Carrefour Romania on Tuesday announced a series of appointments to the retailer's Executive Committee to streamline operations, including the return of Catalin Samara, former CEO of Bringo International, in the role of Hypermarket Business Unit Director (Hiper Director & Expansion).
State-run company Nuclearelectrica (BSE:SNN), Romania’s sole nuclear power producer, has announced in a stock market report on June 4 that Mihai Laurentiu Gioara was appointed to the position of Deputy General Manager Commercial and Development.
Romania's hourly labor costs adjusted to the number of working days increased by 16.45% in the first quarter of 2024 compared to the first quarter of 2023, data from the country's statistics board INS showed on Tuesday (June 4).
Romanian brokerage firm BRK Financial Group [BSE:BRK] will act as issuer market maker for Sphera Franchise Group [BSE:SFG], the Bucharest Stock Exchange (BSE), starting with June 4, 2024.
Azerbaijan Airlines AZAL, Azerbaijan’s state-owned airline, has launched the Bucharest-Baku flight that will connect the two countries via a direct flight for the first time.
The overall volume of office spaces leased outside Bucharest is rising and 82% of the total area is in Cluj-Napoca, reveals an analysis by Fortim Trusted Advisors, part of BNP Paribas Real Estate Alliance.
Samsung Electronics Romania, the local subsidiary of the South Korean giant that leads the global smartphone market, last year registered net turnover worth RON5.6 billion (EUR1.1 billion), slightly down, by 1% from 2022, while net profit almost doubled.
Japanese group Sumitomo, which owns Alcedo in Romania, a major farming input wholesaler, is in talks to take over Naturevo, also a farming input wholesaler.
Two of the three largest cement producers in Romania saw a decline in their profit margins in 2023, according to calculations based on data published on the Finance Ministry website.
VLG Ro, a supplier of electrical cables and conductors based in Martinesti, Cluj County, part of the Austrian Meinhart group, posted RON408.6 million (EUR82.6 million) revenue in 2023, down to almost one quarter of the 2022 level of RON1.6 billion (EUR324.6 million), according to ZF calculations based on Finance Ministry data.