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ING Bank Romania has granted loans worth over RON1.2 billion to entrepreneurs through the government's IMM Invest program for small and medium-sized enterprises (SMEs), since April 2021, higher by 20% compared with the level for the full-year 2020.
Revo Technologies, a Russian fintech company operating under the Mokka brand and specialized in Buy Now Pay Later-type services, has concluded a partnership with the GoMag e-commerce platform, which supports the online activity of over 2,250 stores.
Real estate developer Campeador, with operations in western Romania, has contracted a loan worth EUR4.5 million from state-own lender CEC Bank.
Franchised store chain LaDoiPasi (Two Steps Away), developed by Germany’s METRO Cash&Carry, is extending today (October 12) by 22 new units, on the occasion of the Own Business Day organized annually by Metro Group.
The average net salary in Romania fell by 1.6% in nominal terms in August 2021 compared with July 2021, to 3,487 lei (EUR704.6), data from the country's statistics board showed Tuesday.
Romania's annual inflation rate kept its upward trend in September 2021, surging to 6.3%, higher than 5.3% in August 2021, data from the country's statistics board showed Tuesday.
Affidea Romania, the largest player on the local medical imaging services market, announced it opened Affidea I Hiperdia medical center in Cluj in the wake of total EUR2.7 million investments.
E.ON Romania, a group with a EUR1.2 billion domestic business focused on energy and natural gas distribution and supply, is involved in the development of 150 solar power projects for business clients, after the company has already completed 200 such investments.
The Romanian arm of Eglo Leuchten Austria, one of the world’s leading lighting producers, wants to open own showrooms in Romanian cities with at least 200,000 inhabitants and on the short term is looking at Moldavia region and at southern Romania, explained Catalin Dumitrascu, general manager of Eglo Romania.
Bistrita-based automotive industry wiring producer Leoni Wiring Systems Ro, part of Germany’s group Leoni, is recruiting 114 people, with most available jobs being opened for unskilled workers, but also for engineers or programmers.
Cooking equipment retailer Kitchen Shop will grow to 19 stores after opening its second store in Hungary. The other 17 offline stores are in Romania.
Bucharest still has a lot of development potential, considering plots are still available in central locations, while other areas have former industrial sites not yet converted into real estate projects, says Claudio Cisullo, the chairman of the board of One United Properties, the most active developer in Romania.
Romanian President Klaus Iohannis on Monday designated USR member Dacian Ciolos for prime minister.
The shareholders of Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group, have reached an agreement with automotive parts wholesaler Augsburg International (AL) to buy 51% in it.
Romania's finance ministry on Monday raised 400 million lei (EUR80.8 million) selling bonds maturing in October 2027 at an average yield of 4.49%, central bank data showed.
Gross wages in private companies in Romania are expected to increase by an average of 8.11% in 2022, after rising by 8.94% in 2020, according to PayWell 2021 survey on salaries and benefits conducted by PwC Romania.
Romania manufactured 315.115 vehicles in the first nine months of 2021, data from the country's carmakers association ACAROM showed Monday.
Software solutions provider Life is Hard (LIH) has signed an EU financing contract which targets investments in developing the 24Broker brokerage platform. Investments are based on big data and are worth a total RON14.8 million, of which RON10.1 million is non-reimbursable funding, per data from the company’s representatives.
The Bucharest Stock Exchange on Monday launched the first index for the AeRO market, called BET AeRO, which includes representative companies from this market.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, started the week of October 11-15 slightly higher at 2.11% a year on Monday (October 11), from 2.10% on Friday (October 8).21152 items