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Mediaposte Hit Mail, the main integrator of direct marketing services in Romania, controlled by a branch of the French Postal Operator, invested EUR1.5 million in a new warehouse for e-commerce fulfillment services (business line fulfill.ro).
The Board of Directors of Romania's central bank authorized on October 1, 2024 the operation in Romania of Polish instant payment system BLIK.
Romania's Finance Ministry raised RON1.42 billion from banks on Thursday (Oct 3), selling government paper in two auctions, at annual average yields of 6.02% and 6.63%, respectively.
Indoor advertising in shopping malls remains one of the most effective methods for brand marketing, as per a survey conducted in the first half of 2024 by Brand Management, the leading indoor advertising company in Romania.
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is proud to announce the opening of its new cutting-edge aluminum processing facility, CUTSMART SYSTEMS, which is set to further diversify the company's production capabilities.
Polenergia, the largest privately-held energy group in Poland, held by two investment funds, has taken over the remaining 40% ownership stake in project company Naxxar Wind Farm Four SRL (NX4), which is developing one of the largest wind farm projects (onshore) in the region, with an estimated capacity of roughly 685.6 MW, located in Tulcea County.
A multijurisdictional team of lawyers coordinated by Madalina Rachieru-Postolache, Partner Clifford Chance Badea, advised NEPI Rockcastle in connection with its latest green bonds issue, worth EUR 500 million.
Drug wholesaler Dona.Logistica, part of Dona group, expects its turnover to rise by over 20% this year, after having reported RON1.32 billion turnover and RON23 million net profit in 2023.
The number of new remote jobs on the market has declined in the past year, after during 2020-2022 period it had soared, reaching as high as over 10% of the total number of jobs posted in one year, reveals an analysis by eJobs.ro, the main online recruitment platform in Romania.
Law firm PeliPartners assisted Alfa Group in the acquisition of IRIDE Business Park from CPI group.
Local startup bonapp.eco, which sells discounted food approaching the expiration date, has in three years since launch reached 350,000 users.
Alexandrion Group, the largest producer and distributor of spirits in Romania, part of the Nawaf Salameh Family Office, celebrated the 18th anniversary of the Brancoveanu Vinars brand, one of the longest-standing brands in the group’s portfolio.
Leroy Merlin, the second largest do-it-yourself (DIY) retailer locally by turnover, has opened its first store in the town of Pitesti, following an investment of over EUR2 million.
Eucom, the leading provider of foreign language courses for the corporate sector in Romania, expects a turnover of EUR1.8 million in 2024, up 20% compared with EUR1.5 million recorded in 2023.
PepsiCo, one of the leaders in the food and beverage industry, has announced the promotion of two Romanians in its management team for the Eastern Europe region.
EVO Properties announces the first project on the Bucharest real estate market, which aims to turn the London and Oslo office buildings within the Sema Parc project into a multifunctional hub, following an investment of EUR10 million.
Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has informed the capital market on Oct 2 about the approval of funding for two projects through the Agency for Financing Rural Investments (AFIR)
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.7% in August 2024 compared to August 2023, data from Romania’s National Statistics Institute INS showed on Wednesday (Oct 2, 2024).
Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024).
Romanian drug manufacturer Antibiotice Iasi has a RON850 million investment plan until 2030, covered through a funding mix, made up of cohesion funds, state aid, PNRR funds and EIB loan, stated Sebastian Costea, executive manager for sustainability and strategic investments at the company.18957 items