The leader of the health insurance market in Romania in 2020 was Signal Iduna, with RON126 million gross written premiums, an increase of 27.3% on 2019, followed by Allianz-Tiriac and Groupama.
Prices of old three-room apartments in Bucharest went up by EUR150 or 0.15% to EUR98,850 on average in March compared with February, real estate consultant SVN Romania data show.
Romania's seasonally adjusted unemployment rate grew to 5.7% in February from 5.6% in January, data from the country's statistics board showed Tuesday.
Hotel complex Alpin Resort Hotel in Poiana Brasov mountain resort (Brasov County, central Romania), held by businessman Claudiu Aron, reported revenue of just RON23 million in 2020, down 57% from RON55 million in 2019, per finance ministry data.
Construction company Nord Conforest Invest, held by entrepreneur Dorin Aschilean, is developing a residential compound in Gilau locality, 20 km off the city of Cluj-Napoca, an investment of approximately EUR2.6 million covered by a bank loan and from own funds.
Mobile game developer Firebyte Games will start trading its shares on the AeRO market of the Bucharest Stock Exchange on Tuesday (April 6) under the ticker symbol FRB.
Romania’s Competition Council carried out unannounced inquiries at the head offices of companies Samsung Electronics Romania SRL, Altex Romania SRL, Flanco Retail SA and Dante International SA, regarding alleged collusions and/or price fixing.
Romania's finance ministry on Monday raised 580 million lei (EUR117.9 million) selling bonds maturing in June 2026 at an average yield of 2.59%, central bank data showed.
Winemaker Purcari (WINE.RO) has summoned its shareholders on April 28 to approve, among others, the distribution of dividends in the amount of RON26 million from the accumulated profits, which, considering the share capital issued at present (20 million ordinary shares) represents a dividend of RON1.3 per share.
Huawei Consumer Business Group reported 12% annual growth in sales in Romania in 2020, with over one million smartphones sold.
Developer One United Properties has obtained the building permit for the residential component of One Cotroceni Park, a mixed-use project currently under development on the site of the former Ventilatorul platform in Bucharest.
Online retailer eMAG has decided to permanently adopt a hybrid working system combining remote and office work for its 3,000 employees in the head office, IT hubs and customer care centers.
Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) announced it has terminated the contract for the construction of a combined cycle gas turbine power plant in Iernut, central Romania.
Retail sales in Romania grew 0.2% on the month in February and 0.6% when adjusted for seasonality and number of working days, as sales of non-food items grew 0.2%, food sales grew 2.8% and fuel sales dropped 5%, data from the country’s statistics institute showed Monday.
Online retailer evoMAG, one of the main computer and electronics retailers in Romania, plans to raise EUR2 million to EUR5 million in capital this year to be able to fuel a faster paced growth than before.
ATOSS Software, one of the largest software companies active in the western region of Romania, has leased 2,000 square meters of office space in the Vox Technology Park project in Timisoara, where it plans to relocate its team starting May.
Dedeman, the largest Romanian entrepreneurial business and the leader of the local DIY retail, has completed installation of solar panels at 38 of its 54 stores in the country.
Former McDonald’s Romania chief executive officer and minority shareholder Daniel Boaje has bought the McDonald’s franchise for ten restaurants in Austria from entrepreneur Dietmar Kuhn.
Sales of hand sanitizer went up 900% in 2020 compared with the previous year. Romanian consumers spent some EUR7.5 million on such products last year, compared with only EUR750,000 in 2019, ZF has found from market actors.
French-held Smart Wood group, which makes wooden coffee stirrers and ice cream sticks, has almost completed its investment in a EUR10 million plant in Onesti, Bacau County.