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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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