State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of 50 million Canadian dollars (equivalent of RON169.5 million) with state-run lender CEC Bank on Dec 5, the company announced in a stock market report on Dec 6, 2023.
Footprints AI, a cutting-edge retail media platform that provides retailers with valuable insights into consumer shopping habits, has partnered up with Danubius, the main supplier of Datecs cash registers in Romania, and is launching the Retail Media network with the largest geographical coverage in Romania and thus provides SMEs, for the first time, with access to Footprints AI technology, according to representatives of the two companies.
Romania's labor market has seen 10 million job applications from January 2023 to date, a record number and almost 5% more than in 2022, according to online recruitment platform eJobs.
The group of IT companies Bittnet Systems has informed the local capital market about the successful closing of a private placement offer for new shares in order to increase the capital of Fort SA, a cybersecurity pillar within the group.
Affidea Romania, the biggest player on the medical imaging services market, has bought Odelga clinic of Bucharest, an imaging center located within Bucharest Oncology Institute.
Constanta harbor in 2022 posted the third biggest increase at a European level in terms of the volume of handled freight, with a 15% plus, only behind Poland’s Gdansk (plus 40%) and Spain’s Cartagena (plus 17%), in line with Eurostat data.
Furniture maker Taparo, part of Taparo group of firms founded by entrepreneur Ioan Filip, currently has 70 jobs available at the plant of Targu Lapus, Maramures county.
ELI Parks, one of the most dynamic developers on Romania’s logistic and industrial market, wants to start a new development project, ELI Park Iasi, a logistic and industrial park with a total 63,000-sqm area, to be developed in several stages.
Craiova-based garden machinery company Ruris has invested in a new logistic platform in Craiova and continues its plans to launch a small tractor on the market to meet demand on a market currently covered by Japanese used imported tractors.
Asset manager M&G Investments headquartered in London, having assets worth £330 billion (EUR381 billion) under management, has become a stakeholder in Hidroelectrica with the listing of the electricity producer on the Bucharest Stock Exchange.
Romania Data Centers, Crosspoint Real Estate’s most recent market analysis, assesses Romania’s strengths and weaknesses in regards to the country’s potential of becoming an important destination for data center operators.
Romanian packaging manufacturer Electric of Focsani, held by the Buzaianu family, reported a turnover of RON55.1 million (EUR11.2 million) for 2022, up 23.5% from RON44.6 million (EUR9 million) reported in 2021, as per finance ministry data.
Rompetrol Rafinare has announced in a stock market report on December 5 the completion of the modernization of two new tanks in the storage park of the Petromidia Navodari refinery, and the investment in the two projects reached approximately $6.5 million.
Kempinski, Europe's oldest luxury hotel group, will be opening its first hotel in Romania, under the Kempinski brand, based on a partnership concluded with Rock Development Holding, one of the most active real estate developers on the Bucharest residential market.