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Business angel investment platform Growceanu has signed a strategic partnership with startup firm PROCESIO, which facilitates the optimization of development costs for any of the startup in the platform’s portfolio.
MedLife Medical System, the leader of the Romanian private medical services market, on Monday announced the acquisition of 100% share capital of Life Med which has two clinics in capital Bucharest that will be integrated into the Sfanta Maria network, part of MedLife Group.
Romania’s Competition Council on Monday said it approved a transaction whereby pharmacy chain Sensiblu plans to acquire five drugstores belonging to Eva Medical Farm SRL.
Opus Land Development, the developer of Cosmopolis residential compound, will invest EUR30 million in 2022 in the construction of approximately 500 new homes, the extension of the existing strip mall and in the ongoing infrastructure development of the project.
Globalworth on Monday announced the signing of a strategic partnership with CATTED for the light industry and logistics area, mainly focused on the “small business units” segment.
Lemon Design Group, whose activity is operated via two companies, reported a combined turnover of RON66 million in 2021, up 230% versus 2020, in line with calculations by Ziarul Financiar (ZF) daily based on data from company analysis platform confidas.ro.
Ropharma (RPH.RO), a pharmacy chain indirectly owned by entrepreneur Mihai Miron, reported revenues of RON473 million in 2021, up 4% from 2020, the company said in a stock market report on Monday.
Cartofisserie, the company operating the fast-food restaurant chain of the same name, reached RON36 million turnover in 2021, double the 2020 level.
Romanian-held milling and bakery company Mopan Suceava ended 2021 with RON97.7 million turnover, over 13% higher year-on-year, the highest level so far, while net profit doubled, to RON12.5 million.
Law firm Filip & Company has assisted Tiriac Group on the sale of the rights and operations of the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament to IMG UK, which is part of Endeavor group, a global leader in the events, entertainment, sport, media and fashion industries.
Romania's finance ministry will be launching two new bond issues for the general population, under the Tezaur program, with one-year and three-year maturities, available for subscription in the period April 4-27.
Romanian cloud services provider ClusterPower is building near Craiova (southern Romania) a campus consisting of five data centers connecting Romania to the world’s major data centers, within a project worth almost EUR40 million and scheduled for completion in 2025.
Real estate consulting firm SVN Romania consolidates its management team by recruiting Ionut Petcu, one of the most experienced consultants active on the land segment.
WeMat, a leading company in the commercial floors segment on the real estate market, is implementing projects covering over 200,000 square meters of flooring and 8,300 sqm of ventilated façade systems, with a total value worth over EUR15 million.
A multidisciplinary team, made of lawyers specialized in tax litigation from Reff & Associates | Deloitte Legal and tax advisors from Deloitte Romania, has obtained a final favorable decision from Romania’s Supreme Court to cancel EUR5.5 million tax decisions issued by the country’s tax regulator ANAF for a support services company, member of a group operating in the energy field.
Romania's foreign exchange reserves decreased by EUR1.73 billion in March 2022 versus February 2022, to EUR40.1 billion, central bank data showed Friday.
Over EUR18 billion will be available for projects in Romania’s energy sector through calls for the National Recovery and Resilience Plan (PNRR) and the Modernization Fund, in line with an analysis by EY Romania.
Cristian Secosan took over on Friday (April 1) the position of general manager of Delgaz Grid, the natural gas and electricity distribution company in Romania of German utility group E.ON, and that of member of the Board of Directors of E.ON Romania.
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, stagnated on Friday (April 1) at Thursday’s level of 4.6% a year, as per central bank data.
New car registrations in Romania increased by 40.25% year-over-year to a total 11,025 units in March 2022, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed Friday.19075 items