German-held Hays Technology Solutions, specialized in tech solutions developments, has opened its second office in Romania: a research-development center in Timisoara, where it plans to hire over 70 IT specialists.
Metal tile roofing producer Blachotrapez, owned by the Polish group of the same name, last year opened a new plant in Baia Mare. The unit was built with state aid.
Bucharest’s Royal Hospital, founded by gynecologist doctor Ioan Stoian, ended 2022 with EUR5 million turnover and for in 2023 aims for 15-20% growth.
Dacia registrations rose strongly in January in its main markets as the plant also ramped up production in the final quarter of 2022.
Agroserv Mariuta (MILK.RO), the company behind the Laptaria cu Caimac brand, has convened shareholders on March 15, 2023 to propose a capital increase of up to RON500,000 through one or more share issues over a period of three years, according to the notice sent to the Bucharest Stock Exchange.
German-held discount retailer Lidl Romania inaugurated at end-2022 its sixth regional headquarters which also hosts a logistics warehouse covering a total built area of over 56,000 square meters.
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, said in a stock market report on Thursday (Feb 9) that it concluded a letter of intent for the entire acquisition of a company located in Vaslui County.
Neakaisa.ro, an online store specializing in the sale of bathroom sanitary ware, recorded EUR5.7 million sales last year, 20% more than in 2021, amid higher demand for medium and high-quality products, therefore with higher prices.
In 2022, Raiffeisen Bank granted a total 2,333 loans within the IMM INVEST programs for more than 2,000 customers operating in various fields of activity, with an approved value of EUR592 million.
Romania's central bank has decided at its board meeting on Thursday (February 9), its second monetary policy meeting of 2023, to keep its benchmark interest rate on hold at 7% a year.
Startup firm TOKHIT based in Cluj-Napoca, which developed a social network application based on Gaming, A.I. and Blockchain, has attracted financing worth $100 million from an international investment fund, company representatives said in a press statement.
The members of the Association of Romanian Brewers re-elected Dan Robinson, Managing Director of Heineken Romania, to the position of President, starting with January 2023.
Romania's trade balance posted a deficit of EUR34.09 billion in 2022, higher by EUR10.4 billion (+44%) compared with 2021, data from the country's statistics board INS showed on Thursday (February 9).
More than half (56%) of Romania managers and entrepreneurs have hiked the sums earmarked for investments in 2023 against 2022, while 27% of them have kept them unchanged, reveals ASEBUSS Investment Index survey, a quarterly research trying to convey a clear image of Romania company investment climate.
One United Properties (ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has obtained the construction license for One Lake District, a large-scale 2,076-apartment sustainable housing development located on the banks of Bucharest’s Plumbuita lake.
Online bookstore Libris.ro in 2022 saw turnover inch up to RON68 million, from RON65 million in 2021.
Beltrame, the group that owns Donalam Calarasi and several operations in Targoviste, plans to triple production capacities at Targoviste plant this year, to 300,000 tons per annum.
The Bucharest Stock Exchange, where companies with RON230 billion total capitalization are traded, namely around 16% of Romania’s GDP, in 2022 hit a record high number of investors.
East Group (Cluj County), controlled by several entrepreneurs from Romania and Hungary, ended 2022 with consolidated revenue of RON1.063 billion (EUR215.7 million). Grain trader East Grain, the largest company of the East Group, posted more than RON714.2 million (EUR144.8 million) revenue last year, the company said.
Construction material manufacturer Soceram (Campina) plans to build a new plant in Doicesti, Dambovita County, where it already has a production facility, in order to relocate the operation.