Found 18957 news
Belgian-held logistics space developer Warehouses De Pauw (WDP), also present in Romania, is taking a EUR250 million loan from the European Investment Bank (EIB) to install solar panels on roofs and increase the number of electric vehicle charging stations for tenants.
Winemaker Cramele Recas intends to buy into Tenuta Odobesti, joining Italian businessman Mosconi Fabrizio, who had owned the entire company until now.
Flag carrier Tarom set out to attain RON278 million profit in 2024 compared with a RON99 million loss in 2023, its spending and revenue budget published by the Finance Ministry shows.
Romania car production rose by 8.6% in the first six months of 2024 against the year-earlier period, to a total of 292,378 units, of which 169,990 cars were churned out by Automobile Dacia and 122,380 by Ford Otosan, in line with data provided by the country’s carmakers association ACAROM.
Automotive systems manufacturer Autoliv Romania will invest EUR3 million in a 5.7 MW photovoltaic project implemented by Allview Solar Energy, the green energy solutions arm of Visual Fan, in association with Waldevar Energy.
Leroy Merlin, the second largest DIY retailer locally by turnover, is readying to open a new store in Bistrita next year, also having works underway for other openings both in Bucharest and other cities.
Furniture maker Iris Service Ciuc, controlled by entrepreneur Negru Petru, in 2023 registered turnover worth RON168.1 million (EUR34 million), down 4.3% from the previous year.
Linde Gaz Romania, the local subsidiary of German-US industrial group Linde Plc, in 2023 reached turnover worth RON1.087 billion (EUR219.8 million), down around 5% from 2022, in line with ZF calculations based on Finance Ministry data.
MMM Autoparts, a producer of hoses for the automotive industry and the local subsidiary of Spain’s MMM Group, for 2023 reported turnover of RON263.5 million (EUR47.8 million), 22.6% higher than in 2022, in line with ZF calculations based on Finance Ministry data.
Car parts producer Preh Romania, a supplier to Porsche, Mercedes or Tesla, in 2023 registered turnover worth RON1.388 billion (EUR280.7 million), slightly up, by 0.65% from 2022, in line with ZF calculations based on Finance Ministry data.
Hochland Romania, a major dairy producer locally, for 2023 reported turnover worth RON832.8 million (EUR168.3 million), up 14.2% from 2022, in line with ZF calculations based on Finance Ministry data.
Delaco Distribution, held by France’s Savencia Fromage & Dairy, posted about RON594 million (EUR120 milion) revenue in 2023, an increase of 6.2% on 2022’s RON559.3 million (EUR113.4 million), Finance Ministry data show.
Remedium Farm, a 32-pharmacy chain in Cluj County, held by pharmacist Viorica Garvea, has increased revenue by 17% to RON294 million in 2023, Finance Ministry data show.
Metro has appointed Cristian Stoenica franchise director and member of the board of directors of Metro Convenience Romania, the operator of LaDoiPasi Extra brand, a franchise format for urban areas, currently being trialed.
OMV Petrom (SNP.RO) shareholders during a meeting on Thursday, July 25, approved the allocation of a special dividend – the third such dividend after those distributed in 2023 and 2022, in gross amount of RON0.03 per share.
Retailer Carrefour is inaugurating a new rebranded and remodeled hypermarket of those it got from Cora, in the Supernova shopping center on Soseaua Alexandriei in Bucharest.
Allianz-Tiriac Asigurari, part of German group Allianz and the representative in Romania of the world’s most valuable insurance brand, is the official insurer of Romanian athletes and of the delegation of the Olympic and Sports Committee (COSR) at the Paris 2024 Olympic Games.
French-held retailer Auchan is opening a new store under the ATAC Hiper Discount format in Galati on Thursday, after having opened other such stores in Brasov, Ploiesti, Timisoara and Targu Mures.
Italian restaurant Sciccheria, coffee shop Steam, artisanal gelateria Velocita, and artisanal patisserie French Revolution, all of them local businesses, have leased a total of 375 square meters of retail space in the boutique office building Arghezi 4, located in the heart of Bucharest, near Piata Universitatii (University Square).18957 items