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Romanian airline Blue Air will be operating 17 weekly flights towards five destinations in Greece this summer, namely, from capital Bucharest to Athens, Heraklion, Rhodes, Mykonos and Zakynthos and from Bacau to Athens.
Appraisal & Valuation, the holder of the NAI Romania brand, active on the appraisal market, is readying its listing on the Bucharest Stock Exchange, aiming to speed up its business growth, including through mergers and acquisitions (M&A).
Paval Holding, the investment vehicle held by brothers Dragos and Adrian Paval, the founders of do-it-yourself store chain Dedeman, has acquired a 5% ownership stake in Romanian engineering and technology entrepreneurial company Simtel Team.
Investors on the Bucharest Stock Exchange stepped up their trading activity in May and the average daily value of transactions with all types of financial instruments doubled compared with April.
IT Genetics, one of the largest providers of hardware and software solutions on the DC/POS (data collection and points of sale) market, on Thursday said it launched the WMS (Warehouse Management System)-type digital platform Planograma aimed at centralizing, streamlining and automating the logistics, storage, courier, distribution and production operations.
Biopharmaceutical company Bristol Myers Squibb Romania has signed a five-year lease extension for its 1,200 square meters of office space in Austrian office developer CA Immo's Europe House, located in the central business district of Bucharest.
Real estate consultancy company JLL Romania has recruited Corina Vladau for the position of Workplace Strategy Director, and Adriana Andrei for the position of Senior Architect within its Tetris Design & Build division.
HAVI Logistics, one of the largest transports and logistics companies in Romania and one of the world’s largest operators for brands in the industry of fast food restaurants and convenience food, will be opening a distribution center, on a total area of 21,000 square meters, within the Chitila Logistics Hub business park, developed by Globalworth and Global Vision near capital Bucharest.
Romanian shipyard Santierul Naval Orsova (SNO.RO) said Thursday in a stock market announcement that it had concluded two external contracts worth EUR5.2 million for the construction of two river vessels to be delivered to The Netherlands.
Net investments in the Romanian economy grew 9.9% in January-March 2021 compared with the same period in 2020, to RON20.3 billion, data from the country's statistics board showed Thursday.
Emerson SRL, part of US’ Emerson, posted about RON961.8 million (EUR199.5 million) revenue in 2020, slightly up year-on-year from RON955.9 million (EUR201.6 milion), Finance Ministry data show.
Iasi-based pharmaceutical producer Fiterman Pharma ended 2020 with RON189 million (EUR39 million) revenue, an increase of 36% on the previous year, ZF has calculated from Finance Ministry data.
Sporting goods retailer Sportisimo seeks to double its retail chain in Romania over the next five years, following the good results of the already operational stores.
Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer supplied to ZF show.
Bombardier Transportation Shared Services Romania, the local subsidiary of Canadian giant Bombardier acquired this year by France's Alstom, reported a turnover of RON85.7 million for 2020, down 6.5% compared with 2019, finance ministry data showed.
Apemin Tusnad, one of the largest water bottlers in Romania, had a turnover of RON67 million in 2020, 6% higher than in 2019, while its profit grew 28%, to over RON14 million.
Home appliances manufacturer Whirlpool expects its turnover in Romania to grow by at least 10% this year after experiencing a 15% decline in 2020.
Mailing services company Pink Post, held by businessman Octavian Radu, had a turnover of RON91 million in 2020, up 6% on the year, according to company representatives.
Letiţia Pupazeanu will be the Executive Director of the American Chamber of Commerce in Romania (AmCham Romania) beginning with July 1, 2021.
The modern industrial space stock in Romania exceeded the 5 million square-meter threshold in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the surface area under construction being already pre-leased, per the Romania Industrial Destinations report released by real estate consulting firm CBRE Romania.18957 items