Candidates’ interest in remote jobs stayed high in the first three months of 2023, while the number of applications for jobs abroad registered a significant decline, reveals an analysis by eJobs.ro, the biggest online recruitment platform in Romania.
Romanian business managers predict soaring prices in retail and constructions, but also in industry and services, during March-May 2023 period, in parallel with moderate activity growth in the processing industry and services, in line with a survey by the country’s statistical board INS.
Sofidel Romania, the producer of hygienic sanitary paper brands such as Onda, Volare and Regina, for 2022 reported turnover worth RON349.7 million (EUR70.9 million), up 30% from 2021, and switched back to profit, with net gains of RON10.2 million (EUR2 million), from net losses of RON9.1 million (around EUR1.8 million) in 2021.
Baupartner Construct, part of Baupartner group controlled by Michael Dietrich, is the general entrepreneur in charge with building Promenada Mall of Craiova, the biggest mall in Romania in the past seven years.
Furniture and home products retailer JYSK continues its expansion plans in Romania and opens a new store in Campulung Muscel on Thursday, March 30, bringing its network to 131 stores in the country. The new JYSK store in Campulung Muscel has a total area of 1,400 square meters.
Romania's Finance Ministry raised RON556 million from banks on Monday (March 27) selling bonds maturing in 2027, at an annual average yield of 7.15%.
Unilever, one of the world's largest producers of consumer goods, has completed its investment in the development of food production in Prahova County (Ploiesti) in Romania, ZF sources say. The investment stands at EUR40 million-EUR50 million, one of the largest in the local food industry in recent years.
Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by the Extraordinary General Meeting of EximBank Shareholders on Monday.
AirConnect, an airline established by Tudor Constantinescu and four other private investors in 2021, launched its first scheduled domestic and international flights on Monday.
Combinatul de Ingrasaminte Chimice (CICh) Navodari, the only Romanian producer of fertilizers and professional biostimulants, has appointed Mihai Anitei, former country manager of Swiss-held Ameropa, which operates the largest grain trader and the largest fertilizer producer in Romania, chief executive officer.
eMAG’s chief marketing officer Irina Pencea has been appointed chief executive officer of eMAG Romania, a position held by Tudor Manea in the last two years, who is also the group CEO.
2Performant, the main player on Romania affiliated marketing market, expects RON48.6 million turnover in 2023, up 39% from 2022, and RON836,000 profit, three times bigger than the 2022 figure.
Romania’s operating leasing market in 2022 rose in line with the automotive market, going beyond 80,000 units under management, representing an increase by over 4,000 cars, 5% respectively, from end-2021, in line with estimates by the association of operating leasing companies (ASLO).
Sphera Group, the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, estimates restaurant sales will top EUR320 million in 2023, up 21% from 2022, while normalized EBITDA is expected to go up by 58%, to EUR32.5 million.
Arctic Stream, an IT infrastructure and security integrator listed on the Bucharest Stock Exchange, expects turnover worth RON102.5 million (EUR20.83 million), in 2023, up 25% from 2022. Net profit is forecast to rise by 23% from RON6.76 million in 2022, to RON8.49 million.
Hotel group Bacolux, controlled by brothers Marius and Razvan Bazavan, ended 2022 with revenues worth EUR10 million, up almost 50% on the year.
Pinum Doors & Windows, part of Italy’s Nusco group, controlled by Nusco family, ended 2022 with revenues of above EUR22 million, up 30% from 2021 on the rising demand both locally and in Europe.
Calin Ilie, head of the Federation of Hoteliers in Romania, says the local market is expected to return to 2019 level this year, maybe even overshoot pre-pandemic figures.
Food supplements and tea producer Dacia Plant, with a 20-year history locally, will have a 40% bigger production capacity by yearend and the brands manufactured in Romania will also be exported on several new markets for the company.
Financial investment company Evergent Investments (EVER.RO) has called shareholders for April 27 to vote on the distribution of dividends of up to RON82.7 million or a gross dividend per share of RON0.09.