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Over 70% of investor respondents in the latest March 2024 survey conducted by the Foreign Investors Council (FIC) – Business Sentiment Index (BSI) deem legislative ambiguities and uncertainties as the main challenge faced by the business environment.
Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say.
Romania's e-commerce market is growing further, but its growth is slow, as per an analysis by MerchantPro, the local SaaS solutions platform for e-commerce, based on data recorded by online stores active on the platform.
A third of Romanian employees say they are dissatisfied with their current jobs, while 7% say they are very dissatisfied, as per the latest survey conducted by eJobs.ro and Up Romania.
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “World Economic Outlook” published on Tuesday shows.
Romania's Competition Council has approved the transaction whereby GVK Omega SGPS Unipessoal LDA, Portugal intends to take over Portugal's Greenvolt Energias Renováveis and its subsidiaries.
International rating agency Standard&Poor’s (S&P) has reconfirmed the rating related to Romania’s government debt at BBB-/A3 for long-term and short-term foreign currency debt, as well as the stable outlook.
Romania’s national power transmission company Transelectrica (TEL.RO) has inaugurated the 400 kV Overhead Power Line Portile de Fier – (Anina) – Resita.
Deloitte Romania has advised AQUILA, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, on the acquisition of Romtec Europa, a Romanian company with 30 years of experience in the production of liquids and aerosols for car maintenance.
Premier Energy group, owned by Czech investment fund Emma Capital, founded by Czech entrepreneur Jiri Smejc, has completed the acquisition of CEZ Vanzare, in the wake of which the regional client portfolio of the entire group climbs to 2.4 million household and non-household clients.
Winemaker Purcari Wineries announced its shares remain in MSCI Romania Small Cap Index after the quarterly review of the index.
Entrepreneur Cristian Rusu and his family have bought back Rus Savitar-Casa Rusu group, active in furniture production and retail, five years after they sold the company to Sweden’s investment fund Greenbridge.
Farmacia Tei and Bebe Tei, one of the most dynamic businesses on the local market, will overshoot the RON2 billion revenue mark in 2024, company officials say, who budgeted a 20% increase over 2023.
Tucano, a coffee shop network whose story began in the Republic of Moldova 12 years ago, plans to double its coffee shop chain in Romania, which currently consists of more than 35 units.
Construction company Tomoroga Construct had a turnover of RON36.2 million (EUR7.3 million) in 2023, up 70.5% from RON21.2 million (EUR4.3 million) in 2022, as per data on the finance ministry data.
Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Istanbul from June 15, 2024, and then add Milan and Barcelona in July.
MHP Consulting based in Cluj-Napoca, a provider of IT services, part of Porsche Group, reported a turnover of RON240.7 million for 2023, up 50% from RON160.2 million in 2022, as per data on the finance ministry website.
Connections Consult (CC.RO), a digital transformation company listed on the AeRO market of the Bucharest Stock Exchange, has approved the granting of dividends in the amount of RON3.3 million from the net profit recorded in 2022 and 2023.
Technology company Life is Hard (LIH.RO) has successfully completed its public offering of corporate bonds and closed the operation at a price of RON101 per unit, at which the transaction will be settled, it said in a report to the Bucharest Stock Exchange on Monday.
The largest oil producers in the European Union in 2022 were Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), data from Eurostat, the statistical office of the European Union, showed on Monday (April 15).19029 items