DB Global Technology, Deutsche Bank’s Bucharest tech center, ended 2023 with a turnover of RON713.4 million, up 34.9% year-over-year, in line with data from the balance sheet submitted by the company to Romania's finance ministry.
Household appliances manufacturer Electrolux Romania, the local subsidiary of Swedish group Electrolux, reported a turnover of RON1.049 billion (EUR212.1 million) for 2023, up 18.7% from nearly RON883.9 million (EUR179.2 million) reported in 2022, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Romanian executive Alex Cirlan has recently been appointed vice president of customer management of computer and electronics retailer MediaMarktSaturn and will be based in Bavaria, Germany.
The eMAG Group, one of the largest online retailers in the region, is aiming for 11%-15% growth in revenue this year and will invest RON900 million to achieve its goals.
76,746 individuals in Romania had bank deposits of more than EUR100,000 at the end of the first quarter of 2024, over RON82.6 billion (about EUR16.5 billion) in all, the latest statistics of the Bank Deposit Guarantee Fund (FGDB) show.
State-run company Nuclearelectrica (BSE:SNN), Romania’s sole nuclear power producer, and Korea Hydro & Nuclear Power (KHNP) have announced the start of works on the first tritium removal facility in Europe, located at the Cernavoda Nuclear Power Plant.
The cross-border merger by absorption of Credit Europe Bank Romania S.A. into Dutch parent company Credit Europe Bank N. V. was initiated and, after the merger, the former will continue its activities in Romania as a subsidiary of the latter, as per data provided on June 10 by the representatives of the institution.