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Italian household appliances maker De’Longhi, which owns two plants locally in Cluj and Bihor, where it produces espresso machines and blenders, in the first 10 months of this year generated turnover worth almost RON1.6 billion (EUR320 million), similar with the entire 2020 level.
Cigarette maker British American Tobacco will continue its recruitment drive in 2022, for marketing positions in its commercial unit, but also in the plant the company owns in Ploiesti, according to Vera Cubranic Bocak, HR manager for Central and Southern Europe at BAT.
Vintruvian Estates group projects consolidated turnover worth around RON36 million in 2021, significantly higher than in 2020, according to Marius Iliev, the group’s manager.
Coffee shop chain Tucano Coffee plans to open between 6 and 10 units domestically in 2022.
Cotnari, the third biggest player on Romania’s wine market, controlled by several local entrepreneurs, with RON142 million (around EUR30 million) turnover in 2020, has finalized the construction of a fourth winery, an investment from scratch of EUR4 million.
Germany’s Corratec group will start manufacturing bicycles in Timisoara in 2022, where it wants to employ 300 people within two years. The group will assemble 300,000 vehicles a year here.
Constanta-based wet wipe manufacturer Europack Media ended last year with RON70 million revenue, up from RON38.3 million in 2019, publicly available data show.
Private companies around the world expect the wide-ranging impacts from the pandemic will continue to be felt for the next several years, according to the latest Deloitte Private Survey, conducted among 2,750 privately held companies in 33 countries around the world.
Unirea Shopping Center (SCDM.RO), a company that runs two shopping centers in Bucharest and Brasov, announced on the Bucharest Stock Exchange on Wednesday that the Financial Supervisory Authority (ASF) had approved the document of the tender offer for 100,000 SCDM shares or 3.6372% of the company's share capital.
The Bucharest Stock Exchange on Wednesday said the pre-emptive rights issued for the share capital increase carried out by Agroland Business System (AG.RO) would start trading on Thursday (November 25) under the symbol AGR01.
Alba-based building materials manufacturer Florea Grup started the construction of Petra Pavaje, a fourth precast concrete factory to be located in Roman (Neamt County).
Allianz-Tiriac, an insurance company part of Germany’s Allianz group, has received approval from both the Competition Council and the Financial Supervisory Authority (ASF) for the acquisition of a majority stake in Gothaer Asigurari, its representatives said.
Real estate developer Iulius Group, held by businessman Iulian Dascalu, is extending its partnership with French retailer Auchan through two new supermarkets to be opened in the second quarter of 2022, within the Family Market projects located in the Bucium district and the Miroslava commune, in Iasi County.
Private medical services network Regina Maria has acquired Columna Medical Center, the largest clinic of assisted human reproduction and in vitro fertilization with a turnover of EUR4.5 million in 2020.
Romanian business software solutions provider Softelligence plans to expand its teams over the next six months in the cities of Bucharest and Craiova with 100 software experts specialized in .NET, Java and modern data management technologies, as well as software architects, data scientists, team leaders and project managers, company officials said in a statement.
Volt application targets over 150,000 users in 2022, 170% more than in 2021, after reaching over 40,000 unique accounts in the first ten months of 2021.
Swiss giant Nestlé has decided to appoint Silvia Sticlea to the position of Country Manager for Nestlé Romania, one of the largest players on the sweets, coffee and pet food market, starting January 2022.
Macromex, a food distribution business held by Romanian Dan Minulescu, expects a 15% higher turnover, of RON685 million, in 2021, and is launching a platform for its partners in the hospitality industry.
Agroserv Mariuta (MILK.RO), which owns the Laptaria cu Caimac brand, on Wednesday reported a turnover of RON52.7 million for the first nine months of 2021, up 46% on the year, and a net profit of RON3.4 million from a loss of RON2 million in the same period of 2020.
Private lending grew by 13.5% in nominal terms to RON316 billion in January-October 2021, compared to the same period in 2020, as local currency lending grew by 18% and foreign currency lending by 3.5% when expressed in lei, central bank data showed Wednesday.19451 items