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Today Thursday, March 28, 2024 in the Romanian Newspapers



Fortim Trusted Advisors: Companies Leased Fewer Office Spaces Outside Bucharest in 2023
Companies in 2023 leased fewer office spaces outside Bucharest, with regional hubs generating just 18% of Bucharest volumes, as part of major deals underway were postponed to 2024, reveals a survey conducted by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance. Mar 28, 2024
 





Turbomecanica Proposes Distribution of RON9M Dividends from 2023 Profit
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, proposes to shareholders the distribution of a gross dividend of RON0.02436/share, namely a (...)
Mar 28, 2024

 
Antibiotice Iasi Commissions 2.5 MW Photovoltaic Plant
Pharma manufacturer Antibiotice Iasi has commissioned a 2.5 MW photovoltaic plant, with total investments in the project amounting to RON11.8 million, of which RON4.07 million were granted by (...)
Mar 28, 2024

 
Winemaker Jidvei Set to Hire 250 Workers from Nepal for Vineyard Works
Jidvei, one of Romania’s largest winemakers, has currently reached more than 500 employees and is set to recruit another 250 workers from Nepal for vineyard works.
Mar 28, 2024

 



Four-Star Hotel TTS Covasna Reaches RON9.2M Turnover in 2023
Four-star hotel TTS Covasna ended 2023 with RON9.2 million turnover, up 15% from 2022.
Mar 28, 2024

 
Transilvania Constructii Wants to Double Industrial Portfolio in Next 5 Years
Andrei Timofte, general manager of Transilvania Constructii, says the company wants to grow further and double its portfolio in the next five years, reaching 500,000 square meters.
Mar 28, 2024

 
Dunca Expeditii Ends 2023 with RON187M Turnover, Down 11% YOY
Dunca Expeditii, one of Romania’s largest freight carriers, in 2023 generated RON187 million turnover, 11% lower than in 2022, and registered losses, according to its officials.
Mar 28, 2024

 
Bento Proposes Distribution Of RON4.1M Dividends From 2023 Net Profit
The management of 2B Intelligent Soft (BENTO – Intellectually Curious), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the (...)
Mar 28, 2024

 
Transelectrica Proposes Distribution Of RON20.5M Dividends, With 1% Yield
Romania’s national power transmission company Transelectrica (TEL.RO) has called shareholders for an April 29 meeting to vote, among others, on the distribution of dividends in the amount of (...)
Mar 28, 2024

 
TeraPlast Borrows EUR13.2M From Banca Transilvania For Acquisition Of Companies Part Of Austria's Freiler Group
The Board of Directors of building materials manufacturer TeraPlast Bistrita (TRP.RO) has approved a decision to contract an investment loan of EUR13.2 million from lender Banca Transilvania for (...)
Mar 28, 2024

 
Conpet Ploiesti Concludes RON105M Contract With OMV Petrom
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Wednesday (March 27) announced the conclusion of a contract worth RON105 million with OMV Petrom (...)
Mar 27, 2024

 



Amazon Development Center In Romania Reports RON52M Net Loss For 2023, Sixfold Higher YoY
Amazon Development Center, the development center US giant Amazon in Romania, reported net loss of RON52.5 million for 2023, sixfold higher than RON8.22 million reported for 2022.
Mar 27, 2024

 
Hidroelectrica Proposes First Dividend Since Going Public: RON13.99/Share
State-run Hidroelectrica (H2O), the largest electricity producer in Romania, on March 27, 2024 announced its first proposed dividends since going public in the summer of 2023.
Mar 27, 2024

 
ELI Parks Develops Regional Logistics Center In Ploiesti For Returo
ELI Parks, one of the most active logistics and industrial space developers in Romania, has signed an agreement for the expansion of RetuRO's operations to ELI Park Ploiesti.
Mar 27, 2024

 
Electrical Equipment Distributor Promelek XXI Posts EUR44M Revenue In 2023
Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about EUR44 million revenue for 2023, up 10% compared with the previous year, when its (...)
Mar 27, 2024

 
Cometex Opens Retail Park In Hunedoara In Over EUR4M Investment
Cometex, the real estate division of Altex Group, the leader of the Romanian electro-IT market and one of the three leading Romanian entrepreneurial companies, will be opening on March 28, in (...)
Mar 27, 2024

 
Exclusive Networks Romania Appoints Bogdan Ciobanu CEO
Exclusive Networks Romania, the local subsidiary of the French group by the same name, announces the appointment of Bogdan Mircea Ciobanu to the position of chief executive officer of the company.
Mar 27, 2024

 
Retele Electrice Muntenia Set To Complete Upgrades At Obor And Filaret Transformer Stations In Bucharest By End-2024
Retele Electrice Muntenia, part of the PPC Group, formerly named E-Distributie Muntenia, aims to complete the modernization of the Obor and Filaret transformer stations in capital city Bucharest (...)
Mar 27, 2024

 



 
 
Romanian Consumer Protection Agency head warns of dyed chicken meat

Sfantu Gheorghe – A dream destination for families, in the Danube Delta

Romanian lawmakers reportedly targeted by Chinese government-backed hackers

Save the Children: Three mobile health caravans will travel to vulnerable rural communities in Romania

Fuel Wholesaler JT Grup Oil Completes Infrastructure Works for Future Oil Product Terminal, a EUR25M Project

Eurostat: Romania Ranks 21st Among the 27 EU Member States by GDP Per Capita, Ahead of Hungary, Croatia, Slovakia, Latvia, Greece, Bulgaria

Sibiu to host the Great Saxony Meeting from Transylvania in August

Altexpress integrated Logystec, after merger effective March 2024. Alexandra Turcu of Logystec appointed as CCO & Partner at Altexpress

Outdoor campaign promotes Romania as a tourist destination in Rome, Milan

CFA Analysts Anticipate 5.5% Budgetary Gap, 2.5% GDP Growth in 2024. Inflation Projected to Average 5.46%, Leu to Reach 5.0500 Units/Euro in Next 12 Months

BVB Expects RON12.6M Net Profit in 2024, with 31% Net Margin

Polish cattle farmers get subsidies nearly twice as high as in Romania

PPC buys 84MW wind farm in Romania

Bank lending losses stem in Romania without government-backed schemes

Romania surpasses Hungary by GDP per capita

Romania’s public spending spirals, pushing up deficit to 1.67% of GDP Jan-Feb

SIF Muntenia Becomes Longshield Investment Group

JYSK Opens Two New Stores In Bistrita And Husi, Grows To 140 In Romania

Prospectiuni Bucuresti Wants To Go To UAE

Private Pension Fund Metropolitan Life Increases Stake In MedLife To 5.1%

AIESEC in Romania is organizing Youth Speak Forum, an event dedicated to economic growth and guiding young people to the right jobs

Key takeaways from the second “Sustainability Meets Profitability” event organized by La French Tech Bucharest

Highest salaries in Romania in 2023 were in IT and energy, lowest in manufacturing and accounting

Data reveals increase in Romanian women in leadership positions over the last 20 years

Bra?ov hosts International Chamber Music Festival in April

Ford Otosan Romania secures EUR 435 mln for investments in Craiova plant production

Romania Private Lending Up 4.9% YoY To RON383B In February 2024

International Law Firm CMS Assists Ford Otosan Romania in Getting EUR435M Funding

Orthodox chapel opened and consecrated inside Romanian Parliament

Report: quality of life and wellbeing stagnated in 2023 worldwide and in Romania

Oveit launches EUR 400,000 SeedBlink funding round

CreditAmanet Continues Expansion on International Market of Pre-Owned Luxury Goods

Romanian government continues internship program this year

“The Case of Engineer Ursu” documentary to open in Romanian cinemas in late March

Meta Estate Trust Posts RON9.47M Net Profit, Up 46%, RON12.38M Turnover, Up 20% in 2023 YOY

Ford Otosan Romania Borrows EUR435M to Fund Ford Transit Courier and Ford Tourneo Courier, Launch New Ford Puma Model

Simtel Team Aims for 35% Operating Revenue Growth, 28% Net Profit Increase in 2024

EPPO seizes assets worth EUR 2.4 mln in Romania amid investigation into fraudulent fuel imports to Italy

Mobexpert Leases 1,400 Sqms of Warehousing Spaces in Oresa Industra Park of Iasi

Banca Transilvania Targets RON3B Net Profit in 2024, Up 20% YOY

 


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