Forvis Mazars Group, the international audit, tax and advisory services partnership, releases its latest CEE Tax Guide 2024, providing comprehensive insights into the tax systems of 22 European and 3 Central Asian countries.
ROCA Industry, the Romanian holding of construction materials companies, aims to achieve a turnover of RON655.4 million in 2024, through its subsidiaries, up 54% compared to the consolidated result of 2023.
Pharma company group Direct Pharma Logistics, made up of Direct Pharma Logistics, Pharmalink and Farmatop, is expanding its drug wholesale operations and is readying to enter the market of the Republic of Moldova in 2025.
Romanian state-owned airline TAROM has signed the leasing contract for the acquisition of two Boeing 737 MAX 8 planes, due to be delivered during December 2025-January 2026 period.
State-owned Nucleaelectrica (SNN), Romania’s sole nuclear power producer, has announced it received a request from the Energy Ministry to supplement the agenda of the Ordinary and Extraordinary General Meeting of Shareholders set for 18.07.2024/19.07.2024.
Braila-based apparel manufacturer Braiconf is asking the government to act to save Romania’s textile industry, which is losing annually hundreds or even thousands of plants.
Rondocarton, part of Austria’s Rondo Ganahl group, one of the largest corrugated cardboard manufacturers, which operates three plants in Romania, ended last year with RON606 million revenue, slightly higher than in 2022, Finance Ministry data show.
PVC and aluminum windows and doors manufacturer Optimedia has budgeted investments of over EUR12 million for 2024, which target the development of the aluminum production division.
Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an increase of 18% on 2022, Finance Ministry data show.
Scandinavian home furnishings retailer JYSK continues its expansion plans in Romania and is inaugurating a store in the town of Targu-Mures, on July 4, 2024, thus reaching a 143-unit network in Romania.
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) has informed shareholders and investors in a stock market report on July 1 about a state aid, in the amount of RON37.4 million, attracted by the subsidiary Vrancart Recycling SRL.
State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, has announced in a stock market report on July 2 the adoption of the European Commission’s positive opinion regarding the project of Units 3 and 4 at Cernavoda nuclear power plant, based on Article 41 of the Euratom Treaty.
Romanians spent EUR36 billion in large retail chains, up 11% compared with 2022, out of which the FMCG spending accounted for EUR22.5 billion (more than 60% share), according to the Romania Retail Snapshot 2024 performed by real estate consultancy company Cushman & Wakefield Echinox, based on the financial results of 116 companies across 12 different retail segments.
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 1% in May 2024 compared to May 2023, following a 2.2% decrease on the domestic market and a 2% increase on the non-domestic market, respectively, data from Romania’s National Statistics Institute INS showed on Tuesday (July 2, 2024).
Romania’s unemployment rate stood at 5.4% in May 2024, higher by 0.1 percentage point compared to April 2024, data from the country’s statistics institute INS show on Tuesday (July 2, 2024).
The overall investment climate in Romania is rated positive by 46% of respondents and companies' plans to expand operations and investment in 2024 reflect confidence in Romania's potential, as per a survey conducted by the American Chamber of Commerce in Romania (AmCham Romania).
Ameropa Group, a Swiss-held group, has acquired via Promat Comimpex company, included in its Romania portfolio, the majority stake in Agrotex, a farming input and grain trader of Satu Mare.
Stefanini Romania, the local subsidiary of Brazilian supplier of IT solutions and services, in 2023 saw its net profit rise by 67%, to RON13.5 million (EUR2.7 million).