Found 19029 news
Cluj-Napoca based grain trader East Grain, held by Agrofert, the largest agribusiness and food industry group in the Czech Republic, has budgeted EUR3.9 million investments for 2024 to increase the storage capacity, the number of trucks and get ERP systems.
Arctic Stream (AST.RO), an IT infrastructure and security integrator, has announced the signing of a memorandum of understanding regarding the transfer of 23% of the share capital of cybersecurity services provider Data Core Systems (DCS), as per a press statement which did not disclose the value of the transaction.
The first quarter of 2024 ended with a more than 4% increase in old three-room apartment prices in Bucharest in March compared with the year-ago month, because of three areas with a double-digit rise – Oltenitei-Brancoveanu, Mosilor-Stefan cel Mare and Drumul Taberei.
CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties, has leased out 3,600 square meters of production space at CTPark Oradea Cargo Terminal to leading Asian EMS (Electronic Manufacturing Services) company Etron Technology.
Romania's government debt reached RON802 billion in January 2024, in line with the latest finance ministry data.
Nuclearelectrica (SNN.RO). the only nuclear power producer in Romania, has amended the agenda of the Extraordinary General Meeting of Shareholders set for April 25-26 to add an item about an agreement for project management services, technical assistance, consultancy and staff training for the retooling of the Cernavodă Unit 1.
Premier Restaurants Romania, the operator of the McDonald’s restaurant chain in Romania, exceeded the 6,000-employee threshold in February 2024, following the expansion of the network.
MedLife, the largest network of private medical services in Romania, has announced in a stock market report on April 3 the entry into the shareholding of Personal Genetics, a human medical genetics center with national coverage, established in 2011.
Romania’s unemployment rate dropped to 5.6% in February 2024, lower by 0.1 percentage points compared to 5.7% in January 2024, data from the country’s statistics institute INS show on Wednesday (April 3, 2024).
Builder IBB Holding Group, founded by Craciunescu family in Ilfov county, has opened a concrete station in Mogosoaia, northern Bucharest, in the wake of a RON7.5 million investment.
eMAG, a major player on the online retail market in the region, ended fiscal year 2023, which closes for the group on March 31, 2024, with a two-digit increase and its representatives expect the same growth for the current year.
New car registrations in Romania posted a 25% decline in March 2024 against the same month of 2023, to 9,156 units, in line with data provided by Romanian carmakers’ association ACAROM.
Telecom services provider Adisam Telecom saw a boom in turnover and net profit in 2023, in line with finance ministry data.
Rompetrol Rafinare, a member company of the KMG International Group and the owner of Petromidia Navodari and Vega Ploiesti refineries,, has projected in its 2024 budget of revenue and expenditure a net turnover of RON15.5 billion.
Competition Council is assessing the transaction whereby Banca Transilvania intends to acquire the entities in Romania of Hungary's OTP Group, respectively, OTP Bank Romania, OTP Leasing Romania IFN, OTP Asset Management Romania S.A.I., OTP Factoring S.R.L. and its subsidiaries, OTP Consulting Romania S.R.L., OTP Advisors S.R.L. and OTP Bank Romania Foundation.
Arctic, the largest home appliances manufacturer in Romania, which owns two plants in Dambovita County, is changing its shareholder, so it will be held by Beko Europe.
Romania's beer market continued to decline in 2023 for the second consecutive year, reaching 15 million hectoliters, 5% fewer than in 2022, in line with data provided by the Romanian Brewers Association.
Groupama remained the leader of the RON18.2 billion insurance market in Romania in 2023, following a 37% increase in gross written premiums to more than RON4 billion.
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 6.3% in February 2024 compared to February 2023, considering that prices on the domestic market fell by 9% and prices on the non-domestic market rose by 1.4%, data from Romania’s National Statistics Institute INS showed on Tuesday (April 2, 2024).
Romania’s insurance market ended 2023 with gross written premiums of RON18.2 billion, an increase of 10% on 2022, of which general insurance premiums accounted for RON15.2 billion and life insurance premiums for RON2.96 billion, the Financial Supervisory Authority says in its report on the performance of the insurance market in 2023.19029 items