Found 18957 news
Nusco, one of the leading and most active real estate market players, has sealed the partnership via which Hyatt will open its first hotel unit in Bucharest, in one of Romania’s largest urban regeneration projects, Nusco City.
Mihaela Matei, HR lead Romania, Türkiye, Cyprus and Serbia at DP World, one of the largest port operators globally, says the company expects to boost its number of employees in Romania by 10% in 2025.
Alex Melcovich BH SRL, a Merlins Beverages group company, expects to finalize the investment it has in progress in June, for which it will receive state aid through Government Decision No. 959/ 2022.
AROBS Transilvania Software (AROBS.RO). the largest technology company listed on the Bucharest Stock Exchange, has started the project of merger by absorption of three companies the group bought in the last three years – AROBS Development & Engineering, BERG Computers and Nordlogic Software, it said in a report to the Bucharest Stock Exchange on Thursday.
Romania had the highest annual inflation rate, of 5.4%, among European Union Member States, in November 2024, data from Eurostat, the statistical office of the European Union (EU), showed on Thursday (Dec.19).
D&B David si Baias, PwC's correspondent law firm in Romania, has assisted the Altex group, owned by Romanian entrepreneur Dan Ostahie, in its acquisition of the Brico Dépôt DIY store chain in Romania from Kingfisher plc.
Romania's Finance Ministry raised RON500 million from banks on Thursday (Dec. 19, 2024) selling benchmark bonds, at an annual average yield of 7.24%.
EIT InnoEnergy, supported by the European Institute of Innovation and Technology (EIT), a body of the European Union, announces the appointment of Mikołaj Budzanowski as its new Board Member and CEO of EIT InnoEnergy Central Europe, effective January 2025.
Allianz-Tiriac, the second largest insurer in Romania, ended the first nine months of 2024 with a sales volume of RON2.7 billion, up 6% from the same period of 2023.
Romania’s real estate market is readying to end a mixed year in terms of results, characterized by strong infrastructure activity, significant investment rebound, but also a disappointing economy, with a lower-than-expected GDP increase, according to Colliers consultants.
Danube freight carrier Transport Trade Services will kickstart a EUR23 million investment for the development of Canopus Constanta grain terminal.
Nuclear power producer Nuclearelectrica and international consortium Candu Energy Inc., an AtkinsRéalis company, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co signed the Engineering, Procurement and Construction (EPC) contract for the advancement of Cernavoda NPP Unit 1 refurbishment.
Real estate holding Meta Estate Trust has contracted an almost EUR1 million loan from Patria Bank to refinance 60% of its investment in Swissôtel project of Poiana Brasov.
Law firm Filip & Company assisted Mozaik Investments in the sale of a minority stake in 5 to go to investment funds Invenio Partners and ACP.
Building materials producer TeraPlast Bistrita has acquired the PVC and PE Pipe production assets of Hungarian company Wavin, via Polytech Kft subsidiary.
Nine months after its launch in Romania, Munch app that aids reduce food waste, has reached 180 partners in 291 locations of Bucharest and Iasi, marking a 40% increase over the past six months.
Dan Sucu, owner of Mobexpert and the main stakeholder in football club Rapid Bucuresti, has officially taken over the renowned Italian football club Genoa, in the wake of a capital hike financial transaction.
Danube freight carrier Transport Trade Services (stock symbol: TTS) has informed in a stock market report on Dec.18, 2024 that its Board of Directors approved the extension of a $17 million contract for the provision of integrated logistics services.
The shareholders of port operator Socep Constanta (stock symbol: SOCP) have approved the proposition of Sammarina Imobiliare, which owns 6.3% of Socep's share capital, to distribute RON55.7 million worth of dividends from the undistributed profit related to the financial years 2022 (RON39.14 million) and 2023 (RON16.52 million), the company announced in a stock market report on Dec.18.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Dec.18, 2024 about the conclusion of a transaction worth RON18.6 million with electricity supplier and trader Energy Distribution Services (EDS), on Dec.17.18957 items