Entrepreneur Adrian Tomsa, who leads a group of investors negotiating the takeover of mobile telephony operator Telekom Romania Mobile from Greece’s OTE and Germany’s Deutsche Telekom, says that if the deal is successfully completed, he plans to focus on the IT&C market, as well, becoming a provider in the major digitalization projects of the government.
Almost one third of employees in Romania (31%) expressed doubt that they will be able to keep their current job or a similar one until the age of 60, which is 4% above the EU average, as per the latest report of the European Agency of Safety and Health at Work, analyzed by executive search company Arthur Hunt Romania.
Bittnet Systems has announced that the Education pillar of Bittnet Group has been chosen as one of the partners of the Authority for Digitization of Romania (ADR) within the Competences in advanced technologies for SMEs – project financed by the National Recovery and Resilience Plan (PNRR).
Agroland Agribusiness, a Romanian entrepreneurial company, part of Agroland group, specialized in the sale of farming inputs, registered RON46.3 million operating revenues in the first nine months of 2023, down 10% from the year-earlier period, RON2.9 million EBITDA, down 9%, and RON1.3 million net profit, 22% lower than in the same period of 2022.
Road freight carrier Trans SESE, headquartered in Cluj-Napoca, the local subsidiary of Spanish group SESE, seeks to hire 177 drivers for road freight transport.
Bacau-based Moldova Farming, a grain farming and agricultural input distribution business, controlled by entrepreneur Catalin Grigoriu and Paval brothers, in 2022 recorded turnover of RON426.4 million (EUR86.5 million), up around 48% from 2021, in line with ZF calculations based on Finance Ministry data.
Benchmark Electronics Romania, specializing in electronic equipment production, in 2022 generated turnover worth RON794.6 million (EUR161.1 million), up 84.2% from 2021, in line with ZF calculations based on Finance Ministry data.
Agro Oil Service for 2022 reported turnover worth RON281.2 million (EUR57 million), up 15.3% from 2021, in line with ZF calculations based on Finance Ministry data.
Mahle Componente de Motor, the local subsidiary of Germany’s Mahle, for 2022 reported turnover worth RON927 million (EUR188 million), up 11.7% from 2021.
Perla Harghitei and Apemin Tusnad group is currently carrying out multiannual investments worth above EUR49 million, out of which EUR40 million are investments in Perla Harghitei, explained Mihai Neagu, the group’s CEO.
Socar Petroleum SA, a subsidiary of SOCAR (The State Oil Company of Azerbaijan Republic), has joined the race of companies interested in the construction of a bitumen terminal in Constanta Port in partnership with Romanian state-run port operator Oil Terminal (OIL.RO), as per a stock market report released on Nov 21.
Taffo, a Baia Mare-based building company owned by three shareholders, reported a turnover of over RON93 million (EUR18.9 million) for 2022, up nearly 45% from RON64.3 million (EUR13 million) reported for 2021, as per calculations by Ziarul Financiar (ZF) daily based on data on finance ministry website.
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, had a turnover of over RON122 million (EUR24.6 million) in January-September 2023 and targets a 10-15% increase for the whole 2023 versus 2022.
Online retailer eMAG is launching the fifth online shop-in-shop which is dedicated to games and toys and groups more than 250,000 products from the own offer and that of sellers present on the online commerce platform Marketplace.
Globalworth, the leading office investor in Central and Eastern Europe (CEE), has signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company based in Bucharest that is emerging as a preferred business partner across nine countries in the region.