Found 20681 news
TeraPlast Group targets exports, mergers and acquisitions in 2022 in order to achieve its 28% turnover growth targets. Against the backdrop of a constructions market with rising raw material prices, TeraPlast continues to carry out investments.
Romanian DRUID, a local startup specialized in developing chatbots, has concluded a partnership with Omnix International, a leading provider of end-to-end digital solutions in the Middle East, part of the strategy to expand on external markets.
The Romanian State refunded RON5.9 billion in value-added taxes to companies in the fourth quarter of 2021, a record amount for this period of the year and 14% higher than in the fourth quarter of 2019, in line with data from Romania's tax administration agency ANAF.
Romania’s insurance market ended 2021 with underwritten gross premiums of RON14.3 billion (nearly EUR2.86 billion), seeing the biggest annual growth of the last decade, of 24%, versus 2020, said Cristian Rosu, vice-president of the country’s financial supervisory authority (ASF) on the insurance segment.
TEILOR, the chain of luxury jewelry stores present across the CEE region, on Tuesday announced the appointment of Giani Kacic as the Chief Financial Officer (CFO) of the company.
Natural gas producer and supplier Romgaz (SNG.RO) on Tuesday said its hydrocarbon production grew by 11% and its electricity production declined by 31.7% year-over-year in 2021, in line with the company’s preliminary report.
Construction material manufacturer TeraPlast Bistrita (TRP.RO) ended 2021 with consolidated net profit (which does not include the impact of 2021 exits) of RON44.6 million, 40% higher than in 2020. Revenue rose by 55% to RON615 million, TeraPlast’s financial report published by the Bucharest Stock Exchange on Monday evening shows.
VoxiKids, a platform dedicated to parents and speech therapists that aims to accelerate the recovery of children with speech sound disorders, has attracted a new bridge-type investment worth EUR100,000 that will be used to support sales growth and also communications and marketing plans, company officials said in a statement.
Sales of dermo-cosmetics in pharmacies in Romania increased by 27% to a total of RON360 million (EUR73.2 million) last year and the market was dominated by facial care products, which accounted for 38% of the total, body care (19.8%) and hair care (19.4%) products, according to a Cegedim report.
Romania's finance ministry on Monday rejected all bids for treasury bonds maturing in 2036, as it deemed the bid price unacceptable, central bank data showed.
Coca-Cola HBC Romania, the leader of the local soft drinks market, has appointed Mihaela Hoffman to the position of Business Director of the company’s Coffee & Premium Spirits Division.
ING Bank was involved in a new green bond issue worth EUR500 million for NEPI Rockcastle, the largest owner of shopping centers in Central and Eastern Europe, also present in Romania, and the funds will be used to refund the portfolio and fund the energy efficiency projects.
Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved a new Board of Directors, with mandates until May 30, 2023, and a monthly remuneration of EUR4000 for each member.
Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved the distribution of a gross dividend of RON0.9021 per share, with the total amount reaching RON35 million, from the undistributed profit of 2020.
Agroland Agribusiness (AAB.RO), part of the Agroland Group and specialized in the sale of inputs for conventional and organic agriculture, targets net sales of RON47.9 million, an EBITDA of RON4.2 million and a net profit of RON3.3 million at the end of 2022.
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, grew to 3.19% a year on Monday (Feb 7) versus 3.11% a year on Friday (Feb 4), central bank data showed Monday.
The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up to EUR100 million under a risk-sharing agreement signed by the two lenders.
The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from its core activity.
The number of real estate deals in Romania stood at 39,510 in January 2022, fewer by 34,919 than in December 2021, data from the national cadaster agency ANCPI showed Monday.
Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, reported a net profit of EUR2 million and a pre-tax profit of EUR5 million, in line with data released by Intesa Group.20681 items