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.
ALPLA Group will be marketing all activities relating to large-volume plastic packaging for industrial and commercial use, such as buckets, canisters and their closure systems, under the ALPLAindustrial brand, starting May 2023.
Romania's gross domestic product (GDP) grew by 2.3% in real terms (in unadjusted data) in the first quarter of 2023 as compared to the first quarter of 2022, flash estimates from the country’s statistics board INS showed on Tuesday (May 16).
The Bucharest Stock Exchange (BVB) has announced that the shares of Romania’s largest electricity producer Hidroelectrica will be included in BVB’s indices starting with the first trading day for the company’s shares, Ziarul Financiar (ZF) daily reported.
Insurance broker Millenium Insurance (MIB.RO), which is majority owned by mobility network Autonom Services, recorded a net profit of RON1.9 million in the first quarter of 2023, up 40% on the year, as per the company's financial report.
Lion Capital (LION.RO), the largest financial investment company listed at the Bucharest Stock Exchange, that has changed its name from SIF Banat-Crisana (SIF1.RO), reported a consolidated net profit of RON68.5 million for the first quarter of 2023, as compared to a loss of RON140 million in the same period of 2022.
Pharmaceutical company Zentiva SA had a turnover of RON230 million in January-March 2023, up 36% on the year, and a profit of over RON42 million, almost nine times higher than RON5 million reported in Jan-March 2022, as per data from the company's quarterly financial report published at the Bucharest Stock Exchange.
SIF Oltenia (SIF5.RO) has notified the local stock market of the initiation of the necessary steps for the sale of the 19.83% stake held in the share capital of IAMU Blaj (IAMU.RO), a company listed at the Bucharest Stock Exchange.