Found 19015 news
The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in Romania, has bought into Premier Energy (PE.RO), following the initial public offering the natural gas and electricity supplier conducted on the Bucharest Stock Exchange.
MedLife, the main actor on the private medical service market in Romania, has opened a new Sweat fitness & wellness center in Drumul Taberei, Bucharest, following an almost EUR1 million investment.
Real estate developer Forty Management will open its first hotel under the Swissôtel brand in Hungary in partnership with France’s Accor Group in the Lagoon City complex in Budapest in 2028.
Garanti BBVA Romania has obtained a EUR10 million subordinated loan from The Black Sea Trade and Development Bank (BSTDB), with the funds set to be used inclusively to expand its local loan portfolio.
Deloitte Romania has assisted investment fund Accession Capital Partners (ACP) Credit, part of ACP Group, in granting EUR10 million funding to Mogo Romania, a company specializing in financing used vehicles and part of Latvian fintech Eleving Group.
Romanians in the first four months of 2024 paid taxes worth over EUR250 million via SelfPay self-service payment terminals, for natural and legal persons, with 1.5 million deals of this type registered.
Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, ended the first three months of 2024 with an overall EUR35.3 million volume of gross underwritten premiums, 14.5% higher than in the year-earlier period.
CTP, the largest owner and developer of logistic and industrial spaces by gross leasable area (GLA) in Europe, has acquired from Globalworth, the main office investor in CEE, an industrial portfolio of 270,000 square meters GLA and 30 hectares of land in six key locations of Romania.
DN Agrar Group, Romania’s largest integrated livestock farm, in the first quarter of 2024 posted RON40 million turnover, down 9%, and RON8 million net profit, 5% lower than in the year-earlier period amid 25% cheaper milk.
Cooling systems producer RAAL Bistrita, with clients such as John Deere, Class and AGCO, for 2023 reported turnover worth RON383 million (EUR77.4 million), down 1.6% from the previous year, in line with ZF calculations based on Finance Ministry data.
Bacau-based Agricultorul, a grain and fertilizer trader, has a RON13 million investment budget for 2024, with the largest project envisaging the setting up of a logistics platform in Onesti.
The officials of Italian group Artsana, which manufactured children’s apparel in Botosani under brands such as Chicco and Prenatal, have announced they started the local plant sale process.
German retailer Kaufland, present in Romania with around 180 hypermarkets, invested RON1.35 billion (EUR275 million) in Romania in 2023, relatively flat from the level reported in each of the past years.
Telecommunications operator Digi Communications (DIGI.RO) notified the Bucharest Stock Exchange on Monday evening of having bought Telekom Romania Mobile from Greece’s Hellenic Telecommunications Organization (i.e. OTE).
NN Pensii, Romania's largest Pillar II private pension fund, to which 2 million Romanian employees contribute part of their gross monthly income, has become a shareholder of Premier Energy (PE.RO), following the initial public offering of the natural gas and electricity supplier on the Bucharest Stock Exchange.
ING Bank Romania posted total revenue of RON877 million in the first quarter, up 11.2%, and net profit of RON347 million, 1% higher than in the year-ago period, the bank said on Monday.
State-run Hidroelectrica (H2O.RO) announced during an event on May 24 that it had a RON1 billion investment budget to be used in 2024-2028 for Uzina Constructoare de Masini Hidroenergetice (UCMH), a business sold by UCM Resita (UCM.RO) to the green electricity producer.
Grampet, the largest private railway group and logistics operator in Romania and Central and South-Eastern Europe, held by Gruia Stoica, is opening a transshipment terminal for agricultural products from Europe, located in Dornesti (Suceava County), on the border with Ukraine.
Fırat Elhüseyni will be appointed President and CEO of Ford Otosan Craiova, effective June 1, replacing Müjdat Tiryaki, who will take on new responsibilities at the company's headquarters in Türkiye as Next Generation Manufacturing Lead.19015 items