German-held discount store chain Lidl, the leader of the local grocery retail by 2023 sales (RON22 billion), has put up for sale the warehouse it owns in Nedelea, Prahova County. The warehouse has a surface area of 38,054 square meters or almost 4 hectares.
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, ended 2023 with a turnover of RON194.8 million (EUR39.4 million), up 18.1% from RON164.9 million (EUR33.4 million) reported in 2022, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Allianz-Tiriac, the second largest insurer in Romania, ended the first quarter of 2024 with a volume of gross underwritten premiums of RON910 million, up 7% on the year, with the biggest increase, of 27%, being recorded by the life insurance segment, as per data provided by company representatives.
IT infrastructure and security integrator Arctic Stream (AST.RO) on Wednesday notified the stock market of a recently started inspection by the Competition Council targeting several companies in the Romanian IT sector, a report filed with the Bucharest Stock Exchange shows.
Paint manufacturer Policolor - Orgachim ended 2023 with consolidated revenue of EUR71.2 million and expects it to reach EUR77.7 million in 2024, the group announced on Wednesday.
The ten largest stockbrokers on the Bucharest Stock Exchange, i.e. those financial investment companies unaffiliated to banking groups, ended 2023 with RON235 milion revenue together, an increase of 13% on 2022 and significantly improved profitability after gaining new clients.