Romania's current account balance posted a deficit of EUR18.3 billion in January-October 2023, lower by 20% than the EUR22.9 billion level reported in the same period of 2022, central bank data showed on Thursday (December 14, 2023).
Finnish company Nokian Tyres, a major player on the global tire market, is stepping up hiring for the future plant of Oradea, having 350 jobs available for 2024 for managers, as well as production area operators.
Accor, one of the world’s largest hotel group, has announced the opening of Swissôtel in Poiana Brasov starting 2024.
US logistic company GXO, which manages the warehousing and distribution of freight from the food and non-food industries in several warehouses of Romania, has expanded its distribution services from warehouses to stores for supermarket chain Mega Image.
Bear King, the restaurant specializing in wurstgers Vlad Mihail and Darius Lumperdean opened in Targu-Mures in 2019, will end this year with RON1 million turnover, with 2023 being the best year in the history of the business.
Chiajna-based Omnia Plast, controlled by Italy’s Sunino Spa, which produces winter sports equipment, toys and other plastic items in three local plants, currently has 115 jobs available at the production unit of Satu Mare.
Japanos restaurant chain started in Bucharest has now reached nine units, of which six locally and a unit in Paris, Abu Dhabi and Santa Lucia each. The company’s plans for the near future envisage tapping into the markets of Dubai, Algeria and Kosovo.
Omniasig, a company owned by Austria’s Vienna Insurance Group (VIG), at the end of the first nine months of 2023 reported gross underwritten premiums of above RON1.7 billion, up 10% from the year-earlier period.
The Ramada Plaza Hotel in the southern city of Craiova, the city's only unit affiliated to an international hotel chain, anticipates to end 2023 with a turnover of EUR4 million, compared to EUR3.5 million in 2022, according to its owner, Radu Berceanu, a former transport minister.
Cluj-based Hexagon Group, controlled by businessman Florin Maris, has acquired a 7-hectare plot of land, which represents the former Tehnofrig industrial site in Cluj-Napoca, in the northwestern part of Romania.
Kinga Daradics, known on the local market for her mandate of Chief Financial Officer (CEO) of MOL Romania, one of the most powerful companies on the local oil market, has taken over the position of Managing Director of eMAG Hungary, starting December 2023.