Found 19007 news
Romania's foreign exchange reserves stood at EUR64.39 billion at the end of June 2024, compared with EUR65.07 billion on May 31, 2024, central bank data showed on Monday (July 1, 2024).
International hotel group Hilton Group has concluded a franchise partnership with Romanian company Izvoare Resort for the opening of the first resort in Romania under one of the Hilton brands.
Romania's Competition Council has approved the operation through which SD Worx People Solutions NV intends to acquire Romanian Software S.R.L.
The Bucharest Stock Exchange (BVB) is launching the first version of the Q chatbot, a digital solution based on artificial intelligence (AI), to answer questions from those who want to learn more about the stock exchange and stock exchange investments, according to a press statement.
Medical services network MedLife has announces in a stock market report on Monday (July 1) the signing of a new transaction regarding the acquisition of the entire package of shares in the Antares Clinic group, one of the leading providers of private medical services in Romania's region of Moldavia.
Three quarters of Romanians estimate that in the next six months they will spend more for food, clothes, DIY products and travel, reveals PwC Voice of Consumer 2024 for Romania.
Luxoft Romania, a wholly owned subsidiary of US company DXC Technology and one of the largest software development and IT solutions company in Romania, in 2023 registered rising turnover and headcount.
IBB-HIB Romania, a construction company of Bucharest, owned by Craciunescu family, has projects worth EUR270 million underway, due to be completed by 2027.
Group of firms EnergoBit, with EnergoBit SA as the largest company of the group, aims to reach RON550 million turnover this year, up from the almost RON488 million result of 2023.
Rotolito, an Italian-held company operating in the field of book and magazine printing, will invest over EUR5 million to technologically upgrade the book binding and finishing department.
Telecommunications operator Digi (DIGI.RO) on Friday evening notified the Bucharest Stock Exchange of having granted conditional stock options of 80,000 shares to CEO Serghei Bulgac and 60,000 to executive director Valentin Popoviciu on June 27, 2024, if certain performance criteria are met.
The shareholders of Hidroelectrica, the largest energy producer in Romania and the largest company listed on the Bucharest Stock Exchange approved the revised spending and revenue budget for 2024 in a meeting on Friday, June 28, the company said in a report.
Romanian group IT Genetics, a provider of equipment and software solutions for optimization and digitization of operational processes, with an international presence in Hungary, Bulgaria, Spain and Italy, posted RON70.6 million consolidated revenue in 2023, an increase of 20% on 2022.
IRCC, which banks use to set the interest rate for new loans taken since the spring of 2019, will stand at 5.86% a year in July-September 2024, calculated based on the interbank transactions in the first quarter of 2024, Romania’s central bank announced on Friday.
Proximity store network LaDoiPasi, a franchise developed by METRO Romania, has opened 60 stores in a single day, getting beyond 2,400 units countrywide.
The listing of Hidroelectrica (H2O), Fidelis government bond issues, the financial results that have brought all-time highs for stocks such as OMV Petrom (SNP), Banca Transilvania (TLV), together with the efforts by the Bucharest Stock Exchange to promote financial education, have pushed the number of active investors to an all-time high.
Romania issued 14,050 housing construction permits in the first five months of 2024, down 0.5%.
Romanian executives forecast rising activity in constructions and retail trade for June-August period, in parallel with higher prices in both fields, while headcount will be stable in industry, trade and services, in line with a survey by the country’s statistics board INS.
Medialine Romania, an international company specializing in providing complete and personalized IT solutions for medium-sized and large companies, present locally since 2002, saw turnover rise by almost 60% in 2023, to over EUR2.5 million.
Electronic parts and equipment manufacturer Zes Zollner Electronic, the local subsidiary of German concern Zollner Elektronic, for 2023 reported turnover worth RON3.086 billion (EUR624.1 million), up 18.3% from 2022.19007 items