Today Wednesday, June 7, 2023 in the Romanian Newspapers

Alka Group Invests EUR25M In Its Ploiesti Plant
​Alka Group, one of the largest players on the salty and sweet snacks market and the producer of Toortitzi crackers, has recently completed a new investment round at its production unit in Ploiesti (Prahova County), reaching total investments worth EUR25 (...) Jun 7, 2023

Cargus Expects 20% Growth In Revenue In 2023
Cargus, one of the largest parcel delivery companies in Romania, expects 20% higher revenue in 2023, the company said. This year’s plans are to expand to other countries in (...)
Jun 7, 2023

Lion Capital Sells 5% In Argus Constanta For RON4.44M
Lion Capital (LION.RO), formerly SIF Banat-Crisana (SIF1.RO) sold its 5% stake in vegetable oil producer Argus Constanta (UARG.RO) in the June 2 session, a report to the Bucharest Stock Exchange (...)
Jun 7, 2023

Medicover Opens EUR31M Hospital In Pipera
​Medicover Romania, the third largest player on the private medical services market, has opened a new hospital in northern Bucharest, in the Pipera area, following an investment of EUR31 (...)
Jun 7, 2023


Norofert Gets RON5M Loan From CEC Bank
Romanian producer of organic farming inputs Norofert (NRF.RO) has notified shareholders about taking out a RON5 million loan from CEC Bank to use for working capital, a report to the Bucharest (...)
Jun 7, 2023

Filbo And Conclude Partnership Enabling Small Entrepreneurs To Buy Refurbished Phones For Their Business Activity
Filbo, a fintech providing financing to micro-enterprises and entrepreneurs, has concluded a partnership with, an online platform for the purchase of refurbished mobile telephones, (...)
Jun 7, 2023

Antibiotice Iasi Gets RON4.1M Funding For Photovoltaic Park
Antibiotice Iasi (ATB.RO), Romania’s largest producer of generic drugs, on Wednesday notified the Bucharest Stock Exchange of having received RON4.08 million from the Ministry of European (...)
Jun 7, 2023

Dental Clinic Chain Dr. Leahu Reports Cumulative Revenue Of RON132M For 2022, Up 31% YoY
Dental clinic chain Dr. Leahu ended 2022 with cumulative revenue of RON132 million, up 31% versus 2021, and 169 dental offices in 19 clinics across 13 towns and (...)
Jun 7, 2023

Deloitte Romania Expands Management Team With Three New Partners
Deloitte Romania is expanding its management team by promoting Andrei Cozachevici and Razvan Ungureanu to the position of Audit and Assurance Partners, and Marius Vasilescu to the position of (...)
Jun 7, 2023

Dona Group Reports RON2.8B Turnover For 2022, Up 18% Vs 2021
Dona Group, which includes the pharmacy chain of the same name and pharmaceutical distributor Dona Logistica, ended 2022 with a turnover of RON2.8 billion, up 18% on the year, as per data (...)
Jun 7, 2023

Greece's Jumbo Ends 2022 With RON955M Sales In Romania, Up 10% YoY
Greek toy retailer Jumbo, which has 16 stores in Romania's largest cities, ended 2022 with sales of RON995 million on the local market, up 10% versus 2021, as per publicly available data from the (...)
Jun 7, 2023


TotalSoft Posts 23% Growth In Revenue In Q1, 2023
TotalSoft, one of the largest software developers in Romania, saw a significant rise in sales in the first quarter of 2023, the company said in a release.
Jun 7, 2023

Banca Transilvania: Private Consumption To Grow By 2.9% In 2023, By 4.8% In 2024 And 2025; Average Inflation At 9.3% In 2023
Lender Banca Transilvania forecasts an increase of 2.9% in private consumption in 2023 and of 4.8% in 2024 and 2025, respectively, in parallel with an average inflation rate of 9.3% in 2023, on (...)
Jun 7, 2023

IEA: Doubling Energy Efficiency Progress By 2030 Is Key Step In Efforts To Reach Net Zero Emissions
The International Energy Agency (IEA) is bringing together global energy and climate leaders in France this week for a major ministerial meeting on energy efficiency, with new IEA analysis (...)
Jun 7, 2023

INS: Romania's Hourly Labor Costs Up 2.29% In Q1/2023 Vs Q4/2022
Romania's hourly labor costs adjusted to the number of working days increased by 2.29% in the first quarter of 2023 compared to the fourth quarter of 2022, in line with data from the country's (...)
Jun 7, 2023

INS: Romania's Average Income/Household At RON6.464; Average Expenditure/Household At RON5.611 In 2022
Romania's total monthly average income was RON6.464 per household (RON2.575 per person), in nominal terms, in 2022, higher by 13.8% and by 14.8%, respectively, compared to 2021, in line with data (...)
Jun 7, 2023

INS: Tourist Arrivals In Romania Grow 19.9% YoY In April 2022
Arrivals at Romanian tourism accommodation establishments, including apartments and rooms for rent, grew by 19.9% in April 2023 to 894,300 compared to April 2022 and overnight stays grew 18.7% on (...)
Jun 7, 2023

Three-Month ROBOR Starts June Stuck At 6.55%
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, remained flat at the start of June at (...)
Jun 6, 2023


Aro-Palace Aims To Get At Least EUR9.1M From Sale Of Coroana-Postavarul Hotel In Brasov

Two Romanian Execs In Financial Industry Set To Launch Start-Up To Provide Mobility Services

ACAROM: New Car Registrations In Romania Up 27% YoY To 60,472 Units In January-May 2023

Distributie Energie Electrica Romania Gets Funding For Two Projects Via Modernization Fund

Rompetrol Opens Two New Services Centers On A1 Highway In $6.5M Investment

INS: Romania Retail Sales Drop 1.6% YoY In March 2023

Hidroelectrica Officially Announces Intention To Go Public On Bucharest Stock Exchange

EY Advised Hearing Aid Retailer Clarfon On Sale To Value4Capital

Romania Industrial Production Prices Grow 11.6% YoY In April 2023

DB Global Technology Reports RON529M Turnover in 2022, Up 41% YOY

EXE Software Sees 2022 Turnover Go Up by over 16%

Poultry Producer Safir Vaslui Set to Invest EUR9M in Photovoltaic Panels and Development in 2023

HEINEKEN Romania 2022 Profit Slides 55% To RON53M

Pharma Maker Sandoz Overshoots EUR100M Turnover Mark in 2022

Gral Medical Sees Turnover Inch Up in 2022, To over RON238M

Poland’s Inter Cars 2022 Turnover, Up 15.5% To RON1.5B

Fornetti Romania Has EUR4M Investment Budget for 2023

Liberty Galati Posts RON822M Loss In 2022

Romania Forex Reserves Shrink To EUR53.08B On Month In May 2023

Heating System Supplier Viessmann Sees 2022 Profit Rise 14% To RON19.4M YOY

Alro Slatina, Azeraluminium Sign Memorandum of Understanding

TradeVille Ends 2022 with RON7.4M Net Profit, RON20M Turnover

Grocery Retailer Annabella Hits 100 Stores Nationwide

Paval Holding Posts RON1.7B Revenue And RON1.5B Net Profit In 2022

Value4Capital Buys Hearing Aid Retailer Clarfon

Former Somaco CEO Sorin Miron Moves To Rival Prefab

Elis Pavaje Revenue Rises To Over EUR77M In 2022

Accent Travel Ends 2022 With RON138M Sales

VIG Ends Q1/2023 With EUR3.871B Underwritings, Up 12.1% YoY

Simtel Team Appoints Mihai Tudor CEO

Visual Fan Reports 63% Drop In Net Profit In Q1/2023

Brikston's Net Profit Plunges 74% YoY To RON6.1M In Q1/2023

Bitdefender Reports All-Time High Net Profit, Of RON292M, In 2022

Greece’s AVAX Signs EUR673.5M Contract With MGH For New Mintia Power Plant

Bonas Switches To RON117,000 Net Profit In Q1/2023 After 73% Surge In Sales To RON7M Vs Q1/2022

Dumagas Seeks To Scale Down Activity In Romania And Focus On Western Europe

EY: UK And European Banks Report Strong Progress Towards Basel III Compliance

Two New Companies Listed On Bucharest Stock Exchange To Be Included In MSCI Frontier IMI Indices

INS: Romania Building Permits Down 32.3% YoY In April 2023

Romania Unemployment Rate Inches Up To 5.6% On Month In April 2023 : all romanian news. Copyright © DIRECTWAY | News RSS |