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Drugmaker Zentiva Bucuresti (BSE:SCD) has appointed Hacho Agop Hatchikian as temporary member in the company's Board of Directors, effective June 6, Zentiva said in a press statement published on the website of the Bucharest Stock Exchange on June 6.
Aripi, BCR Pensii, BRD Pensii, Metropolitan Life Pensii Private and NN Pensii are the Pillar II private pension funds that were active on the Bucharest Stock Exchange in April 2024, conducting transactions with listed shares, the data aggregated by ZF show.
Approximately 150-200 new franchises open in Romania's HoReCa (Hotels, Restaurants and Catering) sector every year, and the investment value ranges from EUR30,000 to over EUR300,000, depending on the size of the restaurant, as per an analysis by franchise consulting company Franchwise.
French retailer Auchan has rebranded two Auchan Discount stores, located in the cities of Timisoara and Ploiesti, under the new discount hypermarket format ATAC, reaching three units under this concept.
Romania's Finance Ministry raised RON2.8 billion from banks on Thursday (June 6), selling government paper in two auctions, at annual average yields of 6.03% and 6.75%, respectively.
Carrefour Romania is inaugurating the first hypermarket in Bacau (eastern Romania), within the Supernova shopping center, after remodeling the former Cora store.
Artificial Intelligence (AI) tools like ChatGPT or Gemini are regularly used by 34.9% of employees of companies in Romania in their office tasks to reduce workload or get results faster, as per the latest survey by eJobs, the largest online recruitment platforms in Romania.
Romania's Competition Council is assessing a transaction through which Premier Renewable Invest Co S.R.L. intends to take over Eolica Dobrogea One S.A
Investment in production machinery and military equipment in Romania surged by 80% in 2023 compared to the pre-pandemic period, well above the EU average of 30%, totaling EUR30 billion, or nearly 9% of the GDP, as per Eurostat data analyzed by Colliers.
Romanian companies that intend to list on the Bucharest Stock Exchange, on the Main or AeRO markets, can access, from June 7, 2024, non-refundable funds that cover the costs related to running a public offer or a private placement and, subsequently, the admission to trading.
The Dulcinella brand, originating in the Republic of Moldova and present in Romania since 2019, has paid EUR800,000 for a 19,000-sqm land plot in Bucharest, where it wants to relocate cake production from Piatra Neamt.
DIY store chain Leroy Merlin, the second largest player on this market in Romania, with a 21-unit network nationwide, has leased 9,000 square meters in Pitesti Shopping Park, developed by Square 7 Properties, and will open its first store in the locality this autumn.
Romania’s Competition Council is carrying out an investigation on the IT&C equipment market, targeting several companies in the field with regard to tenders organized during the 2019-2024 period for purchases related to some IT infrastructure projects, in line with data two of the targeted firms provided at the BVB.
The Bucharest technology and operations center of London Stock Exchange Group (LSEG) posted strong expansion in 2023, with turnover, net profit and number of employees soaring.
The local TV set market in 2023 remained relatively steady both by sales volume, of around 1.3 million units, and sales value, which neared EUR400 million, in line with data provided by the local representatives of South-Korean giant Samsung, one of the world’s biggest TV set manufacturers.
Horse Romania, the local unit of HORSE Powertrain Limited, has started manufacturing the HR12 1.2-litre gasoline engine for the new Duster III.
Aluminum aircraft parts maker Universal Alloy Corp, a member of the Montana Group of Austrian entrepreneur Michael Tojner, ended last year with RON1.2 billion revenue, up 38% from the previous year, public data from the Finance Ministry show.
Five-star JW Marriott Hotel in Bucharest ended 2023 with revenue of RON175 million, up nearly 14% from 2022, as per finance ministry data, thus reporting new record revenue.
In the context in which the number of investors in mutual funds increased by 20,000 in April 2024 versus March and by 78,000 so far in 2024, all large asset management companies in Romania saw significant increases in assets, with BRD AM becoming the largest local investment management company, managing assets worth RON4.7 billion.19015 items