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eSky.ro, the Polish group's platform operating on the local market, is managed by the eSky Travel Search company, which is to be closed, and the platform will be operated by a legal entity in Poland.
Mediapost Hit Mail Group, the biggest player in direct and relationship marketing controlled by a subsidiary of the French Post, saw its business grow by 3% in the first half of this year compared with the same period last year, its officials said.
Fuchs Condimente Romania, part of the German group Fuchs, has invested EUR8.5 million in the expansion of the plant in Curtea de Arges and is investing another EUR5.5 million in machinery and automation of manufacturing processes in the coming years.
Aggregate M&A deal values in Europe increased by 31% to EUR439 billion, while the transaction volumes were down by 8% over the same period compared with the first half of 2023, shows the Outlook published by international law firm CMS together with financial data firm Mergermarket.
Romanian-held grain trader Cerealcom Dolj ended 2023 with a turnover of RON607 million, compared with over RON1.1 billion reported in 2022, as per the latest finance ministry data.
Port operator Comvex Constanta (stock symbol: CMVX) reported a turnover of RON152 million for the first half of 2024, lower than RON216 million in the year-earlier period, and a net profit of RON44 million, compared with RON104 million in the same period of 2023, as per its half-yearly financial results.
Romania's Finance Ministry raised RON500 million from banks on Thursday (Sept 12), selling government paper at an annual average yield of 6.78%.
Hungary's MOL Group has invested RON300 million over the last three years to develop Romania's infrastructure.
Dulcinella, originating in the Republic of Moldova and present in Romania with 17 pastry shops, has invested EUR100,000 in opening a new unit in capital city Bucharest, on Nicolae Balcescu Boulevard.
Romania's Competition Council is assessing the transaction through which the European Bank for Reconstruction and Development (EBRD) intends to enter the shareholding of Eldrive Holding Gmbh, together with Renalfa Solarpro Group Gmbh.
Reţele Electrice Muntenia, part of PPC Group in Romania, is organizing, via the SEAP public platform, a tender worth RON160 million for the design and execution of maintenance and modernization works on medium and low voltage electrical networks in the counties of Arad, Caras Severin, Timis and Hunedoara.
The average net salary in Romania increased by 1.3% in nominal terms in July 2024 compared to June 2024, to 5,242 (EUR1,054), data from the country's statistics board INS showed on Thursday (Sept 12, 2024).
Vodafone, one of the largest communications services providers in Romania, has nine months to implement part of the government cloud platform that is set to be the basis of digital interaction between the state and citizens and companies.
Romania mutual funds, managed by companies part of the country’s biggest banking groups, but also by independent administrators, are likely to reach 1 million clients at the end of 2025 should the recent growth pace continue.
Romania’s gold reserve has been steady in the past 17 years, at 103.6 tons, since 2007 until the present, of which 61.2 tons are deposited abroad and 42.4 tons in Romania, in line with central bank BNR information.
Dacia’s Mioveni plant is currently assembling Duster and Jogger, while Sandero and Sandero Stepway are being assembled in Morocco. The Romanian plant will start assembling compact the SUV Bigster at the end of the year.
Private equity firm SARMIS Capital, co-founded by Romanian executive Cezar Scarlat, who has extensive experience in private equity, has become a shareholder in the AEK-Deziclean Group.
Building materials producer TeraPlast Bistrita (stock symbol: TRP) has announced in a stock market report on Wednesday (Sept 11) the decision of the Board of Directors to increase the company's share capital by RON22 million.
Arad-based builder P.A.B, held by the Sandu family, has filed for bankruptcy, according to a court case registered on September 10, 2024.
Beraria H, the company operating the largest beer hall in Southeast Europe, which is located in Bucharest's Herastrau Park, has announced that it won a tender for a plot of land of over 30,000 square meters, located in Romania's north-eastern city of Iasi, where it plans to develop an extensive urban regeneration project.19292 items