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Bistrita-based building materials maker TeraPlast, controlled by businessman Dorel Goia, is no longer investing in a real estate project it had planned to develop in Bistrita because of recent years’ spikes in prices of construction materials and energy.
Port operator Comvex Constanta (CMVX.RO increased its revenue from RON72 million in the first half of 2021 to about RON151 million in the first half of 2022, while net profit climbed from RON12 million to about RON52 million, according to data reported Friday evening after the close of the Bucharest Stock Exchange.
Automobile Bavaria, the importer of the German BMW group, which owns the customer center and the first Rolls-Royce authorized service center in Romania, will remodel this area to meet the new Rolls-Royce standards.
2B Intelligent Soft (Bento), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, ended the first half of the year with RON11.8 million revenue, flat on the year-ago period, and a net profit of RON2.5 million, up 27%.
Global investment firm Actis, based in London, has entered Romania’s renewable energy market by buying the majority stake (51%) in the 450 MW wind farm project Vis Viva in Buzau County.
Santierul Naval 2 Mai SA, owned by the Romanian state and which controls together with Netherland’s Damen Shipyard the Mangalia shipyard, in the first six months of this year reached turnover worth RON1.3 million, 25% below the year-earlier level, and RON129,000 losses, down from RON324,000 in 1H/2021.
More than 630,000 foreign tourists visited Romania in the first half of 2022. They spent over RON1.6 billion, meaning more than RON2,600 per person.
Romania’s unemployment rate stood at 5.3% in the second quarter of 2022, down 0.7% from 1Q/2022, in line with data from the country’s statistics board INS.
Poland’s brand Zelmer, recently taken over by a Spanish group, is set to enter directly on Romania’s market.
Andi Dragus in 2005 opened Dr. Dragus stomatology clinic, in Bucharest, and is now expanding, planning to add a new unit in early 2023.
Doctor Denisa Zaharia, founder of Bucharest’s stomatology clinic Perfect Dent, forecasts 30% growth for 2022, which would take the company’s turnover to around EUR900,000, in line with ZF calculations.
Iulian Nedea, CEO of Simtel, a Romanian engineering and tech company listed on the AeRO market of the Bucharest Stock Exchange, says the company plans to expand to a west European country and enter the respective market either by setting up a local firm, or by taking over a market player.
Turkish group Memorial Hospital mulls entering Romania via the acquisition of some already operational hospitals, according to industry sources.
Nuclear power producer Nuclearelectrica (SNN.RO) on Thursday (Sept 15) announced its shareholders that it placed two term deposits in the total amount of RON200 million with lenders Banca Romaneasca and CEC Bank, respectively.
Booking Holdings, a global provider of online tourism services and related services, has officially opened the first Center of Excellence, in capital Bucharest, an investment estimated at EUR100 million over a five-year period that aims to create 500 jobs.
Project company Hoopeks international got the technical connection permit for a 629 MW wind farm in Galati at the end of last month, public data from the national grid operator Transelectrica show.
Libris.ro, one of Romania’s largest online bookstores, is taking steps towards the renewable energy generation with the installation of 835 solar panels on the rooftop of its book warehouse in Brasov (central Romana)
Investment fund The European Fund for Southeast Europe (EFSE) has extended the EUR8 million credit line granted to Libra Internet Bank.
Azomureş, the only producer of agricultural fertilizers in Romania, on Thursday (Sept 15) said it would adopt a new set of measures to reduce activities on the production platform for the coming months, amid the energy crisis at the European level.
Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global Payments, the world’s largest provider of payment services and technology, said in an analysis regarding the amounts of money traded by card in Romania in the two summer months.19735 items