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Today Saturday, October 5, 2024 in the Romanian Newspapers



Grand Hotel Bucharest Ends H1/2024 With RON5.3M Net Profit, RON20M Revenue
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), ended the first half of 2024 with net profit of RON5.3 million, slightly higher on the year, as per the company's half-yearly financial report published at the Bucharest (…) Oct 4, 2024
 





New Tezaur Treasury Bills Available As Of Monday, October 7
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, October 7, the ministry announced on Friday (Oct 4).
Oct 4, 2024

 
Romania's Central Bank Holds Key Rate Steady At 6.5% a Year
Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
Oct 4, 2024

 
ENCORSA-certSIGN Partnership Enables Romanian Companies To Enhance Document-Signing Processes
Encorsa, the Romanian digital transformation services integrator, has concluded a partnership with certSIGN, a provider of eIDAS-compliant trusted services and legally valid electronic archiving (…)
Oct 4, 2024

 



Competition Council Approves Takeover Of G.I. Industrial Holding S.P.A. By Baxi S.P.A
Romania's Competition Council approved the transaction whereby Baxi S.p.A intends to acquire G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. Industrial Asia (…)
Oct 4, 2024

 
Petru Pastry Shop Chain Aims to Cross 100-Unit Threshold in 3-5 Years
Petru pastry shop chain currently operates 70 units in ten counties of Romania, but the company plans to expand further, both on its own and in a franchise system, so that the network should go (…)
Oct 4, 2024

 
Dozens of Romanians repatriated from Lebanon due to security concerns
Dozens of Romanians have been repatriated from vulnerable areas in Lebanon by the Romanian Ministry of Foreign Affairs on Thursday, October 3. The 69 individuals in vulnerable situations, (…)
Oct 4, 2024

 
Storia: Average Old and New Apartment Prices Up 15% YOY in September 2024
Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia, the real estate platform launched by OLX, show, (…)
Oct 4, 2024

 
Experts in Applied Behavior Analysis gather at international conference in Bucharest this month
Experts in Applied Behavior Analysis will come to Bucharest this month for the ABA Conference 2024 to discuss the latest findings and explore new ways to support people with autism. The event is (…)
Oct 4, 2024

 
Damen shipyard in Romania builds drone aircraft carrier for Portugal
The Damen shipyard in Gala?i, Romania, is currently building a drone aircraft carrier for Portugal, the first of its kind in Europe. The shipyard has already produced 30 military and special type (…)
Oct 4, 2024

 
Romania M&A Market in Jan-Sept 2024: 198 Deals, Up 8%
Romania M&A Market in the first nine months of 2024 registered 198 deals, up 8.2%, with the estimated value rising by 22% to $5.2 million, mainly supported by Energy and Utilities activity, (…)
Oct 4, 2024

 



BLIK payment system gets central bank’s authorization to operate in Romania
The Board of the National Bank (BNR) authorized on October 1 the operation of the BLIK instant payment system in Romania. It will be administered and operated by BLIK Romania SA and ensure the (…)
Oct 4, 2024

 
Romanian group Global Vision announces development of AI-Powered ESG platform
Global Vision, a leader in the Central and Eastern European real estate and energy sectors, proudly announces the development of its new AI-powered ESG platform. The platform, designed to enhance (…)
Oct 4, 2024

 
US Embassy donates USD 95,000 for wooden church restoration in Romania’s Sighetu Marma?iei
US Ambassador to Romania Kathleen Kavalec announced a USD 95,000 grant for the restoration of a 16th-century wooden church at the Maramure? Museum in Sighetu Marma?iei, northwestern Romania. The (…)
Oct 4, 2024

 
Erste Group and Salt Edge unite to bring advanced multi-banking services to the CEE region
With a rich history of over 200 years in the banking industry, Erste Group, a powerhouse in Eastern Europe’s financial services, has chosen to collaborate with Salt Edge, a leading open banking (…)
Oct 4, 2024

 
Wrought Iron Maker Trutzi Reaches over EUR400M Turnover in 2023
Wrought iron maker Trutzi of Suceava, controlled by entrepreneur Ciprian Nutu, in 2023 generated turnover worth around RON403.8 million (EUR81.6 million), down 5% from 2022, in line with ZF (…)
Oct 4, 2024

 
Glass Processor Moldoglass Sees 2023 Profit Slide 27.7%, To RON4.2M
Moldoglass, a company operating on the glass processing market, managed by entrepreneur Valentin Sumanaru, for 2023 reported turnover worth RON48.2 million (EUR9.7 million), slightly down, by 1.5% (…)
Oct 4, 2024

 
Regina Maria Dental Clinics Set to Open Three Units in 2024-2025
Regina Maria Dental Clinics will open another three new stomatology clinics in late 2024 and early 2025 as the number of unique patients has doubled in the past year, explained Ionut Leahu, the (…)
Oct 4, 2024

 



 
 
Real estate developers argue “major administrative blockages” hit Romania’s economic growth

Polish Zabka plans to open 50 Froo stores in Romania by the end of the year

Romanian aluminium producer Alro invests EUR 2.7 mn in new facility

ROCA Industry’s paint maker Evolor opens EUR 3 mln production facility

Transelectrica Officially Unveils Directorate Members Starting October 3

Metropolitan Life Reaches Gross Written Premiums Of RON378M In H1/2024, Up 21% YoY

Mediaposte Hit Mail Group Invests EUR1.5M In Warehouse

Romania's Central Bank Authorizes BLIK ROMANIA Instant Payment System

Finance Ministry Raises RON1.4B From Banks Via Two Bond Issues On Oct 3

Brand Management: 8 In 10 Shopping Mall Visitors Recall The Ads Seen In Malls

Alro Slatina Commissions New Aluminium Cutting Facility In Wake Of RON13.7M

Alba Iulia named Romania’s Youth Capital for 2026

Poland's Polenergia Acquires Remaining 40% Stake In Naxxar Wind Farm Four

Cushman & Wakefield Echinox: Bucharest office occupancy costs up about 10% over the past two years

Romania signs partnership with World Bank for USD 6 bln over three years

Romania ClimAccelerator: Ten greentech startups selected in the Seed Stage

Bucharest City Hall considers allowing pets into public institutions

cargo-partner’s lease partnership with CTP reaches 28,000 sqm in Romania

Hesburger opens a new restaurant in AFI Cotroceni following a 500,000 Euro investment

Clifford Chance Badea Assisted NEPI Rockcastle In Its Latest Green Bonds Issue Worth EUR500M

PepsiCo promotes two Romanians to leadership positions in Eastern Europe division

Dispute between mayors delays consolidation of Bucharest’s Unirii Square

Main subway stations in Bucharest to be equipped with defibrillators

Drug Wholesaler Dona.Logistica Expects 20% Turnover Growth in 2024

Alfa Group acquires part of Iride Park project from CPI Romania

eJobs: Remote Jobs Are on the Decline in Romania

Ukrainian president Zelensky thanks Romania for Patriot system once again

Law Firm PeliPartners Assisted Alfa Group in Acquisition of IRIDE Business Park from CPI Group

Bonapp.eco Reaches 350,000 Users

EC reportedly to talk electricity market functioning at request of Greece, Bulgaria and Romania

Romanian courier firm Cargus ready to send parcels to Bulgaria and Greece

Romanian entrepreneur relaunches healthy food brand FruFru

E.ON has not decided yet whether to sell Romanian supply business, minister says

Romania’s Govt. distributes EUR 2 bln for investments, farmers and social protection

Libra Bank says fewer European funds and FDI this year in Romania

Romania’s Grup ?erban Holding invests EUR 62.5 mln in French fries factory, cold storage facility

OMV Petrom confirms Neptun Deep project is on track for first gas in 2027

Alexandrion Group Marks 18th Anniversary Of Brancoveanu Vinars Brand

Leroy Merlin Opens EUR2M Store In Pitesti

Eucom Eyes Nearly EUR2M Turnover In 2024, Up 20% YoY

 


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