Found 19075 news
Austrotherm Romania, the local subsidiary of the Austrian group of the same name, a producer of polystyrene for constructions, has recently launched participation invitation for company that can provide machinery and technological equipment for a new plant the company will open in Romania.
Jozsef Varadi, CEO of Wizz Air, the biggest airline in Romania by passenger numbers, projects a 9.4 million passenger traffic in Romania in the next 12 months, namely April 2022-March 2023, almost double the level of April 2021-March 2022.
Euroins Romania is the new leader of the local insurance market, with over RON2.19 billion gross underwritten premiums at end-2021, up 67.4% from 2020, equaling a 15.4% market share, in line with information published in ASF (Financial Supervision Authority) report on the 2021 insurance market evolution.
Romania’s Finance Ministry raised RON650 million from banks via two government paper auctions at an annual yield of 6.49% and 6.37% on Thursday, April 7.
ClusterPower, a company founded by Romanian entrepreneurs Cosmin Georgescu, Vladimir Ester and Carmen Ursa Georgescu in 2019, inaugurated on the largest data center in Romania, in Mischii, Dolj County April 1, 2022.
Dental clinic network Dr. Leahu, which has a bond issue listed as DRL22 on the Bucharest Stock Exchange, has announced the opening of its 18th clinic on April 9.
Arctic, the largest manufacturer of household appliances in Romania, has opened a regional spare parts hub near the Pitesti-Bucharest highway that will supply 23 countries, as part of the development strategy in Romania and the region of its owner, the Arçelik group.
AROBS Transilvania Software, a Romanian IT company controlled by Cluj entrepreneur Voicu Oprean, listed on the AeRO market of the Bucharest Stock Exchange under the ticker AROBS, has sealed a contract to take over Enea Software Development Software Services, a subsidiary entirely held by Enea Software AB, whose parent company Enea AB is listed on Nasdaq Stockholm.
Real estate developer One United Properties bought a 3,065-sqm land plot to expand One Lake Club housing project located on the banks of Lake Tei of Bucharest.
All the 400 Petrom petrol stations will have a MyAuchan proximity store integrated inside by end-2023, with the project initiated by the two giants, OMV Petrom and Auchan, being launched five years ago. Total investments amount to EUR50 million.
Japanos restaurant chain, started in Bucharest, has opened its first unit abroad, in a touristic area of Paris.
Austria’s Wienerberger Group, which manufactures construction materials, posted some EUR105 million revenue in Romania in 2021, its last year’s sustainability report says.
Polyethylene pipe manufacturer TehnoWorld based in Suceava, northern Romania, posted RON309 million revenue in 2021, an increase of 18% on the previous year, Finance Ministry data show. The profit went down slightly to RON32.3 million, while the number of employees rose slightly to 191.
Over 80% of central banks are considering launching a central bank digital currency (CBDC) or have already done so, according to the 2022 PwC CBDC Global Index that analyses and ranks the leading retail and wholesale CBDC projects.
The modern retail stock in Romania is expected to grow by approximately 147,000 square meters by the end of 2022, of which 22% will be delivered in capital Bucharest and the remaining 78% will be delivered across Romania, both in the main regional hubs and in tertiary cities, in line with data from real estate consulting firm CBRE Romania.
Banca Comerciala Romana (BCR), the second largest bank in Romania by assets, will be listing a new corporate bond issue worth RON351.5 million, under the stock ticker BCR27, on the Main Market of the Bucharest Stock Exchange, on Friday (April 8).
Romanian cybersecurity company SafeTech Innovations (SAFE.RO), listed on the AeRO market of the Bucharest Stock Exchange, on Wednesday announced a partnership with Fidelis Cybersecurity, a US-based cybersecurity company focused on quickly detecting and responding to cyber threats and data breaches.
Romania’s beer market remained stable in 2021, with a 0.7% decrease by volume to 16.6 million hectoliters, the Romanian Brewers Association said Wednesday.
Shareholders of wine producer Purcari Wineries (WINE.RO) are expected to approve at their general meeting of April 28 a proposal to distribute a gross dividend of RON0.51 per share, with the yield reaching 4.4%.
Connections Consult (CC), a Romanian company specialized in providing software and IT service, on Wednesday announced the establishment of its wholly-owned US subsidiary, Connections Consult USA LLC (CC USA), in Fairfax, Virginia, company officials said in a statement.19075 items