The gross minimum wage guaranteed in payment will rise to RON4,050 from RON3,700 per month from January 1, 2025, Prime Minister Marcel Ciolacu announced at the beginning of the government meeting on Wednesday.
Reff & Associates | Deloitte Legal assisted Damen Galati Shipyard in obtaining EUR25 million financing from Exim Banca Romaneasca, which will be used by the shipbuilder to implement its investment program, based on the expansion and equipping of ship assembly facilities.
ING Bank Romania ended the first nine months of 2024 with RON2.83 billion revenues, up 13.5% from the year-earlier period, while its loan portfolio grew by 16%.
Agroland Agribusiness, part of Agroland group, specializing in farming input sales, registered RON1.5 million net profit in January-September 2024, up 13% from the year-earlier period.
Engineering and tech group Simtel Team, national leader in the field of renewable energy, is expanding its portfolio by launching a new business line dedicated to energy storage systems, offering comprehensive solutions including consultancy, EPC (Engineering, Procurement, and Construction), commercial operation, service, and maintenance.
Real estate developer Park Properties will in 2025 launch the construction of the third block of Sun Lake Residence project located on the banks of Bucharest Fundeni lake and will reach a total of over 300 apartments in this project, explained Alexandru Manaila, managing partner at Park Properties.
Vitall, a company based in Dolj County and engrossed in natural fodder manufacturing and poultry farming, reported a turnover of RON578.5 million (nearly EUR117 million) for 2023, up 6% from roughly RON546 million (EUR110.7 million) reported in 2022, Ziarul Financiar (ZF) daily has calculated from finance ministry data.
The company Socub, based in Galati County and held by Costel Buca, has started the project for a second furniture plant, which entails an investment of almost RON53 million, with funds from the Just Transition Program.