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Private medical services provider MedLife announced Monday it has bought the remaining 10% in the Panduri Medical Center in Bucharest and now owns it fully.
Mihai Bordeanu, general manager of carmaker Automobile Dacia, was elected president of the association of automotive manufacturers in Romania (ACAROM).
Romania's finance ministry on Monday raised 334.2 million lei (EUR67.8 million), from a planned RON300 million, selling treasury bills maturing in January 2022 at an average yield of 1.72%, central bank data showed.
Romania's finance ministry on Monday raised 660.4 million lei (EUR134 million), slightly more than planned, selling bonds maturing in October 2030 at an average yield of 3.27%, central bank data showed.
Italian chocolate producer and confectionery company Ferrero is extending its office space rented in the Globalworth Tower building in Bucharest starting September.
Romania kept its 18th spot in 2020 among 51 countries in Europe regarding foreign direct investment (FDI), with 57 foreign investment projects, compared with 78 projects in 2019, which translates into a decline of 27%, versus a European average of 16%, per an EY survey.
tazz by eMAG delivery platform (the former online food delivery platform Eu¬CeMananc) saw its sales growing over 13-fold in 2020, following investments of RON26 million in technology and delivery process enhancement.
Romania's finance ministry launches three new bond issues for the general population Monday, June 1, which can be subscribed by June 28.
Romanian state-owned power grid operator Transelectrica (TEL.RO) said in a stock market report Monday that the Romanian State, its majority shareholder, requested the distribution of a gross dividend of RON0.59 per share, respectively, a total amount of RON43 million from the 2020 profit.
CTP, the largest owner of logistics space in Romania, seeks to expand throughout the country and is in talks with real estate investor Zacaria over the acquisition of six logistics centers.
Campus Media TV, the company that operates television channel Digi24, had a turnover of RON72.1 million, a profit of over RON18 million and 335 employees in 2020, per finance ministry data.
Romanian-owned power supplier Getica 95 became the private leader of the electricity trade on the competitive segment, right behind Electrica Furnizare and Enel Energie, both of which have a significant distribution infrastructure.
Freight carrier Aquila Part Prod Com, the largest company in the Aquila group, has entered the billionaire club after posting growth of 57% in revenue to RON1.4 billion in 2020.
Pharmaceutical manufacturer Infomed Fluids, established in 2004, reported a turnover of nearly RON130 million in 2020, up 8% on the year, per calculations by Ziarul Financiar (ZF) based on finance ministry data.
Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data.
Telekom Romania Communications, the fixed communications services division of Telekom Romania Group, registered a net profit of RON148.9 million in 2020, after reporting a combined net loss of over RON3 billion for the last six consecutive years, during the 2014-2019 period, per finance ministry data.
International rating agency Fitch Ratings has revised the Outlook on Romania-based Autonom Services S.A.'s Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at 'B+', it said in a statement Friday.
Transport Trade Services (TTS), the biggest freight transporter on the Danube, has raised RON324 million in the first stage of its initial public offering, which targeted retail investors and closed Friday at noon.
Farmexim-Help Net group, part of German Phoenix Group since 2018, ended 2020 with a turnover of EUR734.2 million, 12% higher compared with 2019.
A blend between a 5 to go coffee shop and a Donuterie doughnut shop has opened in the center of Paris, France. The new place uses both brands and is operated by a local partner of the two Romanian entrepreneurial businesses.18957 items