Lantmännen Unibake Romania, a major player on Romania’s bakery market, has started building the new plant of Pantelimon where it will manufacture premium bread specialties.
HeadHunting IT, an IT specialist selection and recruitment firm set up 10 years ago, registered EUR6 million turnover in 2021, up over 33% from the previous year amid rising demand for specialists domestically and abroad, stated Razvan Rada, the company’s general manager.
Romania is a strategic market for Spanish-owned Glovo, as more than 10% of the global virtual stores operating under the Glovo Express brand in the group's network are located locally, says Daniel Alonso, vice president of Glovo's quick commerce division. In fact, the Romanian office is a regional hub.
Demand for doors and windows in Europe will increase in the coming period, as the NRRP allows for building insulation, which is why Pinum, the company now owned by Nusco SpA, will start the construction of a new EUR20 million factory.
AROBS Transilvania Software (AROBS.RO), the Romanian IT company controlled by the entrepreneur Voicu Oprean from Cluj, posted operating revenue of RON128.8 million in the first half of 2022, 34% more than last year.
Evergent Investments (EVER.RO, former SIF Moldova), a company that distinguishes itself through private equity investments, entered the IT sector by acquiring a significant stake in Romanian software producer MWARE Solution SA.
The European Investment Fund (EIF) will provide EUR8.4 million (RON42 million) in guarantees for microfinancing operations worth RON500 million (EUR100 million) carried out by BT Mic, the microfinancing company of lender Banca Transilvania, based on a new partnership signed by the two institutions.
At 11:49 a.m. on Tuesday (Sept 27), a DEALS transaction was registered in the Bucharest Stock Exchange system with a total of 7.7 million Evergent Investments (EVER.RO, former SIF Moldova) shares worth RON9.3 million.
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Tuesday (Sept 26) said in a stock market report that it placed with state-run lender CEC BANK three term deposits in the total amount of RON290.44 million, as per calculations by Ziarul Financiar (ZF) daily.
The electric vehicle charging market will grow to EUR75.5 billion in 2035, from EUR4.5 billion in 2021, according to the Digital Auto 2021/22 report drafted by strategy&, the global strategy department of PwC, considering that estimates show that nine out of ten (93%) cars sold in 2035 will be electric (BEV).
ialoc, the platform used for reservations and quick payments for the hospitality industry, has attracted an investment of EUR500,000 from MaxyGo Invest Holding.
Almost half of Romanians watch sports, matches and sports competitions on their smartphones, and six out of ten Romanians watch football on their mobile phones, according to a survey conducted by OPPO on a nationally relevant sample of 1,376 respondents.
Andreea Mihai has been appointed Chief Executive Officer of real estate developer HAGAG Development Europe.
Retail pharmacy chain DONA, which owns 320 pharmacies of its own and almost 30 franchised, plans to expand countrywide, to smaller cities where it does not have a presence yet, DONA chief financial officer Rares Marculet said during the ZF Health&Pharma Summit’22 on Tuesday.
Cluj-based software development company RebelDot is opening its third office in Romania and the company’s main head office, in Cluj-Napoca, within the Buftea Business Center, adapted to the hybrid way of working.
The new five-star Radisson Blu Aurum hotel in Brasov (central Romania) will be inaugurated on October 16 following an investment of EUR16.3 million, almost EUR3 million above the amount initially estimated.
The most in-demand jobs in the IT industry in Romania are interface developer, software engineer, security specialist, big data analyst and quality assurance specialist, according to Undelucram.ro, the largest online community of employees in Romania.
Romania’s insurance market reached a volume of underwritten gross premiums of RON8.76 billion in the first half of 2022, up 44% compared with the year-ago period, the country’s Financial Supervisory Authority (ASF) said in its latest report on the evolution of the insurance market.
Romania’s general consolidated budget posted RON32.98 billion deficit in the first eight months of 2022, lower than the RON39.36 billion level reported in the year-ago period, in line with finance ministry data.
Autonom Services, the mobility network controlled by brothers Marius and Dan Stefan, has received EUR15 million backing from the European Investment Bank to increase its e-car fleet.