Found 20563 news
Romania's Competition Council approved the transaction whereby Ambienta SGR S.p.A., through HoldCo 69 S.r.l., intends to take over Officine Maccaferri S.p.A. and its subsidiaries.
Goldring, one of the most active brokers in Romania in terms of listings and trading at the Bucharest Stock Exchange, has appointed Nicolae Tudor to the position of Director, Head of Sales & Trading.
Startup Pluria, which in 2020 launched a platform via which company employees have access to flexible workspaces, adapted to the new hybrid work model, has acquired Bili, a fast menu&pay mobile solution.
Romania has become the 15th largest market for Italian agri-food products worldwide, being outranked only by Poland and Greece, in Central and Eastern Europe (CEE).
IT&C solutions and systems integrator Datanet Systems ended 2023 with turnover worth above EUR41.7 million, up 12% from the previous year.
Danone Romania in 2023 registered RON1.0 billion turnover, up 18%, and RON68.4 million profit, 6% above the 2022 level.
The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) has completed the subscription process for the Bank’s second capital increase during a special meeting held in Ankara, Türkiye.
Italian group Artsana, which manufactures children's textiles in Botosani under brands such as Chicco and Prenatal, is planning to close its factory in Romania, market sources told ZF.
Perfumery and cosmetics retailer Douglas Romania has opened the 43rd store in the local market, in Zalau Value Center located in the town of Zalau, and plans to continue expansion in 2024.
Join Up travel agency, part of the similarly named Ukrainian group, started operating in on the Romanian market last year and aims to sell over 140,000 vacations to Romanian tourists this year. The agency operates only in the B2B segment, which means it sells its holiday packages to local travel agencies.
Builder M.I.S-Grup based in Bistrita-Nasaud County and held by the Farcas Family, reported a turnover of RON312.9 million (EUR63.3 million) for 2023, up 60% year-over-year, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
DHL, one of the largest courier services companies in Romania, has budgeted investments of EUR10 million in 2024 for the acquisition of electric vehicles and for its distribution centers.
Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, which they use for investments on the Bucharest Stock Exchange, among others, posted RON2.3 billion net profit in 2023, up 52% from the previous year, while revenue rose 36% to RON2.33 billion.
Netcity Telecom, the operator of the underground fiber optic network of Bucharest, ended 2023 with a 10% annual increase in turnover, to RON61.2 million (EUR12.3 million), in line with finance ministry data.
MedLife (M.RO) has informed the capital market on May 22 that Mihai Marcu, the company's Chief Executive Officer (CEO) and Chairman of the Board of Directors, on May 20 sold a total of 2.04 million M shares, at a price of RON4.42 per share, which totals over RON9 million, as per a stock market report.
National power grid company Transelectrica (TEL.RO) on Wednesday informed shareholders and investors about the appointment of its directorate members and the directorate chairman on May 22, 2024, as the provisional members’ terms were due to end on May 24.
BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, on Wednesday announced the signing of an additional act to extend the facility agreement with CEC Bank for financing day-to-day operations.
Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022.
The Dulcinella brand, originating in the Republic of Moldova and present in Romania since 2019, has opened four new pastry shops, in the cities of Bucharest, Iasi and Suceava, following a total investment of over EUR300,000.
Supermarket and convenience store chain Profi ended 2023 with a turnover of RON12.9 billion, up 11% from 2022, but the advance is half the level reported in 2022 versus 2021.20563 items