Found 19058 news
Philipp Gamauf will take the position of chief financial officer (CFO) of ING Bank Romania as of March 1, at which time he will also become a member of the bank's Executive Committee, the bank announced.
Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea companies, part of PPC group in Romania, previously named E-Distributie Muntenia, Banat and Dobrogea respectively, have launched, via the electronic system for public procurement, a procedure for the purchase of as many as 300,000 smart meters.
Wargha Enayati, the founder of Regina Maria healthcare network and Enayati Medical City, has invested EUR500,000 to buy a clinic in Bucharest, InClinic Rahova, set to enter the social polyclinic network Fundatia Inovatii Sociale Regina Maria, run by the entrepreneur.
Metal tile roofing producer Blachotrapez, owned by the Polish group of the same name, which owns three plants in Romania, counts on a 25% turnover increase in 2024, after having logged a decline last year.
Doctor Teodor Holhos, founder of ophthalmology clinic Dr. Holhos, has invested EUR1.5 million in a new clinic in Targu-Mures and expects to cross the 5,000-surgery threshold amid expansion.
Grain trader East Grain of Cluj-Napoca, controlled by Czechia’s Agrofert, ended 2023 with turnover worth RON701 million (EUR141.7 million) and expects over 6% turnover growth in 2024, to RON745 million (around EUR150 million).
Metallic tile manufacturer Metigla, with a plant in Prahova county, ended 2023 with higher turnover from 2022, with structures needed for the installation of photovoltaic parks as one of the growth engines.
Alternative investment fund Evergent Investments in 2023 registered a RON200 million net profit, 73% higher than in 2022, while assets under management reached RON3 billion during December, an all-time high, according to Claudiu Doros, the company’s CEO.
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in 2023 generated net profit worth EUR7 million.
Romania's Competition Council said it was assessing an operation whereby GVK Omega SGPS Unipessaol Lda intends to take over Greenvolt Energias Renovaveis and its subsidiaries.
Romania's Competition Council announced on Friday (Feb 16) that it was looking into an operation through which SD Worx People Solutions NV intends to acquire the company Romanian Software S.R.L.
Optima Group, a leader in software solutions and B2B provider of inventory and assets services, has announced the establishment of a Board of Advisors.
ING Bank Romania supported bonds and loans (syndicated or bilateral) of more than EUR1 billion in sustainable transactions in 2023, compared to over EUR600 million mobilized in bonds and loans (syndicated or bilateral) in 2022.
PepsiCo has announced the appointment of Alexandra Rîstariu to the position of Organized Trade Director.
Real estate developer IMPACT Developer & Contractor (IMP.RO) has raised over EUR1 million in the first 72 hours of issuing a bond offer ongoing until February 23, 2024.
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same period of 2022, in line with data released by the National Institute of Statistics (INS).
The mandatory private pension funds in Romania (Pillar II) in 2023 increased by nearly 3% their ownership stake in OMV Petrom (SNP.RO), the sole oil and gas producer in Romania and the largest integrated energy company in Southeast Europe, reaching a holding of 14.2% (8.8 billion shares), in line with calculations by Ziarul Financiar (ZF) daily based on data provided by web platform DesprePensiiPrivate.ro.
The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage points (pp) for each of the two years compared to the predictions in its November 15 Autumn Forecast.
Transilvania Investments Alliance (TRANSI.RO), an alternative investment fund listed at the Bucharest Stock Exchange, ended 2023 with net profit of RON232.26 million, up 264.5% from 2022, being the best result of the last five years.19058 items