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MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, has celebrated on Friday (January 21) the first year since its listing on the AeRO market of the Bucharest Stock Exchange (BVB).
Law firm Wolf Theiss said it acted as legal advisor for Enercon GmbH Group, Germany’s largest wind turbine manufacturer, on the sale of an operational wind farm with a 34.5 MW capacity, located in the Stejaru commune (Tulcea County), to Premier Energy.
Romania’s Competition Council has approved a transaction whereby Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), acquired in October 2021 the majority stake in automotive parts wholesaler Augsburg International (AL).
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on the year, financial regulator (ASF) data showed Friday.
Oves Enterprise, a Cluj-Napoca-based company specialized in software development, with turnover of around RON14 million at end-2021, announced it is set to open an office in Germany, in Munich, and expand its team by around 60 people this year.
Radu Piturlea, deputy chairman of Romanian builder Concelex, says the company wants to end the next two years with rising results and it already has contracts worth over EUR420 million sealed for the 2021-2025 period.
Michelin Romania, part of French group Michelin, one of the world’s biggest tire manufacturers, has come to have more than 4,500 employees locally.
Dedeman, leader of Romania’s do-it-yourself (DIY) market and the biggest Romanian entrepreneurial company by turnover, got beyond the 12,000-employee mark, in line with company data.
Portugal’s EDP Renewables (EDPR), the third strongest investor in Romania’s green energy, took over Beta Wind project company, the developer of a 151-MW wind project, according to market sources, with the deal marking the company’s return on the market.
Bicycle maker Eurosport DHS, controlled by Chinese and German investors, currently has 50 jobs available at the Deva plant.
Bucharest’s five-star hotel JW Marriott, managed by Societatea Companiilor Hoteliere Grand, ended 2021 with turnover at 45% of 2019 level.
Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state aid.
Cigarette wholesaler Punctual Comimpex based in Cluj-Napoca and owned by entrepreneur Vasile Muresan, ended 2021 with total revenue of RON850.8 million (EUR173 million), up 17.4% year-on-year, the data supplied by the company show.
Telecommunications operator Digi Communications (DIGI.RO) on Thursday night notified Bucharest Stock Exchange investors it had repaid EUR272 million of the group’s financial debt.
Rombat Bistrita sold 2.65 million automotive batteries on the markets where it operates in 2021, up 15% from the previous year, the company said.
Regional investment fund SIF Muntenia (SIF4.RO) said in a stock market report on Thursday that it was notified by regional investment fund SIF Banat-Crisana (SIF1.RO) of the latter’s overshooting the 10% ownership threshold of SIF4 shares following deals geld on January 18, 2021.
The roofing and insulating panels manufacturer Impro, a subsidiary of the Polish group of the same name, has planned investments in its factories in Romania, in Timisoara and Cluj-Napoca this year.
Romania's finance ministry on Thursday raised RON1.15 billion selling bonds maturing in 2026 and 2030, at annual average yields of 4.99% and 5.35%, respectively.
SmartWrap, a producer and distributor of smart flexible packaging, ended 2021 with a turnover of over EUR7.5 million, up 18% from 2020.
Shareholders of Evergent Investments (EVER.RO) on Thursday approved the reduction of the share capital to RON96.2 million from RON98.1 million in accordance with and motivated by the general meeting of shareholders of April 29, 2021, in line with a stock market report.20681 items