|
Alro Slatina Switches To RON127M Profit In January-June 2024
ALRO, one of the largest vertically integrated aluminium producers in Europe, recorded a net profit of RON126.8 million in January-September 2024, compared to loss of RON394 million in the same (…)
Nov 13, 2024
|
| |
Bitdefender Posts $391.9M Net Revenue In 2023, 16% Higher YoY
Bitdefender, one of the most successful IT businesses in Romania, which became a global leader on the market of cybersecurity solutions, posted $391.9 million consolidated net revenue in 2023, 16% (…)
Nov 13, 2024
|
| |
Romania's Current Account Deficit Widens To EUR19.7B In January-September 2024
Romania's current account deficit stood at EUR19.7 billion in January-September 2024, compared with EUR16 billion reported in the same period of 2023, central bank data showed on Wednesday (Nov (…)
Nov 13, 2024
|
| |
ELECTROPLAST: Over EUR 9 million investments to modernize the factory
Electrical cable manufacturer ELECTROPLAST is carrying out an investment project estimated at over EUR 9 million for modernizing the production unit and expanding its facilities. This investment (…)
Nov 13, 2024
|
| |
Statistics Board: Romania's Industrial Production Up 14% In September 2024 vs August 2024
Romania's industrial production increased by 14% in September 2024, in unadjusted data, compared to August 2024, but was down 0.1% . when adjusted for the number of working days and seasonality, (…)
Nov 13, 2024
|
| |
Local group InStil Hotels launches new boutique hotel in downtown Bucharest
Following an investment of EUR 2.5 million in the renovation and refurbishment of a historic building in the Rosetti Square area in downtown Bucharest, the InStil Hotels group, owned by the Alecu (…)
Nov 13, 2024
|
| |
Industry report: Rising labor costs, retention of experienced employees among challenges of business services companies in Romania
The rising labor costs, the recruitment process, and the retention of experienced employees are the main challenges for business services companies active in the country, according to the 2024 (…)
Nov 13, 2024
|
| |
Black Friday 2024: Black Week is solidifying as a phenomenon, with a 18% increase in weekly revenue. Friday brings the highest increase in average basket size, +24%, but transaction numbers remain stable
MerchantPro, local SaaS eCommerce platform, analyzed the performance during the week leading up to Black Friday 2024, confirming the establishment of Black Week as an extended shopping event that (…)
Nov 13, 2024
|
| |
Classix Festival returns to Ia?i for sixth edition in 2025
The sixth edition of the Classix Festival takes place in Ia?i between February 23 and March 2, 2025. According to the organizers, the event's new concept, Revelations!/Revela?ii!, "outlines (…)
Nov 13, 2024
|
| |
City Hall says Bra?ov has the tallest natural Christmas tree in Romania
A natural Christmas tree was recently installed in Sfatului Square in downtown Bra?ov, one of the popular mountain resorts in the country, and the City Hall says it is the tallest in Romania. The (…)
Nov 13, 2024
|
| |
EIB survey: Romanians say climate change is country’s second-biggest challenge after rising cost of living
More than eight out of ten Romanian respondents to the annual Climate Survey commissioned by the European Investment Bank (EIB) recognize the need to adapt their lifestyle due to the effects of (…)
Nov 13, 2024
|
| |
VTEX study presented exclusively at EDC: 65% of retailers have promoted themselves on social media, only 17% still use conventional advertising
European Digital Commerce (EDC), the event organized by VTEX and Amazon Web Services, on 18 November, at Nord Events, brings an exclusive B2B study that provides relevant data on the trends and (…)
Nov 13, 2024
|
| |
New study ranks Romania as most stressful country to drive in
Car insurance comparison experts at Compare the Market AU analyzed various factors, including electric charger availability, average congestion, and accident rates, to reveal the most stressful (…)
Nov 13, 2024
|
| |
Dendrio Contracts RON5M Loan from ING to Fund the Business
Dendrio, part of Bittnet group, has contracted a RON5 million credit line from ING Bank to fund working capital and current activities.
Nov 13, 2024
|
| |
Read & Ride to El Fin del Mundo: Two Romanians to cycle 1,700 km to promote reading and sports
Gabriel Bota and Rudolf Nyari, organizers of the Transylvania International Book Festival (FICT), are set to journey to the "end of the world" for the third edition of their Read & Ride (…)
Nov 13, 2024
|
| |
Oil Terminal Almost Doubles Profit in 9M 2024 To RON45M
Oil Terminal, the operator of the oil terminal in Constanta harbor, in the first three quarters of 2024 registered RON45.3 million net profit, almost double the level of the year-earlier period.
Nov 13, 2024
|
| |
Aquila Ends Jan-Sept 2024 with RON2.1M Revenues, Up 20%, RON57M Net Profit, Down 19%
Aquila, an entrepreneurial FMCG wholesale and logistics company, ended the first nine months of 2024 with RON2.1 billion revenues, up 20%, and RON57 million net profit, down 19%.
Nov 13, 2024
|
| |
|
|