Found 20531 news
0.18% of the share capital of Romania's nuclear power producer Nuclearelectrica (SNN.RO) changed hands Tuesday (June 29) in a RON15 million deal on the Bucharest Stock Exchange.
Chromosome Dynamics (CHRD), a developer of IT & AI solutions for the agribusiness sector, is preparing a private stock placement for the last quarter of 2021, whereby it seeks to raise EUR1 million from stock market investors, company representatives told Ziarul Financiar (ZF).
Dacia Plant, a company established in 2002 and specialized in manufacturing food supplements and tea, reported a turnover of RON40.3 million in 2020, up 20% from 2019.
Publicis Groupe has appointed Maria Tudor to the position of Chief Operating Officer (COO) for the region of Central and Eastern Europe (CEE).
Romania's centrist coalition government run by Prime Minister Florin Citu has survived a vote of no-confidence by the opposition Social Democratic Party (PSD) on Tuesday.
Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania by opening a new store, in the town of Pitesti, reaching a 101-unit network in Romania after 14 years of activity locally.
Romania's state-owned salt company Salrom, the only salt producer in the country, has started feasibility studies to reopen the graphite mine at Baia de Fier (Gorj County), which was shut down in 1994.
IT&C and home appliance wholesaler ELKO has announced the signing of an agreement to acquire the company IT Smart Distribution, which will help ELKO to consolidate an important position among the top three players on the Romanian IT wholesale market upon the completion of the transaction, the company said in a statement.
Lithuanian hotel operator Apex Alliance, which owns and operates five hotels in Bucharest, has appointed Harmen Silver as general manager of its Marmorosch Bucharest, Autograph Collection hotel, set to open this summer.
Real estate consulting company Cushman & Wakefield Echinox has appointed Raluca Mihaiu to the position of CFO & Operations Manager.
One in three Romanian plans to buy a home in the next 12 months although 70% think currently residential prices are overrated and 77% think prices will grow in 2022, according to a survey by Ipsos conducted in June 2021 for ING Bank.
New loans granted by banks in Romania grew 32% in annual terms in the first four months of the year, to RON34 billion, data from the Romanian banking Association showed Tuesday.
CITR, the leading insolvency practitioner in Romania, part of Impetum Group, has been appointed judicial administrator for the Diverta bookstore chain owned by businessman Octavian Radu, which recently filed for insolvency.
Romania's public debt reached RON526.6 billion (EUR107.5 billion) at the end of April (EUR107.5 billion), accounting for 49.9% of the gross domestic product after just four months, as the government's cap on public debt for the full year stands at 55% of GDP.
Law firm PeliPartners is relocating its offices as of July 1 on the 13th floor of the Charles de Gaulle Plaza office building in Bucharest, located near the Aviatorilor metro station.
Fitch Ratings has affirmed Romanian state-owned natural gas transmission company Transgaz's Long-Term Issuer Default Rating at 'BBB-' with a Stable Outlook.
Michelin Romania, part of France’s Michelin group, one of the largest tire markers in the world, posted RON3.18 billion (EUR660.3 million) revenue in 2020, a decline of more than 9% from the RON3.51 billion (EUR740.6 million) revenue of 2019, Finance Ministry data show.
The 60-retail pharmacy chain Iris Pharm in Buzau can budget an investment in expansion should the opportunity arise this year, as it ended 2020 with a 19% rise in sales to RON43.4 million.
Romania’s banking system numbered 34 banks last year, the same as in 2019, more than half of which with less than 1% market share.
Romania’s retention of its investment-grade rating will depend on the fiscal outlook and policy implementation, Fitch Ratings said in a new report.20531 items