Found 20085 news
Scandia Food, Romania’s biggest canned food company, controlled by entrepreneur families Gaspar and Crestin, acquired Alba Iulia-based Agra’s from Dan Sarmasan and Ligia Sanda Stincel.
Electrical home appliances production has over the past 3 years attracted investment worth above EUR200 million in three new plants, existent facility expansion and one acquisition, with the field being among the most dynamic in the Romanian economy.
Transactions with real estate developer One United Properties (ONE.RO) shares reached RON22.1 million on Friday, December 17, while the share price dropped 2.9% compared with the previous session, according to data aggregated by ZF from the Bucharest Stock Exchange.
The Board of Directors of Romanian state-owned railway company CFR SA has appointed Ion Simu-Alexandru to the position of interim general manager for a four-month term, starting Friday (December 17).
Softbinator Technologies, a Romanian software development company, specialized in the design, development and launch of innovative products, went public on the AeRO market of the Bucharest Stock Exchange, and its shares are traded under the ticker symbol CODE.
Martin Stoebe is the new Country Manager of Beiersdorf Romania, Bulgaria and Moldova, starting December 1, 2021.
ROCA Industry, a building materials holding company, which brings together all the companies in the ROCA Investments portfolio in this field of activity, on Friday announced the early closure of the private placement for its shares and its raising RON50 million from investors.
Chinese group Haier has started production at its first refrigerator factory in the European Union, which is located near the Romanian town of Ploiesti, and the total exceeds EUR70 million.
Ford Romania on Friday revealed the one millionth vehicle manufactured at its Craiova assembly facility, which is a Puma ST-Line in Desert Island Blue, powered by a 155 PS EcoBoost Hybrid engine.
Romania’s 2022 state budget was built on a cash budget deficit target estimated at 5.8% of gross domestic product (GDP) and an ESA (European System of Accounts) deficit estimated at 6.2% of GDP, per a bill on approving the caps of some indicators stated in the fiscal-budgetary framework for 2022, released by the finance ministry on Friday (December 17).
By end-2021, Romania is likely to reach a 15,000-prosumer community, a spectacular leap from 1,700 prosumers in February, in line with official data.
Courier services company Sameday, holding a network of around 2,200 lockers in Romania, has seen the number of deliveries to easyboxes rise by over 200% this year.
Real estate developer Speedwell signed a pre-contract to buy a 9-ha land plot with the aim of building a new project, in Bucharest’s district one.
FAN Courier, leader of Romania’s courier services market, a company founded in 1998 by Felix Patrascanu, Adrian Mihai and Neculai Mihai, expects to end 2021 with RON1.06 billion turnover, up 5% year-on-year.
A just one-page document published on December 16th on the Bucharest Stock Exchange, laying out the development plans for the green unit and chemical unit of chemical producer Chimcomplex Borzesti (CHOB), is penciling what could be recent years’ biggest deal in the petrochemical industry, one Ziarul Financiar daily puts at RON1-1.2 billion.
Doina Cepalis, CEO and founder of Te-Rox, a EUR30 million business centered on production of children’s safety seats, is in talks to take over another two companies. The decision comes as the Pascani-based group in 2020 entered Sweden’s Holmbergs portfolio.
German-held discount retailer Lidl has opened 30 new stores since the beginning of the year and moved nine others and plans to continue expanding at a similar pace in 2022, which would bring the network close to 350 stores.
Polish fashion group LPP, which has five brands on the Romanian market, has reached 100 stores and 96,000 square meters of leased retail space in the country after a fast-paced expansion during the pandemic.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) has summoned its shareholders on December 16 to approve the contracting of a long-term investment loan worth RON98.4 million, of which VAT of RON15.7 million, in line with a stock market report released on Thursday.
Visual Fan (ALW.RO), a company listed on the Bucharest Stock Exchange and owner of the Allview brand, launched its first full electric car model - Skywell ET5, on Thursday, making its debut on the Romanian car market.20085 items