with a turnover of RON14 million, half the level of RON27 million reported in the same period in 2020, and total loss of RON1.3 million, per its stock market report.
The average net salary in Romania increased by 0.8% in nominal terms in October 2021 compared with September 2021, to 3,544 lei (EUR716), data from the country's statistics board showed Monday.
Romania's annual inflation rate moderated slightly to 7.8% in November 2021 after climbing to 7.9% in October 2021, data from the country's statistics board showed Monday.
The Romanian insurance market ended the first nine months of 2021 with gross written premiums of RON9.8 billion, up 15% compared with the same period in 2020, according to the data presented by Cristian Rosu, vice president of the Financial Supervisory Authority (ASF) for the insurance sector.
The 5 to go café chain has reached almost 300 shops nationwide after 90 new ones opened in 2021, with another 16 due to open soon.
Flights to and from Romania generated EUR122 million revenue for Hungary’s Wizz Air group between April and September this year, according to a corporate financial report.
Bitdefender, one of the first private software companies established in Romania after the fall of communism, as well as one of the largest local software businesses and a key player in the global market for cyber security solutions, has hired investment banks JPMorgan and Morgan Stanley to manage the floatation project in the United States.
Continental Romania, the largest automotive component manufacturer in the country, is investing EUR8 million in a new building in Iasi, which includes the engineering center, test laboratories and an aboveground car park.
ABN Systems International, an integrator and distributor of electronic equipment and telecommunications accessories, will launch the first IPO of a technology company on the Bucharest Stock Exchange on December 15 for the sale of 7.73 million shares, representing a 30% free float.
Romania ranks 31st by purchasing power out of the 42 countries included in the European ranking of GfK, with an average of EUR7,453 per capita, 50% lower than the European average.
Practic SA (PRBU.RO), one of the largest owners of street front retail space in Bucharest, is selling a 27,845 square meter plot in Brasov to Onix Residence Bucuresti and a 1,361 square meter plot in Primaverii area in Bucharest to real estate developer Hagag.
Net investments in the Romanian economy amounted to RON78.7 billion in the first nine months of this year, up by 6.1% against the year-earlier period, data from the national statistics board showed Friday.
Romania’s trade balance posted a deficit of EUR19.2 billion in the first ten months of this year, higher by EUR4.3 billion compared with the first ten months of 2020, data from the country’s statistics board INS showed.19451 items