Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday approved changing the company's name to Evergent Investment, a first on the local capital market.
Companies had 73% more job applications for open positions in October compared with October 2019 and 5% more compared with September, data from online recruiting platform BestJobs showed Friday.
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) on Friday reported a net profit of RON8.7 million for the first nine months of 2020, down 51% on the year, while its turnover decreased 5%, to RON74 million.
NN Group and the pension funds it manages have raised their holding in Romanian lender Banca Transilvania (TLV.RO) from 9.96% to 10.04%, the bank announced Friday.
Retailer dm drogerie markt has opened five new stores and closed one this year, so it now has 113 stores. Last year, it opened about ten stores, in street front locations, shopping centers and retail parks.
Romania's seasonally adjusted unemployment rate inched down to 5.2% in September from 5.3% in August, data from the country's statistics board showed Friday.
The insurance market ended the first half with 100.9 million lei profit, 51% more than in the year-ago period, Financial Supervisory authority (ASF) data show.
The overall computer and electronics industry has been one of the winners of this time when people switched to working from home and have been spending less time outdoors.
Romania had a tax-to gross domestic product ratio of 26.8% in 2019, the second lowest level among European Union member states, ahead of Ireland (22.7%) and after Bulgaria (30.3%), Eurostat data showed Thursday.
Shareholders of SIF Oltenia (SIF5.RO) on Thursday rejected a plan for the repurchase of 26.2 million own shares, representing 5% of its share capital, in view of annulment and share capital reduction.
The industrial space sector was the star of the real estate market this year and companies in retail and related services, namely logistics and delivery, were the most active investors, a market report by CBRE showed Thursday.
Horia Cardos, founder of Agroland, which operates a chain of 250 farming product stores, has opened the biggest store yet in Bucharest, following an investment of EUR150,000.
Telecom operator Orange Romania said Thursday it posted a turnover of EUR273.1 million in the third quarter, down 2.1% compared with the same period in 2019.
Romania will not shut down its economy as it did during the two-month state of emergency in spring, finance minister Florin Citu said Thursday in a radio interview.
Polish footwear retailer CCC, the second largest on the Romanian footwear market, opened a new store in the AFI Brasov shopping center, its 76th in Romania.
December could be a make-or-break month for the shopping centers in Romania, badly hurt by the pandemic, considering this is a time when people buy presents and usually generates higher sales for stores, says Andrei Pogonaru, owner of Veranda Mall in Bucharest.
Online sales of groceries and personal and household care products could reach EUR1 billion by 2025 or 4% of the total market, ZF has calculated from the estimates of the Bringo delivery platform of French-held Carrefour group.