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Nestle Romania, a major player on the confectionary, coffee and pet food market, wants to create 170 new jobs in the next 5-10 years on the local market.
Techtex, a company specializing in technical textile production, part of Taparo group, in 2021 completed a EUR5 million investment in its third production unit, a new plant near Baia Mare, according to the company’s officials.
Romanian regional investment fund SIF Transilvania has signed with lender Banca Comerciala Romana a revolving credit agreement for the amount of RON90 million, for a 12- month period, intended for the company’s investment activity.
Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to real estate developer Speedwell in acquiring a nine-hectare land plot in capital Bucharest, on the Griro platform, one of the biggest land plots available in the capital city.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, remains below the 3% threshold, ending the December 20-24 week at 2.98% on Friday (Dec 24).
Alro Slatina (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, said in a stock market report on Friday that it completed the process of integrating the sales activity in the structure of Alro Group by finalizing the acquisition of the company Vimetco Trading SRL from its majority shareholder Vimetco PLC and its subsidiary Vimetco Management Romania.
Florin Serac, general manager of Turism Felix, which manages a holiday compound in Baile Felix resort, says the company will end 2021 with turnover worth around RON80 million, up 50% from 2020.
During the 2009-2020 period, companies operating in Romania’s private healthcare field saw their turnover grow fivefold, from RON2.3 billion in 2009, to RON11 billion last year.
Porcelain products manufacturer and Ikea supplier Apulum Alba Iulia, currently has 54 jobs available.
Shikun & Binui Energy, the energy investment arm of Shikun & Binui, the biggest Israeli real estate developer, will earmark as much as EUR50 million for one of the first large new photovoltaic projects in Romania.
Marian Andreev, one of the most discreet local entrepreneurs, is considering selling vegetable oil producer Prutul Galati after almost once decade since the last such talks, when he almost sealed a deal with Glencore, according to market sources.
Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to market sources.
The management team of law firm Tuca Zbarcea & Asociatii will be expanding with six Partners starting January 1, 2021, following recent decisions on internal promotions.
With 99,698 new vehicles sold until December 20, 2021, Dacia is at the top of sales to individuals in France in 2021, according to figures provided by Autoways, a company specializing in the car market, which said these figures would not change significantly until December 31.
Romania’s Finance Ministry reopened a bond issue due in 2024 and raised RON285 million from banks on Thursday, above the scheduled level of RON200 million, at an annual yield of 4.54%.
Simtel Team (SMTL.RO), a Romanian engineering and technology company, said in a stock market report on Thursday that it signed a contract with Fan Courier Express SRL whose value exceeds 10% of the total income as per the latest annual financial statements.
France’s investment company Meridian has acquired half of the NetCity network, entering a strategic partnership with E-Infra Group made up of Electrogrup, Nova Power & Gas, Direct One and Netcity Telecom.
Hungary’s construction group Kesz has bought a plot of land of nearly 16,000 square meters in the Petrom City area, near the Casa Presei Libere (The Free Press House) in capital Bucharest, where it plans to build a residential complex.
Real estate developer GTC (Global Trade Center) has obtained the LEED Gold certification for the Cascade Office Building, a project located in the vicinity of Bucharest’s Victory Square.
One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International for the provision of capital markets-related services by the latter.20085 items