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Agroland (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has opened its seventh MEGA store this year and 12th in total. The unit has 677 sqm and cost EUR0.5 million excluding stock.
Romanian state-owned power grid operator Transelectrica (TEL.RO) said Friday supervisory board members have appointed Bogdan Toncescu as interim CEO for a four-month period starting June 25.
Aston Martin director of design Miles Nürnberger has left the British brand after 13 years to take up a similar role at Dacia starting September 1.
Agricultural cooperative Cooperativa agricola integrata Tara Mea ended 2020 with a turnover of RON153 million, up 3.6% from 2019, per data from financial analysis platform Confidas.ro.
OSCAR Downstream, the largest independent player on the Romanian oil market, on Friday said it had invested EUR50 million in its business development over the last five years and seeks to expand on the long term.
Aqua Bilbor, the producer of carbonated and non-carbonated water brand Izvoarele Calimani, targets investments of nearly EUR10 million to develop its business over the next two years, in order to reach a production capacity of over 100 million liters per year at the end of 2023, per company data.
The bonds issued by Nemo Express, one of the largest courier services companies in Romania, will start trading on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange on June 28, under the ticker symbol NEMO23E.
Ameropa Grains, one of the largest grain traders in Romania, posted RON3 billion revenue in 2020, down 19% on the previous year, ZF has calculated from the data the company supplied.
The ten largest companies in Romania to go insolvent in 2021 posted almost RON2 billion revenue last year and four of them even made profit.
The Foreign Investors Council (FIC), which includes over 120 multinational companies, has decided on a new executive team, led by Cristian Secosan, CEO of Siemens Romania and Moldova, as FIC president for the 2021 – 2022 mandate.
Porcelain products manufacturer and IKEA supplier Apulum Alba Iulia had a turnover of RON148.6 million in 2020, 12% lower than in 2019, finance ministry data showed.
More than half of global consumers (54%) have become more focused on saving and more price-oriented (56%) in the last nine months, according to PwC’s Global Consumer Insights Pulse Survey conducted in June.
Romania's finance ministry on Thursday raised RON852.6 million lei (EUR173 million) selling one-year treasury bills at an average yield of 1.97% and a cut-off of 2%, central bank data showed.
Romania's finance ministry on Thursday raised 254.9 million lei (EUR51.7 million) selling bonds maturing in October 2027 at an average yield of 2.95%, central bank data showed.
Romanians have become more interested in the protection offered by insurance in the wake of the COVID-19 pandemic and four in ten Romanians said they were more interested in health insurance than before the pandemic, a poll for the insurers' association UNSAR found.
Romania's parliament has ratified an $8 billion agreement between the governments of Romania and the United States for the refurbishment of one nuclear reactor and the building of two new reactors at the Cernavoda nuclear facility in southeast Romania.
German-owned Hornbach Romania, one of the leading retailers of building and gardening materials on the Romanian market, will be opening its new store, in the city of Cluj-Napoca, on July 15, 2021, which is its eighth store in Romania.
Bonas Import Export, a Cluj-based company that owns the Bonas dairy brand, started trading on the alternative trading system AeRO of the Bucharest Stock Exchange, under the ticker symbol BONA, on Thursday (June 24).
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.50% a year on Thursday (June 24), after stagnating at 1.49% in the last 12 sessions.
Romanian footwear manufacture and retailer ProAlex said Thursday it was temporarily shutting down production and closing its store in Bucharest at the end of June due to lack of staff.20531 items