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Ascendis Group, the largest training and consulting company in the field of organizational development in Romania and the Republic of Moldova, has acquired local magazines Cariere and HR Manager, following a transaction worth RON1.5 million (EUR300,000).
PwC Romania has promoted Daniel Anghel to the position of Country Managing Partner, starting October 1, 2024.
CLA Global Limited, a major international network of independent consulting and audit firms headquartered in London, has arrived in Romania by integrating Nexia CRG consulting and professional services firm in its global network.
Life Group, the brand under which dental clinics Life Dental Spa and VivoDental operate, has recently opened a kids’ dental center in Bucharest’s Dorobanti area and a clinic in Timisoara, in the wake of total investments worth above EUR1 million.
Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, in the first six months of 2024 registered RON11 million net profit, 83% above the H1/2023 level.
Installments of RON-denominated loans taken out after 2019 will edge up starting October as loan reference index IRCC rose from 5.86% in July-September to 5.99%, the highest level since its introduction, in line with BNR data.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has finalized the acquisition of several photovoltaic parks from Danish company Jantzen Renewables.
Fuel wholesaler JT Grup Oil (stock symbol: GTG) had a turnover of RON108.8 million in the first half of 2024, slightly higher than the level reported in the same period of 2023, as per its half-yearly financial report.
Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) notified the Bucharest Stock Exchange in a report about the signing with the Energy Ministry of a financing contract aimed at "Increasing the transmission capacity of the NTS and the security of natural gas supply of the Isalnita Electrocentrale Branch (Dolj county) and the Turceni Electrocentrale Branch (Gorj county)."
SelfPay, which owns the largest network of self-service payment terminals in Romania, with over 11,200 payment stations, has announced in its half-yearly financial report a net profit of RON13.9 million for the first half of 2024, almost three times higher than the level reported in the same period of 2023.
Romania’s general consolidated budget posted a deficit of RON81 billion in January-August 2023, or 4.57% of gross domestic product (GDP), which is almost double the deficit of RON42.19 billion (2.63% of GDP) reported in the same period of 2023, finance ministry data showed on Friday (Sept 27).
Romanian retail, agriculture and food entrepreneurial group Agroland Business System (AG.RO), which owns the largest network of farm supply stores in Romania, has closed a bond sale via private placement brokered by TradeVille, after raising RON6.92 million, it said in a report to the Bucharest Stock Exchange on Friday evening.
Romanian retail, agriculture and food entrepreneurial group Agroland Business System (AG.RO), which owns the largest network of farm supply stores in Romania, ended the first half of 2024 with consolidated revenue of RON206.7 million, up 9% compared with the same period in 2023.
The officials of France-based ADEO Group, held by the Mulliez family, which owns Leroy Merlin in Romania, will not comment on the information about talks with UK’s Kingfisher over buying Brico Dépôt. They are talking about the development of the local business, however.
Damen has signed a contract with the City of Toronto (Canada) for the delivery of two ferries that will carry passengers and vehicles between the downtown Jack Layton terminal and the Toronto Islands, a major tourist destination in a high-traffic area near the shores of Lake Ontario.
Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between October 2 and October 11, 2024.
National grid operator Transelectrica (TEL.RO) notified the Bucharest Stock Exchange about the signing with the Energy Ministry of a new financing contract from the Modernization Fund for the “Pilot Project DigiTEL Power Lines of the Future – Switching the 400 kV Isaccea – Tulcea West OHL from simple circuit to double circuit” on September 27.
UK’s Kingfisher Group, which owns DIY retailer Brico Dépôt in Romania, is in talks to sell the operations in the country, market sources told ZF.
Norofert, a producer of organic farm inputs and provider of biotechnology for agriculture in Romania, ended H1/2024 with a RON1.8 million net profit, 40% lower than in the corresponding period of 2023, but above the initially budgeted level.
The names of the 15 finalist companies of BVB Arena 2024 program were disclosed last night at the already renowned Gala in the framework of the BVB Arena project organised by the Bucharest Stock Exchange.18957 items