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Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) on Wednesday said it concluded a contract with OMV Petrom (SNP.RO) for the transport of crude oil during the August 1 - 31, 2022 period, as per a stock market report.
Germany's IT services provider adesso continues its expansion process in Europe by establishing a branch in Romania's capital city of Bucharest.
Romanian company Certion, which develops real estate projects in local seaside and mountain resorts, is set to invest nearly EUR1.5 million to establish a campus for employees in the Neptun seaside resort.
The Bucharest office space market returned to pre-pandemic levels, the industrial and logistics spaces reach new record highs and the investment market could reach its highest level in more than ten years, according to Colliers’ Mid-Year Report for 2022.
Lending in support of EU cohesion policy by the European Investment Bank Group (EIB Group) helped contain the economic fallout from the pandemic and could now help counter some of the short-term fallout from the war in Ukraine, as per a new report, EIB Group Activities in EU Cohesion Regions.
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, has completed works aimed at replacing high and medium voltage equipment at the Stanilesti and Murgeni transformer stations located in Vaslui County.
Deloitte Romania strengthens its management team by promoting Clarisa Bulai to Risk Advisory Director, Adrian Ifrim to Director with the Cyber Risk Advisory Department, Andrei Paraschiv to Director in the Consulting practice, Catalin Ruja to Director in the FSI Risk and Regulatory Advisory team, and Diana Fejer to Partner within Reff & Associates | Deloitte Legal, effective September 1, 2022.
Law firm RTPR has assisted the European Bank for Reconstruction and Development (EBRD) in relation to the loan granted to Calihory Group operating under the DONA brand, an integrated player in the Romanian pharmaceutical market.
Restart Energy, one of the largest independent energy suppliers on the Romanian market, said it signed a contract worth EUR160,000 with the company Agrocomplex Lunca Paşcani for the installation of solar power generators with a combined power of 248 kWp.
The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, went up to 7.71% a year on July 27, 2022, from 7.56% on Tuesday, in line with central bank data.
Turkey’s Sunman group, with activities in the field of toy retail, distribution and production, has acquired Noriel, a Romanian company in the same field, from investment fund Enterprise Investors.
Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague.
Upholstered furniture producer Polipol Mobile of Foieni, Satu Mare, owned by the German group of the same name, for 2021 reported turnover worth around RON185 million (EUR37.6 million), 13% higher than in 2020, in line with ZF calculations based on Finance Ministry data.
Cooling systems producer RAAL, with clients such as John Deere, Class or AGCO and over EUR65 million turnover in 2021, currently has 80 jobs available for the Bistrita plant.
Businessman Ioan Simion, founder of Sanconfind hospital of Campina opened in 2015, with a 90-bed capacity, says 2022 has been a little better than last year, with the hospital witnessing a 5% turnover increase in the first half.
Dragos Damian, CEO of Terapia Cluj, wants to drive the pharmaceuticals producer to RON1 billion turnover in financial year 2022-2023, meaning an over 15% increase vs the previous financial year, in line with ZF calculations.
Cosmetics producer Farmec Cluj has earmarked RON9 million for investments in 2022, 45% more than in 2021, in line with ZF calculations based on company data.
One United Properties (ONE:RO), one of the largest real estate developers in Romania, announced a transaction of EUR60 million on the Bucharest Stock Exchange on Tuesday afternoon through which it buys a plot of land in Sector 1 of Bucharest, on Poligrafiei Boulevard.
Shareholders of OMV Petrom (SNP.RO) approved at the Ordinary General Meeting on July 26, 2022 the management's proposal to distribute special dividends because of the company's strong financial position, OMV Petrom said in a press release.
SIF Oltenia (SIF5) has notified the capital market of its steps to withdraw from the shareholder structure of Banca de Export-Import a Romaniei (Romania's Export-Import Bank) EximBank, according to a report published on the Bucharest Stock Exchange.19080 items