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Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Funshop Park retail projects developed in Rosiorii de Vede and Focsani by Polish company Scallier, one of the most dynamic investors in small and mid-sized retail parks.
Lebanese-owned group Maria, which owns the companies Maria Trading and Agro-Chirnogi in Romania, wants to acquire Romanian company Agrirom.
Real estate consulting firm CBRE has recruited Joanna Sinkiewicz for the position of Head of Industrial & Logistics for eight countries in the region of Central and Eastern Europe (CEE), including Romania.
DB Schenker, a global provider of transport and logistics services, is set to open a new cross-dock terminal in Tetarom III industrial park, Jucu-Herghelie, 15 km away from Cluj-Napoca (northwestern Romania), in early 2022.
Book market players strove in 2020 to keep the market from plummeting and adjustment to the new context and the new reality of online sales brought a mere 7% market decline, compared with a 20% drop forecast at the pandemic onset, explained Laura Teposu, founder of online bookstore Libris.
Siemens Energy, the energy solutions giant spun off from Germany’s group Siemens, turns Romania's capital city Bucharest into its biggest recruitment center globally.
Farm and forestry equipment manufacturer IRUM, held by the Oltean family in Reghin, has invested over EUR7 million in retrofitting works and has launched a new forestry machine model, called TAF 690 S5, intended for the Romanian market and for the European and American markets.
Low-cost airline Wizz Air on Monday said it would operate flights on a new route, from capital Bucharest to Aqaba (Jordan), starting December 2021.
Bucharest-based Hagag H Victoriei 109 building will host the future headquarters of the European Cybersecurity Competence Center (ECCC), according to real estate data.
Romania's finance ministry on Monday rejected all bids for two treasury bonds worth a total RON900 million (EUR181.9 million) maturing in October 2034 and November 2024, respectively, central bank data showed.
Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania by opening a new store, in the city of Pitesti, on October 7, reaching a 107-unit network.
Enrico Perini, the majority shareholder of Romstal Group, is providing EUR100,000 financing to Romanian startup Sypher within a financing round on crowdfunding platform SeedBlink, at the end of which Sypher aims to raise EUR550,000.
Green Resources Management, an organization that implements the extended responsibility of packaging waste producers (OIREPs) and is part of recycling group Green Group, has announced the appointment of Constantin Bratu to the position of general manager, effective October 1, 2021.
The Bucharest Stock Exchange (BVB) will have a new brand identity starting October 2021. Its new identity aims to reposition the brand as a suitable choice for the investments of each Romanian and a catalyst for the development of companies in Romania.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, continued its upward trend and surged to 1.81% a year on Monday (October 4), from 1.79% a year on Friday (October 1).
KPMG in Romania on Monday announced two new appointments through internal promotions at management level, and a new hire. Starting October 1, 2021, Daniel Pana has become a Partner in Tax, Victor Iancu was promoted to Associate Partner in Advisory and Inga Tigai joined KPMG as a new hire in Tax, also as an Associate Partner.
2Performant (2P.RO), the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, will grant the company’s shareholders registered on October 28, four free shares for one share held, through a share capital increase by RON495,970.4, which corresponds to a total 4,959,704 new shares with a nominal value of RON0.1 per share.
Industrial production prices for the domestic and non-domestic markets grew by 1.5% in August 2021 versus July 2021 and by 15.9% in August 2021 versus August 2020, data from Romania’s statistics board INS showed Monday.
Appraisal & Valuation (APP.RO), a provider of appraisal, consulting and real estate development services, 67.8% controlled by Ioan Botis, founder and chairman, ended the first six months of this year with turnover worth RON2.76 million, up 20.5% from the similar period of last year, while net profit rose by 17%, to RON363,065.
Almost 4 million tourists were registered in Romania’s accommodation units during the three summer months of 2021, 50% more than in the same period of last year, data from Romania’s statistics board INS showed Monday.20531 items