Romgermed, a mid-sized player in the private medical services market, will open a new medical laboratory in the Unirii area of Bucharest in a EUR300,000 investment and plans to develop a new polyclinic this year, an investment of one million euros, its officials said.
The four-star Hotel Cismigiu (Cişmigiu Hotel) in Bucharest, one of the city's landmark buildings, controlled by Spanish-owned Hercesa, expects a 15% increase in average occupancy this year, as well as average room rates, as it expects the business travel market to thaw, according to company officials.
Ford Romania's Craiova plant delivered more cars in January than Dacia's for the first time, as the availability of electronic components comes to dictate production volumes.
East Grain, a grain trader held by several entrepreneurs from Romania and Hungary, expects a 23% increase in revenue in 2022 compared with the RON539 million (EUR109.5 million) of last year.
Cable manufacturer Romcab Targu Mures (MCAB.RO) on Monday evening published its development strategy from 2022 to 2026, revealing at the same time last year’s revenue: EUR370 million. By comparison, in 2020 Romcab posted EUR181m revenue.
Romania's finance ministry on Monday raised RON617 million selling bonds maturing in 2025 and 2030, at annual average yields of 4.99% and 5.62%, respectively.
The Bucharest Stock Exchange on Monday said the bonds issued by software solutions provider Life is Hard, in the amount of RON4.5 million, will start trading on the Multilateral Trading System, under the ticker symbol LIH25, on Wednesday (Feb 16).
NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe, acquired 17 hectares of land in the city of Galati (eastern Romania) for a mixed-use real estate project.
2Performant (2P.RO), the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, ended 2021 with a turnover of RON25.7 million, up 27% versus 2020.
Romanian state-owned lender CEC Bank ended 2021 with an estimated (unaudited) net profit of RON355 million, higher than RON337.7 million reported in 2020, in parallel with a 22.7% increase in assets up to RON50.6 billion.
Agroland Business System (AG.RO), a Romanian entrepreneurial farm supply retail and agri-food group, will be getting market making services from BRK Financial Group as of February 15, Agroland said in a notification to the Bucharest Stock Exchange.
Romania's current account balance posted a deficit of EUR16.95 billion in 2021, 55% higher than in 2020, central bank data showed Monday.
Carrefour Romania on Monday announced new promotions: Silviu Diaconu, former Purchasing Director for Fresh Products, has been appointed Director of Supeco, the company's discount brand.