In the next phase, the expansion of the logistics and production center in Romania involves investments in machinery and process automation.
Dacia is celebrating two decades since the sales debut of the first generation Logan with the launch of a limited anniversary series of its B-segment sedan.
In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).
The assembly of Hidroconstrucția's creditors approved the sale of assets in order to reduce the company's operating costs and allow the repayment of amounts to creditors.
This efficient workflow ensures a quick and precise response to customer requests, contributing to an enhanced guest experience.
Treatments with laser technology are preferred by both adults and children, both because there is no more pain and for quick healing.
With extensive experience in the IT products and services industry, the company specializes in consulting, implementation, configuration of Atlassian products such as Jira, Confluence or Bitbucket
The Group continued its commitment to innovation, with R&D spending up 6% year-to-year to $476 million.
SIPEX's business growth was supported by careful inventory management, accurate sales forecasting, and diligent expense management.
FlixBus enters into a strategic partnership with SelfPay and Own.Solutions through which passengers in Romania will be able to purchase coach tickets on international routes.
Digi Communications consolidated revenues increased 13.4% yoy in Q2 2024, reaching €474.7 million, resulting in €921.3 million in revenues generated in 6M 2024 (+13%).
The new restaurant is franchised and located after the airport check-in area. In May, Hesburger announced its entry in Romania with the opening of a restaurant in Râmnicu Vâlcea.
The acquisition of TehnoWorld extends ROMCIM's portfolio offering and better positions the company to meet Romania's infrastructure and complex non-residential needs.
The Postpaid subscriber base grew by 4.7%, year-on-year, to a total of 1.951 million.
This transformation aligns the Brașov store with the first stores worldwide, such as those in Paris, London, and Brussels, which have already implemented the new identity.
This initiative marks the company's expansion into retail beyond dental hygiene products.
Private equity (PE) fund investments in Central and Eastern Europe (CEE) reached a total volume of €1.71 billion in 2023, while Romania ranked 4th at the CEE level.
ESG transformation specialist agrees sale of premium packaging producer to Belgium's Van Genechten.
The company requested the government support related to the CO2 certificates allocation and the existing incentives for energy intensive consumers.
The residential sector contributed the highest demand for air conditioning systems in June.
The production line includes a grinding-calcinating plant, a plate forming, drying and stacking line, the associated technical installations occupying an area of 14,000 sqm.
Through this collaboration, companies in Romania will have access to an Innovation Lab and to funding to explore emerging technologies such as Generative AI.
The project, implemented during the turnaround, involved replacing the system with a state-of-the-art one, fully automated.
ApaVital S.A. to Optimize 4,000 Kilometers of Pipeline to Protect Water Supply for 500,000 People in Iasi.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,