Found 18957 news
Goldring, one of the most active brokers in Romania in terms of trading volume at the Bucharest Stock Exchange, aims to register this year 200 clients for the new Discretionary account service, as well as assets worth over RON50 million.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the delivery of 23,000 square meters from the CTPark Arad West project, with an additional 20,000 sqm ready for fit-out works of tenant companies.
Romania's Competition Council has announced in a press statement on July 19 that it approved the transaction through which Shoebox Product SRL intends to take over the assets related to the sale of footwear under the Skechers brand, which belong to Peeraj Brands International SRL.
Romania's Competition Council has announced on July 19 that it approved the transaction through which Revaty Limited, Cyprus, and Tradeflax Limited, Cyprus, plan to take over Thermotop Technology S.R.L.
Construction works on Phase II of the Nusco City project in northern Bucharest started in fall 2023 and the first three blocks of apartments, out of a total seven blocks of this phase, are due to be delivered at the end of 2025.
Holde Agri Invest (HAI.RO), one of the largest players in the Romanian agribusiness sector, has announced in a stock market report on July 19 that Daniel Adam resigned from the position of Chief Financial Officer of the company, effective September 1,.2024.
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised UK-based Nala Renewables Limited in its deal closed in Romania, namely the acquisition from Monsson Group of a ready-to-build photovoltaic park in Caras- Severin, with a total installed capacity of approximately 61 MWp.
The City Grill Group, one of the leading restaurant businesses in Romania, has recently opened two 5 to go coffee shops inside the Henri Coanda International Airport, following the signing of a franchising contract with the 5 to go network. City Grill expects the two coffee shops to generate more than EUR600,000 annual revenue.
Marian Gheorghe is joining the EY Romania team as Director of the Business Development Department.
Belgium's WDP, one of the largest industrial and logistics property developers in Romania, has acquired a portfolio comprising 136,374 square meters of logistics space and a land plot of over 300,000 sqm in Bucharest, Constanta and Targu Mures, in a transaction worth roughly EUR110 million.
The Orthopedics Medical Center, based in Romania's western city of Timisoara and held by a family of physicians, will be opening its fourth clinic in Timis County, in the Tomnatic commune, near Timisoara, following an investment of EUR900,000.
The Bigster SUV, which is going to enter production at Automobile Dacia's plant in Mioveni in late 2024, along with two other new compact models, will push Dacia towards global sales worth over EUR20 billion.
Romanian company Euro Testing Software Solutions, a privately-owned software company specialized in Full-Service Software Testing, Penetration Testing, Vulnerability Identification & Management, Application and Data Security, ended 2023 with a turnover of over RON28.1 million (over EUR5.6 million), up 12% on the year, as per data on the finance ministry website.
Sennheiser International Manufacturing GMBH, the Romanian branch of German headphones and audio systems manufacturer Sennheiser, reported a turnover of RON384 million for 2023, higher by RON61 million (+16%) than in 2022, as per finance ministry data.
Household cleaning and personal care products manufacturer, importer and wholesaler Interstar Chim, whose portfolio includes the brands Igienol, Rivex and Aroxol, seeks to go beyond the RON200 million turnover mark in Romania, for the first time, expecting a 13% increase in 2024.
Luchi Georgescu, the owner of Romanian cold cuts producer Meda Prod 98, one of the largest players in the market, has an investment budget of RON27 million for 2024, almost three times higher than the RON10 million level reported in 2023.
Goodpack Sarl, a company in the portfolio of investment fund CEECAT Fund II, has acquired the entire package of shares in the company Paccor from Sfantu Gheorghe, which operates in the plastic packaging film and sheet (including laminated) manufacturing sector.
Token Financial Technologies (TOKEN), a provider of digital payment solutions, has put Burak Yildiran in charge of its operations in Romania.
Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a term deposit without auto-renewal option at the Exim Banca Romaneasca, in amount of RON190 milion, due on September 18, 2024.
Romania's Finance Ministry has raised RON798 million from banks on Monday (July 15), selling benchmark bonds, above the planned level of RON400 million, at an annual average yield of 6.19%.18957 items