Private lending in Romania kept going up slightly in December 2023, seeing an increase of 6.4% in nominal terms (down 0.2% in real terms) to RON387 billion compared with December 2022, central bank data showed on Tuesday (January 23, 2024).
Mastercard has opened the application window for its Strive EU Innovation Fund – a new initiative aimed at accelerating the development of solutions to support European small businesses on their digital journey.
Sameday group, one of the biggest players on the courier services market, posted turnover worth above RON1 billion in 2023, up 25%.
Bucharest employers had the biggest need of candidates at the start of this year and put a little more than 10,000 new jobs on the market. Cluj is the second most active county from this point of view, with 4,100 new jobs, followed by Iasi, Ilfov, Timis, Craiova, Prahova and Brasov, in line with data provided by eJobs, Romania’s main recruitment platform.
Engie Romania, the biggest player in the field of natural gas distribution and supply, has acquired a wind park with a total installed capacity of 80 MWp, majority held by EnerCap group of Chirnogeni locality, Constanta county.
Belor Romania, part of Germany’s Belor Eurofert GmbH, ended 2023 with EUR54 million turnover.
Brasov-based building materials wholesaler Temad in 2023 started designing a new 7,000-sqm logistic center in Bartolomeu area of Brasov, in which investments revolve around EUR5 million.
PheonixY, the producer of Gusto puffs, ended 2023 with 30% higher revenues on the year, a historic increase for the Prahova-based business.
2024’s first stock listing on the Bucharest Stock Exchange is likely to take place in maximum three weeks with the launch of Glissando Garden, the home gardening pillar of Timis-based group of companies Glissando.
Law firm Noerr has promoted five lawyers and consultants in the practice areas of M&A, competition, state aid, white collar crime, compliance & investigations and Digital Business.
World’s largest mobile virtual network operator (MVNO) Lyca Mobile, based in the UK, shut down its operations in Romania at the end of last year, eight years after launch, blaming an increase in operating costs for the move.