Found 20085 news
The Bucharest Stock Exchange on Tuesday said the shares of Holdingrock1 (“Roca Industry”) will start trading on the AeRO market, the equity segment of the Multilateral Trading System, under the ticker ROC1, on Thursday (January 27).
Lawyers of law firm RTPR have provided legal assistance to integrated mobility services provider Autonom Services S.A. in connection with the acquisition of Premium Leasing, the operating leasing business of Tiriac Group.
Serban Patriciu, a business lawyer with over 20 years of experience, has joined the Noerr team in Bucharest as Head of the Real Estate Department.
Carrefour Romania on Tuesday said Gabriela Stanica took the helm of its E-commerce Department, being appointed to the position of Chief Information, Data Officer and E-commerce Director, after the promotion of Catalin Samara as International Director of Bringo.
Reynaers Aluminium Romania, the local division of Belgian Reynaers Aluminium, developer of aluminum products for the building sector, envisages an increase of at least 10% in turnover in 2022, sustained by the projects planned and by regional expansion by opening three new showrooms in 2021.
Infrastructure projects worth over EUR1.5 billion are expected to be delivered in Romania’s regional cities in 2022, while in capital city Bucharest, construction works on a new bypass road will continue as part of an investment worth EUR1 billion, in line with an analysis by Bucharest Real Estate Club, in partnership with Concelex.
Egis Pharmaceuticals, the Romanian subsidiary of one of Hungary’s leading pharmaceuticals companies, has relocated its head office to One Tower office building, which is part of multifunctional development One Floreasca City.
Integrated mobility services provider Autonom Services, controlled by brothers Marius and Dan Stefan, and Tiriac Group signed an agreement for the acquisition of Tiriac Operating Lease (Premium Leasing SRL), a business with annual revenues above RON80 million and assets worth more than RON200 million.
Germany’s retailer Kaufland, the second largest player in Romania’s food retail by 2020 turnover, reached 148 stores in Romania in 2021 after opening ten stores.
Radu Savopol, cofounder of 5 to go coffee shop chain, says 2022 expansion plans envisage the opening of another 200 units, double the number of units opened last year.
Dumagas, one of the biggest freight carriers in Romania, controlled by investment fund Bancroft, ended 2021 with EUR32 million turnover and for 2022 expects to see turnover rise by 20%, according to Mircea Vlah, general manager of the company.
Paint and coatings manufacturer Kober, owned by the family of the same name of Neamt, has budgeted investments to boost production in 2022.
Radu Timis, one of the most powerful entrepreneurs in Romania’s food industry, who, together with his wife, founded cold cuts producer Cris-Tim around 3 decades ago, is in talks with China-held Smithfield, Romania’s biggest pork producer, on a possible partnership, according to ZF sources.
ROCA Industry, the holding company that brings together manufacturers of building materials from the ROCA Investments investment platform portfolio, such as Bico and Sarcom, will start trading on the AeRO market of the Bucharest Stock Exchange, with the ROC1 shares to be listed at the end of this month, ZF has found.
PepsiCo, one of the leaders of the food and beverages industry and the second largest player on the Romanian soft drinks market, on Monday announced the appointment of Annie Griffith-Swain to the position of HR Director PepsiCo East Balkans.
Private healthcare services provider Gral Medical, one of the biggest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, ended 2021 with EUR43 million turnover and for 2022 expects to reach the EUR50 million threshold, according to the company’s officials.
Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owners, in line with statista.com data.
Wellness and relaxation complex Therme Bucharest plans to invest another EUR50 million in the next five years in expansion and new facilities.
DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, got the greenlight from the Competition Council to acquire cattle farm DN Agrar Apold from Dutch investment fund Garbova CV.20085 items