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Nestlé Romania reported solid organic growth of 5.7% for the first nine months of 2024, which reflects the team’s commitment to delivering high-quality products and meeting the evolving needs of our consumers, stated Silvia Sticlea, Country Manager at Nestlé Romania, told an interview.
Dr. Max, a major player on Romania’s pharma market, has signed a leasing contract for 11,800 square meters in ELI Park Iasi, a project part of the portfolio of ELI Parks, one of the most dynamic developers on Romania’s logistics and industrial market.
Banks in Romania granted households and companies loans totally worth almost RON114 billion in January-August period, 28% more than in the same period of 2023, in line with data provided by the Romanian Banking Association (ARB).
AROBS Polska and AROBS Engineering, both part of AROBS group, the biggest tech company listed on the Bucharest Stock Exchange, have launched the “Close Proximity Operations Control Unit Development and Qualification” (CRIMSON) project, approved in 2024 and funded by the European Space Agency (ESA).
Real estate developer One United Properties has reported EUR190.6 million residential sales and pre-sales for the first nine months of 2024.
Electricity and electrical equipment producer Electromagnetica, has announced it wants to sell, via public auction, the entire the activity of production of electric vehicle charging stations, consisting of the entire activity of design, manufacture, operation and service related to the production of electric vehicle charging stations, technical documentation, materials, components and subassemblies, manufacture of charging stations, charging stations, ELMotion platform, at the minimum starting price of RON7 million, plus VAT.
Greek investment fund Bluehouse Capital, active on the market of Central and Southeastern Europe, has sold the space of former Eva store on Magheru boulevard, currently leased by Mega Image, to a local investor, in a deal valued at around EUR8 million.
Barleta plant of Bacau, where paper bags are manufactured for major supermarket chains, fast-food networks or bakery producers, has boosted production capacity by 15% in the wake of operated investments, according to officials.
Mobile Industrial Robots (MiR), a pioneer in Autonomous Mobile Robot (AMR), has launched MiR Fleet Enterprise, a platform designed for companies transitioning from using a small number of robots to large fleets requiring advanced automation, orchestration and traffic management capabilities, company representatives said in a press statement.
An integrated team of lawyers and advisors from law firm KPMG Legal – Toncescu si Asociaţii and KPMG Advisory, acted as consultant in the process during which Token Payment Services (TOKEN) was authorized as payment institution by Romania's central bank.
Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same group that operates the furniture plant. The decision comes one year after the Rusus bought back Casa Rusu-Rus Savitar from investment firm Greenbridge, to which they had sold it in 2019.
The volume of construction works in Romania decreased, in unadjusted data, by 3.1% in January-August 2024 and by 2.5% when adjusted for the number of working days and seasonality, data from Romania’s statistics office INS showed on Friday (Oct 18).
National grid operator Transelectrica (stock symbol: TEL) has announced in a stock market report that the construction works on LEA 220 double circuit Ostrovu Mare – RET (new high voltage power line) are in an advanced stage of execution.
French-held retailer Carrefour has finalized the integration of former hypermarket Cora Lujerului Bucharest, once the best food store in Romania by sales, in the context of its acquisition of Cora chain.
Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC) services, has finalized and grid connected its thirteenth solar photovoltaic power plant in Romania, with a production capacity of 3.2 MWp.
RetuRo, the administrator of the Deposit Return System in Romania, has announced that in September consumers returned 435 million packaging materials, thus reaching a monthly collection rate of above 81%, a result that overshot the record high of August, of 78%.
Stripe, an Irish-American fintech valued at $50 million that has globally developed an infrastructure allowing companies to accept payments by card but also via different local platforms, has reached a team made up of over 50 people in the center it opened a year ago in Bucharest and continues recruitment.
Car parts manufacturer Aptiv Technology Services & Solutions in 2023 registered turnover worth RON1.569 billion (EUR317.2 million), 2.3 times higher than in 2022, in line with ZF calculations based on Finance Ministry data.
Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of Japanese group Fujikura, for 2023 reported turnover worth RON103.5 million (EUR20.9 million), up 3.85 from 2022, in line with ZF calculations based on Finance Ministry data.
Romanian-held agribusiness group Rodbun Grup posted RON795.6 million (EUR160.8 million) revenue in 2023, up 9.3% from the previous year’s RON727.4 million (EUR147.5 million), according to ZF’s calculations based on data from the Finance Ministry website.18957 items