Found 20531 news
Romanian airline Blue Air will be connecting the country’s city of Iasi to 14 local and international destinations, by introducing direct flights to London Heathrow and Bucharest Otopeni, while also operating 12 connecting flights from Iasi via its hub in Bucharest, within the 2021 summer schedule.
Vegan restaurant operator Samsara Foodhouse, based in Cluj-Napoca, has inaugurated its first restaurant in capital city Bucharest, on the ground floor of mixed-use project ONE Floresca City.
Agricultural seeds producer KWS Seminte, the Romanian division of German KWS SAAT SE & Co. KGaA Group, is investing EUR6 million in retrofitting and upgrading its corn processing and conditioning station in Braila, according to company representatives.
Alliance Healthcare, formerly known as Farmexpert, the third largest medicine distributor on the local market, ended 2020 with a turnover of RON3.8 billion, up 8% on the year, per calculations by Ziarul Financiar (ZF) based on company data.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 1.53% a year on Monday (May 31), after stagnating at 1.54% in the last 14 days.
Banca Comerciala Romana (BCR) listed on Monday (May 31), the largest bond issue on the Bucharest Stock Exchange (BVB), worth RON1 billion. The bonds listed today under the ticker BCR28 are traded on the BVB’s Main Market.
Romania’s five regional investment funds SIFs listed on the Bucharest Stock Exchange saw a 2.3% growth in combined net assets to RON10.5 billion in April 2021, considering that all five SIFs saw increases, according to Ziarul Financiar (ZF).
Romania's seasonally adjusted unemployment rate stood at 5.7% in April 2021, lower by 0.1% than the 5.8% level reported in April 2020, data from the country's statistics board showed Monday.
Paint, coatings and other construction material manufacturer Daw Benta has begun construction of its face brick plant in Mures County. The investment stands at RON17.5 million and the manufacturer of state aid for it.
MOL Romania, the local subsidiary of Hungary’s MOL group, ended last year with RON5.54 billion (EUR1.15 billion) revenue, about 20% lower than in 2019, Finance Ministry data show.
Help Net, the third leading actor on the pharmaceutical retail market in Romania, ended 2020 with RON1 billion sales, an increase of 32% on the previous year, ZF has calculated from the data the company supplied.
Romaqua Group, the largest local producer on the Romanian mineral water and beer market, had sales of RON841.5 million in 2020, just 0.3% lower on the year, despite the pandemic.
Romanian state-owned hydropower producer Hidroelectrica plans to invest massively in green energy in the next years, seeking to add 300 MW off-shore wind capabilities and 300 MW on-shore wind capabilities.
Optical Investment Group, owned by investment fund Innova Capital, has completed the merger with Optiplaza and Optical Network, acquired in 2019.
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, is completing an investment project worth RON16.8 million, financed from EU funds, whereby Gorban, Pascani and Hirlau transformer stations in Iasi County were upgrade and integrated into SCADA (supervisory control and data acquisition).
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, ended the first quarter of 2021 with a turnover of RON497 million, up 63% from RON307 million in the same period in 2019, and switched to a net profit of RON118 million in January-March 2021, from a loss of RON17.3 million in the year-earlier period.
German-owned discount retail chain Penny, which operates a network of almost 280 discount stores in Romania, seeks to extend its local partnerships in order to boost the number of stores with butcheries to 375 units until 2029 from 135 units at present.
Liberty Steel Group has appointed Aida Nechifor as the general manager of its Liberty Galati plant in Romania, the company announced Friday.
Fondul Proprietatea (FP.RO) has summoned the ordinary general meeting of shareholders on July 16, 2021 to approve the payment of a special gross dividend of RON0.07 per share, with the total amount reaching RON504 million.
Real estate developer Impact Developer & Contractor, held by entrepreneur Gheorghe Iaciu, has signed two mortgage loan agreements with CEC Bank worth a total EUR13.4 million, and the funds will be used to fund the construction of the Boreal Plus residential project it is developing in northern Constanta.20531 items