“Business restructurings are very widespread during this period, some are brutal, but unfortunately necessary. Essentially, restructuring a company means eliminating positions from the company’s organizational chart for real, serious and objective reasons. From our practice in this field, which is […]
Global land systems manufacturer Otokar and Romtehnica, as the representative of the Ministry of National Defense signed a 4.26 billion RON (857 million euros) multiannual contract to supply 1,059 COBRA II 4×4 armored vehicles to Romanian Ministry of Defense. Under […]
Hidroelectrica announces the signing of a contract for the structural rehabilitation of the weirs at the Portile de Fier I Spillway Dam, worth 39.2 million euros, excluding VAT. The project has an initial estimated value of 40 million euros, excluding […]
DN AGRAR Group, the largest integrated livestock farm in Romania, with cow milk production and vegetable production, ends the first 9 months of 2024 with a 9 percent increase in turnover, compared to the same period last year, reaching RON […]
Now in its 10th edition, the recently held People Empowering Business Forum & Awards Gala 2024 celebrated the leaders and their teams who have made exceptional contributions to empowering the work environment and made a significant mark to broader business […]
Journey into the past and present Over 45 years ago, Petromidia began writing its history on the seashore, in Năvodari. The decision to locate the refinery was made after a helicopter flyover, determining that the current location met all the […]
Vienna Insurance Group announces the financial results for the first three quarters of 2024, with profit before taxes of 666.5 million Euro, 8.5 percent higher than in the previous year. This profit growth is mainly attributable to the Poland, Extended […]
IMPACT Developer & Contractor reports revenues of 137.9 million RON at group level in the first nine months of 2024, up 29 percent compared to the same period last year. Gross profit increased by 12 percent, with a value of […]
EnergoNuclear, a Nuclearelectrica fully owned subsidiary, and FCSA Joint Venture comprised of Fluor B.V., Fluor Energy Transition Inc. Wilmington Bucharest Branch, Candu Energy Inc., Ansaldo Nucleare S.p.A., S&L Engineers, Ltd. and Sargent & Lundy Energie S.R.L signed the Engineering, Procurement […]
Sphera Franchise Group, the largest group in the food service industry in Romania, ended the first nine months of 2024 with record sales of over 1.14 billion RON, 6.4 percent higher than the same period last year. The normalized net […]
