Bento – Intellectual Curious (2B Intelligent Soft), a Romanian entrepreneurial company founded in 2004, specialized in developing and implementing software solutions and delivering IT and Cloud infrastructure services, debuted on Wednesday, March 16, on the AeRO market of the Bucharest Stock Exchange, under the BENTO stock ticker.
American company Barings, a leading global investment management firm, has concluded an agreement with MassMutual Romania Global Business Services in order to set up a team of employees in Romania, who will work on a range of strategic projects carried out by Barings.
Metaminds, an integrator of cybersecurity solutions and complex IT solutions, with offices in Bucharest and Ploiesti and 40 employees at present, plans to raise funding in 2022 to support its regional expansion objectives.
East Grain, a grain trader controlled by several entrepreneurs of Romania and Hungary, has budgeted EUR2.8 million investments for 2022, with EUR1.3 million for own truck fleet and EUR1.5 million for purchases of new warehousing bases and for the expansion and retooling of the existent silo network.
Octavian Lazar, a stakeholder in hotel complex Caro Hotels of northern Bucharest, says the company needs workforce as it hasn’t prepared for the current demand increase and it will bring 15 employees from Sri Lanka.
Transport and logistics company Ignite Logistic, based in Sibiu, ended last year with RON40 million revenue, up from the RON35.6 million in 2020, its officials said. It expects revenue to increase by 20% this year, as a result of its new contracts.
Romania’s Competition Council greenlighted a total of 81 transactions in 2021, a record number for the last 15 years. By comparison, the second-best year was 2008 (the last economic boom year before the financial crisis), with a total of 75 approved deals.
US Burger King group, one of the most famous fast-food chains in the world, has stopped development of operations on the Romanian market, where the brand was present by franchising.
Netherlands-based high-tech consultancy firm TMC has made its first acquisition outside the country – a Romanian consultancy company based in capital city Bucharest.
Ovidiu Birsa is the new commercial manager of Edenred Romania, a company that issues benefit vouchers for employees.
Suceava-based paving stone manufacturer Symmetrica, owned by the Stanciu family, said on Tuesday that it invested EUR3.5 million in a new plant in the locality of Solca, Suceava County, and in a new production line at its factory in Prejmer, Brasov County.
The Ovidius Clinical Hospital (OCH) in Constanta has taken out a loan of RON80 million (EUR16 million) from lender ING Bank which will be used for the construction of a new building that will include the first section of interventional cardiology and cardiac surgery in the region of Dobrogea.