Mailing services company Pink Post, held by businessman Octavian Radu, had a turnover of RON91 million in 2020, up 6% on the year, according to company representatives.
Letiţia Pupazeanu will be the Executive Director of the American Chamber of Commerce in Romania (AmCham Romania) beginning with July 1, 2021.
The modern industrial space stock in Romania exceeded the 5 million square-meter threshold in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the surface area under construction being already pre-leased, per the Romania Industrial Destinations report released by real estate consulting firm CBRE Romania.
Romanian state-owned airline Tarom has announced that Catalin Radu Prunariu took over as the new Chief Executive Officer (CEO) starting Wednesday (June 9).
The Mercure Hotel in Galati, owned by businessman Traian Sandu, was officially opened, one year later than originally planned.
Romania's trade balance posted a deficit of EUR7.05 billion in January-April 2021, higher by EUR957.5 million compared with the first four months of 2020, data from the country's statistics board showed Wednesday.
Logistics and parcel delivery company DHL Express Romania posted growth of 6% in revenue to RON364 million last year. The growth comes amid rising online volumes.
New consumer loans in lei reached more than RON2.52 billion in Romania in April 2021, the highest level in 14 years and 4.3 times higher than in April 2020.
Italy’s fashion group Calzedonia has closed its Romanian plant which employed 400 people.
Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and MyContinental.
Romania is the only major market operated by Italian utility giant Enel where electrical bills grew in 2020, the company showed in its integrated annual report citing Eurostat data.
Lender Banca Transilvania has revised Romania’s economic growth forecast up to 6% in 2021, the highest level since 2017, from a previous forecast of 5.4%.
Romanian chemical fertilizer producer Azomures, owned by Ameropa, on Tuesday said its turnover grew 12% on the year to RON1.8 billion in 2020, of which exports accounted for 35%, per company data.
Dent Estet, MedLife group's dental services operator, has raised its stake in the DE 4 KIDS clinic in Timisoara to 100% from 52%.
Entrepreneurial companies searching for financing on the capital market will be exempted, as of July 1, 2021, from paying the processing fee when listing their first financial instrument on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange (BVB).
Farm input distributor Agrii Romania is integrating in its sales department the Amira chatbot, developed by Druid, a company specialized in conventional technology, in order to provide agents with information about hybrids, active substances and specific products used by farmers.
The number of real estate deals in Romania stood at 47,773 in May 2021, 15,684 more than in May 2020, data from the national cadaster agency ANCPI showed Tuesday.
The total assets managed by private pension funds (Pillar II and Pillar III) in Romania reached RON83.34 billion at the end of March 2021, 33% higher compared with the same period in 2020, financial regulator data showed Tuesday.
Car battery manufacturer Rombat Bistrita posted RON395.2 million (EUR82 million) revenue in 2020, down about 1% compared with 2019, ZF has calculated from Finance Ministry data.
Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, provisional (1) estimates from the country's statistics board INS showed Tuesday.