Found 18957 news
Romanian state-owned Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, said in a stock market report on Wednesday that regional investment fund SIF Oltenia (SIF5.RO) reached the 23.07% threshold of Antibiotice Iasi’s share capital following a transaction held on April 12, 2021.
Forte Partners, one of Romania’s most active real estate developers, held by Jabra and Geo Margescu brothers, is launching on the market a digital solution for the management of office building resources, considering that a growing number of companies decide to implement the hybrid working model on the long term.
For the first time since French Renault Group acquired Dacia brand, under the leadership of Luca de Meo, the Dacia brand will have its own Board of Directors, alongside Lada, considering that the synergies between the two brands will grow in coming years.
ENGIE Romania, the largest natural gas distributor in Romania, ended 2020 with a turnover of EUR1.54 billion, up 7% on the year, per data from the annual financial report of the utilities group.
Romania’s Competition Council is looking into an operation whereby supermarket and convenience store chain Profi Rom Food SRL is acquiring ten convenience stores from Pronto Mobile SRL.
The Romanian durable goods market grew 12.5% in 2020 and the beginning of 2021 brought an increase of 25.9% for January-February, compared with the first two months of 2020, per a GfK survey.
Dragos Petrescu, the founder of City Grill restaurant group, has taken over the management of the Romanian Business Leaders (RBL) organization, which brings together over 500 Romanian entrepreneurs, managers and professionals in various fields of activity.
Romania manufactured 117,789 vehicles in the first three months of 2021, data from the country's carmakers association ACAROM showed Wednesday.
Car parts maker Altur Slatina (ALT.RO) wants to carry out a bond issue worth maximum RON10 million and to take a loan of RON3.4 million from one of the company’s shareholders, Adrian Andrici, to pay out overdue taxes to the state budget.
Integrated agricultural group Rodbun, whose operations include farm input wholesale and grain trade, has contracted a financing worth RON84.5 million through a syndicated loan.
Dairy company Artesana, owned by Alina and Daniel Donici, has started the construction of a new factory that will triple its production starting April 2022, within an investment of over EUR5 million, backed by private equity firm ROCA Investments, through bank financing and via a non-reimbursable grant from the state worth nearly EUR2.3 million.
TeraPlast Group, the biggest Romanian-held building materials producer, received the approval of Romania’s Competition Council on April 13, 2021 for acquiring 70% of the shares of flexible packaging producer Somplast.
AAylex Group, one of the leading actors in the poultry industry in Romania, set out to attain growth of 20% in 2021, following the addition of new products and development of sales.
Ford Puma is the model with the most new car registrations in Romania in the first three months of the year, data from Romania’s motor vehicle department DRPCIV show.
Germany’s automotive wiring and electronic systems manufacturer Kromberg & Schubert has sold its plant in Timisoara to the Continental Group, local automotive industry sources say.
German discount grocery retailer has launched self-checkout registers in 30 of its stores in Romania. It means that a little over 10% of total units on the local market have this type of registers operating without cashiers, where customers can scan their items by themselves.
Organic fertilizer producer Norofert (NRF.RO) said in a stock market announcement Tuesday that it closed the first stage of the share capital increase operation, which was carried out between March 12 and April 11, 2021.
The Bucharest Stock Exchange (BVB) has announced that the first bond issue of Alive Capital, supplier of electricity and electrical service provider, will start trading on BVB’s Multilateral Trading System (MTS) on April 14.
Romania’s freelance recruitment market will grow over 40% in 2021, according to estimates by online recruiting platform BestJobs which launched employment services for freelance jobs, based on projects, under the slogan #FreeTheWork.
Italy’s UniCredit Group, which holds the fifth largest bank on the Romanian market by assets, has approved the appointment of Sorin Dragulin to the position of Chief Executive Officer (CEO) of UniCredit Consumer Financing Romania, the non-banking financial division of UniCredit Group, starting May 2021.18957 items