New car registrations in Romania decreased by 14.5% on the year, to 27,624 units, in January-April 2021, data from the association of automotive manufacturers in Romania (ACAROM) showed Tuesday.
Romania’s Competition Council is looking into a transaction whereby MedLife Group, the leader of the private medical services market in Romania, acquired the majority stake of 75% of pharmaceutical wholesaler Pharmachem Distributie, in December 2020.
Romania's foreign exchange reserves grew to EUR38.304 billion at the end of April from EUR35.709 billion at the end of March, central bank data showed Tuesday.
MedLife group (M.RO) increased its existing loan facilities by EUR40 million euros, signing a syndicated loan in totaling EUR143 million, the company said in a statement Tuesday.
Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, reported consolidated revenues of EUR43.1 million in Romania for the first quarter, up 42% on the year.
Banca Transilvania (TLV.RO), the biggest lender in Romania by assets, reported a net profit of RON656 million on group level in the first quarter of 2021, up 116% compared with the same period in 2020.
Premium Aerotec, a company part of the Airbus group, posted about RON230.7 million (EUR47.9 million) revenue last year, 20% lower than in 2019, Finance Ministry data show.
Biscuit manufacturer Croco based in Onesti, Bacau County, one of the largest such manufacturers in Romania, posted more than RON38.7 million (EUR8 million) net profit in 2020, an increase of 10% on the previous year, when its net profit stood at RON35.3 million (EUR7.5 million), publicly available data show.
Banca Comerciala Romana Group (BCR) held by Austria’s Erste Group, ended the first quarter with RON424.6 million net profit, slightly lower than in the year-ago period, while net interest income shrank 0.7% to RON593.8 million, as a result of the lower interests on the money market.
Romanian authorities issued 4,456 residential building permits this March, an increase of 39.5% on the previous month and of 38.2% on March 2020. The number of building permits issued reached a 14-year high last month, National Statistics Institute data show.
Exports have come to generate more than 85% of the revenue of the Romanian shirt manufacturer Braiconf (BRCR.RO) in Braila, having increased by 10% during the pandemic.
Retail pharmacy network Catena, the largest actor in pharmaceutical retail in Romania, posted more than RON4.7 billion sales in 2020, the first year of the COVID-19 pandemic.
Romania's local industrial and logistic market started 2021 on a positive trend as the transacted volumes in the first quarter reached nearly 200,000 square meters, double compared with the same period last year, real estate consulting company Cushman & Wakefield Echinox said in a report Thursday.
Shareholders of Evergent Investments (EVER.RO), formerly SIF Moldova, approved Thursday the distribution of a gross dividend of 0.043/share, or RON42.5 million in total.
Romanian airline Blue Air introduces two daily Bucharest – London Heathrow flights starting April 30, it announced Thursday.
Average asking prices for housing in Romania grew 2.2% in the first quarter of 2021 compared with the fourth quarter of 2020, and the annual growth rate slowed to 3% on lower demand and increased supply, a market report by Imobiliare.ro showed Thursday.
Generics manufacturer Zentiva Group on Thursday reported sales of around RON1.05 billion in Romania in 2020, of which its factory in Bucharest generated RON558 million, 1% lower than in 2020, the company said in its annual report.
LEKTRI.CO, one of the leading players in the field of electric mobility in Romania, expects to sell 1,000 electric vehicle charging stations until the end of 2021, both in Romania and on international markets where the brand is present.
The Romanian State, the majority shareholder of power grid operator Transelectrica (TEL.RO), on Thursday called on the company to summon a new general meeting of shareholders in order to approve the financial statements for 2020 and the distribution of dividends from the profit registered on December 31.
Sphera Franchise Group, the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, targets restaurant sales of over EUR230 million in 2021, higher by 63% than the level reported in 2020, with a quarter of sales being expected to be generated by the delivery channel.