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Dentons, the world’s largest global law firm, advised NEPI Rockcastle on a EUR60 million green financing for Ploiesti Shopping City from a syndicate of lenders led by BRD Groupe Société Générale.

The mergers and acquisitions (M&A) market in Romania reached a record high in terms of value and number of transactions in 2022, as the total estimated market value for both disclosed and undisclosed value transactions reached approximately EUR6.5 billion-EUR7.5 billion, while disclosed value transactions amounted to EUR4.1 billion, according to an analysis by Deloitte Romania.

Delivery service company Sameday Group ended 2022 with a turnover of RON800 million, up 28% from 2021, after entering the markets of Hungary and Bulgaria and expanding the easybox network by 58%.

NextUp Solutions, one of the largest business software solutions companies, with more than 5,500 companies in its customer portfolio, saw a 50% increase in turnover at end-2022 versus 2021, company representatives said in a statement.

2022 was the best year in the labor market for candidates and employees, in terms of the large number of jobs available in the market and the efforts made by employers to attract and retain them – raising salaries, diversifying the packages of extra-salary benefits or flexibility related to hybrid work.

Law firm KPMG Legal- Toncescu si Asociatii continues its expansion by employing two experienced senior lawyers, namely, Sandra Frunzulica and George Manea.

The 500 largest family businesses in the world are vital to the health of and are growing faster than the global economy. Collectively, they generate US$8.02 trillion in revenues and employ 24.5 million people worldwide across 47 jurisdictions, high enough to be the third largest national economy by revenue, behind the US and China, according to the 2023 EY and University of St.Gallen Family Business Index.

Romgaz (SNG.RO), a natural gas producer and supplier controlled by Romania’s Energy Ministry, estimates that it will pay RON906 million as a so-called solidarity tax that the Ciuca Government implemented through an emergency ordinance at the end of 2022 and which taxes the windfall profits of oil and gas companies.

The Bucharest Stock Exchange (BVB) is expanding the BVB Research Hub platform by enlarging the number of companies covered by research reports, to include most of the companies in the BET index, as well as other companies.

Romanians registered 129,328 new passenger cars in 2022, up 6.7% from 2021, placing Romania 13th in Europe, in line with data from the country’s carmakers association ACAROM and ACEA.

Bucharest’s four-star hotel Cismigiu, one of the monument buildings of the city, controlled by Spain’s Hercesa, ended 2022 with EUR1.5 million turnover and for 2023 has budgeted EUR1.7 million, a level close to the 2019 one.

AROBS Transilvania, the biggest technology company listed on the Bucharest Stock Exchange, has announced the acquisition of the entire stake in Centrul de Soft GPS SRL, known on the market under the CDS brand, a Romanian provider of fleet management solutions.

Almost 240,000 square meters of new malls, shopping centers or expansions overall are likely to be delivered this year, triple from 2022, when 82,800 square meters of retail spaces were delivered, in line with Colliers.

Romanian pharmaceutical producer Antibiotice Iasi has budgeted RON580 million revenues for 2023, up 11% year-on-year and RON42 million net profit, 10% higher than in 2022.

Birth rate decline has become one of the most obvious problems Romania is currently coping with.

SafeTech Innovations, a Romanian-held cybersecurity company, received approval from the Financial Supervisory Authority (ASF) on Tuesday to transfer from the AeRO market to the main segment of the Bucharest Stock Exchange.

The Trident dental clinics in Bucharest generated RON20 million revenue in 2022, an increase of 34%, and the plans of entrepreneur Florin Lazarescu, a dentist by profession, are to boost the patient capacity in each clinic. New technology acquisitions - scanners and milling units - are also on the list of targets to continue the digitization strategy in dentistry.

The modern commerce universe exceeded the threshold of 4,000 stores in 2022 after the big retail chains opened more than 400 new units and closed some 20 units.

Romanian regional investment fund SIF Banat Crisana is summoning its shareholders on February 24, 2023 to change its name into Lion Capital.

Brick maker Cemacon Cluj-Napoca (CEON.RO) said in a stock market report on Tuesday (Jan 17) that Paval Holding, the real estate investment vehicle of the Paval family (owners of DIY retailer Dedeman), had bought RON194,000 worth of shares from stock market investors at the trading session of Jan 13, 2023.