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French Carrefour Group has announced sales of EUR2.3 billion for its Romanian store chain in 2020, up 2.1% on the year, for similar activities, per a financial report released Thursday.
Real estate consultancy company JLL Romania has recruited Ciprian Sirbu, former logistics manager at Vivre, to manage its Supply Chain Services business line, expanding its services on an increasingly dynamic industrial and logistics property market.
The year 2020 came with good things, too, one of which was the decline in personnel turnover in the local outsourcing industry, says Vladimir Sterescu, country manager of CGS Romania, a provider of outsourcing services on the local market.
TeraPlast Group, with its two Plastics and Steel Divisions, exceeded the turnover of RON1 billion in 2020 and its net profit doubled, to RON79 million, company representatives said Thursday.
Family businesses are optimistic about their recovery over the next two years, with 86% anticipating a return to pre-pandemic growth rates by 2022, according to PwC's Family Business Survey.
Ford’s Romanian assembly plant in Craiova could produce electric vehicles in the coming years, in the context of Ford of Europe’s new strategy to reduce carbon dioxide emissions.
Online retailer evoMAG, held by entrepreneur Mihai Patrascu, ended 2020 with sales of over EUR32 million, up 43% on the year.
The number of company insolvencies in Romania reached the lowest level of the last five years. In 2020, over 5,500 companies went insolvent, 13% fewer on the year, and the bulk of insolvencies were in the wholesale sector in 2020 per the latest survey by Coface Romania, Ziarul Financiar (ZF) reports.
TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and Eastern Europe and the second in Europe, after launching operations in Spain two years ago.
Prima Development Group, a real estate developer based in Oradea, plans to finish the construction of 640 apartments in Bucharest and Oradea and expand its presence in Bucharest with three new projects, totaling over 2,500 housing units.
The year 2021 had a very dynamic start in terms of staff recruitment, with increased demand for staffing in retail, tech, pharmaceuticals, logistics and transport, said Florin Godean, country manager of Adecco Romania, the leading temp staffing recruiter in Romania.
Auchan and Glovo have concluded a partnership whereby over 4000 products sold in the 33 Auchan hypermarkets can be ordered online, via quick delivery service application Glovo, across all 18 towns and cities in which Auchan has stores.
Romanians bought RON261.9 million (EUR54.1 million) worth of dermo-cosmetics at retail prices in 2020, down 2.7% compared with 2019, a market report by Cegedim Customer showed Wednesday.
Romanian cable maker Iproeb Bistrita (IPRU.RO), listed on the alternative trading system AeRO of the Bucharest Stock Exchange, said Wednesday in a stock market announcement that regional investment fund SIF Banat Crisana (SIF1.RO) disposed of its 8.6% ownership in the company, on February 12.
Private healthcare operator Gral Medical, the fifth largest on its market by turnover, has acquired the Labordiagostica medical laboratory in Timisoara, marking its first acquisition in western Romania.
FintechOS, which specializes in the development of digital transformation solutions for the financial industry, ended 2020 with annual recurring revenue, an important indicator for the companies backed by investment funds, in the amount of $7.5 million, up 195% from 2019 level.
Around one third of real estate specialists expect prices of houses and lands to grow by up to 10% in 2021, while prices for retail and office spaces are expected to decline, according to an analysis by RE/MAX Romania and Veridio.
Organic fertilizer producer Norofert (NRF.RO) on Wednesday said it published the Prospectus prepared for the capital increase operation approved by its shareholders on November 24, 2020 and by the Romanian Financial Supervisory Authority (ASF) on February 11, 2021.
The structure of office building tenants has changed over the last months, with the e-commerce sector increasing as share and the IT&C sector stepping back after seeing record leases in 2019, per a recent analysis by Esop.
Courier services company GLS Romania reported a 20% annual increase in turnover in 2020, due to the e-commerce being on an upward trend in 2020.19438 items