Companies
ArcelorMittal Hunedoara Reduces Business Activity, Cuts Salaries Amid Lack Of Orders
Steel mill ArcelorMittal Hunedoara (stock symbol: SIDG) is temporarily scaling down its business operations during December 9 - 31, 2024 period amid economic difficulties caused by a lack of...
Shipbuilder Santierul Naval Severnav Signs EUR4.5M Contract For Ship Hull Construction
Romanian shipbuilder Santierul Naval Severnav (stock symbol: SEVE) based in Drobeta Turnu-Severin, has announced in a stock market report on Monday (Dec. 9) the conclusion of a contract wort...
Raiko Transilvania Enters Insolvency Following Court Ruling
Rainwater and Roofing Systems Producer Raiko Transilvania (stock symbol: RKOT) has announced in a stock market report on Dec. 9 that it has entered insolvency proceedings following a ruling...
Digi Seeks To Get EUR62M From ING Bank To Develop Telecom Networks Of Subsidiaries In Romania, Spain, Portugal, Belgium
Digi Romania S.A., as borrower, together with Digi Communications and Digi Spain Telecom S.L.U., as original guarantors, have entered into two financing agreements, the company has announced...
Carrefour Steps Up Franchise Development in Romania
French group Carrefour, present locally with around 450 stores under various formats, is accelerating its development in a franchise system in Romania, aiming to reach over 100 units operate...
Competition Council Clears Acquisition Of Some Activities And Assets Of US PPG Industries By Poland's Qemetica
Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment vehicle Qemetica US Silica LLC, USA, the a...
Meat Processor Vanbet Ends 2023 With EUR90M Turnover, Up 11.9% YoY
Meat processor Vanbet based in Vaslui (eastern Romania) ended 2023 with a turnover of RON445 million (nearly EUR90 million), up 11.9% from the RON397.7 million (EUR80.6 million) level report...
Dedeman To Open EUR15M Store In Pascani, Iasi County
Romanian do-it-yourself (DIY) retailer Dedeman, held by brothers Adrian and Dragos Paval, will be opening a new store on Dec 6, in the northeastern town of Pascani, Iasi County, following an...
Praktiker Real Estate Romania Buys Muntenia Business Center In Bucharest For EUR8M
Praktiker Real Estate, the property company owned by Turkish businessman Omer Susli, has completed the acquisition of the Muntenia Business Center office building, in central Bucharest, and...