Found 19015 news
Aukera, a green energy investment platform backed by AtlasInvest, a Belgian private investment company already active in renewable and conventional energy, aims to develop, build and operate a portfolio of wind and solar projects of over 1 GW (1,000 MW) in Romania.
Construction material manufacturer Cemacon Cluj-Napoca (CEON.RO) on Monday evening notified the Bucharest Stock Exchange that its CEO since 2010, Liviu Stoleru, would step down as of January 1. His replacement is Daniel Sologon, the chief financial officer who has been planning and implementing the reconstruction and development of the company along with Liviu Stoleru in the past twelve years.
Romania's finance ministry on Monday raised RON470 million (EUR94.9 million) selling bonds maturing in 2029 and 2025, at average yields of 5.55% and 4.88%, respectively, below the planned level.
Airbus Helicopters Romania has completed the delivery of the second retrofitted H215 helicopter to the Finnish Border Guard (FBG), in an acceptance ceremony taking place at its headquarters in Ghimbav.
Air passenger transport plunged by 73.3% in 2020 across the European Union, with Luxembourg, Bulgaria, Greece and Romania reporting the lowest decreases among the 27 EU member states, ranging between 65% and 70%, data from Eurostat, the statistical office of the European Union, showed on Monday.
Azomures Targu Mures, one of the main producers of fertilizers for agriculture, is going to start preparations for the temporary shutdown of manufacturing operations, as a result of the rising power and gas prices, the company said.
Dutch-Belgian grocery retailer Mega Image is launching a new own brand, Mega, which includes both food and non-food products and will be available soon across the entire store chain in Romania.
Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to ROCA Investments and the company Emerging Europe Refrigeration & Services (EERS) in the sale of Frigotehnica, a manufacturer of refrigeration solutions, to VINCI Energies, part of VINCI Group.
According to PwC, consumers are returning to in-store shopping in greater numbers, and out-of-home entertainment and travel are on the rise as three in five (61%) express optimism about the future, according to the latest PwC 2021 Global Consumer Insights Pulse Survey.
Romanian IT company AROBS Transilvania Software has debuted on the AeRO market of the Bucharest Stock Exchange (BVB) and its shares are traded under the ticker symbol AROBS.
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, is in advanced talks to access a credit facility in the maximum amount of RON170 million, as approved by the Extraordinary General Meeting of the Shareholders of November 24, 2021.
Mihaela Cuturescu was appointed Chief Executive Officer (CEO) of Romanian ice cream producer Alpin 57 Lux, headquartered in Sebes (Alba County), in November 2021.
Groupama Asigurari, the Romanian subsidiary of the French group of the same name, saw the volume of gross underwritten premiums go up by 15% in the first nine months of this year, to around RON870 million, according to Francois Coste, the company’s CEO.
Daniel Popa, country manager of Reynaers, a producer of aluminum systems for the constructions industry, said the company would open two new showrooms in Brasov and Constanta in 2022 after having opened 3 showrooms in Iasi, Cluj-Napoca and Timisoara in 2021.
Suceava-based meat products maker Killer saw its sales slide by 20-30% amid the lack of private and corporate events, hospitality industry restrictions and rising prices of commodities and utilities. Thus, from around RON90 million in 2021, flat from 2019, sales dropped below RON75 million, in line with ZF calculations.
Store chain Profi, owned by investment fund Mid Europa Partners, in the first 11 months of this year opened 154 new stores, with most of them, around half, under the Loco format destined to rural areas.
Jan Demeyere, co-founder of Speedwell, one of Romania’s most dynamic real estate developers, said the company has Iasi, Sibiu and Brasov, with a good life quality, on its investment radar.
Safety Broker, Romania’s biggest insurance broker, was sold to Poland's Unilink, the biggest insurance brokerage group in Central and Eastern Europe (CEE)..
BET, the benchmark index of the Bucharest Stock Exchange, declined by 3.5% in November 2021, which was its weakest month since October 2020, according to Bucharest Stock Exchange data.
PPF Real Estate, a developer and investor with real estate assets of over EUR2.5 billion globally, has carried out an investment of almost EUR1 million to renovate the ground floor of the Metropolis Center building and of the small square in front of the building.19015 items