Carrefour Group announces the appointment of Gilles Ballot as Chief Executive Officer (CEO) of Carrefour Romania starting from February 12, 2024.
Romania will register economic growth of around 3% in 2024, followed by 3.5% in 2025, but in parallel public finances will continue to deteriorate, becoming a reason of concern, with deficits of around 5%, reveals a country risk analysis conducted by Allianz Trade.
Alro Slatina, one of the largest vertically integrated aluminum producers in Europe by production capacity, has acquired an aluminum alloy electric furnace for plates aging from SECO-WARWICK, in a $2.75 million investment.
Bulgaria’s venture capital firm Eleven Ventures, focused on pre-seed and seed investments in Southeastern Europe, has launched the second edition of Eleven Alpha, a three-month program addressing entrepreneurs taking the first steps in developing their own businesses.
FintechOS, one of the best-known tech startups launched locally, a tech provider for banks, insurers, lending institutions and financial services companies, in 2023 posted 40% revenue increase, below the 50% target.
The local subsidiary of French tech group Atos, present in Romania both via Atos Romania and Eviden Romania, seeks to recruit around 43 IT specialists.
Amer Sports Ro, part of Finnish-Chinese group Amer Sports, one of the world’s leading sportswear producers, is set to invest EUR6 million in 33,792-sqm production unit located in Eurobusiness II Oradea industrial park.
Groupama after the first nine months of 2023 was still the leading company on the insurance market, reaching a market share of almost 22%.
Cosmetics producer Farmec Cluj reported a turnover of over EUR70 million at the end of 2023, up over 10% on the year, which sustained an advance of 50% in its profit compared to the previous year.
Chemical compound Chimcomplex Borzesti (CRC.RO), which owns two industrial platforms, in Onesti and Ramnicu Valcea, has received the approval of Romania's Financial Supervisory Authority(ASF) for carrying out a public offer for the repurchase of shares in the amount of maximum RON21.4 million.
Affidea Romania, the biggest player on the medical imaging services market, has acquired the Explora local business based in Suceava (north-eastern Romania), which comprises three medical clinics.