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The asking rental prices for new apartments in Bucharest continued their upward trend in the third quarter of this year, compared with the same period last year, a survey by Premier Estate Management and Imobiliare.ro shows.
Global travel site Big 7 Travel and car comparison specialists EnjoyTravel have jointly conducted a study on the world's best places to retire and found Romania is a top choice.
Ride-sharing company Uber is available in Suceava as of November 10, 2022, reaching 22 cities in Romania at present.
Most (70%) of companies participating in a recent survey by online recruiting platform eJobs said they would offer extra pay to their employees during the Christmas season this year.
The Bucharest Stock Exchange (BVB), a fundamental institution for the capital market, is celebrating 140 years since the founding of Romania’s first stock exchange. On the 1st of December 1882, the stock and commodity exchange began trading in Romania following a High Royal Decree issued by King Carol I.
Carbochim Cluj-Napoca, Romania’s largest professional abrasives producer, indirectly controlled by businessman Iulian Dascalu, owner of Iulius Group, posted RON1.35 million profit in the first nine months of 2022, from just RON45,323 in the same period of last year.
Romania comes 31st in a ranking of the 42 European countries in terms of purchasing power, with an average of EUR8,017/capita in 2022, representing 49% of the European average, reveals a GfK survey.
Transilvania Broker de Asigurare, one of the largest insurance brokerages in Romania, posted net profit of RON7.96 million in the first nine months of 2022, up 50.6% from 2021 period.
Agroland group will continue to step up investments, a move started three years ago as in the next two-three years there will be new development opportunities for agribusinesses, believes Horia Cardos, CEO and founder of the group.
PGS Sofa & Co, controlled by Parisot family of France, currently has 63 jobs available at its plant of Biharia, Bihor plant.
Trend Furniture, a Cluj-based furniture producer, expects a 125% revenue increase in 2022 from 2021, meaning turnover will reach RON25 million.
2022 has been a good year for footwear retailer Benvenuti, with sales expected to top 2019 level, of RON132 million, by around 10%.
Transport and logistics company SLS Cargo wants to expand internationally, both with offices and own warehouses, with Bulgaria as one of the targeted markets.
eMAG, the largest local online retailer and one of the biggest actors in the region, expects sales to exceed EUR1 billion by the end of 2022, CEO Tudor Manea said on ZF Live show.
The number of companies facing imminent insolvency decreased by 10% in 2021 versus 2020, down to 5,971 firms, but grew by 7% compared to the level recorded in 2019, at the onset of the coronavirus pandemic, a survey by insolvency specialist CITR shows.
Consulting company Premier Hospitality, held by Calin Ile and Lucian Marinescu, becomes the first local company certified by international hotel group Marriott.
In 2022, companies have increased the number of employees in HR (human resources) departments by 60%, according to internal data of EXEC-EDU, a company operating on the executive education market.
Romania’s IT market maintained its annual growth rate of 15%-17%, reaching a volume of over EUR9 billion at present from EUR4.6 billion in 2015, and the value of this economic sector is expected to exceed EUR12 billion in the next two years, as per a survey by the Romanian Employers Association in the Software Industry (ANIS).
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages 11 hotels and restaurants in seaside resorts, reported a net loss of RON6.8 million for the first nine months of 2022, from a profit of RON8.9 million in the same period of 2021.
International in vitro fertilization services operator Future Life, held by investment fund CVC Capital, has acquired the majority ownership stake in CytoGenomic Medical Laboratory SRL, a company specialized in advanced genetic diagnosis, as per a press statement.19750 items