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Thinslices, a tech company established in Iasi, with operations in Berlin, Lisbon and London, has relocated its headquarters to the United Business Center 2 (UBC 2) office building within the Palas mixed-use complex, and is currently recruiting specialists.
Romania's Competition Council has announced on Dec 4 that it authorized, with conditions, the transaction through which Delhaize “The Lion” Nederland B.V. (Mega Image) is taking over Profi Rom Food S.R.L.
tbi bank, one of the leading challenger banks in Southeast Europe, has announced the appointment of Costin Mincovici, the bank’s Chief Credit Risk Officer, to the bank's Management Board.
Romania's hourly labor costs adjusted to the number of working days climbed 3.18% in the third quarter of 2024 compared to the second quarter of 2024, data from the country's statistics board INS showed on Wednesday (December 4).
Seven out of ten companies in Romania (67%) expect an increase in impact of circular economy regulations from moderate over the last 12 months to high and very high in the next five years, as shown by the Deloitte study “Circular Economy. Perception and the Stage of the Implementation in Romania 2024”, conducted this year among approximately one hundred companies on the local market.
More than half (57%) of interactions Romanians have with their banks for new product purchases are digital, a level that is almost double the 2020 one, of 30%, in line with the European Retail Banking Radar report published by management consulting company Kearney.
High volatility, rising global trade tensions, US dollar strength and a stable EUR/RON exchange rate are several forex market tendencies in 2025, assessed by iBanFirst, a leading global provider of foreign exchange and international payments.
CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable farmland.
eMAG group, the largest online retailer in the region, in the period April-September 2024, the first half of fiscal year 2025, registered $1.1 billion revenues, up 22% from the year-earlier period, amid strong growth posted in Romania, in line with the financial results posted by Prosus, its majority stakeholder.
Local construction company Concelex, held by Daniel Piturlea, expects to end 2024 with RON1.4 billion turnover and has budgeted an increase of at least 20% for 2025 against the backdrop of contracts signed and the auctions won, according to company officials.
Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, is finalizing an investment of approximately EUR3 million in 2024, which was financed with a bank loan and with the company's own funds and targeted the construction of a warehouse in Bacau (eastern Romania).
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has announced in a stock market report on Dec 3 the signing of a contract of RON250 million with Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) for works aimed at increasing the daily extraction capacity of natural gas from the Bilciuresti deposit located in Dambovita County.
The assets of the open-end investment funds managed by asset management companies in Romania touched a record high of RON26.4 billion at the end of October 2024, higher by RON7.2 billion or by 38% over a 12-month period, Ziarul Financiar (ZF) daily has calculated based on data from the Association of Asset Managers (AAF).
KoçZer, Türkiye’s leading procurement and sourcing management company, has officially announced in a press statement its entry into the European market with the establishment of its first subsidiary in Romania.
Romania's Competition Council has approved the transaction through which Mini-Farm is acquiring 10 Tinos Farm pharmacies, located in Bucharest and Ilfov County, from entrepreneur Alex Ursuleanu, the antitrust watchdog has announced in a press statement on Dec 3.
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.3% in October 2024 compared to October 2023, mainly due to a drop in prices in the energy industry, data from the country's statistics board INS showed on Tuesday (Dec 3, 2024).
Hidroelectrica (stock symbol: H2O), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, has announced that it recommissioned hydro-aggregate no.5 at its Stejaru hydro power plant following a retrofitting process.
Criboser, a road freight carrier of Oradea founded in 2006 by entrepreneur Florian Bara, currently has 38 driver jobs available.
Organic farm input producer Norofert (NRF.RO) on Monday notified the capital market of the decision of the Financial Supervisory Authority (ASF) to approve its prospectus for the sale of non-convertible, unsecured bonds.
Law firm Filip & Company assisted Poland’s Qemetica in securing the approval of Romania’s Competition Council in the acquisition of the precipitated silica product business of US PPG Group, a deal put at about $310 million.18957 items