Pharmaceutical producer AstraZeneca has extended its lease for the 1,280 square meters of office space it occupies in CA Immo's Bucharest Business Park for five more years.
New car registrations in Romania decreased 25.31% on the year in January-November, to 110,377 units, data from the association of automotive manufacturers in Romania (ACAROM) showed Wednesday.
The coronavirus crisis is starting to show effects on the residential rental market and the number of properties for rent has increased, according to a research by real estate consultancy company Colliers International.
Romania's seasonally adjusted unemployment rate inched up to 5.3% in October from 5.1% in September, data from the country's statistics board showed Wednesday.
Retail chain Profi held by buyout investor Mid Europa Partners continues expansion, having opened 22 new stores in November.
Sporting goods retailer Hervis has opened only two stores out of the planned 10 this year, amid the pandemic, Hervis Romania CEO Catalin Pozdarie says, but remains optimistic about 2021.
The Romanian stock market ended its best month in almost two years, thanks to the 9.12% rise in its main index BET in November, as the rises of indices abroad largely because of information about development of COVID-19 vaccines also made an impact in Bucharest.
AAylex Prod, part of the AAylex group, one of the largest actors in the poultry industry in Romania, posted 575.8 million lei (EUR121.5 million) revenue in 2019, an increase of 7% on the previous year, ZF has calculated from Finance Ministry data.
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom.
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom.
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, will increase its share of more than one fifth of the local market, following takeover of Aegon operations in Romania and three other countries.
Romania exported 37 million pairs of footwear last year, worth a total $930 million, the World Footwear report shows, which looks at the footwear industry of each country.
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only account for 8% of the medicine purchases of Romanian consumers, market research company Iqvia data shows cited by Dragos Damian, CEO of pharmaceutical producer Terapia Cluj.
Individual investors bought RON2.7 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday.
Romanian Te-Rox Prod, a producer of covers and harness systems for child safety seats founded by Doina and Roxana Cepalis, has sold its operations to Swedish safety group Holmbergs, which supplies safety systems for child safety seats.
Shareholders of construction materials producer TeraPlast Bistrita (TRP.RO) on Friday approved the distribution of RON45.3 million as dividends from the net profit recorded in the first nine months of 2020.
Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a share repurchase program of maximum RON30 million in order to reduce its share capital, per ZF calculations based on a stock market report.
The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75 million, per Labor Inspectorate data provided at the request of Ziarul Financiar.
Raluca Tintoiu, the former general manager of NN Pensii who decided to warn the fund's 1.9 million contributors in 2017 over political decisions that could affect their savings, has won the case against the country's financial regulator which fined her at the time.
UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the third quarter of 2020, per its latest financial report.