Found 19075 news
Agroland Business System (AG.RO), a Romanian retail, agriculture and food entrepreneurial group, which owns the biggest agricultural store network in Romania, said in a stock market report on Thursday (May 12) that it opened its 18th Agroland MEGA store in Romania, in western city of Timisoara.
Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC Romania.
Nuclearelectrica (SNN.OR), Romania’s sole nuclear energy producer, informed its shareholders on Thursday (May 12) that it placed with Banca Romaneasca a term deposit without extension in the amount of RON60 million, on May 11.
Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Thursday said it ended the first three months of 2022 with total revenues of EUR44 billion, up 6.2% on the year, in line with data from Allianz representatives.
Real estate developer Hagag Development Europe, part of Hagag Group of Israel, on Thursday announced a new upper-premium residential project in capital city Bucharest - H Primaverii 1, and the investment is estimated at over EUR20 million.
Softbinator Technologies, a Romanian software developer specializing in designing, developing and launching innovative products on the market, has leased almost 1,000 square meters of office space within Bucharest-based Opera Center One building in the portfolio of Austrian real estate developer CA Immo.
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news conference presenting the latest inflation report on Thursday (May 12).
The number of new investments announced in the agribusiness grew by 75% in the first four months of 2022 compared to the same period in 2021, with the total value of projects reaching EUR300 million, according to an analysis by IBC Focus.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON11.5 million for the first quarter of 2022, up 81% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on data from the stock market report.
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 5.44% a year on Thursday (May 12) from 5.37% a year on Wednesday (May 11), as per central bank data.
Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC Romania.
The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from the country's statistics board INS showed Thursday.
The operating revenue of the Bucharest Stock Exchange increased by 70% in 1Q/2022, to RON9.86 million, amid the doubling of trading revenue, both on the main stock market, and from offerings.
Amid the unprecedented energy price hikes, Nuclearelectrica, Romania’s sole nuclear energy producer and a company where the Romanian state is a majority stakeholder, reported all-time high figures in the first quarter of 2022.
The former Intercontinental hotel, currently Grand Hotel Bucharest, managed by Compania Hoteliera Intercontinental, in 2021 registered RON18 million turnover, up almost 50% from the previous year.
Dragos Sirbu, CEO of electro-IT retailer Flanco, says the company will enter Poland, and then Germany, the Czech Republic and maybe Greece in 2022.
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON102.65 million in 2021, nearly 23% above the targeted level after granting 36,097 guarantees worth a total RON17.25 billion.
Scandinavian furniture and home products retailer JYSK is continuing its expansion in Romania by opening a new store on Thursday (May 12) in the locality of Bailesti (Dolj County).
Romanian property restitution fund Fondul Proprietatea (FP.RO) plans to buy back 325 million own shares, the equivalent of 5.1% of the share capital, at a price of RON2.19 per share, between May 18 and June 24, 2022, as per a tender document approved by the financial supervisory authority ASF and published on the capital market.
Tobacco company Philip Morris International (PMI) on Wednesday said the sales of Philip Morris products on the Romanian market generated RON1.9 billion in excise taxes and RON0.6 billion in value-added tax (VAT), in 2020.19075 items