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Santa Pharm, a company controlled by brothers Atilla Santa and Nandor Santa, which in late 2017 took over Brasov-based Europharm drug factory, two years after GB’s GSK closed down the unit, ended 2020 with RON34 million turnover, around 30% higher than in 2019.
Construction material manufacturer TeraPlast Bistrita’s (TRP.RO) board of directors has called shareholders for a meeting on December 3, 2021 to approve increasing the maximum price of the shares to be repurchased from RON1 to RON2 for no more than 7.5 million shares, its report to the Bucharest Stock Exchange on Friday shows.
Almost three quarters (72.2%) of employees in Romania said they were currently working from the office at least three days per week, although the impact of the COVID-19 pandemic is now ampler than in 2020.
UniCredit Bank has received from the finance ministry a supplementation of RON464 million, up to RON1.78 billion, of the existing guarantee ceiling for loans granted to small- and medium-sized enterprises (SMEs) with mid-capitalization, through the government's IMM Invest program for SMEs, the 2021 edition.
Lender Banca Transilvania said in a stock market report on Friday (Oct 29) that it finalized the acquisition of the entire ownership stake held by Poland’s Getin Holding Group in Idea::Bank, Idea::Leasing and Idea::Broker de Asigurare.
Farming company Bravcod has contracted a loan of RON5 million from lender CEC Bank to develop its business.
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, continued its upward trend on Friday (Oct 29) and grew to 2.36% a year, per central bank data.
Belgian investor Mitiska Reim, specialized in European shopping centers, has announced the opening of a new project in Baia Mare (northwestern Romania) and the expansion of the Medias retail park, in partnership with builder Square 7 Properties.
Salad Box founders are bringing a new restaurant brand in Romania after signing an agreement with US fried chicken chain Popeyes, which is set to open 90 restaurants domestically over the next 10 years.
OMV Petrom, the largest energy company in South-Eastern Europe, reached a turnover worth RON17 billion at the end of the first three quarters of 2021, up 13% from the year-earlier period, and its net profit doubled on the year to RON1.67 billion.
In 2020, the overall turnover generated by companies operating in the field of private pre-university education dropped by almost 14% year-on-year.
Telecom operator Digi Communications (DIGI.RO) on Thursday notified the Bucharest Stock Exchange that Portugal’s telecommunications watchdog ANACOM had completed the auction for the allocation of frequency user rights in the 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz bands that started on December 22, 2020.
One United Properties (ONE.RO), one of the most active real estate developers of residential, office and mixed-use projects in Bucharest, on Thursday notified the Bucharest Stock Exchange that Phase 1 of One Cotroceni Park, currently under development, had reached the 75% lease threshold for both office and commercial spaces.
Flaros Suceava (FLAO.RO), a company specialized in leasing spaces, said in a stock market report that it sold shares in OMV Petrom (SNP.RO) and Evergent Investments (EVER.RO) worth RON5.03 million, per calculations by Ziarul Financiar (ZF).
Philip Morris International (PMI) continues investments to convert its cigarette factory in Otopeni, near capital Bucharest, to produce consumables for its heat-not-burn product IQOS, a tobacco heating system developed by the company.
Loans granted by non-banking financial institutions (NBFIs) in Romania touched a record high of over RON37.5 billion in mid- 2021 after a 6.7% increase in the first six months of the year compared with the same period in 2020, per an analysis by KeysFin.
Romanian electrical components manufacturer Romradiatoare Brasov (RRD.RO) on Thursday said it switched to a net profit of RON1.4 million in the first nine months of 2021 from RON567,000 loss in the year-earlier period, per a stock market report.
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, continued its upward trend on Thursday (Oct 28) and rose to 2.35% a year, per central bank data.
Dental clinic chain Dr. Leahu is set to open Centrul Regional de Excelenta in Cluj, in the wake of a 3-year process and total investments of above EUR2 million.
MedLife Group (M.RO), the leader of the private medical services market in Romania, on Thursday said it acquired 50% of the shares of Neolife Romania oncology centers, one of the biggest players on the oncology segment in Romania, part of Turkey’s Bozlu Group.20085 items