Found 19075 news
Perfect Dent, a stomatology clinic of Bucharest, developed by dentist Denisa Zaharia 16 years ago, reached RON3 million turnover in 2021, up 45%.
Romanian businessman Iulian Dascalu, owner of Iulius Group, has started the licensing process of a mixed-use project near Romexpo in Bucharest, through the company Factory Business United held by Bogdan Mihaila, the manager of Iulius Real Estate. This will also be the group’s first development in Bucharest.
Alba-based building materials manufacturer Florea Grup is installing a photovoltaic project comprising four parks with a 10,000-sqm total area for the four Petra Pavaje plants in owns on industrial platforms of Alba Iulia, Ploiesti, Arad and Roman.
Stationery and office equipment importer and wholesaler Dacris, held by the Fati family, in 2021 posted EUR23 million turnover, just 2% higher on the year.
Premier Energy PLC, a natural gas supplier and distributor held by Czech private equity firm Emma Capital, is preparing to go public on the Bucharest Stock Exchange through a share sale, and the Financial Supervisory Authority (ASF) has delegated the power to approve the prospectus to the watchdog in Cyprus, where the company is registered
The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania dropped by 3.1% in February 2022, to RON52.1 billion (EUR10.5 billion), and by 2.9% since the beginning of 2022, in line with the latest data from the Association of Fund Administrators.
Dutch computer services firm Getronics NV Getronics is expanding its presence in Romania by opening a new office in capital Bucharest, company representatives said in a statement.
The accelerated increase in energy and fuel prices and the situation of the conflict in Ukraine will prompt business leaders in Romania to adopt an austerity plan in the second half of 2022, in line with an analysis by the company HR Arthur Hunt.
Germany’s retailer Kaufland continues its expansion in eastern Romania by opening a hypermarket in the town of Husi (Vaslui County), and thus reaches a 152-store network in Romania.
Dragos Oltenescu has taken over the position of deputy general manager of Euroins Romania, being responsible with the financial strategy and the company’s makeover, in line with data from company representatives.
Credit Europe Bank Romania becomes a partner of the Romanian Fintech Association (Rofin.tech), an association that includes companies founded by Romanian entrepreneurs, which develop technological solutions.
The office space stock in the Center-West area of capital city Bucharest, near the Politehnica University, will exceed the existing stock in the Floreasca-Barbu Vacarescu (which has been the main office hub in Bucharest for eight years) in 2022, as per data from real estate consulting firm Cushman & Wakefield Echinox.
Practic SA (PRBU.RO), one of the largest owners of street-level retail space in Bucharest, held by Radu Dimofte, will pay out a gross dividend of RON55.3342 per share to its shareholders, with the total amount allocated for dividend payment reaching RON32.8 million.
Private lending grew by 15.8% in nominal terms (6.7% in real terms) to RON330.7 billion in February 2022 compared to February 2021, as local currency lending grew by 20.1% (10.7% in real terms) and foreign currency lending by 5.9% when expressed in lei (4.3% when expressed in euros), central bank data showed Wednesday.
Alpha Bank Romania introduces on the local market three investment funds available in euro and dollar denominations, which are registered in Luxembourg and address investors who wish to have a flexible and diversified portfolio with a global asset allocation in the medium to long term investment horizon.
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, grew to 4.55% a year on Wednesday (March 23, 2022) from 4.53% a year on Tuesday (March 22), in line with central bank data.
MedLife (M.RO), the leader of the Romanian private medical services market, said in a stock market report on Wednesday that Mihai Marcu, CEO and Chairman of the Board of Directors, sold a package of 620,000 M shares, at the price of RON23 per share, on Monday (March 21, 2022).
Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, has budgeted 10%-15% turnover growth for 2022 year-on-year, supported both by the online store and the opening of new units.
Calin Costinas, deputy CEO of Profi, says the company will in 2022 slow down the pace of new unit openings, but step up the pace of existent unit refurbishment.
Salarium, a platform via which employees can get a salary advance payment without fees or interest, wants to reach 12,000 employees registered by partner companies this year, according to Alina Stefan, Salarium CEO.19075 items