Telecommunications operator Digi Communications (DIGI.RO) on Thursday announced on the Bucharest Stock Exchange that Fitch Ratings had assigned it a Long-Term Issuer Default Rating (IDR) of ‘BB’ and the outlook was stable.
Imo Invest Total is inaugurating Sinaia Plaza on Thursday, the first retail center built from scratch on Valea Prahovei, which comes with a supermarket – Mega Image, and three restaurants, plus several other stores.
Orange group, the largest player on the local communications market, in the first six months of 2024 generated consolidated turnover worth EUR699 million, down 7.7% from the same period of 2023.
Investimental, the newest broker on the local capital market, has reached a number of 2,100 unique clients, in line with the company’s report for its first year of activity.
Packeta Romania, a global digital platform of e-commerce, member of Packeta Group, has extended its network of online stores and partner sellers to over 1,800, almost double from a year ago.
Agrana Romania, the largest player on the sugar market, says it halted the refining process at the Buzau plant back in November 2023.
Chip manufacturer NXP Semiconductors, which has a software development center in Romania, reported higher turnover, profit and average number of employees for the local subsidiary.
Cicom, a top five ice cream producer in Romania, for 2024 has budgeted RON89.5 million turnover, up 11% from 2023, thus continuing the upward trend of recent years.
Local airports continued to witness growth and in the first six months of 2024 recorded 11.8 million passengers, a 5% advance from the same period of 2023, in line with data provided by the Romanian Airport Association.
Star Transmission of Cugir, Alba county, the local arm of Mercedes-Benz AG, for 2023 reported turnover worth RON420.5 million (EUR85 million), up 7.5% from 2022, in line with ZF calculations based on Finance Ministry data.
Ebm-papst Automotive & Drives Romania, present locally since 2017, with a plant in Oradea, part of German group Ebm-papst, a world leader in the production of electrical engines and ventilators, in 2023 registered turnover worth RON350 million, up 14% from 2022.