International freight forwarding and logistics group International Alexander, based in Arad, has made a new bet on the local market and launched an online store.
The four-star International hotel of Sinaia, one of the largest units in the mountains resort, with a 180-room capacity, in September and October operated at an average occupancy rate of 80%, above the 2019 level and for November its officials project a 75-80% rate.
Affidea Romania, the biggest player on Romania’s medical imaging market, hopes to open five new centers in 2023.
Swiss-held real estate developer Artemis, which owns a number of logistics properties in Romania, has started work on its fourth building in the Sanandrei Industrial Park near Timisoara.
Electric component maker Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller, has started construction of two new production facilities at its Tautii-Magheraus, Maramures County, site.
Romanians bought medicines worth RON24 billion (EUR5 billion) in the period October 2021 – September 2022, at wholesale prices, 21% more than in the year-earlier period, in line with the Cegedim Customer Information report.
Real estate developer Hercesa on Thursday said it will invest EUR52 million in a new real estate project in capital Bucharest’s Ghencea area.
2Performant Soft (Bento), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, on Thursday reported operating income of RON19.2 million for the first nine months of 2022, up 1% on the year.
Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), ended the first nine months of 2022 with underwritten premiums of RON1.5 billion, up 35% on the year, as per company data.
iHunt Technology Import-Export (HUNT.RO), a supplier and manufacturer of mobile phones and gadgets, on Thursday reported a net profit of RON3.65 million for January-September 2022, down 28% on the year, the company said in its quarterly report.
Romanian parcel delivery company Sameday, owned by eMag, saw a 20% increase in the volumes delivered on the Black Friday sales campaign, reaching a total 3.6 million parcels.
In September 2022, the volume of construction works in Romania rose, in unadjusted data, by 26.4% compared to September 2021 and was up 27.2% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS.
Romanian government via the Authority for State Assets Management will take over 75% in Blue Air, becoming the majority shareholder of the airline.
Wizz Air announced on Thursday (Nov 17) that would operate a new route from Romania to Israel, starting January 2023.
The number of online card transactions in Romania increased by almost 27% on November 11, 2022, when most merchants carried out the Black Friday sales campaign, as compared to the previous edition, as per data from NETOPIA Payments, the most used online payment processor in Romania.
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening on Dec 15, 2022 its first store in Romania, within the ParkLake shopping center.
Grants of up to EUR500,000 will be extended to Romanian firms that process grain, oilseeds and milk under a scheme approved by the Government through an emergency ordinance on November 17.
Governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty, according to the latest EY Renewable Energy Country Attractiveness Index (RECAI 60).
After the first ten months of 2022, Romania ranks 13th in the EU, with a volume of 105,817 new passenger cars registered, up 8.1% compared with January-October 2021, in line with data provided by ACAROM, the association of car manufacturers in Romania and ACEA.
Augustin Dragan, the new owner of Diverta bookstore chain, says that in around 4-5 years wants to expand the network to around 35 stores, double the current size of 18 units.