ATP Trucks Automobile, part of ATP Group in Baia Mare, northern Romania, announced the launch of its ATP Bus e-UpCity electric bus with an autonomy of up to 360 km.
Real estate consultancy company Cushman & Wakefield Echinox said Thursday it has expanded and consolidated its Land & Industrial team by recruiting Liviu Marginean and Stefan Radeanu, two specialists with a combined experience of 22 years in the real estate market, within the department coordinated
Binderbubi Hotel & SPA in Medias, central Romania, has reopened following extensive renovation and has joined the Mercure network of French hotel management group Accor.
Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre.
Agroland (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has appointed Adrian Hutiu as Chief Operating Officer.
Paul Prodan, president of BT Capital Partners – the financial services division of Banca Transilvania Group, has been elected President of the Supervisory Board of regional investment fund SIF Transilvania (SIF3.RO).
Romanian company Modular Services, which provides IT services and Outsourcing specialized in legaltech and fintech solutions, is opening a second office in Romania's northeast region.
The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a net profit of RON2.03 million in the first quarter of 2021, down 54% from the same period in 2020.
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, listed on the AeRO market of the Bucharest Stock Exchange since October 2020, announces total investments of RON62 million in expanding the land area it operates and in upgrading existing farms.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended the first quarter of 2021 with a net profit of RON6.3 million, up 57% on the year, and a turnover of RON47.8 million, higher by RON3.1 million than in the same period in 2020, per the company’s financial report.
MedLife Group (M.RO), the leader of the private medical services market in Romania, ended the first three months of 2021 with a net profit of RON36.1 million, increasing more than fivefold compared with RON6.4 million reported in the year-earlier period, per the company’s financial report.
The average net salary in Romania grew 5.4% in nominal terms in March 2021 compared with February 2021, to 3,547 lei (around EUR720), data from the country's statistics board showed Thursday.
Germany’s Kärcher group has a plant in Curtea de Arges and will open a new one in the same city in 2021. The investment in the two plants stands at EUR35 million.
Romania's annual inflation rate stood at 3.2% in April 2021 compared with April 2020, data from the country's statistics board showed Thursday.
Czech Republic’ CEZ group got CZK24.6 billion (EUR964 million) from the sale of its operations Romania to Australia’s Macquarie in the largest deal in Romania’s energy sector in the last few years, which also attracted interest from Hidroelectrica and Electrica.
Romanian-held builder Bog’Art seeks to expand into road construction and to European Union member countries.
If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be produced four years after that.
Meat producer Sam Dor Divers, which produces pork and beef carcasses in Arges county, has taken over the former Integra meat processing unit in Chitila, near Bucharest, from Nicbac Prod Bacau, Romania's antitrust body said Wednesday.
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices.
The air transport industry was directly hit by the pandemic, with the number of flights drastically reduced starting March 2020, and the most recent figures on commercial flights show no clear signs of recovery in April 2021, Eurostat data showed Wednesday.