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Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe Technology Fast 50 ranking of the fastest growing tech start-ups in the region.
Tester Grup, a car distributor in the region of Moldavia through Casa Auto, has completed the refurbishment process of the Dacia – Renault – Nissan service center in Iasi (in eastern Romania), following an investment of EUR1.8 million.
The Romanian Wind Energy Association (RWEA) has appointed George Agafitei as its new president, effective November 23, 2023.
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, has announced a net loss of RON722,200 for the first nine months of 2023, from a net profit of RON3.7 million in the year-earlier, as per data from the company's quarterly financial report published at the Bucharest Stock Exchange.
The Association for the Development of Local Entrepreneurship (ADAA) has received the Award of Excellence for supporting local entrepreneurship, from the Brasov Chamber of Commerce and Industry, within the National Top of Brasov Companies.
UniCredit Bank has successfully concluded a new issuance of senior unsecured corporate bonds in RON, carried out during the 21 – 24 November 2023 period.
Life Is Hard (LIH.RO), a technology company listed on the AeRO market of the Bucharest Stock Exchange (BVB) since 2015, will benefit from the Issuer Market Maker (IMM) services provided by BRK Financial Group. On November 23, 2023, the company's market capitalization exceeded RON 57 mn.
Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average value of expectations for the next 6 months being 5.0097 units per euro and for the next 12 months 5.051/euro.
Logistic and freight forwarding group International Alexander of Arad, Romanian-held, the biggest player on this market, will go beyond EUR300 million in turnover this year after hitting EUR280 million last year, according to the company’s officials.
Stada Romania, the subsidiary of the German group of the same name, has finalized around 70% of the over EUR50 million investment in a new drug plant in Turda, Cluj county.
Accor, the biggest international hotel group active in Romania, will, by yearend, have 20 hotels under the brands part of its portfolio on Romania market, being the first international chain to reach this number.
Wiener Privatklinik Hospital, one of the largest private hospitals in Austria, has concluded a strategic partnership with Nord Medical Group (formerly Provita) that enables Romanian patients to have access to medical services whether in Romania or Vienna.
Romania's finance ministry on Thursday (Nov 23) announced that it would carry out a new issue of Fidelis government bonds for retail investors between November 27 and December 15, 2023.
Intertrade Group, a building company based in the town of Bacau and operating mostly in the infrastructure and industrial space sector, saw its turnover surging 44% on the year in 2022.
Port operator Socep Constanta (SOCP.RO) has announced in a stock market report that it attracted RON9 million from investors during the capital increase operation carried out between October 16 and November 15 by exercising preferential right.
American group Booking Holdings, a global provider of online tourism services and related services, has announced the opening of a new office floor at its Center of Excellence located in Romania's capital city Bucharest.
Orange Business has released the new Business Internet Security 2023 report, providing a detailed overview of cybersecurity challenges in the past year in the context of technological revolutions such as generative AI.
Romania’s capital city Bucharest has kept its 40th spot in 2023 too in a ranking of the world’s 50 most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail street, and places 50th out of 57 in a European ranking, in terms of retail space rents, just behind Ljubljana, as per a report by real estate consulting firm Cushman&Wakefield Echinox.
PepsiCo, one of the leading players on the snacks and beverages market, has appointed Mihaela Hristea to the position of Senior Marketing Manager of the Beverages Division.
Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due in 2034, at an annual average yield of 7.22%.19075 items