Electricity supplier and distributor Electrica (stock symbol: EL) has announced in a stock market report that its Board of Directors appointed Mihai Diaconu to the position of Board Chairman, from February 1, 2025 until December 31, 2025.
Genesis Property, one of Romania’s leading office building owners, established by entrepreneur Liviu Tudor, has appointed Ionel Purice to the position of Chief Executive Officer (CEO).
Romania’s unemployment rate stood at 5.2% in December 2024, lower by 0.1 percentage point than 5.3% recorded in November 2024, data from the country’s statistical office INS show on Thursday (January 30, 2025).
Germany’s Lidl on Thursday opened three new stores, in Sibiu, Suceava and Bascov, for which more than 80 new jobs were created.
Real estate developers in 2024 finalized 14 retail projects, representing both new schemes and expansions of existing ones.
Pastry producer Senneville, an entrepreneurial business launched by David Alb in Timisoara, in 2024 posted EUR5.1 million turnover, up 38% from 2023, particularly amid rising sales in retail networks.
Romanian startup Examin, specializing in AI-powered automation and video analysis, plans to expand to the US.
Builder Bog’Art, owned by Raul Doicescu, in association with UTI Construction and Facility Management, controlled by businessman Tiberiu Urdarescu, and Drumuri Bihor, held by Beniamin Rusu, have finalized the construction of the new departures terminal of Satu Mare airport, an investment of RON311.8 million (around EUR63 million).
Radisson Hotel Group, one of the world's leading hotel chains, is eyeing several cities of Romania to open new hotels under one of its brands. Cities Radisson is looking at include Iasi, Craiova and Oradea.