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Around 280,000 square meters of offices are under construction in capital Bucharest, an area fit for around 18,000 corporate employees taking into account a 15-square meter average per employee, compared with ten square meters before the Covid-19 pandemic.
Integrated mobility services provider Autonom Services, controlled by brothers Marius and Dan Stefan, is readying a bond issue worth as much as EUR50 million, with a five-year maturity, according to several ZF sources.
Suceava-based Dorna Medical, one of the five most dynamic companies in the healthcare sector, wants to grow by over 10% in 2021, which would take the company’s turnover to more than RON45 million this year, in line with ZF calculations.
Radisson Blu Brasov hotel, developed by RaRa Hotels, part of RaRa Group controlled by Ramona Neamtu and Razvan Neamtu, is set to open in the first quarter of 2021, according to the hotel’s representatives.
Germany’s Allianz group, present in Romania through insurer Allianz-Tiriac, ended the first nine months of 2021 with EUR7.26 billion revenues, 38.9% higher than in the same period of 2020, and operating profit of EUR9.9 billion, up 27.2%.
2021 will bring a turnover decline for Interstar Chim against the first pandemic year, as disinfectant demand declined, but the figure will go beyond the level of 2019, the last year before the pandemic.
Italy’s Enel, one of the biggest players on the domestic energy supply and distribution market with 3 million clients, in the first nine months of 2021 reached revenues of almost EUR1.1 billion, up 6% from the year-earlier period.
The revenue of pharmaceutical company Antibiotice Iasi stood at RON245 million in January-September, an increase of 21% on the year-ago period, its report to the Bucharest Stock Exchange shows.
Chimcomplex (CHOB.RO) shareholders on November 9 approved the allocation of RON60 million in gross amount as interim dividends, the company notified the Bucharest Stock Exchange. The amount will be adjusted once the yearly financial statement has been approved.
Romcab Targu-Mures (MCAB.RO) on Wednesday notified the Bucharest Stock Exchange that Romania’s Financial Supervisory Authority (ASF) had approved the mandatory tender offer by Sadalbari SRL, which owns 69% in the fiber optical cable manufacturer.
Law firm Stratulat Albulescu is extending its Real Estate Practice with the appointment of Managing Associate Manuela Iurascu and Associate Irina Caragea.
The Bucharest Stock Exchange on Wednesday said the pre-emptive rights issued for the share capital increase carried out by Safetech Innovations (SAFE.RO) will start trading on Friday (November 12) under the ticker symbol SAFERO1.
New office project deliveries in capital Bucharest totaled 132,200 square meters between July and September 2021, the highest quarterly value ever recorded on the local market. In Jan-Sept 2021, the volume of new office spaces finalized stood at 178,200 sqm, per data from real estate consulting firm Cushman & Wakefield Echinox.
Romanians are inclined to tend to buy more online amid the restrictions and social behavior changes triggered by the COVID-19 pandemic, according to the Google “Smart Shopper” survey conducted in summer 2021.
Romania’s Competition Council has approved the transaction whereby life and health insurer Signal Iduna Asigurare Reasigurare SA is acquiring insurance companies Ergo Asigurari SA and Ergo Asigurari de Viata SA.
GreenWEEE International, market leader in the industry of electrical and electronic waste recycling, on Wednesday (Nov 10) announced plans for the third recycling plant.
The unemployment rate in capital Bucharest stood at 1.17% at end-September 2021, lower by 0.85 percentage points compared with 1.18% in August 2021, data from Bucharest’s employment agency showed Wednesday.
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 2.55% a year on Wednesday (November 10) from 2.48% a year on Tuesday (Nov 9), per central bank data.
Romania's annual inflation rate kept its upward trend in October 2021, climbing to 7.9%, higher than 6.3% in September 2021, data from the country's statistics board showed Wednesday.20085 items