Romania: Competition Council Slaps Holcim Romania, Romcim, Heidelberg (…)

January 9, 2025

Competition Council Slaps Holcim Romania, Romcim, Heidelberg Materials Romania With RON217M Fine
Jan 9, 2025

Competition Council Slaps Holcim Romania, Romcim, Heidelberg Materials Romania With RON217M Fine.

Romania's Competition Council fined the companies Holcim Romania S.A., Romcim S.A. and Heidelberg Materials Romania S.A. a total RON217.96 million (approximately EUR43.7 million) for coordinating pricing policies.

[Read the article in Ziarul Financiar]

SEE ALSO IN ROMANIAN NEWSPAPERS

EXE Software Sees 18% Growth In 2024, Almost Double The Estimates EXE Software, a Romanian bespoke software development company, saw business growth in 2024 almost double the 10% target set at the beginning of the year.

International Alexander Conducted Layoffs At Brandl Factory In Sibiu At End Of 2024 At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate (ITM) Sibiu, which did not specify the name of the company affected by these measures.

Softbinator Technologies Signs RON3M Contract With Silicon Valley Client Softbinator Technologies (stock symbol: CODE), a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing), has announced in a stock market report on Jan 9 the signing of a contract worth roughly (…)

Finance Ministry Raises RON1.28B From Banks Via Two Bond Issues On Jan 9 Romania's Finance Ministry raised RON1.28 billion from banks on Thursday (Jan 9), selling government paper in two auctions, at annual average yields of 7.09% and 7.39%, respectively.

Retailer La Cocos To Open Its First Hypermarket In Brasov On Jan 24 Retailer La Cocos, famous for its low pricing strategy, announces the opening of its first hypermarket in Brasov (central Romania) on January 24.

Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an essential time for Romania in a difficult regional context, but with opportunities to match.

Statistics Board: Romania Housing Permits Up 1.1% YoY In November 2024 Romanian authorities issued 2,729 residential building permits in November 2024, 13.8% fewer than in October 2024 and 1.1% more than in November 2023, data from the country’s statistics board INS showed on Thursday (Jan 9, 2025).