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Romanian e-learning company Ascendia reported losses of RON473,588 in the first half of 2022, from net profit of RON182,300 in 1H.2021, amid RON1.4 million turnover, up 68%.
Businessman Claudiu Aron, owner of Alpin 2003 company managing hotel compound Alpin Resort Hotel, one of the largest tourism players in Poiana Brasov resort, plans to build a 120-apartment aparthotel in Romanian seaside resort Olimp.
Airline Blue Air on Tuesday announced that it would suspend all flights from Romania until Monday (September 12) because all its accounts have been blocked.
Auto parts manufacturer Aptiv Technology Services & Solutions, the former Delphi Packard Romania, currently has 200 jobs available at its plant of Ineu (Arad County), as per data on the website of Arad Employment Agency.
The summer 2022 Standard Eurobarometer survey shows increased trust of citizens in the European Union (EU) and continued strong support for the EU's response to the Russian aggression against Ukraine.
Chimcomplex (CRC.RO), Romania's largest chemical plant with industrial sites in Onesti and Ramnicu Valcea, said in a stock market report that it appointed Cosmin Baiu to the position of Deputy General Director, for a four-year term, starting September 2022.
The 123Credit.ro platform, which eases the access to personal, consumer and mortgage loans and was launched in early 2022, has raised EUR3 million through private equity fund Omnia Capital, in a second funding round.
The assets of former chemical plant Nitroporos, part of InterAgro Group held by businessman Ioan Niculae, are up for sale after the company went bankrupt several years ago.
China has retained the top position when it comes to progress toward an electric vehicle (EV) future, according to the latest EY Electric Vehicle Country Readiness Index. The Index looks at the preparedness of the top 14 vehicle markets for the arrival of EVs based on supply, demand and regulation.
MLP Group, a leading developer active on the European warehouse property market, appointed Olga Melihov as Country Head Romania.
Romania’s hotel market is expanding further and by 2023, 18 new hotels will be opened in Bucharest and countrywide, in line with the Real Estate “Romanian Hotel Market” report by Crosspoint Real Estate.
Austria’s Enery Power Holding, also present on the energy markets of Czechia, Slovakia and Bulgaria, signed an agreement to buy the renewable energy project portfolio owned by Canada’s Jade Power Trust in Romania, for EUR71 million.
Network One Distribution (NOD), Romania’s largest IT equipment distributor, will merge through absorption with bike producer Atelierele Pegas, a company it already controlled.
Poland’s Inovo VC, now raising capital for its third fund totally worth EUR100 million, plans to invest around 10-20% of this sum in tech startups of Romania.
Promed System, which controls two Wellborn hospitals in Bucharest, has opened a maternity within Militari hospital with two surgery halls and 12 places.
Carniprod Tulcea, one of Romania’s biggest meat processors, controlled by entrepreneur Nicolae Ciuleac, has invested in new equipment at the plant and plans to set up an online store to sell its products.
Mobexpert turnover rose by 6% in the first six months of this year against the corresponding period of 2021, says Adelina Badea, the company’s CEO.
Trutzi, a manufacturer of wrought iron products of Suceava, with RON350 million turnover, wants to build a new plant.
Romania's finance ministry on Monday raised RON530 million from banks selling government bonds maturing in 2034 and 2025, at annual average yields of 7.85% and 8.05%, respectively.
Transactions of apartments and houses began to decline starting with spring 2022 due to high energy costs, rising construction materials and fuel prices, in addition to rising costs associated with mortgages, according to Colliers consultants.19080 items