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Competition Council Greenlights Acquisition Of Astir Vitagiannis Bros. S.A. By Guala Closures S.p.A.
Companies

Competition Council Greenlights Acquisition Of Astir Vitagiannis Bros. S.A. By Guala Closures S.p.A.

Romania's Competition Council approved the transaction through which Italy's Guala Closures S.p.A plans to take over Greece's Astir Vitagiannis Bros. S.A., including its subsidiary, Coleus P...

Ecaterina Craciun · 20.08.2024 · 09:32 · 1 min
Avioane Craiova Sees Revenues Treble in H1/2024, Switches to Profit
Companies

Avioane Craiova Sees Revenues Treble in H1/2024, Switches to Profit

Avioane Craiova, an aircraft manufacturer controlled by the Romanian state, in H1/2024 registered total revenues worth RON74.4 million, almost three times higher than in the same period of l...

Eduard Ivanovici · 19.08.2024 · 12:41 · 1 min
Clifford Chance Assisted Erste Group and BCR in Funding Development of 99.2 MW Onshore Wind Project Nala Renewables Acquired from OX2
Companies

Clifford Chance Assisted Erste Group and BCR in Funding Development of 99.2 MW Onshore Wind Project Nala Renewables Acquired from OX2

A multijurisdictional team of Clifford Chance assisted Erste Group Bank AG and BCR in funding the development of a 99.2 MW onshore wind project that Nala Renewables bought from OX2.

Roxana Dumitru Rosu - Mediafax · 19.08.2024 · 12:32 · 1 min
Motorola Solutions Romania Sees 2023 Turnover Drop 25% in 2023 To RON78.8M
Companies

Motorola Solutions Romania Sees 2023 Turnover Drop 25% in 2023 To RON78.8M

Motorola Solutions Romania, the local subsidiary of the US company of the same name, a provider of emergency communications solutions, reported lower turnover and slightly higher net profit...

Adrian Seceleanu · 19.08.2024 · 10:45 · 1 min
Canon Production Printing Romania Ends 2023 with RON60M Turnover, Up 8% YOY
Companies

Canon Production Printing Romania Ends 2023 with RON60M Turnover, Up 8% YOY

Canon’s Timisoara software research and development center had a stable headcount in 2023 and higher turnover than in 2022.

Adrian Seceleanu · 19.08.2024 · 10:36 · 1 min
Slovenian Startup Leanpay Wants to Attract More Partners in Romania, Expand Bucharest Team
Companies

Slovenian Startup Leanpay Wants to Attract More Partners in Romania, Expand Bucharest Team

Leanpay Romania, the local subsidiary of Slovenian startup specializing in BNPL-type services, aims to reach 1,000 partners by end-2025 as Romania is one of the biggest markets in the region...

Ioana Nita · 19.08.2024 · 10:12 · 1 min
Sweden’s Medicover Eyes Romania Medical Center Consolidation
Companies

Sweden’s Medicover Eyes Romania Medical Center Consolidation

Medicover, Romania’s third largest private healthcare provider, the subsidiary of the Swedish group of the same name, plans to consolidate the centers it owns in Romania.

Georgiana Mihalache · 19.08.2024 · 09:50 · 1 min
Vrancart Switches To RON8.4M Loss In H1/2024 vs RON8.5M Net Profit In Year-Earlier Period
Companies

Vrancart Switches To RON8.4M Loss In H1/2024 vs RON8.5M Net Profit In Year-Earlier Period

Corrugated cardboard manufacturer Vrancart Adjud (stock symbol: VNC) reported loss of RON8.4 million for the first half of 2024, compared with net profit of RON8.5 million in the same interv...

Ecaterina Craciun · 16.08.2024 · 20:07 · 1 min
Pentalog Romania Merged With Pentalog HR Romania On June 30
Companies

Pentalog Romania Merged With Pentalog HR Romania On June 30

Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L., the subsidiaries of software company Globant, merged at the end of June 2024, as per shareholders' decision published in the Official...

Ecaterina Craciun · 16.08.2024 · 19:58 · 1 min