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Retail Pharmacy Chain Catena Ends 2022 With RON6.3B Sales
Catena, the largest retail pharmacy chain in Romania, ended 2022 with more than RON6.3 billion sales, an increase of 22% on the RON5.1 billion of 2021.
May 29, 2023
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Norofert's Net Profit Down 12% To RON1.7M, Turnover Down 19% To RON13.1M YoY In Q1/2023
Romanian producer of organic agricultural products, Norofert (NRF.RO) ended the first quarter of 2023 with a net profit of RON1.7 million, down 12.1% on the year, and a turnover of RON13.1 (...)
May 29, 2023
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Groupe Atlantic Buys Industrial Hall In PWP Bucharest North Park In Prahova County
Groupe Atlantic, a French company operating in the sector of HVAC (heating, ventilation and air conditioning), has purchased a plot of land and an industrial hall in the PWP BUCHAREST NORTH (...)
May 29, 2023
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Exonia Eyes October As Timeframe For IPO
October could see the start of a new company on the Bucharest Stock Exchange, as Exonia Holding, owner of the biodegradable paper packaging maker by the same name is considering a private (...)
May 29, 2023
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George Dobra Reconfirmed As General Manager Of Alro Slatina For Four More Years
The Board of Directors of aluminum producer Alro Slatina (ALR.RO) has decided in its meeting of May 29 to reconfirm Gheorghe Dobra as General Manager of the company for a four-year mandate, as (...)
May 29, 2023
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Honeywell Extends Lease Contract For Offices In Globalworth's BOC Building In Northern Bucharest
Software industrial company Honeywell has extended its lease contract for office spaces in Globalworth’s BOC office building in northern Bucharest and will occupy over 24,000 square (...)
May 29, 2023
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Finance Ministry Raises RON817M From Banks On May 29
Romania's Finance Ministry raised RON817 million from banks on Monday (May 29), selling government paper maturing in 2030, at an annual average yield of (...)
May 29, 2023
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Kaufland's 2022 Turnover Up 15% YoY To RON16B, Net Profit Edges Down Almost 1% YoY To RON884M
Germany's Kaufland Group had a turnover of RON16 billion in Romania in 2022, up 15% on the year, and a net profit of RON884 million, down roughly 1% versus 2021, as per data released by the (...)
May 29, 2023
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Agroland Business System Revenue Up 4% In Q1 To RON70M
Retail, agribusiness and food group Agroland Business System (AG.RO), which owns the largest farm supply store chain in Romania, posted RON69.7 million revenue in the first quarter of 2023, an (...)
May 29, 2023
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Allianz-Tiriac Ends Q1/2023 With RON848M Underwritings, Up 4% YoY
Insurance company Allianz-Tiriac, part of Germany's Allianz Group, ended the first three months of 2023 with total underwritings of RON848 million, up 4% on the year, with sales growth being (...)
May 29, 2023
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Maritime expedition CircumEuropa sets out across Europe to promote Timișoara
Timișoara, one of the holders of the European Capital of Culture this year, is being promoted across Europe through a river-maritime expedition that started not long ago on the Bega River, in (...)
May 29, 2023
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Romania wins five gold medals, one silver at European Rowing Championship
Romania won gold in the women's 8+1 event at the European Rowing Championships in Bled, Slovenia, collecting a total of five gold medals and one silver. Romania's team (Magdalena Rusu, Roxana (...)
May 29, 2023
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Akcent Development Entices New Tenants Into Eminescu Offices Building
Akcent Development, part of Romanian entrepreneurial group Alfa Group set up by Alin Niculae, over the last months has concluded a series of lease contracts for the office building Eminescu (...)
May 29, 2023
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PwC: Over 70% Of Romanian Companies Started To Implement Cloud Technology
Around three-quarters of Romanian companies (71.4%) surveyed have begun implementing the cloud either for several departments or for specific processes, and plan wider adoption over the next two (...)
May 29, 2023
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Romania’s Dino Parc welcomes over 3 mln visitors since opening
Dino Parc Rasnov, the open-air museum in central Romania and the largest dinosaur park in southeastern Europe, announced that it passed the 3 million visitor mark. The park opened in June 2015 (...)
May 29, 2023
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Romanian officials congratulate Erdogan for winning Turkey elections
Romanian president Klaus Iohannis and other officials congratulated president Recep Erdogan of Turkey after his re-election for another term following the elections held on May 28. (...)
May 29, 2023
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Online Retailer eMAG Pours RON1.12B into Regional Development in 2022
Online retailer eMAG last year invested RON1.12 billion in the company’s development, with overall investments carried out in the past two years topping RON2 billion, as the platform has reached 9 (...)
May 29, 2023
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