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Ford’s Craiova plant along with the plant in Cologne, Germany, will be the least affected by the microchip crisis, as other plants of the carmaker experience even more than 20 days of production stoppages in 2021.
Romanian airline Blue Air has announced the launch of direct flights from Cluj-Napoca to Paris Charles de Gaulle, starting Friday (April 23, 2021).
Private medical services provider MedLife (M.RO) said in a stock market report Friday that NN pension funds, namely, Fondul de Pensii Facultative NN ACTIV, Fondul de Pensii Facultative NN OPTIM, Fondul de Pensii Administrat Privat NN and NN Investment Partners B.V. reported on April 22, 2021 a combined holding of 15.04% of the total voting rights in MedLife, respectively, 20 million voting rights.
Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) said in a stock market announcement on Friday that it extended the suspension of the notice of termination for the construction of the Iernut power plant.
River Development has sold The Light One office building in western Bucharest to UNIQA Real Estate, the real estate arm of Austria's UNIQA Insurance Group.
Jobs in sales, finance, accounting, and management were the most sought-after by applicants in the first quarter of the year,data from online recruiting platform BestJobs showed Friday.
Agribusiness group Rodbun is preparing an investment of up to EUR20 million in building the largest logistics park in Romania’s agricultural sector with an area of more than 40,000 square meters in Braila County, chief commercial officer Octavian Petrescu said.
OMV Petrom, the largest energy company in South-Eastern Europe, will act as operator for Neptun Deep block if ExxonMobil accepts Romgaz' offer for its 50% stake in the gas exploration and drilling project in the Black Sea.
Spanish-held Inditex, the leader of Romania’s fashion retail market had 2,200 employees at the end of last year compared with some 3,000 before the pandemic, that is at the end of 2019, its reports show.
Sibiu-based company Moara Cibin (MOIB.RO), part of milling and bakery group Boromir, had a turnover of RON111 million (EUR22.8 million) in 2020, up 2% on the year, per calculations by Ziarul Financiar (ZF) based on data from the company’s annual report and on finance ministry data.
Sugar producer Tereos Romania, the local division of French giant Tereos, had a turnover of nearly RON158.8 million (some EUR33 million) in 2020, down 12% on the year, per calculations by Ziarul Financiar (ZF) based on finance ministry data.
Travel agency Eximtur, held by the Morariu family, had revenues of RON9.5 million in 2020, down 64% from RON26.4 million in 2019.
US fast food restaurant brand Buger King, brought to Romania in franchise system by Poland’s AmRest Group, is opening a new unit in Bucharest’s Victoriei Square, in the vicinity of the Romanian government building, which is the brand’s seventh restaurant in Romania.
BRD Groupe Société Générale, the third largest lender on the Romanian market by assets, received shareholders’ approval on April 22, 2021 for the distribution of a gross dividend of RON0.0749 per share, the equivalent of a 0.5% yield.
Romania's finance ministry on Thursday raised a planned 300 million lei (EUR60.9 million) selling bonds maturing in October 2034 at an average yield of 3.86%, central bank data showed.
Sporting goods retailer Hervis Romania, the local division of Austrian group Spar, will be opening a store in Craiova, within the Electroputere Parc shopping center operated by French real estate group Catinvest.
Daniel Dines, 49, CEO, co-founder and shareholder of UiPath, is the richest man in Romania, ranking at number 464 on the Forbes list with an estimated net worth of more than $6 billion.
Telecom operator Orange Romania on Thursday reported a turnover of EUR264 million for the first quarter of 2021, 2.5% higher compared with the same period last year.
The online fashion market in Romania will exceed the $1 billion threshold by the end of 2021, according to a report by PayU, the fintech and e-payments business of Prosus.
Sales of Romanian automaker Dacia grew 10.2% on the year in the first quarter of 2021, to 121,231 vehicles, its owner Groupe Renault said in its quarterly earnings report Thursday.18957 items