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The partnership between OMV Petrom and Auchan Retail Romania, which stipulates the opening of MyAuchan proximity stores in Petrom filling stations, continues with 80 more units to be inaugurated until the end of 2022, OMV Petrom said in a stock market report on Wednesday (July 13).
Amid increased telework phenomenon visible in the technology & IT sector, Equatorial, a company supporting the development of software skills via dedicated leadership programs and adapted to the specific needs of IT&C, has launched a representative survey among team leaders in Romania.
ROCA Investments, a Romanian private equity company part of Impetum Group, has launched ROCA Agri RDF, a holding specialized in agriculture.
Insurer Euroins Romania sold 1.2 million policies for all its insurance products in the first quarter of 2022, compared with 900,000 in the year-ago period and the number of customers increased by 36%, the company said.
The Board of Directors of Euroins Insurance Group (EIG) will have three new members, respectively Todor Danailov, Kremena Pateva and Prasun Singhal.
Simtel Team, a Romanian engineering and technology company, said it built 31 photovoltaic power plants for do-it-yourself retailer Dedeman, during a period of over three years of collaboration.
The number of real estate companies grew by over 20% over the last four years across Romania, reaching a total 18,653, in line with data from the National Trade Register.
The Kazakh-Romanian Energy Investment Fund (KREIF), controlled by KMG International and the Romanian State, has contracted a loan of RON119 million (about USD$24.75 million) from OTP Bank Romania for the expansion of Rompetrol gas stations by 23 units.
Many of the boards of Europe’s largest financial services companies are underweight when it comes to the skills, experience, and level of diversity that investors say are important to them, according to the inaugural EY European Financial Services Boardroom Monitor.
The third edition of 2022 Start-Up Nation program in Romania starts on July 19 with a total budget projected at RON2.2 billion.
TeraPlast, part of TeraPlast Group, the largest polymer processor in eastern Europe, has become a member of the Professional Association of Cable Manufacturers in Romania (APPCR).
Quadrant Amroq Beverages, the bottler of the PepsiCo beverages in Romania, ended 2021 with a turnover of RON1.154 billion, up almost 22% from 2020, as per finance ministry data.
Romania’s leading online retailer eMAG has a new chief marketing officer as of July 1, the company announced. The new manager, Irina Pencea, will supervise the brand and marketing strategy of eMAG and the marketing teams in Romania, Hungary and Bulgaria in her new role.
Romania’s industrial production decreased by 0.8% in unadjusted data in January-May 2022 compared to the same period in 2021 and was down 2.4% when adjusted for seasonality and number of working days, data from the country’s statistics board INS showed Wednesday.
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 6.99% a year on Wednesday (July 13) from 6.93% a year on Tuesday (July 12), as per central bank data.
Fratelli group of restaurants and clubs targets a turnover of RON70 million in 2022, up 25% compared to 2021 and almost double versus 2020.
Blue Air announced on Tuesday it did not expect new flight reschedulings or cancellations over the next few months, except for those caused by notifications from airports or related to flight safety, the airline said, after the Bucharest Court of Law extended the preventive composition procedure the company started in 2020 by 12 months.
The recovery of the Bucharest office space market continued in the first half of 2022 too, despite uncertainty and fears of an economic slowdown, according to real estate consulting firm Colliers.
Romania ranks first in Europe in terms of investment intentions, if we talk about supply and logistics chains, according to Bogdan Ion, country managing partner EY Romania and Moldova.
Romania's largest lender by assets, Banca Transilvania (BT.RO), has obtained a very good ESG Risk Rating (17) and is included in the Low Risk category following the Sustainalytics analysis in terms of ESG (Environment, Social, Governance) initiatives and performances.19080 items