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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, has increased to 7.09% a year on Friday (July 15) from 7.05% a year on Thursday (July 14), as per central bank data.
Private healthcare provider MedLife (M.RO) has signed a deal to buy 99.7% in Muntenia Hospital established and run by SIF Muntenia (SIF4.RO), the group announced. The announcement comes one month after rival Regina Maria network issued a press release about buying the same hospital.
Real estate developer Impact Developer & Contractor (IMP.RO) listed on the Bucharest Stock Exchange has reached an agreement with RCTI Company to take over 51% of the latter’s shares.
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 39,822 vehicles in May 2022, 11.59% more than 35,865 units in May 2021, data from the country's carmakers association ACAROM showed Thursday (July 14).
Online commerce of fast-moving consumer goods reached 40% penetration among households in Romania in 2021 and has the potential to reach a further 1.8 million households in the medium and long run, a survey by market research company GfK Romania says.
Linde Gaz Romania, the local subsidiary of the German-American industrial group Linde Plc., the largest supplier of industrial gases in the world, reported a net profit of RON236.6 million (EUR48 million) in 2021, up 44.4% from RON163.8 million (EUR33.8 million) in 2020, as per finance ministry data.
International freight forwarding and logistics group International Alexander based in Arad had a turnover of RON502 million (EUR102 million) in 2021, up 16% from RON432 million (EUR89.3 million) in 2020, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Carrefour Romania on Thursday (July 14) announced a series of strategic appointments in the company’s Board following the promotion of two key business leaders.
Eight in ten Romanians believe that climate change is caused by human activities and 67% of them have already adjusted their purchasing behavior to limit the negative impact on the natural environment, according to the Deloitte study Sustainable Actions Index, conducted in 26 countries.
Furniture maker and retailer Mobexpert, held by entrepreneur Dan Sucu, together with real estate developer Global Vision, founded and run by Sorin Preda, are teaming up to develop and equip office spaces for Romanian small and medium-sized enterprises (SMEs).
Romania’s economy is expected to grow by 3.9% in 2022 and by 2.9% in 2023, the European Commission said in its summer economic forecast.
Agroland Business System (AG.RO), the Romanian retail, agriculture and food entrepreneurial group which owns the largest network of agricultural stores in Romania, announced in a stock market report on Thursday (July 14) the opening of the 20th Agroland MEGA store in Romania.
Romania's current account balance posted a deficit of EUR10.2 billion in January-May 2022, higher by 80% than EUR5.69 billion reported in the same period in 2021, central bank data showed on Thursday (July 14).
Romanian authorities seized more than 41 million contraband cigarettes with a market value of over RON26 million (more than EUR5 million) in the first half of 2022, according to British American Tobacco (BAT) data citing www.stopcontrabanda.ro website BAT started in 2017.
Paval Holding, the investment vehicle of brothers Adrian and Dragos Paval who own do-it-yourself (DIY) retailer Dedeman, has recently established the company Grunman Energy which will generate electricity via solar power plants installed on the rooftops of Dedeman’s seven logistics centers in Romania.
Cosmetics importer and wholesaler Sarantis Romania, held by Greece’s Sarantis Group, has budgeted a 11.6% increase in turnover up to RON453 million for 2022.
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, has increased to 7.05% a year on Thursday (July 14) from 6.99% a year on Wednesday (July 13), as per central bank data.
Hungarian builder Kesz is building a construction materials factory in Romania in Turda.
Pharmaceutical wholesaler Ropharma Logistic, a business that emerged in 2014 after large pharmacy chains were forced to separate distribution from retail, has grown steadily in recent years and plans to invest RON4.2 million in 2022, the company said.
Vitesco Technologies, a leading company in the field of modern powertrain technologies and electrification solutions and a spin-off of the Continental Group and former Continental Powertrain, will develop and produce power electronics systems in a so-called "One Box" for electric and hybrid powertrains together with the Renault Group.19080 items