Alukönigstahl Romania, the local division of aluminium systems producer Austria’s Alukönigstahl, on Thursday said it ended 2020 with a turnover of RON100.5 million (EUR21.5 million), down 10% from 2019, and a net profit of RON14.5 million, from RON16.5 million in 2019, per finance ministry data.
Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in June 2026 on low demand, central bank data showed.
Real estate consultancy company Cushman & Wakefield Echinox announced Thursday it was consolidating its Asset Services team by recruiting Serban Iliescu, a specialist with 18 years of experience in the real estate market, as Property & Technical Manager.
Romanian employer branding and recruitment platform Undelucram.ro seeks to raise EUR600,000 financing for 12.2% of its shares and plans to use the money for regional growth and developing its machine learning and job matching algorithms.
The European grocery retail real estate market has remained resilient in the face of economic uncertainty, as the COVID-19 pandemic provided new opportunities for growth and increased investor appetite, a trend that is also apparent in Romania, real estate consultancy company JLL said Thursday.
ENGIE Romania, the largest natural gas distributor in Romania, has acquired a 5.46 MW solar park located in Teleorman, southern Romania, from two German investors.
Transport Trade Services (TTS), the biggest freight transporter on the Danube, expects to raise up to RON315 million in an IPO later this month.
Demand for cars is on the rise, says Alin Tapalaga, general manager of Porsche Inter Auto, as many companies postponed refreshing their fleets in 2020.
Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad.
Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found.
Airline Ryanair said it would launch 14 new routes from Romania; the 2021 summer schedule currently includes 146 flights per week to 41 destinations.
Romanian Taparo Group, which operates in the furniture industry, ended 2020 with a turnover of RON220 million and for 2021, it targets revenue of RON300 million, said Mihai Filip, shareholder of Taparo Group.
E.ON Energie Romania targets a turnover of RON5.35 billion (nearly EUR1.1 billion) in 2021, 27% higher than the level reported in 2020. This year’s optimistic business forecasts come after a 4% higher demand for electricity and an 8% higher demand for natural gas in the first quarter of 2021.
Building materials producer Sika, together with AdePlast – a company which Sika had integrated in 2020 – registered a total turnover of RON769.2 million in 2020, up 13% from a combined turnover of RON679 million in 2019.
Smithfield Romania, the largest actor on the pork market in the country, ended 2020 with a turnover of RON1.3 billion, up 5% on the year, per calculations by Ziarul Financiar (ZF) based on data from company representatives.
The Bucharest Stock Exchange (BVB) on Wednesday said the shares of Romanian dairy producer Agroserv Mariuta would start trading on the AeRO market, the equity segment of the Multilateral Trading System (MTS), under the ticker symbol MILK, on Friday, May 21.
The company Ra-Ra Hotels, part of Ra Ra Group Brasov, has concluded a financial agreement with lender EximBank to develop the Radisson Blu Aurum project.
Mediapost Martech, a company specialized in automating marketing, sales and support services for customers and also part of the Mediapost Hit Mail Group, has obtained the HubSpot Platinum Partner certification after only one and a half year of activity on the market.
Romanian lender CEC Bank will be financing the construction of a new factory built by local dairy producer Artesana in a EUR5 million investment.
Shareholders of telecommunications operator Digi Communications (DIGI.RO) approved on May approved the distribution of a gross dividend of RON0.75 per share, per a summoning note published on the stock market.