Found 19075 news
Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, had a turnover of RON25.47 million in the first quarter of 2022, up 16.8% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on a stock market report.
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 million (over EUR39 million).
Local startup firm SenseTask, which developed a smart platform for document processing, will be listed on the Seedblink equity crowdfunding platform on Tuesday (May 17) in order to attract seed funding, being supported by Constantin Marcu, a Romanian entrepreneur and business angel.
Austrian construction company Strabag reported revenues of EUR264 million in Romania in 2021, up 5% versus 2020, in line with data from the Group's latest financial report for 2021.
Banca Transilvania (TLV.RO) financial group made RON400 million consolidated net profit in the first quarter of 2022, down 39% from the RON656 million of the same time in 2021, ZF has calculated from the data in the report published on the Bucharest Stock Exchange.
Shareholders of Impact Developer & Contractor (IMP.RO), one of Romania's largest residential developers, are expected to approve at their general meeting of June 9 a measure aimed at increasing the company’s share capital by RON165.9 million, according to a stock market report.
Alex “Jay” Balan, one of the most famous names in the cybersecurity industry of Romania, who spent the last 15 years working for BitDefender, most recently as Security Research Director, has been recruited by the SuperBet group.
Most Romanians believe that since the war started in Ukraine, the EU has shown solidarity (78%) and has been united (70%) and fast (64%) in its reaction, according to a Flash Eurobarometer survey.
The Bucharest Stock Exchange on Friday said a new OMRO IFN bond issue worth RON10 million will start trading on the Multilateral Trading System, under the stock ticker OMRO26, on Tuesday (May 10).
OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the consolidated results adjusted in accordance with the Group’s standards.
Law firm Filip & Company assisted Medicover, one of the largest private healthcare providers in Romania, in the acquisition of Laurus Medical, which owns a network specializing in niche medical services covering proctology and venous system disorders.
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 5.20% a year on Friday (May 6) from 5.16% on Thursday (May 5), as per central bank data.
Amazon Development Center, the development center US giant Amazon owns in Romania, with offices in Bucharest, Iasi and Timisoara, in 2021 posted turnover worth RON555 million (EUR112.9 million), up 20% on the year.
US Apple and South Korea’s Samsung, two companies with high ambitions on the wearable gadget market, in 2021 suffered a surprising defeat by China’s Huawei, which managed to grab around a quarter of the market, by the number of delivered units, market sources told ZF.
Car parts producer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, projects EUR70.4 million turnover for this year, up 12% from 2021, in line with ZF calculations based on company data.
Fashion retailer H&M, which owns in Romania the brand of the same name and premium brand COS, in 2021 generated turnover of almost RON850 million in Romania, up 25% from the previous year.
Hotel company THR Marea Neagra, which manages 11 seaside hotels and several restaurants, doubled its turnover in 2021 against 2020.
Promed System, which controls two Wellborn hospitals in Bucharest, including in vitro fertilization centers, will open, in June, a maternity with two surgery halls and a third fertilization center in Targoviste next year,
Electrica (EL.RO) the largest actor on the electricity distribution and supply market in Romania, on Thursday night announced Corina Georgescu had been revoked from her position as chief executive officer. The interim CEO is Alexandru Chirita, data protection manager of Hidroelectrica, according to his LinkedIn profile.
The leasing activity of industrial and logistics spaces in Romania increased by 50% in the first quarter of 2022 versus the year-earlier period, exceeding the 300,000 square meter threshold and creating the premises for a new record year in terms of demand for this type of spaces, according to real estate consulting firm Cushman & Wakefield Echinox.19075 items