Carrefour Group, active in grocery retail sector, has signed a partnership with Rompetrol Downstream, which operates a network of more than 1,000 filling stations in Romania, to open a number of "test" stores in the gas stations, ZF has found.
The local subsidiary of Polish company Kruk has grown from a team of 15 to more than 600 people in 15 years, a development that has gone hand in hand with rising debt levels of consumers and sometimes radical changes in the labor market.
Norofert (NRF.RO), an agri-food conglomerate that covers the entire chain of agricultural production, from vegetable production to the sale and distribution of organic inputs, celebrated on Thursday (March 3) two years since its listing on the AeRO market of the Bucharest Stock Exchange.
Romania's finance ministry on Thursday (March 3) raised nearly RON456 million (EUR92.1 million), below the planned target of RON900, selling bonds and treasury bills and maturing in 2030 and June 2022, at annual average yields of 6.06% and 4.01%, respectively.
The world's largest sovereign wealth fund, with about $1,400 billion in assets, i.e. six times what the Romanian economy produces in a single year, was a shareholder in nine companies listed on the Bucharest Stock Exchange at the end of 2021, with a total investment value of about $97 million (RON432 million).
Business angels investment platform Growceanu has announced the launch of an investment application which facilitates the development of tech startup portfolios, eliminating all the hassle related to the administrative process, company representatives said in a statement on Thursday.
Euroins Romania, par of Bulgaria’s Eurohold Group, ended 2021 with underwritten gross premiums of RON2.2 billion (BGN888 million), up 67% from 2020, in line with data from the group’s financial report.
Online supermarket sezamo, part of Czech Rohlik Group, which will be inaugurated in Romania this spring, has announced the creation of some 1,000 jobs in its first year of activity on the local market.
The European Union's dependence on Russian gas must end and countries must insist more on alternative energy sources, Romania's President Klaus Iohannis told a joint news conference with European Commission President Ursula von der Leyen, held in Bucharest on Thursday (March 3).