Found 18957 news
Travel platform Vola.ro forecasts a 30% revenue increase in 2024, to RON24 million, according to Daniel Truica, its CEO.
The pandemic, the rise in interests and material prices, the work for home and the acute shortage of construction permits in the past four years have put so much pressure on the office space market in Bucharest that 2024 is the first year when no developer delivered a large office building.
Green Leaves Technical SRL, the sole licensed distributor of Chinese smart devices brand OnePlus/Oppo in Romania, ended 2023 with a turnover of RON230.9 million, down 8% year-over-year, and net profit of RON5.1 million, down 27% versus 2022, in line with data available on the finance ministry website.
Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, ended the first half of 2024 with a turnover of RON275 million (EUR55.2 million), up 15.5% year-over-year, due mostly to an increase in the volumes sold and partly to higher prices of products, in line with data provided by the company.
Bathroom furniture manufacturer Savini Due will finalize a more than EUR35 million investment project this year, which entailed construction of a new plant in Sebes with a total area of about 100,000 square meters, almost 60,000 square meters of which allocated to manufacturing sheds.
New car registrations decreased by 22.64% to 9,972 units in Romania in August 2024 compared with the same month of 2023, in line with data provided by Romanian carmakers’ association ACAROM.
Premier Energy (PE.RO) a recent addition to the main market of the Bucharest Stock Exchange, attracted eight Pillar II and Pillar III pension funds at its listing in May, which bought a little more than 10 milion shares, desprepensiiprivate.ro data show.
Biotech startup The Cat Health Company (TCHC), which aims to develop novel drugs against age-related diseases in felines, has raised a total EUR500,000 in a first pre-seed funding round.
Florin Petolea, Chief Technology & Information Officer (CTIO) with Telekom Romania Mobile Communications since January 2023, has left the mobile telecom operator after a mandate of less than two years, the company said in an announcement.
HILS Development, an entrepreneurial company dedicated to responsible real estate development, announces the pre-certification of Green Homes for the HILS Sunrise project, marking a first for the eastern area of Bucharest and an innovation in the company’s portfolio.
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.6% in July 2024 compared to July 2023, data from Romania’s National Statistics Institute INS showed on Tuesday (Sept 3, 2024).
Romania's hourly labor costs adjusted to the number of working days climbed 6.79% in the second quarter of 2024 compared to the first quarter of 2024, data from the country's statistics board INS showed on Tuesday (September 3).
The shareholders of ROCA Industry, a Romanian construction materials holding, have recently approved the proposal to launch the company’s first bond issue program on the local capital market.
Cluster Power SRL, which operates one of Romania’s biggest data centers, located near Craiova, in 2023 registered RON8.1 million turnover, down 38% year-on-year.
Concrete prefab manufacturer Prebet Aiud, in the first six months of 2024 posted RON1.87 million net profit, from RON3.71 million in the same period of 2023.
FAN Courier, leader of Romania courier services market, ended the first half of 2024 with 15% higher turnover, in line with its budget, with e-commerce still its growth engine, according to the company’s officials.
One United Properties, one of the most dynamic investors and developers of housing, office and mixed-use projects locally, will include a museum dedicated to former Ford plant, as well as a food market concept in One Gallery project.
Mineral water producer Perla Harghitei expects turnover to rise by 20% this year, with growth also supported also supported by the high temperatures that boosted beverage sales.
Czech Republic’s PPF has announced the start of the office space project The Arc in the Orhideea area in Bucharest and chose Strabag as general contractor.
Rondocarton, part of Austria’s Rondo Ganahl Group, one of the largest corrugated cardboard manufacturers in Romania, has announced acquisition of the remaining 40% held by Offset Druckerei Schwarzach (ODS) in Rondo Offset, the former Transilvania Pack&Print (TPP) in Sura Mica, Sibiu County, so that it is now its sole owner.18957 items