OMV Petrom ends 2022 with 10.3 B RON in profitIn 2022, the OMV Petrom Group recorded a net profit of 10.3 billion lei, 260% higher compared to the previous year, according to the unaudited financial results submitted to the Bucharest Stock Exchange on Thursday. “The year 2022 was an unprecedented year for the energy industry, with energy (...)
Sphera Franchise Group Appoints Andrada Busuioc As Communications ManagerSphera Franchise Group (SFG), the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, and of KFC units in Chisinau (Republic of Moldova) and Italy, has appointed Andrada Busuioc to the position of Communications (...)
JYSK Seeks To Open At Least 15 Stores In Romania In 2023Scandinavian furniture and home products retailer JYSK continues its expansion in Romania as it plans to open at least 15 new stores and to also refurbish at least 13 older units in 2023.
DNA' Bologa: 72 pandemic related files sent to court, 90 other still in progressThe National Anti-corruption Directorate (DNA) chief prosecutor Crin Bologa said on Thursday that more than 70 cases “with dozens of defendants” in connection with the COVID-19 pandemic have been sent to trial. “We have a more special situation, because we have begun to avoid these causes starting (...)
Romania Industrial Production Prices Soar 32.8% YoY In December 2022Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 32.8% in December 2022 compared to December 2021, data from Romania's statistics board INS showed on Thursday (Feb 2, (...)