Found 19702 news
Euroins Romania is summoning its shareholders on September 15, 2021 to vote on a new share capital increase, of over RON120 million, after two other consecutive capital increases carried out recently, which exceeded RON126 million.
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said in a stock market report Thursday that it signed the additional act for taking over the concession license of the uranium ore mining activity in Tulghes-Grinties perimeter located in Neamt County (north-eastern Romania).
Concrete manufacturer Readymix Romania reported a net profit of over RON15.4 million (EUR3.2 million) in 2020, up 19% from nearly RON13 million (EUR2.7 million) in 2019, per public data.
Romania ranks seventh in the EU in terms of beer production, with 1.7 billion litres in 2020, namely 5% of European production volumes.
Car parts manufacturer Joysonquin Automotive Systems Romania (the former Quin Romania), the local division of China’s Joyson, reported a turnover of RON514.5 million (EUR106.7 million) in 2020, down 11% from 2019, per calculations by Ziarul Financiar based on finance ministry data.
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Thursday in a stock market report that it completed works on Phase 1 of the natural gas pipeline connecting Bulgaria, Romania, Hungary and Austria (BRUA).
Astra Rail Industries, Romania’s largest rolling stock maker by turnover, for 2020 reported turnover worth RON675.6 million (over RON140 million), down 7.5% from 2019, when the company hit RON730.1 million (EUR154 million) in turnover, in line with Finance Ministry data.
The biggest delivery companies in Romania, Glovo, Bringo, Tazz by eMAG and FoodPanda, last year generated turnover worth close to RON240 million.
One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data.
The assets and liabilities of insurance companies increased by 9% to 10% in the first quarter of 2021 compared with the year-ago period, a Financial Supervisory Authority (ASF) report shows.
Sanitary ware manufacturer Cersanit Romania, held by Poland’s Rovese group, ended last year with 603 employees, 117 fewer than in 2019, Finance Ministry data show.
Damen Galati shipyard, one of the largest in Romania, posted 70% higher revenue year-on-year, RON806 million in 2020, Finance Ministry data show.
Nordis Mamaia 5***** last weekend inaugurated its new seaside hotel, with a lobby, coffee shop and shopping gallery of more than 1,500 square meters.
Romania’s Competition Council is looking into the transaction whereby Banca Transilvania, the largest lender in Romania, acquired in early June 2021, for EUR43 million, the entire ownership stake held by Poland’s Getin Holding in Idea Bank.
Turkish-held Karsan Otomotiv Sanayi Ve Ticaret A.S. signed a contract worth RON136.4 million (EUR27.3 million), VAT not included, with Timisoara city hall for the delivery of 44 KRS 18 EV electric business, but also for the building of 15 rapid charging stations and 44 slow charging ones.
BRD Groupe Societe Generale and Garanti BBVA Romania have granted a loan of EUR120 million to the company NE Property BV, entirely held by NEPI Rockcastle.
Furniture maker Spectralcom based in Barlad (Vaslui County), held by entrepreneur Andrei Dodita, said it took over the name of Spectral Mobila, the brand under which it sells its own products, and also switched from the status of limited liability company to joint-stock company.
Romanian company Certion Property Developers seeks to develop four premium residential projects in the Black Sea resort of Neptun-Olimp, whose total investment exceeds EUR45 million, over a four-year period.
Companies owning retail parks in Romania saw their turnover slide by just 9.5% in 2020, compared with a 20.6% decline for shopping malls, per a report by real estate consulting firm Cushman & Wakefield Echinox, which considered the financial results of over 60 modern retail projects.
Romanians used medical drugs worth RON19 billion (EUR3.9 billion), at wholesale prices, in the period July 2020-June 2021, 10.6% more than in the year-earlier period, Cegedim research showed Wednesday.19702 items