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MedLife (M.RO), the leader of the private medical services market in Romania, said Friday in a stock market announcement that it took full shareholding of Bucharest-based Ghencea Medical Center after completing its shareholding package with additional 10% stake, thus reaching 100%.
Renault Group will produce the new Dacia Spring Electric in China, Dacia confirmed Thursday.
Romania ranks 14th in the European Union regarding new car registrations in January-September 2020, with 84,601 units, 31.8% fewer than in the same period in 2019, data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed Friday.
Romanian construction works increased by 17.3%, as gross series, and by 19.2%, as adjusted series according to the number of working days and to seasonality, in January-August 2020, compared with the same period in 2019, the country’s statistics institute said Friday.
Damen Shipyards Mangalia held by Netherland’s Damen group, ended last year with more than 131 million lei (EUR26.8 million) revenue, an increase of 16% on the previous year, when it posted RON112.6 million (EUR23 million) revenue, financial platform Confidas data show.
Monza Hospital in Bucharest held by Italy’s Policlinico di Monza group, ended 2019 with 27% higher revenue year-on-year, 176.9 million lei, Finance Ministry data show.
French-held Carrefour group, whose online operations include the Bringo delivery service and an online store, has hired Ioana Ilie-Dobre, the former country manager of Uber Eats. Uber Eats decided to leave Romania and a number of other countries this summer.
Dacia is now writing a new chapter in its history with the unveiling of its first all-electric model, Renault Group said Thursday with the presentation of the Dacia Spring Electric show-car.
Romania's finance ministry on Thursday raised 968 million lei (EUR198.6 million), versus a RON700 million target, selling bonds maturing in October 2023 at an average yield of 3.07%, central bank data showed.
The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of 2020, financial supervision body data showed Thursday.
Dedeman, the largest Romanian entrepreneurial business and biggest local do-it-yourself (DIY) chain, will be opening its second store in Prahova County, in the Blejoi commune, some eight kilometers off the town of Ploiesti.
The Tazz by eMAG application has attracted investments of over RON25 million over the past six months, which will be used to develop the technology segment and the infrastructure, as well as to increase the team and extend the partnerships with restaurants and retailers.
Three in four office tenants expect rent will decline by the end of 2021 and nearly 75% of office tenants and owners think the pandemic will continue to affect their operations, a survey by Colliers International showed Thursday.
The software development center of Dutch ING Group in capital Bucharest has reached 1,000 employees after hiring 200 IT experts in 2020, and plans to continue hiring in the coming months.
The office space surface area traded in capital Bucharest and in Romania’s large cities exceeded 200,000 square meters (sqm) in January-September 2020, of which the net demand accounts for nearly 40%, while relocations and contract renegotiations make up for the rest.
State-owned Eximbank will grant a loan of RON300.8 million to low-cost private airline Blue Air to compensate for the losses directly caused by the coronavirus pandemic, through a government decision of October 14, 2020.
Online retailer evoMAG, held by entrepreneur Mihai Patrascu, expects a nearly 20% increase in sales at this year’s Black Friday sales campaign, compared with 2019, and it decided to increase stocks by 50%.
Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands in Romania, appointed Lucian Hoanca to the position of Chairman of the Executive Board, on Wednesday (October 14, 2020).
Flexpresso, a company based in Craiova (southern Romania) makes almost 15 million lei worth of coffee a year which it sells to various businesses. The company makes several types of coffee - instant, ground, or beans, though it started out with coffee pods.
Furniture manufacturer Simex, based in Simleu Silvaniei (Salaj County, NW Romania), posted more than 35.1 million lei (EUR7.4 million) revenue in 2019, an increase of 18% on the previous year, ZF has calculated from Finance Ministry data.18948 items