Unicarm, the largest entrepreneurial company in Satu Mare and one of the largest actors on the meat market in Romania, has invested EUR12 milion to EUR13 million in development this year, despite the challenges of the COVID-19 pandemic.
Lawyers of RTPR law firm assisted insurer Aegon in the sale of its Romanian operations to Austria’s Vienna Insurance Group (VIG), as part of a regional transaction worth a total EUR830 million.
Swedish safety group Holmbergs, which supplies safety systems for child safety seats, will be relocating a part of its production in Hungary and Lithuania To Romania, after having recently acquired Romanian company Te-Rox Prod.
Romania's foreign exchange reserves dropped to EUR33.393 billion at the end of November from EUR33.795 billion at the end of October, central bank data showed Wednesday.
Romania's finance ministry raised RON7.86 billion selling bonds on the domestic market in November, 55.4% above plan, plus EUR2.5 billion from international markets.
Pharmaceutical producer AstraZeneca has extended its lease for the 1,280 square meters of office space it occupies in CA Immo's Bucharest Business Park for five more years.
New car registrations in Romania decreased 25.31% on the year in January-November, to 110,377 units, data from the association of automotive manufacturers in Romania (ACAROM) showed Wednesday.
The coronavirus crisis is starting to show effects on the residential rental market and the number of properties for rent has increased, according to a research by real estate consultancy company Colliers International.
Romania's seasonally adjusted unemployment rate inched up to 5.3% in October from 5.1% in September, data from the country's statistics board showed Wednesday.
Sporting goods retailer Hervis has opened only two stores out of the planned 10 this year, amid the pandemic, Hervis Romania CEO Catalin Pozdarie says, but remains optimistic about 2021.
The Romanian stock market ended its best month in almost two years, thanks to the 9.12% rise in its main index BET in November, as the rises of indices abroad largely because of information about development of COVID-19 vaccines also made an impact in Bucharest.
AAylex Prod, part of the AAylex group, one of the largest actors in the poultry industry in Romania, posted 575.8 million lei (EUR121.5 million) revenue in 2019, an increase of 7% on the previous year, ZF has calculated from Finance Ministry data.
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom.
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom.
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, will increase its share of more than one fifth of the local market, following takeover of Aegon operations in Romania and three other countries.
Romania exported 37 million pairs of footwear last year, worth a total $930 million, the World Footwear report shows, which looks at the footwear industry of each country.
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only account for 8% of the medicine purchases of Romanian consumers, market research company Iqvia data shows cited by Dragos Damian, CEO of pharmaceutical producer Terapia Cluj.
Individual investors bought RON2.7 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday.