Found 20681 news
Romanian aluminum processor Alumil Rom Industry (ALU.RO) ended 2021 with a net profit of RON6 million, up 63.4% from 2020, and a turnover of RON90.8 million, up 24.5% on the year.
Romanian startup Vestinda, which developed a marketplace dedicated to crypto investments, on Wednesday announced the launch of a new version - Public Beta, company representatives said in a statement.
The proportion of businesses in Romania using cloud technology must significantly increase by 62 percent points in order to meet the Digital Decade goals set out by the European Commission, in line with a new report produced by Deloitte and commissioned by Vodafone.
Banca Comerciala Romana (BCR), the second largest lender on the local market by assets, reported for 2021, on an individual level, a net profit of almost RON1.38 billion, of which the bulk, namely, 70%, is expected to be distributed to its shareholders as dividends.
Tehnomir Energy, a provider of complete turnkey photovoltaic systems solutions, based in Oradea, changes its name to ENSYS, and announces plans to reach projects worth over EUR20 million and to become one of the largest national companies in the field.
Stay Fit Gym, the second largest chain of gyms in Romania by the number of fitness centers opened, on Wednesday announces the opening of a new unit in capital Bucharest, in Colosseum Mall, following an investment of almost RON3 million.
Romanian natural gas producer and supplier Romgaz (SNG.RO) said on Wednesday that it signed a bank loan agreement with Raiffeisen Bank in the amount of EUR325 million which covers a part of the price for the acquisition of the stake held by US’ Exxon in the Neptun Deep gas exploration and drilling project in the Black Sea.
UK’s Kingfisher, which owns the Brico Depot DIY stores in Romania, saw its local sales increase by 15% in 2021 versus 2020, to GBP279 million (almost EUR335 million), in line with Kingfisher’s annual report.
Interior design company Chairry Design & Furniture had a turnover of EUR1.1 million in 2021 amid an effervescent market on the furniture and interior design segment in Romania, especially in the hospitality sector which saw a fast recovery in the post-pandemic context.
Sadalbari SRL, the majority shareholder of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), said in a stock market report that it acquired MCAB shares worth almost RON2.7 million, within four trading sessions held on March 24, 25, 28 and 29, 2022.
Bucharest Stock Exchange system processed RON351.1 million funding for BCR bonds (BCR27.RO) on March 29, 2022, which means the second largest bank in Romania sold bonds to investors, among which Pillar II pension funds and is preparing to the bond issue listed soon.
Romania’s Competition Council is looking into a transaction whereby Dan Ostahie is acquiring Porsche Bank Romania S.A.
Romanian fintech FLOWX.AI on Tuesday announced it entered a technological partnership with robotic process automation startup UiPath which will enable the development of customer and employee experiences at unprecedented speed.
Law firm Filip & Company has assisted Tiriac Imobiliare in the sale of a plot of land of 14.5 hectares in the locality of Dumbravita (Timis County) to do-it-yourself (DIY) retailer Dedeman.
Arctic Stream (AST.RO), a Romanian-held company, an integrator of IT infrastructure and security in Romania, is summoning its shareholders on April 27 to approve the distribution of a gross dividend of RON0.8 per share, respectively the payout of dividends worth a total RON3.35 million from its 2021 net profit of RON4.37 million.
Mihaela-Simona Nadasan, Deputy CEO at lender Banca Transilvania (TLV.RO), on Monday (March 28) sold 175,000 shares of the bank, at an average price of RON2.47 per share, with the total value of deals carrying out on the Bucharest Stock Exchange reached RON433,650, as per calculations by Ziarul Financiar (ZF) daily based on a stock market report.
The Bucharest Stock Exchange published on Tuesday (March 29) the volume “Made in Romania: 15 companies for the growth of the Romanian economy and their success stories” and kicks off the fifth edition of Made in Romania.
Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, has finalized a EUR125 million green loan agreement with a group of banks through its joint venture with MAS plc, a Johannesburg Stock Exchange-listed real estate investor.
Seven out of ten companies active in Romania have resorted in the last year to stress and anxiety management programs, according to K.M.Trust & Partners data.
The current generation of entrepreneurs is less willing to hand over control of their companies to their heirs than they were before the pandemic. That is making it harder for the next generation (NextGen) to prove themselves as new leaders, according to PwC’s global NextGen Survey 2022.20681 items