Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, on Monday reported consolidated revenues of EUR128 million in Romania for 2020, up 7.5% compared with 2019.
Romania's finance ministry on Monday raised 1.2 billion lei (EUR246 million), double compared with its target, selling June 2026 bonds at an average yield of 2.3%, central bank data showed.
Alfredo Seafood owners, the local Darmanescu family, have entered the controlled temperature logistics market with Frigonet Logistics in 2020, with an initial investment of EUR0.5 million.
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said Monday just 0.2% of new shares issued for a share capital increase were subscribed in the preemption period.
Mobile game developer Firebyte Games on Monday closed a private placement of shares in a share capital hike, raising RON4.93 million, BRK Financial Group said in a market report.
Shareholders of aluminum producer Alro Slatina (ALR.RO) onm Monday reconfirmed Genoveva Nastase in the position of company financial manager for a new four-year mandate, the company said in a market report.
Business leaders worldwide expect a return to pre-pandemic levels of profitability in 2021 (23%) or 2022 (44%), marking improved sentiment compared with estimates in March 2020, an EY survey across 52 countries showed Monday.
FAN Courier, the leading courier services company in Romania, said Monday its turnover grew 27% in 2020, topping the RON1 billion mark, as the ongoing pandemic boosted demand for delivery services.
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON78.2 billion at the end of January, RON3 billion higher compared with the end of 2020, financial regulator data showed.
Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after clearing the last competition hurdle.
Romania's current account balance posted a deficit of EUR10.98 billion in 2020, compared with a deficit of EUR10.48 billion in 2019, central bank data showed Monday.
Startup Milluu, which developed a home renting app, seeks to raise EUR785,000 in a new financing round to fund growth on the local market and expand its property management services to Poland.
Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) on Monday reported a net profit of RON6.15 million for 2020, nearly ten times higher compared with 2019.
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, seeks to raise RON5 million from investors and/or by contracting credit facilities to fund development in Romania, Bulgaria and access new markets.
Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, has budgeted EUR257 million revenue for 2021, an increase of more than 13% on the EUR227 million of 2020.
Nine office space projects, with at least 9,000 square meters each, will be delivered in 2021, real estate consultants say. The largest building to be delivered this year will be the first phase of the One Cotroceni Park and inauguration will take place one year from the inauguration of the new subway to Drumul Taberei.
Online commerce, which has been on the rise in the last few years, surged last year as the pandemic made people order and buy more products over the Internet. The parcel delivery industry, one of the winners of this crisis had to cope with high volumes last year, which led to significant rise in revenue.
Romania's financial supervisory authority has registered the securities related to the share capital increase of MedLife (M.RO), the leader of the private medical services market in Romania, the company said Friday.