Found 18957 news
Romanian carmaker Dacia, owned by France's Renault Group, said Wednesday it would stop production for seven days in April due to the ongoing global chip shortage.
Romanian state-owned natural gas producer Romgaz (SNG.RO) plans to distribute dividends amounting to around RON690 million from its 2020 profit and retained earnings, subject to shareholder approval on April 27.
Greek-owned Alpha Bank Romania, one of the top ten lenders in Romania, reported a pre-tax profit of EUR21.3 million for 2020, operating revenue of EUR137.8 million, and a loan portfolio of EUR2.6 billion.
German-held cement manufacturer HeidelbergCement, which has three plants in Romania, has planned investments in improving operational efficiency in the country, after a year with rising demand fueled by an upward trend of the construction sector, its 2020 financial report shows.
Romania’s government in 2020 approved state aid for 30 projects with more than EUR500 million investments. State aid accounts for more than one third of this figure.
Brasov-based roofing manufacturer Bilka Steel has entered the top 20 Romanian-held exporters, 2020 data show. In all, including foreign-held companies, Bilka ranks 391, according to the preliminary data the National Statistics Institute supplied to ZF.
FUTURE Designs, a UK based designer and manufacturer of high-quality luminaries and bespoke lighting solutions, has obtained the first IMMUNE Building Standard™ certification in the world for an industrial building, awarded by the Healthy by Design Building Institute.
Bittnet (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, seeks to raise its share capital by nearly RON17 million and distribute free shares.
Erste's Banca Comerciala Romana (BCR) has completed the property transfer of Bucharest Financial Plaza, its former headquarters on Calea Victoriei in downtown Bucharest, to Austria's Immofinanz, one of the largest real estate groups in Central and eastern Europe.
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said Tuesday in a market report it has deposited RON151 million with CEC Bank for one year at a negotiated interest of 1.75% a year.
SanoPass, a Romanian start-up that aggregates independent medical service providers to sell preventive medical care packages to companies as employee benefits, has attracted bridge financing of EUR800,000 to invest in marketing, sales, integrating AI and launching new products.
Romanian pharmaceutical company Biofarm Bucuresti (BIO.RO) estimates its turnover will grow 15% in 2021 compared with 2020, to over RON250 million.
Private lending in Romania grew 0.7% in nominal terms and 0.3% in real terms in February compared with January, to RON285.543 billion, central bank data showed Tuesday.
Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if Romania decides how to handle contracts for difference (CfD), which guarantee investors an energy price for a set period of time.
Romania’s government has granted some EUR100 million worth of state aid for six home appliances industry investment projects in the last five years. The investments stand at more than EUR210 million, according to the projects submitted with the state aid application.
Romania's finance ministry on Monday raised 400 million lei (EUR81.8 million), as planned, selling treasury bonds maturing in November 2024 at an average yield of 2.4%, central bank data showed.
South-African investment fund NEPI Rockcastle, the biggest real estate developer in Romania with projects of over EUR2 billion, on Monday urged authorities to rethink the free transfer of a 46-hectare land in the Romexpo area in northern Bucharest to the Chamber of Commerce.
Real estate developer Iulius Group has started work on the first Family Market retail project, a EUR7 million investment in Miroslava, Iasi county.
Around 97% of Romanians use smartphones and over 40% have been using their current phone for at least two years, telecom operator Telekom Romania said Monday, citing the Hootsuite Digital 2021 report.
Electronics retailer Flanco said Monday it registered sales of RON1.08 billion in 2020, down 10.8% on the year as over 70 of its 156 stores were closed during lockdown, but turned a profit of RON22.3 million, down 44% on the year.18957 items