Found 18948 news
Romanian consumers spent 110 million to 120 million lei on clothes dryers last year, not including VAT and the market has increased significantly in the past few years, 2020 included.
Paint and coatings manufacturer Sarcom Valcea has budgeted EUR300,000 investments for 2021, after a 2020 that its owners, brothers Aurel and Marinica Potop, say was good though atypical.
Fast moving consumer goods giant Unilever is developing its operations in Romania despite the COVID-19 pandemic, announcing Romania is a very important market for the group.
Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, announced Thursday that board member Stefan-Alexandru Toderita, exceeded the 10% holding threshold in the company on January 20.
The total value traded on the Bucharest Stock Exchange and its multilateral trading system reached RON12.69 billion in January-September 2020, up 56.27% on the year, despite risks and a deteriorated macroeconomic environment.
Romania's finance ministry on Thursday raised 1.5 billion lei (EUR307.7 million) selling bonds maturing in June 2026 at an average yield of 2.38%, central bank data showed.
The total value of properties transacted in 2020 by real estate agency Blitz amounted to EUR65 million in the Romanian cities of Brasov and Cluj, and over 30% of transactions were carried out through a form of bank financing.
Romanian nuclear power plant operator Nuclearelectrica on Thursday said it would shut down nuclear reactor 1 at the power plant in Cernavoda on Friday to Saturday night (January 22-23, 2021) for repairs.
Over a third of employees in Romania expect to go back to working in the office in 2021, alongside the entire work team. The office of the future offers more safety, more routine and a platform for creative activities, per a survey conducted by Genesis Property.
Last year saw 136 deals worth almost EUR3.4 billion signed in Romania, 5% lower in volume and 10% lower in value compared with 2019, the CMS Emerging Europe M&A 2020 report and ZF calculations based on the data therein show.
Courtyard Bucharest Floreasca by Marriott Hotel, which opened in northern Bucharest in 2019, ended last year with a quarter of the occupancy rate owner Lithuania’s Apex Alliance had estimated.
Farmec Cluj-Napoca, the largest local cosmetics manufacturer, has budgeted small growth in revenue for this year, but higher than the overall market’s.
TeraPlast Bistrita (TRP.RO), construction materials producer owned by businessman Dorel Goia, announced Wednesday it has appointed Lucian Anghel as interim non-executive director.
Romania's economy is expected to recover to pre-pandemic levels around mid-2022, with 3.7% economic growth in 2021 and 5% growth in 2022 after an estimated contraction of 5.5% in 2020, UniCredit Bank analysts estimate.
Restart Energy, a local independent supplier of electricity and natural gas founded in 2015 in Timisoara, is preparing a corporate bond issue of EUR3-5 million on the Bucharest Stock Exchange to support its investment program.
MAM Bricolaj, a supplier of materials and accessories for furniture, held by the Gavan Family, will start trading its shares Thursday, January 21, under the ticker symbol MAM, on the alternative trading system AeRO of the Bucharest Stock Exchange, per stock market data.
Romania’s real estate investment market showed resilience in the face of the coronavirus pandemic in 2020, with the volume of transactions reaching EUR914 million, 28% higher than in 2019, per the Romania Investment Marketbeat report released by real estate consulting firm Cushman & Wakefield Echinox.
Romania’s Financial Supervisory Authority (ASF) plans to implement a unitary approach for the management of the stock market, insurance and private pension sectors, through the coordination of all services by a general department, according to the ASF strategy for 2021-2023.
Real estate consulting company CBRE has brokered the extension of the lease contract for a space of approximately 85,000 square meters occupied by Carrefour Group within the P3 Bucharest A1 industrial park located in western Bucharest.
Ploiesti-based iHunt Technology (HUNT.RO), a producer and supplier of mobile phones and hi-tech gadgets, whose shares climbed 41% in 2021, received shareholders’ approval for a bond issue worth RON7 million, for a four-year period, and a maximum interest rate of 9% per year.18948 items