COMPANIES

Netcity Telecom just got from BRD and BCR an increase of the EUR 36 million club loan obtained at the end of 2016, through a new facility of EUR 10 million, a press release informs. The loan facility will be ...

Fondul Proprietatea, the Romanian closed-end fund managed by Franklin Templeton Investments, sold its entire stake in Conpet, a state-owned company operating in the field of crude oil transport and listed on the Bucharest Stock Exchange (BVB). The company’s shares increased ...

A Competition Council reports reveals that French dairy giant Lactalis will have to sell LaDorna butter brand to a third-party for nine years, economica.net informs The obligation comes as a result of the takeover of Covalact, which improperly consolidates its ...

The turnover of travel agencies last year was RON 2,306 billion, of which ROL 2,067 billion of tour operators and 239,151 million of sales agencies, according to data centralized by the National Institute of Statistics (INS). The total number of ...

The number of newly established foreign capital companies decreased by 1.22 percent in the first quarter of 2018, compared to the same period of the previous year, to 1,371 units, according to the National Trade Register Office (ONRC) data. The ...

German healthcare provider Phoenix joins the Romanian market after has signed a purchase agreement for the pharmaceutical wholesaler Farmexim S.A. and the national pharmacy chain Help Net Farma S.A., a press release informs. According to market sources, the transaction is ...

Thomsons Online Benefits, a British SaaS provider of global employee benefits and employee engagement software, has inaugurated its new office in Cluj-Napoca with an area of 2,200 square meters. ”Our local growth plans are opening up career opportunities not only ...

Sodexo, one of the top players in the domestic voucher industry, launches Turist Pass, an employee benefit that can be used for purchasing touristic packages from a large dedicated network of hotels, guest houses and travel agencies from Romania, a ...

Romania is back in the Air Malta network, starting by operating a weekly (Thursday) flight to Bucharest. Scheduled flights to Bucharest will start as from May 17, 2018 with the sale of seats available as of today, Malta Independent informs. ...

The number of insolvent companies and authorized individuals (PFAs) grew by 19.31 percent in Q1 compared to the similar period of 2017, to 2,305, according to National Trade Register Office (ONRC) data. Most of the companies and PFAs in insolvency ...