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The top ten postal and courier companies reported an aggregate turnover of RON2.8 billion in 2019, 15% higher than in 2018, according to ZF calculations and data provided by confidas.ro, and more than 7,500 employees, some 100 more than a year before.
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, said Monday in a stock market report that the investment funds managed by Allianz Ţiriac have reached a holding of 5.25% of the lender’s share capital.
Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, is delivering the second development phase of the Luxuria Residence complex in Bucharest’s Expozitiei area.
One United Properties, a real estate developer controlled by Victor Capitanu and Andrei Diaconescu, said it took over the management for luxury residential project Rahmaninov Residence in capital Bucharest, from Dorin Mateiu, the former owner of cold cuts producer Elit Cugir.
Romanian company Tellence, which provides high-tech software and engineering services, is extending its collaboration with Redis Labs in order to establish a research and development (R&D) center in the field of cloud-based services, in capital city Bucharest.
Romania's finance ministry on Monday raised 500.5 million lei (EUR102.7 million), versus a RON400 million target, selling bonds maturing in September 2031 at an average yield of 3.40%, central bank data showed.
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday.
The number of real estate deals in Romania stood at 60,183 in November 2020, 23,492 fewer than in October, data from the national cadaster agency ANCPI showed Monday.
Scandinavian furniture and home décor retailer JYSK opens its second store in Sibiu and 95th in Romania on Thursday, December 17.
Frisbo, the first full provider of e-fulfillment services in Romania, which takes over depositing and processing the orders of online shops, said Monday it was expanding operations to five new countries: Moldova Bulgaria, Hungary, Slovakia, Spain, Italy and Belgium.
Romania’s largest milling and bakery business Boromir has invested EUR8 million in boosting grain storage capacity and corn flour and bread production capacity to meet rising demand, its officials say.
Romanians spent more than 20 billion lei in pharmacies last year, as their medicine and food supplement purchases rose by 8% in 2019 year on year, Trade Register data show.
Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo, which owns the Sun Plaza shopping center in Bucharest.
Romanians took out new mortgage loans worth 1.36 billion lei in October, the highest level in 2020. The volume was down 8.1% compared with the year-ago month.
TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a producer and distributor of window profiles for thermal insulating carpentry, for EUR4.5 million.
Impact Developer & Contractor (IMP.RO) starts a private placement offer for 48 million shares of Star Residence Invest, the first Real Estate Investment Trust (REIT) to be listed on the Bucharest Stock Exchange at a price of RON0.218/share.
ROCA Investments, part of Impetum Group, said Friday it has acquired 30% of the shares of irrigation pump manufacturer Mecanex Botosani and plans to invest EUR1 million to make it a major player on the regional irrigation market.
Lender Patria Bank (PBK.RO) on Friday said the Bucharest Stock Exchange has approved the admission to trading on its regulated market of EUR8.2 million worth of bonds.
Romanian shipyard Santierul Naval Orsova (SNO.RO) said Friday in a stock market announcement that it had concluded two external contracts worth a total EUR3.3 million for the construction of inland vessels.
Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term test of the next administration’s cohesion and an indication of likely fiscal policy settings, Fitch Ratings said18948 items