Romaqua Group Sees Fifth Year of Growth in a Row, Posts RON843M Revenue in 2019
05.18.2020
Romaqua Group, the largest Romanian producer on the mineral water and beer market, ended 2019 with RON843.9 million revenue, about 3% more than in 2018, Finance Ministry data show.
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Profi Opened 22 Stores in November today, 09:22
Retail chain Profi held by buyout investor Mid Europa Partners continues expansion, having opened 22 new stores in November. more
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Sporting Goods Retailer Hervis Optimistic About 2021 today, 09:07
Sporting goods retailer Hervis has opened only two stores out of the planned 10 this year, amid the pandemic, Hervis Romania CEO Catalin Pozdarie... more
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Poultry Processor AAylex Prod Revenue Up 7% to RON575.8M in 2019 yesterday, 10:21
AAylex Prod, part of the AAylex group, one of the largest actors in the poultry industry in Romania, posted 575.8 million lei (EUR121.5 million)... more
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`Made in Romania’ Drugs Account for Only 8% of Market by Value 11.30.2020
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only... more
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Swedish Group Holmbergs Acquires Romanian Te-Rox Prod 11.27.2020
Romanian Te-Rox Prod, a producer of covers and harness systems for child safety seats founded by Doina and Roxana Cepalis, has sold its operations... more
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TeraPlast Approves RON45M as Dividends from Jan-Sept Profit 11.27.2020
Shareholders of construction materials producer TeraPlast Bistrita (TRP.RO) on Friday approved the distribution of RON45.3 million as dividends... more
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Unirea Shopping Center Gets Shareholder Approval For Share Buyback Program Of RON30M Tops 11.27.2020
Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a... more
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Former NN Pensii Chief Raluca Tintoiu Wins Case Against Financial Regulator 11.27.2020
Raluca Tintoiu, the former general manager of NN Pensii who decided to warn the fund's 1.9 million contributors in 2017 over political decisions... more
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Brico Dépôt Stores In Romania Report EUR82M Sales For 3Q/2020 11.27.2020
UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the... more
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Fildas Leases Warehouse in VGP Project in Brasov 11.27.2020
Fildas, a medicine wholesaler founded by entrepreneur Anca Vlad, has leased a 3,400 sqm warehouse and 400 sqm of office space in the logistics... more
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Chimcomplex Borzesti Turnover Drops 22% To RON804M, Loss Widens To Nearly RON33M In Jan-Sept 2020 11.27.2020
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim platform, on Friday reported a turnover of RON804 million for... more
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CTP Acquires Mobexpert Warehouses On A1 Highway From Dan Sucu 11.27.2020
CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has acquired the... more
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Foodpanda Expanded Operations To 19 New Cities In 2020; Seeks To Cover Over 60 Localities In 2021 11.27.2020
Food ordering and delivery platform foodpanda has expanded its operations to 19 new cities in 2020 and seeks to cover two other localities by the... more
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Holde Agri Invest Switches Profit In Jan-Sept 2020; Targets RON40-45M Turnover For The Entire 2020 11.27.2020
Holde Agri Invest, a Romanian company operating farmland, reported a consolidated turnover of RON26 million and a net profit of RON1.5 million for... more
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EU Funding Take-Up and Forthcoming Elections Good for Wienerberger’s Business in Romania 11.27.2020
Austrian-owned brick manufacturer Wienerberger Romania did well in the first nine months amid high demand for two reasons. more
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Car Sharing Company Spark Could Be First to Get Dacia Spring Electric Vehicle in Its Fleet 11.27.2020
Car sharing company Spark could be the first operator to use Dacia Spring electric cars in its fleet, as it is already in talks with the Renault... more
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Sportswear Retailer GRID Opens First Store in Bucharest 11.26.2020
Romanian sportswear retailer GRID, owned by entrepreneurs Popa and Nania Nicolae, has opened its first store in Bucharest, in Shopping City Baneasa. more
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JYSK Romania Turnover Grows 5.3% YoY To RON612M In 2019-2020 Financial Year 11.26.2020
Scandinavian furniture and home décor retailer JYSK Romania reported a turnover of RON612,5 million in 2019/2020 financial year, up 5.3% on the... more
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Insolvent Romcab May Resume Stock Market Trading 11.26.2020
Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO, suspended from trading since February 2017), on Thursday said it had... more
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2Performant Expects Stock Market Listing By Year-End 11.26.2020
2Performant, a Romanian technology company specialized in e-commerce and digital marketing, expects to start trading its shares under the ticker... more
Fondul Proprietatea (FP.RO), which owns 20% in state-owned power producer Hidroelectrica, said Tuesday the government shouldn't approve
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The global economy is projected to decline by 4.9% in 2020, the International Monetary Fund said in its June 2020 latest World
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New commercial vehicle registrations in Romania declined by 42.5% in May 2020 compared with May 2019, and by 40.5% year-over-year in
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Around 60,000 employees in the Romanian auto industry, accounting for roughly a quarter of the total, remain on furlough due to low
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Romania ranks last but one in the European Union with just 11.1% of waste recycled in 2018 compared with a EU average of 47.2%,
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Romania's natural gas transmission company Transgaz (TGN.RO) plans to borrow RON300 million for a two-year period to finance its
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Grocery retail chain Profi, held by buyout investor Mid Europa Partners, continues its expansion at a regular pace, despite the
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Blue Air, Romania's largest private airline, said Monday it was entering safeguard procedures to continue its activity and avoid
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A study conducted by agricultural cooperative Cooperativa Tara Mea in July 2020 shows Romania’s vegetable imports grew in 2019,
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Romanian Households Reach Net Wealth of RON2,157B in 2019
Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed.
