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Romanians have become more interested in the protection offered by insurance in the wake of the COVID-19 pandemic and four in ten Romanians said they were more interested in health insurance than before the pandemic, a poll for the insurers' association UNSAR found.
Romania's parliament has ratified an $8 billion agreement between the governments of Romania and the United States for the refurbishment of one nuclear reactor and the building of two new reactors at the Cernavoda nuclear facility in southeast Romania.
German-owned Hornbach Romania, one of the leading retailers of building and gardening materials on the Romanian market, will be opening its new store, in the city of Cluj-Napoca, on July 15, 2021, which is its eighth store in Romania.
Bonas Import Export, a Cluj-based company that owns the Bonas dairy brand, started trading on the alternative trading system AeRO of the Bucharest Stock Exchange, under the ticker symbol BONA, on Thursday (June 24).
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.50% a year on Thursday (June 24), after stagnating at 1.49% in the last 12 sessions.
Romanian footwear manufacture and retailer ProAlex said Thursday it was temporarily shutting down production and closing its store in Bucharest at the end of June due to lack of staff.
Dairy company Artesana, owned by Alina and Daniel Donici, has opened the first glass waste collection center in the yard of the Comic Opera for Children in Bucharest, in partnership with Reciclad’OR.
TeraPlast Group, Romania's largest local construction materials producer, owned by businessman Dorel Goia, has signed an agreement with lender BCR for a green financing package of EUR12.7 million.
Allianz-Ţiriac on Thursday said its underwritten gross premiums totaled RON396.7 million in the first quarter of 2021, slightly higher than nearly RON393 million reported in the year-earlier period, due to an over 20% increase in life insurance sales and over 17% increase in property insurance.
Blugento, a company based in Cluj-Napoca and specialized in providing e-commerce solutions based on the Magento platform, targets a 50% surge in turnover, to EUR1.5 million, at the end of 2021, due to companies accelerating the digital transformation process, against the backdrop of a booming eCommerce industry over the last year.
The majority shareholders of Romanian apparel manufacturer Braiconf Braila (BRCR.RO) have bought, via two companies they own, two plots of land that cover over 63,000 square meters and host the former Comat and Remat platforms in Braila. The total value of the two transactions exceeds RON2.5 million, the company said Thursday.
EWE Frumusita, the project company of a 66 MW wind farm in Galati has received the connection contract from Distributie Energie Electrica Romania (DEER), part of the Electrica group, the operator of the grid in the area where the investment is to be made.
Ford Europe wants to bring a services center to Bucharest and is looking to rent 5,000 square meters of office space at first and add more as needed, real estate market data show.
Romania made RON18.3 billion worth of clothing, fibers and footwear last year, RON3.7 billion less than in 2019, as the pandemic took a toll on the figures, ZF has found from Trade Register data.
Around 1% of the share capital of investment fund Evergent Investments (EVER.RO) changed hands in a Ron13.7 million deal on the Bucharest Stock Exchange Wednesday.
IT solutions and services company SII Romania had a turnover of RON57 million in 2020, up 16% on the year, and expects growth of around 20% in 2021.
Ride-sharing company Uber B. V. SRL, owned by US giant, ended 2020 with a turnover of nearly RON14 million, up 9.4% on the year, according to data from Confidas.ro.
Norwegian group Visma has acquired a majority stake in Romanian startup Keez, a fast-growing provider of accounting and invoicing for small businesses in Romania.
Romanian brick manufacturer Cemacon Cluj Napoca (CEON.RO) said Wednesday it was investing in a new, eco-friendly ceramic coating production line in a project project co-financed under the EEA Financial Mechanism 2014-2021 under a contract concluded with Innovation Norway as program operator.
Sapte Spice, one of the largest manufacturers on the Romanian milling market, is investing EUR2.5 million in 2021 in developing new products and in automation, according to company representatives.18957 items