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Management solutions and business process outsourcing service provider Sykes Enterprises Eastern Europe, part of the US-held Sykes group, is looking to hire 112 people at its office in Cluj-Napoca, according to the local employment agency.
Romania's finance ministry on Tuesday raised EUR1.647 billion, more than double its target, selling euro-denominated bonds maturing in November 2022 on the local market at an average yield of 0.39%, central bank data showed.
Real estate developer Iulius Group, owned by businessman Iulian Dascalu, has changed its plan for the tallest office building in Romania, under construction in the Iulius Town compound in Timisoara.
Romania's general consolidated budget posted a deficit of RON67.27 billion, or 6.36% of the gross domestic product, finance ministry data showed Tuesday.
Parcel delivery service company DPD Romania, one of the largest courier service firms on the local market, has invested nearly EUR500,000 in a warehouse of 3,000 square meters located in the town of Bragadiru, near the capital city of Bucharest, where it seeks to employ 100 couriers and sorters.
The car assembly plant in Mioveni of Romanian Automobile Dacia, owned by France's Renault, has started the production of the third generation of Sandero Stepway and Logan models, considering their upcoming commercial launch, according to Ziarul Financiar.
Brasov-based roofing systems manufacturer Bilka Steel, owned by businessman Horatiu Tepes, has invested EUR5 million in 2020, part of an ampler investment project set off in the past years, according to Ziarul Financiar.
Wholesaler El Grupo Número 1, the biggest franchisor in Spain, has leased a warehouse of 3,000 square meters within the P3 Bucharest A1 industrial park and will be exclusive wholesaler in Romania for clearance items of most famous Spanish fashion brands.
Arcese, an Italian group specialized in the transport of goods by land, sea and air, has leased 6,500 square meters of storage space within WDP Park Dragomiresti, a park developed by Belgian warehouse developer and operator WDP in Dragomiresti, near the capital city Bucharest.
NN Pensii, the largest private pension manager in Romania, calls for the distribution of RON2 million as dividends from car parts producer Compa Sibiu (CMP.RO), and for the approval of a program for the repurchase of 20 million shares to reduce the share capital by cancelling the repurchased shares.
Chipita Romania, the largest actor on the croissant market in the country, ended 2019 with almost 501 million lei (EUR105.7 million) revenue, 10% more than in 2018, ZF’s calculations from Finance Ministry data show.
Builder Axa Trans Construct, which is now working on the Colosseum Mall in NW Bucharest, posted 73 million lei revenue in 2019, an increase of 71% on 2018, Finance Ministry data show. The profit almost doubled to RON3.9 million, while the number of employees reached 50.
McDonald’s restaurant chain will continue development in Romania in 2021, but the figures depend on the pandemic, says Paul Dragan, who took over as CEO from Daniel Bloaje this summer.
Computer and electronics retailer Altex, one of the largest Romanian entrepreneurial companies, expects to reach EUR1 billion sales in 2020 after three decades in business and successfully navigating three economic crises.
Construction material producer TeraPlast group said Monday it recorded a net profit of RON60.3 million in the first nine months of 2020, 80% higher on the year, while its turnover grew 14%, to RON816 million.
Romanian investment fund Fondul Proprietatea (FP.RO) is seeking to launch a public tender offer to buy back maximum 165 million of its own shares and has engaged Swiss Capital S.A. together with Auerbach Grayson as agents and Swiss Capital S.A. as intermediary.
Generics producer Terapia Cluj, owned by India's Sun Pharma, will have a new country manager starting November 1 – Bogdan Ungureanu, while CEO Dragos Damian will also be leading Sun Pharma's operations in Russia.
Romanian state-owned lender CEC Bank has concluded a new financing agreement, worth EUR50 million, with the European Investment Bank (EIB), through dedicated financing schemes for the economies affected by COVID-19.
Romania's finance ministry on Monday raised 415.5 million lei (EUR85.2 million), versus its RON300 million target, selling bonds maturing in October 2030 at an average yield of 3.56%, central bank data showed.
Most companies are still looking at how they will operate after the pandemic ends, but it is increasingly clear that they will seek hybrid solutions tailored to each organization and the office space will retain its central role, a survey by Cushman & Wakefield Echinox showed.18948 items