Articles 351 - 375 of 687 by " Cristina Bellu"
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Bucharest’s Main Heat Supplier ELCEN Exits Insolvency
6 feb 2023
Electrocentrale Bucuresti SA (ELCEN), Bucharest’s main heat supplier, has announced the Bucharest Tribunal decided to close insolvency proceedings and reintroduce ELCEN in the economic circuit. more
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Transelectrica Set to Develop Own Operational Security Center with US Money
3 feb 2023
Transelectrica (TEL.RO), the operator of the national energy transmission system, has signed a Grant Agreement worth around $1.1 million with the US government, represented by the United States Trade more
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Banca Transilvania Enters Top 300 of 2023’s Brand Finance Banking 500
2 feb 2023
Banca Transilvania, the leading lender in Romania, is among the 300 most valuable banking brands in the world this year, where it climbed to 297 from 302 in 2022, according to Brand Finance Baking 500 more
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eMAG Borrows almost EUR70M from Alpha Bank to Build 100,000-Sqm Logistic Hub in Hungary
1 feb 2023
eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center near more
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IKEA Seeks to Hire over 250 People for Timisoara Store
1 feb 2023
Swedish furniture and home décor retailer IKEA has started the recruiting process for the more than 250 employees of the future store of Timisoara, which the company is set to open this summer. more
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Electroaparataj Temporarily Cuts Production, Suspends Labor Contracts for Most Employees
1 feb 2023
Electroaparataj Targoviste, a marker of electrical equipment and electrotechnical accessories, has announced that during the February 1-28 period it will substantially reduce its activity and suspend more
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F64 Partners with Mokka to Provide Alternative Payment Method
25 ian 2023
F64 Studio, operating Romania’s biggest photo-video equipment retailer, has sealed a partnership with fintech Mokka, a player on the Buy Now Pay Later market of CEE, via which clients can buy more
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OVES Enterprise Posts over EUR6M Turnover in 2022, Expects Business to Double in 2023
25 ian 2023
Software developer OVES Enterprise saw turnover top EUR6 million in 2022 and for the current year its officials expect turnover to double amid the rising number of projects in the financial and more
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Three-Month ROBOR Starts January 23-27 Week Flat at 7.28% A Year
23 ian 2023
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stayed at 7.28% a year on Monday more
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Ascendis Group Invests EUR100,000 in Tech Startup PROCESIO
20 ian 2023
The Ascendis Group, the leading player in the training and professional development consultancy market in Romania, is investing EUR100,000 in local software company Ringhel, which created PROCESIO more
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Three-Month ROBOR Ends Jan 16-20 Week At 7.28% A Year
20 ian 2023
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, on Friday, January 20, rose to 7.28% more
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Premier Energy Acquires Enex Renewable Wind Park of Tulcea
19 ian 2023
Premier Energy, a major natural gas supplier in Romania, has acquired the wind park of Nalbant, Tulcea, which boasts one of the best yields in the country, from Enex SRL. more
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Deloitte: Romania M&A Market Above EUR6.5B in 2022
18 ian 2023
The mergers and acquisitions (M&A) market in Romania reached a record high in terms of value and number of transactions in 2022, as the total estimated market value for both disclosed and undisclosed more
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AROBS Transilvania Takes Over Centrul de Soft GPS
18 ian 2023
AROBS Transilvania, the biggest technology company listed on the Bucharest Stock Exchange, has announced the acquisition of the entire stake in Centrul de Soft GPS SRL, known on the market under the more
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Lowe Group Launches Specialized Data Analysis and Interpretation Unit
11 ian 2023
Lowe Group, one of the most important communications agencies in Romania, is launching Path, a unit specialized in analyzing and interpreting strategic data for its customers. more
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Teilor Opens Fourth Unit in Hungary
11 ian 2023
Luxury jewelry chain Teilor is expanding further on foreign markets by opening its four store in Hungary. more
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5 To Go 2022 Turnover Tops EUR30M, Double 2021 Level
11 ian 2023
5 to go coffee shop chain, the biggest player in the field, ended 2022 with over EUR30 million turnover at group level, twice as high as the 2021 level and above early-2022 expectations. more
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Romania Labour Market Tendencies in 2023
10 ian 2023
The shift to hybrid work from remote work, together with the fact that a rising number of employees will be tempted to take up a second job to boost their revenues on the long term are the main labour more
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2Performant Reports EUR101M Sales in 2022 via Own Platform, Up 39% YOY
9 ian 2023
2Performant, the main player on Romania’s affiliated marketing market, listed on the AeRO market of BVB, announces sales generated by its own platform reached EUR101.9 million (VAT not included) in more
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BestJobs: Companies Set to Slow Down Hiring in Early 2023, Focus on Team Development
5 ian 2023
The pace of new hirings will slow down in the first half of 2023 amid a macroeconomic context dominated by uncertainty, while the workforce crunch will still be a major challenge for the business more
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THR Marea Neagra Signs Leasing Contracts for Three Hotels
4 ian 2023
THR Marea Neagra, controlled by Transilvania Investments, announces it has signed leasing contracts for three assets part of its portfolio. more
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Deterioration of Internal Macroeconomic Balances, Highest Risk to Romania’s Financial Stability
3 ian 2023
Romania has four high risks and seven moderate risks to its financial stability, the latest survey of its central bank among the main banks on the local market by assets shows. more
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INS: Romanian Execs Project Soaring Prices in Retail, Declining Constructions Activity for Dec-Feb 2023 Period
28 dec 2022
Romanian business managers expect for the December-February 2023 period a steep increase in prices in retail, in parallel with an activity slump in constructions, while the number of employees in more
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Lending and Savings Growth Slows Down in November
27 dec 2022
Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed more
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Three-Month ROBOR Starts Final Week of 2022 at 7.61% a Year
27 dec 2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has decreased to 7.61% a year in the more