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Four companies in Romania produce RON50 million worth of escargot, with 270 employees.
Investment vehicle ROCA X has signed a deal investing EUR150,000 in local virtual mobile operator Benefito Mobile, which plans to launch a prepaid card for mobile telecom services which users can recharge when purchasing products and services from partner companies.
German manufacturer of automotive cable harnesses and electrical systems Kromberg & Schuber has leased 2,000 square meters of office space in the Vox Technology Park project in Timisoara.
Romania's gross domestic product fell 5.7% on the year in both nominal and real terms in the third quarter, a second reading from the country's statistics board showed Tuesday.
Rompetrol Well Services (PTR.RO) said Monday in a stock market report that KMG International, which owns 73% of its share capital, requested that issues regarding the dividend policy be included in the shareholders’ agenda of January 28/29.
Romanian electricity distribution company E-Distributie Banat, part of Italian utility group Enel, invested RON127 million in digitizing and modernizing the power grids in western counties of Arad, Timis, Caras Severin and Hunedoara, in 2020.
Romania's finance ministry on Monday raised 681 million lei (EUR139.8 million), versus its RON600 million target, selling bonds maturing in January 2028 at an average yield of 2.74%, central bank data showed.
Restart Energy, a local independent supplier of electricity and natural gas, entered a joint venture with Interlink Capital Strategies, a U.S.-based financial consulting and fund management firm, to develop $500 million worth of energy projects in Romania and neighboring countries.
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was selected for Ron40 million state aid to invest in a recycling project.
The mergers & acquisitions market in Romania was stable in 2020, with 91 transactions, compared with 110 in 2019, Deloitte said in a report Monday.
Over 650,000 square meters of warehousing space was traded in Romania in 2020, 38% more than in 2019, industrial brokerage firm Dunwell said in a market report Monday.
At least six new DIY stores should open in Romania in the next two years. They will be part of the Leroy Merlin, Hornbach and MAM Bricolaj, data centralized by ZF from the announcements of the retailers show.
Romanian coffee shop chain 5 to Go, founded in 2015 by two local entrepreneurs, ended 2020 with over 220 units locally and plans to continue expansion in the following years, said co-founder Radu Savopol.
Home appliances plants worked around the clock to meet rising demand from consumers in 2020, who stayed home and invested in household goods.
Dacia Brand has a new managing director South Eastern Europe and country head Romania as of January 1, Mihai Bordeanu, its former vice-president.
Romania's trade balance posted a deficit of EUR16.433 billion in the first eleven months of 2020, EUR908 million higher compared with the same period in 2019, data from the country's statistics board showed Monday.
Medicover Romania, the third largest private medical service providers in the country, has appointed dr. Florinela Cirstina as general manager, replacing Radu Gorduza Lupu.
Romania's Competition Council said Thursday it has fined nine companies active on the agricultural machinery market a total RON127 million (nearly EUR26.5 million) for fixing the sale price of the products branded Claas and Amazone, respectively, between 2014 and 2018.
Romania's seasonally adjusted unemployment rate inched down to 5.1% in November 2020 from 5.3% in October, data from the country's statistics board showed Friday.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, has decreased for the fourth consecutive day, reaching 1.79% per year on Friday (January 8).18948 items