Found 19075 news
The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in 2022, lowering its November forecast that pointed to 4.4% GDP growth.
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said in a stock market report on Thursday that it would carry out a program for the repurchase of a package of 900,000 own shares, respectively 0.29% of the company's share capital, for a total price of RON20.8 million.
Seven in ten investors on the Bucharest Stock Exchange trade at least once a month and 60% invest in a company for a period shorter than six months, in line with a survey by Cornerstone Communications, local firm specialized in investor relations and capital markets consultancy, together with MIA Marketing, a Romanian market research company.
Romania's seasonally adjusted unemployment rate reached 5.7% in February 2022, the same level as in January 2022, data from the country's statistics board INS showed Thursday.
Softnews Net, the company behind software distribution network softpedia.com, saw net profit top RON19 million (EUR3.8 million) in 2021, in the wake of the biggest increase since the company was founded, of 112%, against 2020.
At this moment, Siemens Energy has 199 jobs available for Romania, with 192 in Bucharest.
Entrepreneur Florin Madar, owner of construction materials wholesaler Temad of Brasov, considers optimizing the network of warehouses he owns locally so that, through better infrastructure, he can cover nationwide demand, but from fewer subsidiaries.
Agroland group, active in the retail, agriculture and food sectors, is carrying out investments to the end of cementing its foothold on the egg market and make inroads on the market of poultry producers, explains Horia Cardos, CEO and founder of Agroland Business System.
Chronolink, the sole importer of Rolex brand in Romania, last year hit turnover worth a little above RON70 million, up 70% from 2020 and double the 2019 level, in line with ZF calculations based on confidas.ro data.
Czech-held investment group PPF, which owns Pro TV and two office buildings in Bucharest, has bought a plot of land in the west of the city from Czech real estate developer RC Europe and plans to use it for an office building called ARC.
Romanian startup ATLAS, which developed the telemedicine platform atlas.app, has attracted an investment of EUR500,000 from eMAG Ventures, the investment program for technology companies, in order to continue the development of the platform at local and regional level and to ease access to medical services for as many people as possible with the help of technology.
CTP, a developer of industrial and logistics space in Romania, is strengthening its management team by appointing Razvan Danciu as Head of Property Management.
Apa Nova Bucureşti (ANB), the water and sewerage services provider in the capital city Bucharest, has invested EUR500,000 in fitting out a new ultra-modern post-operative ward fully equipped with state-of-the-art medical equipment, at the Floreasca Clinical Emergency Hospital in Bucharest.
Investments on the Romanian real estate market totaled EUR1.8 billion in the last two years (2020-2021), compared to EUR1.6 billion in 2018-2019, with a total 78 properties being transacted in 2020-2021, compared to 72 assets traded in 2018-2019, in line with a survey by Cushman & Wakefield Echinox.
Romanian aluminum processor Alumil Rom Industry (ALU.RO) ended 2021 with a net profit of RON6 million, up 63.4% from 2020, and a turnover of RON90.8 million, up 24.5% on the year.
Romanian startup Vestinda, which developed a marketplace dedicated to crypto investments, on Wednesday announced the launch of a new version - Public Beta, company representatives said in a statement.
The proportion of businesses in Romania using cloud technology must significantly increase by 62 percent points in order to meet the Digital Decade goals set out by the European Commission, in line with a new report produced by Deloitte and commissioned by Vodafone.
Banca Comerciala Romana (BCR), the second largest lender on the local market by assets, reported for 2021, on an individual level, a net profit of almost RON1.38 billion, of which the bulk, namely, 70%, is expected to be distributed to its shareholders as dividends.
Tehnomir Energy, a provider of complete turnkey photovoltaic systems solutions, based in Oradea, changes its name to ENSYS, and announces plans to reach projects worth over EUR20 million and to become one of the largest national companies in the field.
Stay Fit Gym, the second largest chain of gyms in Romania by the number of fitness centers opened, on Wednesday announces the opening of a new unit in capital Bucharest, in Colosseum Mall, following an investment of almost RON3 million.19075 items