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Technical plastics solutions developer Reinert Kunststoffetechnik, acquired in late 2019 by Germany’s CCBA Verwaltungs, projects EUR25 million turnover for 2022, up around 13% on the year, in line with ZF calculations based on company data.
Marius Vinatoru, marketing manager of International hotel of Sinaia, says 30% higher turnover has been budgeted for this year.
Romanian home deco chain Delta Studio will in 2022 start building a new logistic center, of 25,000 square meters, for which it has already bought the land plot in Bolintin-Deal, near Bucharest.
Brokerage firm Swiss Capital forecasts that building materials producer TeraPlast Bistrita (TRP.RO) ended 2021 with total revenue of RON607.8 million, up nearly 53.1% from 2020, and a net profit of RON51.7 million, up 61.5% on the year, as per calculations by Ziarul Financiar daily based on data from a report published Thursday on www.bvbresearch.ro.
New registrations of road vehicles for passenger transport decreased by 16.8% in Romania in the fourth quarter of 2021 compared to the fourth quarter of 2020, data from the country’s statistics board INS showed Friday.
Cosmin Carstea, CEO of Dubai Ports (DP) Logistics Romannia and Dubai Ports Constanta, said DP Romania is set to invest in a multimodal terminal in Aiud, due to be connected via direct trains to Constanta harbor. Investments amount to EUR10 million and works have started.
Electrica (EL.RO), the biggest electricity supplier in Romania and a listed company part of BET main index, was granted an electricity trading license by the Hungarian Energy and Public Utility Regulatory Authority, reads a report published on the Bucharest Stock Exchange.
Romanian banking system profit for the entire 2021 may climb to a record high of around RON8 billion or even more, despite the pandemic, given that gains topped RON7.5 billion after the first 11 months of last year.
Pharmacy chain Farmacia Tei, one of the most dynamic businesses in Romania, ended last year with sales of RON872 million, up 16% from the previous year, according to company officials.
Online fashion retailer Answear, a business started in Poland more than ten years ago and present in Romania since the end of 2015, posted record sales in all ten countries where it operates - EUR159 million last year, 67% higher than in 2020.
Construction company CON-A in Sibiu posted EUR115 million revenue in 2021, an increase of about 16% compared with the previous year, according to ZF calculations based on data provided by the company's representatives. Profit, however, was much lower than in 2020, they say.
Romania’s Finance Ministry reopened a bond issue due in October 2027 and raised RON708 million from banks on Thursday (Feb 3), above the targeted level of RON600 million, at a yearly yield of 5.05%.
Vox Property Group, one of the most important real estate developers in western Romania, leased in 2021 a total of 4,650 square meters of office space in Vox Technology Park, a project delivered in Timisoara following an investment of EUR30 million.
ING Bank Romania is turning its Department of Corporate Social Responsibility, set up in 2012, into a Sustainability Department, in line with the transition to a green economy and the development of partnerships with the civil society.
Hilton hotel chain confirmed on Thursday (Feb 3) significant expansions to its DoubleTree by Hilton portfolio, with the announcement of six new European hotels in Italy, France, Romania, Hungary, the Netherlands and Germany.
Nordic Group, one of the largest Romanian companies in the field of premium food distribution in Retail, Hospitality, and Bakeries, has appointed Dan Nistor as General Manager starting February 2022, with the aim to consolidate the accelerated development of the last years and to ensure resources for future projects.
Agroserv Mariuta (MILK.RO), the company that owns the Laptaria cu Caimac brand, on Thursday reported the sale of a package of 270,000 shares, at a price of RON10.0057 per unit, with the total amount exceeding RON2.7 million.
A team of deals specialists of PwC Romania has provided financial and tax advisory services to Central European private equity investor Abris Capital Partners in the transaction to acquire Romanian dental consumables and equipment distributor Dentstore.
One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has moved its offices to the One Tower office building, part of the multifunctional complex One Floreasca City.
2Performant (2P.RO), the main player on the Romanian affiliate marketing market, has appointed Cristian Iosub to the position of Growth Manager starting February 1, 2022.19029 items