Articles 1 - 25 of 66 by " Ramona Cornea"
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TeraPlast Set to Invest Funds Raised from Capital Hike in Development Plans
7 oct 2024
TeraPlast group will use the money raised from the share capital raise to fund its development plans and support current activity, maintains Alexandra Sica, IR & sustainability manager at TeraPlast. more
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Heineken Starts Strongbow Cider Production in Miercurea Ciuc
27 sep 2024
Heineken Romania, the second largest brewer locally, has in 2024 started Strongbow cider production at Miercurea Ciuc plant, according to the company’s officials. more
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Mark Twain International School Builds Two New Campuses Near Bucharest, Readies Investments of around EUR15M
30 iul 2024
Private school Mark Twain International School will in 2024 start building a Flagship Campus in the area of Balotesti, which will be able to accommodate between 800 and 1,000 students. This is due to more
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Romania Moves To EU Minimum Wage
21 iun 2024
The Government has approved the law on setting the EU adequate minimum wage. The bill will go to Romania’s Parliament next for expedited adoption, the Labor Ministry said. more
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Intrakat: From 2025 On We’ll Be Very Interested In Investing In Energy Projects
20 iun 2024
Intrakat, the Greek group that bought builder Aktor, has energy projects, as well, in its investment plan for the Romanian market. The entry of the PPC Group in Romania, following takeover of Enel’s more
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Government Raises Gross Minimum Wage To RON3,700 On July 1
23 mai 2024
The gross minimum wage will rise to RON3,700 from 1 July, Prime Minister Marcel Ciolacu announced after Thursday's meeting with the National Tripartite Council for Social Dialogue. more
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eMAG Posts 10% Revenue Growth in 2023, Expects Similar Result in 2024
3 apr 2024
eMAG, a major player on the online retail market in the region, ended fiscal year 2023, which closes for the group on March 31, 2024, with a two-digit increase and its representatives expect the same more
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Beverage Producer Merlins Seals International Partnership
23 nov 2023
Eduard Alexianu, commercial manager at Merlins Beverages, the producer of Vitamin Aqua and Limonade, says the company has sealed an international partnership and started selling abroad. more
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Evolor, Ready to Go Abroad
17 nov 2023
Paint producer Evolor, part of ROCA Industry portfolio, plans to expand to other countries in the region after having starting exporting to the Republic of Moldova this year, according to its CEO, more
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Romania Outsourcing Industry Employee Numbers Rose 10% in 2023
10 nov 2023
The average number of employees in the local services outsourcing industry went up by 10% in 2023, salaries increased by 9% and the personnel turnover rate dropped to 14% in the first half of this more
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Startup Youni Opens Education Hub in Craiova, Its Second in Romania
28 sep 2023
Local startup Youni, which develops the platform of the same name for pupils who want to study at universities abroad, will open its second education hub of Romania, in Craiova. more
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North Star Support Group Gets EUR1.3M Capital Infusion From Canada’s Avante
25 sep 2023
North Star Support Group (NSSG), a Romania-based risk management services provider with global operations, has received a capital infusion from Avante Corp (Avante), a Canadian security services more
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Over 100,000 Foreigners Work in Romania
7 apr 2023
More than 100,000 foreigners work in Romania, with most of them coming from Bangladesh, Nepal and Pakistan. more
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Hella Romania Invests EUR20M in New Timisoara Unit
14 mar 2023
Car parts producer Hella Romania, the local subsidiary of German concern Hella, is investing EUR20 million in the new unit of Ghiroda, Timisoara, an investment due to be tripled for the acquisition of more
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KPMG: 2023 Will Remain a Good Year Despite Slight Slowdown of M&A Market
19 ian 2023
The year 2023 will be less dynamic in the Romanian M&A market, but it will still be a good year, according to Bogdan Vaduva, partner, deputy head of advisory at KPMG. more
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Romania’s Birth Rate Has Plunged in Past Three Decades
18 ian 2023
Birth rate decline has become one of the most obvious problems Romania is currently coping with. more
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DN Agrar Set to Grow Organically by Investing in New Farms
9 nov 2022
Peter De Boer, a member of the managing board of DN Agrar Group, made up of 15 companies with a total of 10,000 bovines and working 10,000 hectares of land, says the group’s intention had been to more
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Outsourcing Industry Employee Numbers Up almost 30% in 3 Years To over 230,000
1 nov 2022
The number of employees in Romania’s outsourcing industry has increased by almost 30% in the past three years, to more than 230,000 persons, in line with data included in the annual report of the more
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Number of Job Vacancies up 16% in Q2, 2022 vs Q2, 2021
22 aug 2022
The number of job vacancies in Romania increased by more than 16% in the second quarter of 2022 compared with the year-earlier period, going from 39,504 to 45,976, National Statistics Institute data more
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Wine Maker Avincis Sees Tourism Weigh 30% in Turnover in 2021
1 iul 2022
Avincis wine maker of Dragasani vineyard area saw tourism reach a 30% weight in total turnover in 2021. more
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Philip Morris Set to Invest $100M in 2022-2023 to Boost Production Capacities for Smoke-Free Products in Romania and Cut Environmental Impact
17 iun 2022
Cigarette and vaping products manufacturer Philip Morris will invest $100 million in 2022-2023 to develop the production capacities for smoke-free products in Romania and reduce the impact over the more
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Romania, Ever More Visible for M&A Market Investors
23 mai 2022
2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals. more
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EquiLiant Capital Aims to Have 6-7 Companies in Investment Portfolio
28 apr 2022
Laurentiu Ciocirlan, managing partner of investment fund EquiLiant Capital created by Paval brothers, the owners of Dedeman, Romania’s most powerful entrepreneurial business, states the fund wants more
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Musette, in Dire Need of Additional Staff
1 dec 2021
Cristina Batlan, founder of Musette brand, a major player in Romania’s footwear sector, with production and retail activities, states that the company is still in dire need of personnel, both more
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BAT Aims to Continue Hiring Drive in Romania in 2022
25 nov 2021
Cigarette maker British American Tobacco will continue its recruitment drive in 2022, for marketing positions in its commercial unit, but also in the plant the company owns in Ploiesti, according to more