Huawei Technologies, the Romanian subsidiary of China's giant Huawei, reported a turnover of RON1.6 billion (nearly EUR325 million) for 2023, down 15% compared to 2022, as per finance ministry data.
Drugmaker Zentiva Bucuresti (BSE:SCD) has appointed Hacho Agop Hatchikian as temporary member in the company's Board of Directors, effective June 6, Zentiva said in a press statement published on the website of the Bucharest Stock Exchange on June 6.
Romania's Finance Ministry raised RON2.8 billion from banks on Thursday (June 6), selling government paper in two auctions, at annual average yields of 6.03% and 6.75%, respectively.
French retailer Auchan has rebranded two Auchan Discount stores, located in the cities of Timisoara and Ploiesti, under the new discount hypermarket format ATAC, reaching three units under this concept.
Approximately 150-200 new franchises open in Romania's HoReCa (Hotels, Restaurants and Catering) sector every year, and the investment value ranges from EUR30,000 to over EUR300,000, depending on the size of the restaurant, as per an analysis by franchise consulting company Franchwise.