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Victor Munteanu has taken over as the new general manager of Romanian state-run aircraft maker Avioane Craiova (AVIO.RO), effective August 2021, after the mandate of Mihai-Marian Sdreala expired.
Romania's foreign exchange reserves grew by EUR2.17 billion to a record level of EUR39 billion in July 2021, central bank data showed Monday
Artisanal bakery Pain Plaisir will be opening a new store, in capital Bucharest, in November 2021, within the J8 Office Park project, reaching four units in Bucharest, and targets a turnover of EUR2.5 million in 2021.
Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, is building two solar power plants with a total installed capacity of nearly 2 MWp, for chrome plated steel bars and tubes producer Nimet Targoviste.
Romanian building materials producer TeraPlast plans to continue its development through both organic growth and through mergers and acquisitions (M&A), therefore, it is looking at the market for potential transactions.
Volker Raffel has taken over the position of Chief Executive Officer (CEO) of natural gas and electricity supplier E.ON Romania, a member of Germany utility group E.ON, effective August 1, 2021.
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, is expanding its warehouse in Buzau by almost 4,000 square meters for German retailer Metro.
Banca Transilvania (TLV.RO) on Friday evening notified the Bucharest Stock Exchange of its plans to distribute cash dividends from 2020 profit and net profit reserves of 2019.
OMV Petrom (SNP.RO), the largest company on the Bucharest Stock Exchange by capitalization on Friday announced it appointed Alfred Stern, the new chief executive officer of Austria’s OMV group, president of Petrom.
Romania’s general consolidated budget posted RON19.17 billion or 1.68% of GDP deficit in the second quarter of 2021, RON10.74 billion lower than the RON29.91 billion or 2.08% of GDP forecast.
Austria’s Erste Group, owner of Banca Comerciala Romana, on Friday released a report regarding the evolution of economies of countries in Central and Eastern Europe (CEE), in which it estimates a 6.7% economic growth for Romania at end-2021.
Romania's finance ministry will be launching three new bond issues for the general population on August 2, 2021, which can be subscribed until August 27.
Romanian real estate developer One United Properties (ONE.RO) is summoning its shareholders for September 10 to approve the distribution of dividends in the total amount RON25 million or RON32.5 million from profits left undistributed in the previous years.
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a net profit of RON397 million in the first half of 2021, 42% higher compared with the same period in 2020.
Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Friday reported a net profit of RON690.8 million (EUR140.9 million) for the first half of 2021, 38.5% higher than RON498.9 million (EUR103.6 million) in the same period in 2020.
Romanian BCR Group, owned by Austria's Erste, posted a net profit attributable to the majority shareholder of EUR116.7 million in the first half of 2021, up 43.2% from EUR81.5 million reported in the same period of 2020, Erste said in its earnings report Friday.
Romania's seasonally adjusted unemployment rate inched down to 5.2% in June 2021 from 5.5% in May 2021, data from the country's statistics board showed Friday.
Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania in the first quarter of its 2021 financial year (February 1 - April 30), double the year-ago level.
Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data centralized for the 2021 edition of the “Cei mai mari jucatori din economie” (Key players in the economy) yearbook.
Half of modern retail actors are betting several million euros on green energy, equipping their stores with photovoltaic panels and spending on biogas power stations.20531 items