Roofing manufacturer Caretta increased its number of employees by around 55% in 2022 and intends to expand its team further this year.
Hospital and medical center network Arcadia, the biggest healthcare operator in Moldavia, a family business developed 15 years ago by Fiterman family, has expansion plans, inclusively through a takeover in Bucharest.
Burger King will resume expansion in Romania via a new franchisee, Rex Concepts CEE, which hired Cristian Turculet as head of operations for Romania, to do that.
The general and life insurance market reached a gross written premium volume of RON16.5 billion, preliminary data show, which does not include the gross written premiums of those insurers operating in Romania via the freedom to provide services (FOS) and freedom of establishment (FOE) rights, preliminary official data show.
Romania's finance ministry raised RON1.02 billion on Thursday (February 16, 2023) through two government bond issues, at annual average yields of 6.96% and 7.65%.
With an annual production of 60,000 tons, Romania is the largest producer of walnuts in Europe, ahead of Greece, France and Spain, Eurostat data show. Some of the production is exported, so the leading edible fruit exporters include three businesses that grow or sell walnuts.
Romania's land market remained active in 2022, maintaining trends seen in the past couple of years which marked the best levels since 2007, but dropped by around 45% in volume of deals closed, reaching almost EUR450 million, as per the 2022 Annual Report released by Colliers.
Luxury jewelry chain Teilor, which owns 65 physical stores in Romania and in countries across the region, plus online operations, has appointed Anda Jurca to the position of commercial & product director.
Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about RON200 million (EUR40.5 million) revenue in 2022, up 33% from the RON150 million (EUR30.5 million) of 2021.
Agricover, a significant player in the Romanian agribusiness sector, has appointed Bogdan Dimcea to the position of Chief Executive Officer (CEO) of Agricover Distribution SA.
The European Commission has approved, under EU State aid rules, a Romanian scheme worth EUR259 million, within the Recovery and Resilience Facility (RRF), which is geared towards supporting investments in the production, assembly and recycling of batteries, of photovoltaic cells and panels.
Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has extended the mandate of Dan Niculaie-Faranga as interim Chief Financial Officer (CFO) of the company for another four months.
Orange, leader of the Romanian telecom market, on Thursday (Feb 16) said it registered a turnover of EUR1.57 billion in 2022, down 2.6% compared to 2021.
Binance cryptocurrency exchange platform plans to increase the number of employees at its technology hub in Iasi, opened in September 2022.
On the occasion of the 10th edition of the now traditional event in the Romanian capital market the Bucharest Stock Exchange has granted today 17 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2022.
Romania must implement the European Fair Minimum Wage by 2024. The provisions of the European Directive and its impact on Romanians are included in an analysis by Claudia Sofianu, Partner, Income Tax and Social Contributions leader, and Dan Raut, Manager, Income Tax and Social Contributions, EY Romania
Clifford Chance Badea advised the bank syndicate including Banca Comerciala Romana S.A. and Erste Group Bank AG in connection with the financing of the acquisition by Austrian group Enery Power Holding of the renewable energy portfolio held by the Canadian company Jade Power Trust.
Fourteen European exchange groups, present in twenty-six Member States of the EU, have today announced a joint initiative to participate in the future selection process for the provision of a consolidated tape (CT) for equities in the European Union.
Salary, opportunities for professional growth and the possibility to work remotely are the most important employment criteria of Generation Z, as per the latest survey by online recruitment platform eJobs.
DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, has bought 800 Holstein cows to boost the capacity of Apold farm of Alba county.