Insolvency specialist CITR has sold RON13.15 milion (more than EUR2.6 million) worth of agro-industrial assets to Cerealcom Bacau, a member of the agribusiness group Pambac, the company part of the Impetum Group said.
Technology start-up investment platform SeedBlink announces that it has opened its first branch outside Romania in Sofia, Bulgaria, as part of its expansion strategy.
Romanian business managers for the March-May period expect moderate activity growth in the processing industry, in parallel with a steep price increase in industry, constructions and trade, while the number of employees in industry, constructions and services will stay relatively stable, showed a survey by Romania’s statistics board.
Cegeka Romania, the local division of Belgian IT solutions provider Cegeka, with EUR36.5 million turnover at end-2021, aims to reach 1,000 employees locally and seeks to recruit around 300 IT specialists.
Tarsincom, a private company established in 1996 for domestic and international passenger transport, controlled by Corneliu Lucescu, saw its turnover rise by 16% in 2021 from 2020, to RON36 million.
British paper packaging producer DS Smith, present in Romania with a plant in Zarnesti, Brasov county, has invested more than EUR200 million in Romania to bolster its production capacities.
Antrepreneur Alex Ursuleanu, who controls Tinos Farm, a 20-pharmacy chain of Bucharest and Ilfov, is further looking at expansion opportunities on the pharma market, but the main challenge is the lack of specialized human resource.
Alser Forest, a forestry industry company with EUR1.5 million worth of bonds listed on the Bucharest Stock Exchange, ended 2021 with RON2.08 million net profit, up 217% against 2020, amid RON34.2 million turnover, 230% higher on the year.
Gothaer Asigurari Reasigurari has changed its name to Allianz-Tiriac Unit Asigurari on Friday, following its takeover by Allianz-Tiriac Asigurari.
Omer Tetik, CEO of Banca Transilvania, sold 100,000 shares of the bank on the Stock Exchange on Wednesday and Thursday, for a total transaction value of RON255,000, according to data published on the Bucharest Stock Exchange on Friday.