Found 19702 news
Medicover, the third leading actor on the private healthcare market, has started working with construction management and consulting company Vitalis Consulting on the project to develop its new hospital in Bucharest.
FrieslandCampina Romania, the producer of Romanian dairy brand Napolact, announced that Adriana Panait took over the position of Human Resources Director, starting September 2021.
OTP Bank Romania, part of Hungary’s OTP Group, targets a 5% increase in market share until 2024, from 2.65% at end-2020, and the option of an acquisition still stands, Roxana Hidan, deputy CEO of OTP Bank Romania, Business Division, told Ziarul Financiar (ZF).
Local company ABN Systems International, the holder of the Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, plans to list on the Bucharest Stock Exchange until the end of 2021, in order to fund the accelerated development on external markets and to consolidate its position on the local market, by accessing new business niches.
Romanian startup BookTes, which developed a ticketing system for the online organization, management and sale of all activities in the cultural-tourism sector, wants to attract EUR200,000 financing to cover the cultural and tourism experiences across all 41 Romanian counties, by the end of 2021, and to expand the functionalities of the platform.
Stakeholders of Euroins Romania, the second largest third party vehicle insurance (RCA) insurer domestically, part of Bulgaria’s Eurohold group, approved a RON120 million capital increase, as well as a strategy to recruit top and middle management specialists, according to the company’s representatives.
Romanian company Retargeting Biz, specialized in providing automation solutions for digital marketing processes for electronic commerce, has invested over EUR3 million in developing a new version of its all-in-one automated marketing platform.
New car registrations in Romania grew by 6.9% in January-August 2021, to 78,791 units, placing the country 14th in the European Union, data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed Thursday.
The volume of Romanian construction works decreased, as gross series, by 5.8%, in July 2021 compared to June 2021, and by 3.6% as adjusted series according to the number of working days and to seasonality, data from the country’s statistics board INS showed Thursday.
Norofert, the main listed Romanian producer of organic inputs, in the first half of this year generated turnover worth RON19.8 million, up 33%, and net profit of RON5 million, 17% higher than in the same period of 2020.
OK Medical, a network of Covid-19 sample collecting centres, in 2020 reached turnover of RON42.6 million, up from almost RON6 million in 2019, according to Finance Ministry data.
Virgil Harabagiu, owner of Perla Bucegi of Sinaia, who also holds 30 hectares of vineyard in Dealu Mare, plans to develop a touristic complex made up of villas, as well as a restaurant on the wine tourism niche in a bid to attract more tourists for wine tasting.
Axa Trans Construct is a builder owned by Virlan family, operating in the field of civil and industrial constructions as a general entrepreneur. The pandemic drove the company’s turnover to RON35 million last year, less than half against 2019, when it hit a record high.
IT, energy and health are the sectors stirring the highest interest among investors in Romania, with the same fields having been so far, during the pandemic, the drivers of the M&A market.
Romanian engineering and technology company Simtel Team (SMTL.RO), listed on the AeRO market of the Bucharest Stock Exchange, posted record high revenue of RON18.5 million in the first half of 2021, an increase of 30% on the year-ago period.
Financial brokerage firm Wood & Company Financial Services is supposedly working on the listing of online retailer Elefant on the Bucharest Stock Exchange, through an initial public offering (IPO) scheduled to take place in November 2021, per sources of Ziarul Financiar (ZF).
Shareholders of biodegradable packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast, have approved the company split-up and the transfer of a part of the patrimony to the newly established firm Obor Development.
The Board of Directors of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, summoned the company's shareholders on October 20 to discuss the proposition of the minority shareholder, KJK Balkan Holding, to revoke the company’s administrators and dismiss the company’s auditor Ernst & Young Assurance Services.
National grid company Transelectrica (TEL.RO) has submitted the application to the European Investment Bank (EIB) for the funding of its new Constanta Nord – Medgidia Sud 400 kV overhead power line from the Modernization Fund, the company announced.
Real estate consulting firm Crosspoint Real Estate has appointed Bogdan Gubandru to the position of Head of Investment.19702 items