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Rodbun group, established two decades ago by Daniel Muntean and Alexandru Iancu, plans to shift from primary production and agricultural input trading to processing. Thus, on the medium term it plans to invest in a peas processing unit, according to its representatives.
Total population and company debt at end-2021 reached RON425.6 billion (EUR86.5 billion), up by RON40.2 billion or 10.4% from the 2020 level. The indebtedness growth pace sped up in 2021, to the fastest since 2008.
The high activity levels seen on the local real estate investments market at the start of 2022 indicate that the total investment volumes in Romania could exceed EUR1 billion in 2022, according to representatives of real estate consulting firm Colliers.
Romania's competition authority said on Wednesday (April 20) that it was looking into the takeover of local real estate group Maurer by investment fund Revetas Capital.
Romanian carmaker Automobile Dacia’s assembly plant in Mioveni (southern Romania) has produced the 10 millionth car, an urban gray Duster SL Extreme vehicle, on Wednesday (April 20).
Austrian construction company Strabag has won a contract worth RON327.9 million (over EUR66 million), excluding VAT, to build the new passenger terminal at Iasi airport, an EU-funded project.
Law firm CMS Romania announced on Wednesday (April 20) that Cristina Popescu was promoted to Partner starting May 1, 2022.
The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021.
EMI, a company specialized in integrated solutions and services for industrial access, has announced the complete takeover of Decran, a Belgian company specialized in the production and installation of industrial steel doors.
Real estate consulting firm CBRE Romania has assisted Austrian real estate developer S IMMO AG in the acquisition of EXPO Business Park, an office complex located in northern Bucharest.
New car registrations in Romania surged by 39.6% on the year to 28.978 units in January-March 2022, placing the country 14th in the European Union, data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed Wednesday.
Romania’s unemployment rate stood at 5.6% in 2021, lower than 6.1% in 2020, data from the country’s statistics institute INS shows on Wednesday (April 20).
The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 edition of its World Economic Outlook (WEO) report.
Amigo & Intercost, a beverage distribution company based in Odorheiu Secuiesc, Harghita County, posted RON12.3 million (EUR2.5 million) net profit in 2021, up 47% from the almost RON8.4 million (EUR1.7 million) the previous year, Finance Ministry data show.
Medical device manufacturer Hamilton Central Europe has invested more than EUR4.5 million in its Romanian operation, starting with the Mechanics department and is continuing with the development of its Metal Sheet Processing department, where it will produce metal components, the company said in a press release.
France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is interest only for one country, such as Romania.
Car parts manufacturer Coindu Romania, part of Portuguese Coindu Group, currently has 50 job openings at its factory in the locality of Curtici (Arad County), in line with data on the website of the local employment agency in Arad.
Pilis Food, a company founded by Romanian entrepreneur Puiu Elisei, has acquired the local bankrupt mushroom compost plant East Champion Union Cooperativa Agricola.
The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development and modernization of the airport infrastructure, an investment estimated at RON81.5 million (EUR16.5 million) excluding VAT.
Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the signing of the purchase agreement.19075 items