Romanian state-owned energy utility group Electrica (EL.RO) on Friday said it ended the first three months of 2021 with a net profit of RON57.9 million, down 27.7% from the year-earlier period.
Timisoara-based Sport Mechanical Workshop, which assembles bicycles for sporting goods retailer Decathlon, will inaugurate ai second plant in the city in the fall, the manufacturer said on its Facebook page.
French DIY retailer Leroy Merlin will open a store in Targoviste Friday, its first in Dambovita county, and 19th in Romania.
Romanian state-owned hydropower producer Hidroelectrica will pay dividends totaling RON2.3 billion this year, after the Romanian state approved an additional RON1 billion dividend distribution request from minority shareholder Fondul Proprietatea.
The European Bank for Reconstruction and Development (EBRD) has subscribed to a EUR24.7 million ticket as part of an inaugural five-year EUR300 million green bond issuance by MAS Securities BV.
Romania's finance ministry on Thursday raised 967 million lei (EUR196 million) selling one-year treasury bills at an average yield of 1.9%, central bank data showed.
ATP Trucks Automobile, part of ATP Group in Baia Mare, northern Romania, announced the launch of its ATP Bus e-UpCity electric bus with an autonomy of up to 360 km.
Real estate consultancy company Cushman & Wakefield Echinox said Thursday it has expanded and consolidated its Land & Industrial team by recruiting Liviu Marginean and Stefan Radeanu, two specialists with a combined experience of 22 years in the real estate market, within the department coordinated
Binderbubi Hotel & SPA in Medias, central Romania, has reopened following extensive renovation and has joined the Mercure network of French hotel management group Accor.
Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre.
Agroland (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has appointed Adrian Hutiu as Chief Operating Officer.
Paul Prodan, president of BT Capital Partners – the financial services division of Banca Transilvania Group, has been elected President of the Supervisory Board of regional investment fund SIF Transilvania (SIF3.RO).
Romanian company Modular Services, which provides IT services and Outsourcing specialized in legaltech and fintech solutions, is opening a second office in Romania's northeast region.
The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a net profit of RON2.03 million in the first quarter of 2021, down 54% from the same period in 2020.
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, listed on the AeRO market of the Bucharest Stock Exchange since October 2020, announces total investments of RON62 million in expanding the land area it operates and in upgrading existing farms.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended the first quarter of 2021 with a net profit of RON6.3 million, up 57% on the year, and a turnover of RON47.8 million, higher by RON3.1 million than in the same period in 2020, per the company’s financial report.
MedLife Group (M.RO), the leader of the private medical services market in Romania, ended the first three months of 2021 with a net profit of RON36.1 million, increasing more than fivefold compared with RON6.4 million reported in the year-earlier period, per the company’s financial report.
The average net salary in Romania grew 5.4% in nominal terms in March 2021 compared with February 2021, to 3,547 lei (around EUR720), data from the country's statistics board showed Thursday.
Germany’s Kärcher group has a plant in Curtea de Arges and will open a new one in the same city in 2021. The investment in the two plants stands at EUR35 million.
Romania's annual inflation rate stood at 3.2% in April 2021 compared with April 2020, data from the country's statistics board showed Thursday.