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Law firm Dentons Romania has further strengthened its team in Bucharest with the addition of Oana Voda as Head of the Public Procurement Practice.
75% of Romanian consumers willing to invest in energy efficiency projects plan to resort to bank financing, above the European average of 64%, according to the European Retail Banking Radar survey released by leading global consulting company Kearney.
BRD Asset Management, the investment management company of BRD Groupe Société Générale, has launched four new investment funds, thus widening its portfolio of products intended for investments by 50%.
Leading global consulting company Kearney on Tuesday (Sept 130 released data finding that 37% of UK consumers are willing to pay a 5-10% premium for an environmental, social and governance (ESG) product over a comparable non-ESG alternative, compared to a European average of 30%.
The number of companies in Romania that set off insolvency proceedings increased in the first half of 2022 as compared to the same period of 2021, as per the latest survey conducted by Coface Romania in August 2022.
Romania's current account balance posted a deficit of EUR14.9 billion in January-July 2022, higher by 63% than EUR9.1 billion reported in the same period in 2021, central bank data published on Tuesday (Sept 13) show.
Roughly 40% of employees would look for another job if their employers asked them to work mainly from the office, as per a survey conducted at the end of August by Undelucram.ro, the largest online community of employees in Romania.
Romania placed second among European Union countries that produced the most bicycles in 2021, according to data released by EU’s statistical office Eurostat.
Electromontaj, an energy company awaiting the Competition Council’s ok to take over insolvent Hidroconstructia construction firm, is offering a maximum RON119 million to seal the deal.
Agroland Agribusiness (AAB.RO), a company that sells inputs for organic and traditional agriculture and is part of the Agroland group, reported operating revenues of RON25.9 million in the first half of 2022, up 87% from the year-earlier period and net profit of RON1.2 million, 53% higher.
Norofert Group (NRF.RO), a leading Romanian producer of organic agricultural products, on Thursday said it ended the first half of 2022 with a net profit of RON5.7 million, up 11.6% on the year, and a turnover of RON29.9 million, up 50.5% on the year, as per data from the company’s half-year financial report sent to the Bucharest Stock Exchange.
OTP Group has launched the fifth edition of the Startup Booster program and will collaborate with 12 technology startups that will test their products and services within the subsidiary banks in Ukraine, Bulgaria, Slovenia and Romania in addition to the parent bank.
Three out of four companies worldwide expect to see sales growth in 2022 and 2023, reveals the "CxO Priorities 2022” study by Horvath, a management consulting company with more than 40 years of international experience, present on the Romanian market since 2005.
Alexandrion Group, a producer and distributor of spirits and wines founded by Nawaf Salameh, has acquired 100% of the shares of Cavaway Ltd, a company based in Larnaca (Cyprus).
Cronos Med Group, a plastic surgery and medical aesthetics chain founded by physician Constantin Stan, has invested EUR700,000 in acquiring a new clinic, in north-eastern city of Iasi. The move is part of the Group's plan to expand into more cities.
Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has invested EUR2 million in implementing an omnichannel shopping solution which consisted in launching a new platform, teilor.ro, and implementing an ecosystem for customers shopping online and in physical stores.
Law firm PeliPartners has assisted Belgium's logistics space developer WDP in the acquisition of the industrial park Arad Business Park in a business transfer deal.
Romania's nuclear power producer Nuclearelectrica (SNN.RO), listed on the Bucharest Stick Exchange since 2013, benefits starting with September 7 from the Issuer Market Maker (IMM) services provided by Wood & Company Financial Services.
Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted International Game Technology PLC (IGT), one of the world’s leaders in the gaming industry, throughout a multijurisdictional transaction regarding the acquisition of iSoftBet, an online game supplier and content aggregator.
Colorock13, the investment vehicle held by Roca Industry, will merge with Romanian paint and coatings producer Sarcom, a company it fully owns.19080 items