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Stay Fit, one of the largest players on the local fitness market, is opening a fitness center within Colosseum Mall, located in Bucharest, following an investment of over EUR650,000.
Shareholders of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) re-elected Dan Dragos Dragan as Chairman of the company’s Executive Board, within their general meeting of September 9.
The balance of mortgage loans granted by lender Alpha Bank Romania exceeded RON6.29 billion (EUR1.28 billion) at the end of June 2021.
Shareholders of lender Patria Bank (PBK.RO) will discuss, at their next general meeting of October 18, increasing the lender’s share capital by maximum RON19.73 million, up to RON331 million, by converting a loan granted by the majority shareholder, EEAF Financial Services BV, in 2018, as well as through cash contribution.
Romanian-held operational process automation company DocProcess on Wednesday said it appointed Patrice Vidal to the position of Senior Vice-President Sales & Marketing for Western Europe.
FintechOS, the Romanian startup developing digital solutions for the financial industry, is tapping the US market, where it is set to work both for traditional banking and lending institutions, as well as for fintechs, according to company information.
Romania’s dental services industry generated turnover worth RON2.3 billion in 2020, the same as in the previous year, in line with Trade Registry data.
The average price per one hectare of farmland in Romania revolves around EUR6,000, which is luring Romanian, as well as foreign investors, the more so as the European average is higher.
The real estate arm of Radacini Group, controlled by businessman Ali Madadi, plans to start construction works on two new retail centers, the first ones of the group, in Chitila and Pipera, respectively.
Bricostore Romania, the company through which Britain’s Kingfisher group operates its 35 DIY units domestically, is set to implement an EU co-funded project for employee training until January 2023.
Romania’s postal and courier services market ranks 14th among the markets of EU countries, with a value put at EUR1.2 billion in 2021, 8.8% lower than in 2020, in line with Ibisworld data.
Heraeus Romania, a maker of adhesives for the electronics industry and the local subsidiary of Germany’s Heraeus group, ended last year with RON227.6 million (EUR47.2 million) revenue, an increase of 4% year-on-year, ZF has calculated from Finance Ministry data.
Helbako Electronica, the local subsidiary of Germany’s Helbako GmbH, posted RON96.2 million (EUR20 million) revenue in 2020, an increase of 9.5% year-on-year, ZF has calculated from Finance Ministry data.
Apparel manufacturer Secuiana in Targu Secuiesc, Covasna, posted RON23.7 million (EUR4.9 million) revenue in 2020, a decline of 30% from the RON34 million (EUR7.2 million) of 2019, Finance Ministry data show.
Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank.
The sector of land plots for residential developments remains attractive for investors in Romania in search of attractive yields, although the market is becoming increasingly crowded, per a report by real estate consulting firm Colliers.
Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per finance ministry data.
Courier services company Sameday Courier, majority held by online retailer eMAG, is expanding its senior management team and announces the appointment of Ana Krasovschi to the position of People, Culture & Organization Director.
The Bucharest Stock Exchange (BVB) on Tuesday said the EUR500,000 worth of bonds issued by Ansett Logistics would start trading on BVB’s Multilateral Trading System, under the ticker symbol ANS26E, on Wednesday (Sept 15, 2021).
RPHI Romania (Raiffesen Property), the company that holds and manages Bucharest’s SkyTower, has extended by seven more years the lease contract for office space within SkyTower for the Republic of Korea Embassy In Romania.19702 items