Romania Feed

EDP ​​plans to invest 1.5 billion euros in the development of renewable wind projects in the ocean by 2025, reinforcing its commitment to accelerate the energy transition including through offshore wind. Next week, the group will take part in the Ocean Conference promoted by the United Nations (UN) to announce its investment strategy and sustainability […]

METRO, the leader in wholesale trade in Romania for over 25 years, is constantly looking to offer the best solutions for the success of its customers’ business, and the meat range is and will be a priority, as a response to the needs of customers in the hospitality industry. of those in the traditional trade […]

Simtel Team (SMTL.RO), a Romanian engineering and technology company, announced on Friday (June 24) the signing of a partnership with Axell Green Energy, part of the Carmistin Group, one of the largest players in the agri-food market in Romania, which aims to build and install photovoltaic power plants for some of the group’s locations.

Roshen One, part of the international group in the chocolate sector Roshen of Ukrainian billionaire Petro Poroshenko, posted RON167.9 million (some EUR34 million) revenue in 2021, an increase of 36% on the previous year, Finance Ministry data show.

MedLife, the leader of the private medical services market in Romania, announced on Friday (June 24) the acquisition of the full package of shares of Medicris Oradea Group, the largest center of occupational health and related services in Bihor County.

For the 21st edition of the Transilvania International Film Festival (17 – 26 June), 9 of the 12 feature films presented this year in the Romanian film competition are authored by first-time directors, many of them already applauded and awarded by the juries of major international festivals. Cinephiles are invited to discover them for the first time […]

Raiffeisen Bank, key player in the Romanian banking sector, is listing a new issue of green bonds, worth RON525 million, at the Bucharest Stock Exchange, on Friday (June 24).

UNTOLD Festival brings a new partner for the 2022 festival – Genius, the subscription for free shipping and exclusive offers in 4 top online commerce apps – eMAG, Tazz, Fashion Days and Freshful. Genius’ subscription to free delivery and exclusive offers in 4 apps can bring to new customers an unlimited free subscription to all […]

Tissue paper manufacturer MG TEC Industry, based in Dej and founded in 2018 by entrepreneur Vasile Hasmasan, distributes 60% of its products to several countries across Europe.

US Burger King group, one of the most famous fast-food chains in the world, reported a turnover of RON54 million in 2021 in Romania, more than double the level reported in 2020.

Synevo Romania, the largest player in the medical laboratory market, posted RON447 million revenue in 2021, up 40% compared with the previous year, according to the data submitted by the company for the ”Cei mai mari jucatori din economie” (Key players in the economy) yearbook.

Romania's finance ministry raised RON550 million on Thursday (June 23), above the planned level of RON300 million, selling bonds maturing in 2034, at an annual average yield of 9.07%.

Raffaello Shoes Factory, the largest footwear manufacturer in Romania, held by Italy’s Grisport, reported for 2021 a net profit of nearly RON7.3 million (EUR1.5 million), tenfold higher than nearly RON713,000 (EUR148,000) reported in 2020, as per public data.

LEMET, one of the largest local furniture manufacturers in Romania, has invested more than EUR7 million in the construction of new production facilities and the development of the LEMS furniture store network in the first half.

OMV Petrom, the largest integrated energy company in Southeastern Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by co-processing locally produced rapeseed oil, the company said in a stock market report.

After the acquisition of COS Targoviste in March this year, AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, started the process of staff recruitment and modernization of the plant and started the production of rebar under the Donalam brand, thus reaching two steel processing plants in Calarasi and Targoviste.

Cristian Secosan, General Director of Delgaz Grid Romania, was re-elected for a new term as president of the Foreign Investors Council (FIC).

Softbinator Technologies, a Romanian software company founded by Daniel Ilinca, on Thursday announced the conclusion of a sale-purchase agreement for the full takeover of E-spres-oh, an IT company based in Timisoara, in order to expand its customer portfolio, especially on the US market.

Bicycle manufacturer Eurosport DHS, controlled by Chinese and German investors, posted RON388.6 million (EUR79 million) revenue in 2021, up 16% from the previous year’s more than RON334.8 million (EUR69.2 million), ZF has calculated from publicly available data.

The management of technology company AROBS Transilvania Software (AROBS.RO) on Thursday (June 23) informed the market about the start of the buy-back program of its own shares, that will take place between June 23, 2022 and December 20, 2023.