Austrian-held Leier, which has acquired several building materials companies locally in recent years, last week opened a new precast concrete element plant in Iasi.
Nimet, a major producer of chrome plated steel bars and tubes, is investing EUR20 million in a new plant in Targoviste.
Chimcomplex (CRC.RO), the leading producer and supplier of vital chemical substances in the region, in the first quarter of this year posted RON425 million turnover, compared with RON605 million in 1Q/2022, and RON8.3 million losses, compared with RON60 million net profit.
Roca Industry (ROC1.RO), which owns stake in several construction material companies and is in turn almost 61% held by Roca Investments, has called shareholders for a meeting on June 22 to approve the acquisition of electrical wiring maker Electroplast for RON46 million (EUR9 million).
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued its downward path, falling to 6.60% a year on Tuesday (May 16), in line with central bank data.
Roca Industry Holding (ROC1.RO) reported for the first quarter of 2023 a consolidated turnover of RON82.3 million and a loss of RON5.5 million, as per the quarterly financial report published at the Bucharest Stock Exchange Tuesday evening.
Swedish-held Medicover Romania, the third largest private healthcare provider in the country by revenue, will inaugurate a new multi-specialty hospital in Pipera, northern Bucharest, early in June, following a EUR20 million investment announced two years ago.
Vard Tulcea shipyard, one of the largest shipbuilders in Romania and the biggest employer in Tulcea County, ended last year with RON1.2 billion revenue, flat on 2021 and made profit instead of losses, public data show.
Wizz Air has carried about 17 million passengers to and from the Avram Iancu Airport of Cluj-Napoca in 15 years since opening its base there. Wizz Air is currently operating flights to 40 destinations from 16 countries from the Cluj airport, its second largest base in Romania.
Tiriac Auto aims to invest an estimated amount of over EUR3.2 million in the next two years to implement new standards for the Mercedes-Benz showrooms at its centers across Romania.
Retail investors subscribed about 43 million Agricover Holding shares in the initial public offering that ran from May 4 to May 16 or 52% of their allocation. They subscribed at RON0.5/share, which means they invested some RON21.5 million via about 3,400 orders.
French-held building materials manufacturer Saint-Gobain and ENGIE Romania have started the construction of the largest on-site photovoltaic park in Romania.
CGS (Computer Generated Solutions) Romania, the largest provider of business process outsourcing solutions on the local market, plans to recruit some 500 people until the end of 2023 at its contact center in Constanta, which is the seventh CGS hub in Romania.
The departure terminal of the Cluj-Napoca International Airport is expanding with three new boarding gates, two for international flights and one for domestic flights.
Stay Fit Gym, Romania’s second largest gym chain by the number of opened centers, controlled by investment fund Morphosis Capital, will be opening on June 14 a 1,000-square meter unit within the Palas Campus office-retail project developed by Iulius Group in Iasi.
Real estate developer Impact Developer & Contractor (IMP.RO) reported a net loss of RON8.1 million for the first quarter of 2023, as compared to a profit of RON6 million in the same time interval of 2022, as per data from the company's quarterly financial report.
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) had a net loss of almost RON1.8 million in January-March 2023 as compared to a loss of RON42.1 million in the same period of 2022.
Carbochim Cluj-Napoca (CBC.RO), the largest professional abrasives manufacturer in Romania, posted RON116.8 million net profit in the first quarter of 2023, up from the mere RON1.04 million in the year-ago period, the company said in a report to the Bucharest Stock Exchange.
Footwear retailer Deichmann Romania ended 2022 with a 32% higher turnover, of RON594 million, aiming to open new stores in 2023 and to further refurbish ten other units.
After the deal with UniCredit fell through at the end of last year, US private investment firm J.C. Flowers has put up for sale First Bank Romania again.