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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Marian Buica Elected Temporary Member Of Biofarm Board Of Directors yesterday, 18:51
Marian Buica, general manager of regional investment fund SIF Muntenia (SIF4.RO), was elected temporary member of the Board of Directors of... more
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Private Pension Assets In Romania Reach RON68B End-June 2020, Up 6.31% From December 2019 yesterday, 17:45
The assets managed by private pension funds (Pillar II and Pillar III) in Romania reached RON68.57 billion (EUR14 billion) at the end of June 2020,... more
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Lighting Manufacturer Elba Timisoara Revenue Down 19% to RON230M in 2019 yesterday, 10:49
Timisoara-based lighting manufacturer Elba, which makes vehicle headlights and lamps, among others, for such automotive groups as Dacia-Renault and... more
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BSH Electrocasnice Revenue Up to Almost RON300M in 2019 yesterday, 10:31
BSH Electrocasnice part of Germany’s Bosch group sold 285 million lei worth of washing machines, cookers, and refrigerators in Romania last year,... more
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Retailers Profi and Lidl Top Two Companies by New Hires in 2019 yesterday, 09:37
Two retailers, Profi and Lidl, are the companies that hired most people last year. Profi hired almost 2,700 people and Lidl Discount almost 2,000... more
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Matei Filipidescu Appointed Chief Financial Officer Of GSP Holding 09.17.2020
Matei Filipidescu was appointed Chief Financial Officer (CFO) within GSP Holding, a group of companies with activities in oil and natural gas... more
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Profi Opens New Store Concept In Ploiesti 09.17.2020
Grocery retail chain Profi, held by buyout investor Mid Europa Partners, has opened a new store concept in the city of Ploiesti, called... more
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Sales Of Dacia, Renault Vehicles Hit Record High On Groupe Renault Romania’s E-commerce Platforms 09.17.2020
Groupe Renault Romania, the owner of carmaker Automobile Dacia, has reached a record sales volume on the two e-commerce platforms it launched two... more
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Banca Transilvania To Grant RON700M Loans Via New Home Program 09.17.2020
Romanian Lender Banca Transilvania (TLV.RO) has started to grant loans under the New Home subsidized mortgage lending program, aiming for a total... more
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Uniprest Instal Opens New Warehouse In Iasi, In EUR350,000 Investment 09.17.2020
Uniprest Instal, a national wholesaler of heating installations and equipment, is opening a new warehouse in Iasi (eastern Romania), with a total... more
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Blue Air Launches Seven New Flight Routes During Winter Holidays 09.17.2020
Low-cost airline Blue Air will be introducing 49 new weekly flights towards seven destinations, namely, Barcelona, Birmingham, Bologna, Glasgow,... more
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Romanian Retailer Contakt Expands Store Chain By 18 Units; Seeks To Open 8 More Units In 2020 09.17.2020
Romanian retailer Contakt, specialized in the distribution of accessories and technologies for mobile devices, has opened 18 stores in 2020,... more
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Romania Ranks 14th In The EU By New Car Registrations In January-August 2020 09.17.2020
Romania ranks 14th in the European Union regarding new car registrations in January-August 2020, with 72,723 units, 37.5% fewer than in the same... more
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Dedeman Set to Open Seventh Store in Bucharest 09.17.2020
DIY retailer Dedeman will open its seventh store in Bucharest, in Ghencea, at the end of this week, following a EUR29 million investment on a... more
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Coffee Maker Manufacturer Bialetti’s Romanian Plant Posts RON73M Revenue in 2019 09.17.2020
Italian-held coffee maker and espresso machine manufacturer Bialetti saw the revenue of its plant in Prahova that employs 250 grow 13% to 73... more
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Romania Retail Universe Numbers 120,000 Stores 09.17.2020
The retail universe in Romania numbers 120,000 stores and more than 90% of those have a floor area of less than 120 square meters, National... more
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Samsung: 2020 Not a Typical Year but TV Set Market Stable 09.17.2020
The trend of TV sales on the Romanian market has been completely unusual this year as the start of the COVID-19 pandemic led to sports events being... more
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ROMAERO Gets Second Bank Financing Worth A Total RON59M, In Less Than Three Months 09.16.2020
Upon accessing Government Ordinance no.6/2019 on restructuring state budget debts, Romanian aircraft parts maker Romaero (RORX.RO) gets a second... more
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Enel X Romania Puts Into Use Two New Electric Vehicle Charging Stations In Timisoara 09.16.2020
Enel X Romania, part of Enel X, the division of advanced energy services of Enel Group, on Wednesday said it put into use two new electric vehicle... more
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Compania Hoteliera Intercontinental Romania Switches To RON3M Loss In 1H/2020 Vs RON4.6M Profit In Jan-June 2019 09.16.2020
Hotel operator Compania Hoteliera Intercontinental Romania (RCHI.RO), the operator of Bucharest-based five-star Intercontinental Hotel, posted a... 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.
