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Romanians bought medicines worth RON22.2 billion (EUR4.51 billion) in the period April 2021 – March 2022, at wholesale prices, 22.6% more than in the year-earlier period, in line with the Cegedim Customer Information report.
Ioana Gorganeanu has taken over the position of Head of Marketing and Communication Mastercard for Romania, Croatia, Israel and the countries in the Balkan region.
The Board of Directors of Germany’s Schaeffler Group has appointed Stefan Gulacsi-Gologan to the position of administrator of the local division Schaeffler Romania starting May 2022.
SoftServe, a technology company and specializing in consultancy services and software development, has opened a new office in Romania’s capital city of Bucharest, as part of its strategy to expand global delivery capabilities.
Distributie Energie Electrica Romania, the electricity distribution subsidiary of Electrica Group, has an investment plan of RON689 million for 2022, for the modernization and development of the electricity distribution system.
The Bucharest Stock Exchange on Wednesday said the shares of Chromosome Dynamics will start trading on the AeRO market, the equity segment of the Multilateral Trading System, under the stock ticker CHRD, on Thursday, May 5.
Romanian video game developer Amber on Wednesday said it ended 2021 with a turnover of RON126.8 million (USD$30.5 million), up 56% versus 2020.
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 5.10% a year on Wednesday (May 4) from 5.07% on Tuesday (May 3), as per central bank data.
Stay Fit Gym, the second largest chain of gyms in Romania by the number of fitness centers opened, on Wednesday announced the full takeover of two fitness centers held by Gym District in the town of Pitesti.
Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in specialized stores (+9.8%), of non-food items (+7%) and food items, beverages and tobacco (+1.7%), in line with data from the country’s statistics board (INS).
A company of Brasov, founded in 2013 by two brothers, Tudor and Alexandru Iliescu, which has become, with its Mondly brand, a global leader on foreign language learning app market, has been acquired by British giant Pearson, the global leader of the learning services market.
DP World, one of the world’s biggest port operators, is set to invest $15 million in an intermodal terminal in Decea, near Aiud, which will connect the central area of Romania to Constanta harbour.
Romanian businessmen Manole Gheorghe and Vasile Domente are virtually turning Moldavia into Romania’s new wind power pole.
The shareholders of river shipping company Transport Trade Services (TTS) approved the Management Board’s proposal related to the distribution of RON17.8 million worth of dividends.
Craiova-based Softronic, the only manufacturer of electric multiple units and locomotives in Eastern Europe, ended the first quarter of 2022 with of growth of 52% on the year-ago period, the company officials said.
Real estate developer Impact Developer & Contractor (IMP.RO) has signed two general contractor agreements worth EUR10.48 million plus VAT or more than 10% of the net revenue in the last financial statement, the company said in a notification to the Bucharest Stock Exchange.
Beginner entrepreneurs in Romania may enroll between May 2 - 20, 2022 into the Startup Studio by Factory program launched by Raiffeisen Bank, within which business ideas are debated with mentors and specialists in order to stand a better chance of obtaining funds.
Prime Minister Nicolae-Ionel Ciuca, Energy Minister Virgil Popescu and David Muniz, Chargé d’Affaires ad-interim of the US Embassy to Romania, on Tuesday attended the signing of the contract for the sale of Exxon’s stake in the Neptun Deep block to Romgaz, a government press release says.
About 1,600 creditors of Romanian bankrupt insurer City Insurance, formerly the market leader with a 43% market share, have filed requests to recover a total amount of RON9 billion (EUR1.8 billion), in line with information from representatives of CITR, the court-appointed liquidator of the insurer.
Deloitte Romania and Reff & Associates | Deloitte Legal assisted Knauf Insulation, one of the world’s largest manufacturers of insulation solutions and part of the German Knauf group, in taking over the mineral glasswool factory Gecsat located in the Romanian locality of Tarnaveni (Mures County).19075 items