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Project company Hoopeks international got the technical connection permit for a 629 MW wind farm in Galati at the end of last month, public data from the national grid operator Transelectrica show.
Libris.ro, one of Romania’s largest online bookstores, is taking steps towards the renewable energy generation with the installation of 835 solar panels on the rooftop of its book warehouse in Brasov (central Romana)
Investment fund The European Fund for Southeast Europe (EFSE) has extended the EUR8 million credit line granted to Libra Internet Bank.
Azomureş, the only producer of agricultural fertilizers in Romania, on Thursday (Sept 15) said it would adopt a new set of measures to reduce activities on the production platform for the coming months, amid the energy crisis at the European level.
Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global Payments, the world’s largest provider of payment services and technology, said in an analysis regarding the amounts of money traded by card in Romania in the two summer months.
Insulation materials manufacturer Knauf Insulation, part of Germany’s Knauf Group, has started the production of mineral wool at its factory in Tarnaveni (Mures County) after completing the first phase of the retrofitting and modernization process of the existing production line.
Romanians spent 7.7% more on fast moving consumer goods (FMCG) in the first half compared with the year-ago period, but the increase was solely because of inflation, data of the GfK Consumer Panels & Services, a survey looking into the consumer spending patterns of 6,000 households, shows.
Romanian courier company Cargus conducted an extensive study on the interest of consumers in online shopping and their preferences regarding delivery methods, between August and September 2022.
Logistics and courier services company UPS has appointed Daniela Constantinescu to the position of Country Manager for its subsidiaries in Hungary, Greece, Romania and Slovenia (HUGRROSI).
ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period.
Sport Guru, a retailer and distributor of sporting goods, had total sales of RON21.9 million in the first half of 2022, up 32% on the year, and a net profit of RON750,000.
Romania places 28th in a ranking of the 34 most attractive countries in Europe, the Middle East and Africa (EMEA) for private companies, according to PwC.
Stay Fit Gym, Romania’s second largest gym chain by the number of opened centers, controlled by investment fund Morphosis Capital, has completely taken over two fitness centers in Sibiu and Galati.
Romanian startup easySales, which set up an automated B2B management and e-commerce platform, has integrated into its own platform the courier services of Packeta Romania, a global digital platform for e-commerce, as part of its expansion strategy.
Belor Romania, part of Germany’s Belor Eurofert GmbH, for 2021 reported turnover worth RON405.9 million (EUR82.5 million), up 83% on the year. It returned into the black, with a net gain of RON19.8 million (EUR4 million), from losses of RON7.7 million (EUR1.6 million) in 2020.
Quadra Invest, an upholstered furniture producer of Targoviste, Dambovita county, owned by Gijsbert Huijink, an entrepreneur with 20 years of experience in Romanian business, exports 95% of production.
Romania’s drug production is based on 158 companies, which generated RON48 billion turnover in 2021, up 6% year-on-year. Yet, the number of companies operating on this market dropped and current challenges are putting additional pressure on this field.
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, posted consolidated revenue of RON37.6 million and RON3 million net profit in the first half of 2022.
Banca Transilvania (TLV.RO), the largest lender in Romania, has called shareholders for October 18, 2022 to vote on an issuance program of corporate bonds denominated in euros and/or lei and/or foreign currency, as the case may be, under market conditions in terms of interest rate, with a maturity of no more than 10 years and a frequency of annual or semi-annual coupon, the lender said in its report to the Bucharest Stock Exchange.
ROCA Agri RDF, the holding specialized in agriculture of ROCA Investments, has acquired Dachim, a Romanian trader of agricultural products.19080 items