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The Bucharest office of CEE / SEE law firm Wolf Theiss has announced that Roxana Dudau became Partner and will also coordinate the Real Estate & Construction practice in Romania starting September 1, 2022.
Romania's nuclear power producer Nuclearelectrica (SNN.RO) announced in a stock market report that it appointed Marian Serban to the position of Deputy Operations General Manager starting September 1, 2022.
PeliPartners has assisted GTC, one of the leading commercial real estate companies in the CEE region, during the process of selling the A-class Cascade Office Building, one of the landmark office buildings in central Bucharest, via a share deal to Hungarian Crown Holding Kft. a real estate investment company active on the Hungarian and Romanian real estate market.
Softbinator Technologies (CODE.RO), a Romanian company providing software development services based mostly on blockchain, artificial intelligence and DevOps, reported a net profit of RON1.9 million, on an individual level, in the first half of 2022, up 35% on the year, and a turnover of RON8 million, up 18.6% on the year, as per calculations by Ziarul Financiar (ZF) daily based on data from the company’s half-year financial report.
Softbinator Technologies (CODE.RO), a Romanian company providing software development services based mostly on blockchain, artificial intelligence and DevOps, has summoned its shareholders on October 12, 2022 to approve the unfolding of a program for the issue of corporate non-convertible bonds worth RON20 million tops.
Real estate developer Impact Developer & Contractor (IMP.RO) has summoned its shareholders on October 7, 2022 to approve a share capital increase through cash contribution, through one or several issues of new ordinary shares with a value that must not exceed 250 million newly issued shares.
The management board of building materials producer TeraPlast announced it approved the setting up of the company, as a sole associate, of a limited liability company in Hungary, in Berettyóújfalu locality, with a total share capital of HUF3,000,000 (RON35,980).
Restart Energy, one of the largest independent electricity suppliers in Romania, announced it has signed a EUR120,000 contract with paver manufacturer Elis Pavaje, owned by Gota family, for the installation of 320 photovoltaic panels on the rooftop of Petresti unit.
SafeTech Innovations, a Romanian cybersecurity company listed on the AeRO market of the Bucharest Stock Exchange, for 1H/2022 reported total revenues worth RON15.3 million, up 16% from the year-earlier period, RON10.7 million turnover, up 15%, and net profit of RON2.6 million, 104% higher than in the same period of last year.
Retail turnover, the main barometer for private consumption, in the first seven months of this year went up by 4.8% in gross series, from the same period of last year, amid rising sales of fuel (by 8.5%), non-food items (5.2%) and foodstuffs, beverages and tobacco (2.2%), in line with data from the country’s statistics board INS.
Veeam Software, a provider of solutions ensuring data availability and recovery, headquartered in Columbus, US, in 2021 posted in Romania net turnover worth RON200.4 million (EUR40.7 million), over 21% higher than in 2020.
Atos IT Solutions and Services, the local subsidiary of the French group of the same name, one of Europe’s biggest IT&C integrators, in 2021 posted net turnover worth RON545.8 million (around EUR110.9 million), slightly higher than the 2020 level, while its net profit slid by almost 30% from RON119.7 million (EUR24.7 million) in 2020 to RON84.3 million (EUR17.1 million) in 2021.
China’s Huawei, one of the world's biggest players on the phone, PC and wearable gadgets market, plans to strongly develop sales on the B2B segment in Romania, from small and medium-sized companies, to large ones and governmental organizations, a step envisaging the setting up of a dedicated team.
Prices of Bucharest’s old three-room apartments dropped, on average, by EUR150 or 0.1% in August month-on-month, to EUR109,100, shows ZF real estate index compiled with real estate consultancy SVN Romania.
Adrian Garmacea, owner of Bacau-based windows manufacturer Barrier, plans to open five warehouses across Italy, one of the company’s main export markets, in a bid to ease up sales.
Four-star hotel Capital Plaza, opened in 2009 on Iancu de Hunedoara boulevard and controlled by Romanian entrepreneurs, forecasts over EUR2 million revenues for this year.
HTEC Group, a global consulting, software engineering and digital product development company based in San Francisco, on Friday (Sept 2) announced the acquisition of Sarajevo-based Mistral Technologies.
Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, had a net profit of RON13.6 million in the first half of 2022 as compared to a net loss of RON36 million in the year-earlier period, as per its half-year financial report sent to the Bucharest Stock Exchange.
New car registrations in Romania decreased by 22.26% to a total 12,538 units in August 2022 versus August 2021, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed Friday.
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ends the week at 7.93%, after staying flat at 7.95% in the past two trading days, central bank data show.19080 items