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Ford Puma ended the first half as the best-selling Ford car in Europe, Ford Europe data show, which means the plant in Craiova was among the ones delivering most vehicles.
Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of Japan’s Fujikura group, posted RON127.9 million (EUR26.5 milion) revenue in 2020, a decrease of 47% year-on-year from the RON241.2 million (EUR50.9 million) revenue of 2019, ZF has found from Finance Ministry data.
French do-it-yourself retailer Leroy Merlin on Tuesday said that, starting July 2021, its entire portfolio of products is available in the online store, with delivery countrywide.
Digi Communications (DIGI.RO), a telecommunications operator listed on the Bucharest Stock Exchange and held by billionaire Zoltan Teszari from Oradea, said Tuesday in a stock market report that its subsidiaries in Romania and Spain concluded contracts worth a total EUR232 million with a syndicate of banks, which will be used for working capital and investments.
Zebra Pay, the leader of the local ATM market, with over 5,700 SelfPay payment stations nationwide, has listed bonds worth EUR3 million on Tuesday (July 27).
Romania’s central bank (BNR) was designated by the European Union to coordinate, jointly with the Netherlands' Central Bank and the Bank of Lithuania, the implementation of a project targeting the financial sector in the Republic of Moldova.
Silviana Petre Badea, managing director of real estate consulting firm JLL Romania, has been appointed Deputy Head of CEE Capital Markets, while continuing her role as country head of Romania.
Investment funds cashed just EUR44 million in 2020 from the exits conducted in Romania, the lowest amount since 2014, per data from the Invest Europe-EDC reports drawn up in partnership with law firm Gide.
Romania's general consolidated budget posted a deficit of RON33.81 billion in January-June 2021, or 2.96% of the gross domestic product, lower than RON45.17 billion, or 4.28% of GDP, in the first six months of 2020, when the economy was mostly shut down by the pandemic, per finance ministry data.
Dacia and Ford continue to adjust production depending on the electronic components delivered by suppliers, but the shortage might worsen in the second half due to the rising demand and limited supply of microchips.
Linde Gaz Romania, the local subsidiary of the Linde Plc. group, the largest supplier of industrial gasses in the world, posted RON660.9 million (EUR137.1 million) revenue, 3% lower than the RON683 million (about EUR144 million) of 2019, Finance Ministry data show.
BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange (BVB.RO) on Monday notified stock market investors of the decision its board of directors made on July 23 to have a private placement of bonds in August 2-13, 2021, seeking to raise RON25 million.
Evergent Investments (EVER.RO) on Monday concluded a Market Maker services contract with Raiffeisen Centrobank AG, in force until December 31, 2022, with the possibility of extension.
Romania’s Competition Council is looking into a transaction whereby Saint Gobain Construction Products Romania seeks to acquire the companies Duraziv and Duraziv Color.
Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, reported sales of RON161.4 million in the first half of 2021, up 10.2% from the same period in 2020, per calculations by Ziarul Financiar (ZF) based on the company’s half-year financial report released Monday.
Romanian state-owned lender CEC Bank reported a preliminary net profit of RON208.4 million in the first half of 2021, up 13% from the same period in 2020 and above the budgeted level.
Financial analysts expect the Romanian leu will depreciate to an average of 5.0261 units to the euro in the next 12 months (June 2021-June 2022), while inflation is seen averaging 4.11% during the same period, a monthly poll by CFA Romania showed Monday.
2Performant, the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, under the ticker symbol 2P, on Monday said it completed the first stage of the share capital increase operation.
Safety Broker, leader on the insurance brokerage market, ended the first quarter of 2021 with a volume of brokered gross premiums of RON355 million, up 23.4% from the year-earlier period, per data provided by company representatives.
One United Properties, one of the most active developers of residential, office and mixed-use projects in capital Bucharest, announces the closing of an agreement of up to EUR78 million in order to fund the office component of mixed-use project One Cotroceni Park.21706 items