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Cluj-based dairy producer Bonas Import Export, listed on the Bucharest Stock Exchange in June 2021, reported a loss of RON144,196 for the first nine months of 2022 from a net profit of RON135,000 in the same period of 2021, as per data from the company’s financial report.
Chimcomplex (CRC.RO), the leading producer and supplier of vital chemical substances in the region, has approved the payment of RON127 million as interim dividends (gross amount), based on midyear financial reports, as per a decision of the Ordinary General Meeting of Shareholders.
STK Properties (STKP.RO), an investment vehicle founded by the STK Emergent investment fund for the development of a real estate project in Cluj-Napoca, announced a loss of RON37,788 for January-September 2022, from a loss of RON13,528 in 2021.
The majority (54) of countries worldwide, including Romania, want a cashless society, while the 32 countries remaining in the survey conducted by Merchant Machine reject the idea.
Polish retailer Smyk Group, specialized in selling children’s products, will be opening its first store in the town of Roman, on Thursday (Dec 1), reaching a total 27 units in Romania.
Romanian authorities issued 37,790 residential building permits in January-October 2022, 13% fewer than in the same period of 2021, data from the country’s statistics board INS showed Tuesday.
Romanians made card payments of almost EUR5 million (RON24 million) on Black Friday (November 11), either online or in physical stores, through POS or the GP tom application, according to an analysis by Global Payments, the world’s largest provider of payment services and technology.
Romanian-held TOP TECH, a business solutions integrator, plans to expand nationwide and become a top five service integrator in Romania in the next two years, according to the company’s representatives.
The affordability of buying a new home in Bucharest, calculated by real estate company SVN Romania, inched down by 1.5% in the past year, with 103.8 average salaries (8.6 years) being needed for the purchase of a two-room apartments, compared with 102.3 average salaries (8.5 years) in September 2021.
AROBS Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has announced the completion of the first stage of the Stock Option Plan scheme for the stimulation and retention of employees part of the group’s companies, a strategy via which AROBS seeks to turn teams’ members into company partners.
Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen averaging 10.56%, up from September when the analysts anticipated inflation would average 9.59%.
Learning platform Adservio, developed 14 years ago in Iasi, plans to double turnover and expand to new foreign markets in 2023, according to Alexandru Holicov, founder and CEO of Adservio.
Car parts maker Compa currently has 150 jobs available at the Sibiu plant. The company in 2021 reached an average number of 1,879 employees.
Lithuania’s Apex Alliance Group, which owns several hotels in Romania, expects to end 2022 with EUR25 million to EUR30 million revenue, its officials say.
VAT revenue, the second most important resource of the state budget and a barometer for consumer spending increased by 3% in October 2022 compared with October 2021, according to the budget execution for October published by the Finance Ministry. With a 16% inflation that month, this means a significant slowdown in consumer spending.
Romania’s finance ministry will be listing on Monday (Dec 5, 2022) four new FIDELIS government issues of bonds for the general population, at the Bucharest Stock Exchange, of which two in lei and two in euro.
Romania’s Competition Council has approved, in terms of national security, a transaction whereby Tissue Solutions Limited is acquiring the company Fidelis Research AD and its Romanian unit, Fidelis Research S.R.L..
State-run national pipeline company Conpet Ploiesti (COTE.RO) notified the Bucharest Stock Exchange about the signing of a RON32.2 million contract with OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer.
The Radisson Blu Aurum Brasov hotel, inaugurated in October, targets a turnover of EUR6.5 million in 2023 and a minimum average occupancy rate of 65%.
The net assets of the 239 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 0.7% in October 2022, to RON46.4 billion (EUR9.5 billion), and plunged 13.4% since the beginning of 2022, in line with the latest data from the Association of Fund Administrators.19750 items