The local subsidiary of the Swedish producer of equipment for maintaining green spaces – Husqvarna – reported business worth 24 million euro in 2021, up by 13% against 2020. Until the end of the year, the company estimates business of 25.5 million euro in Romania and prepares investments of almost 2 million euro by opening three new shops. ‘It is about investments of almost 1.8 million euro’ the company announced. The market for green space maintenance equipment is very dynamic and oriented to new technologies, say the representatives of the company. Husqvarna invested at group level only in 2020 approximately 166 million euro in research and development. The allocated sum especially for the development of digital services and automated products with batteries. At present, the company is in full process of development of this technology which they have already supplied in the professional products through the EPOS solution ( exact position operating system). Thus, the future grass mower will be able to do more than to maintain the lawn in excellent state. Set up in 1689, Husqvarna, part of the Swedish group with the same name, produces a large variety of equipment and accessories for forests, parks, gardens and constructions from chainsaws and disc-cutting machines, up to robotic lawnmowers for lawnmowers. The company has been a world leader in the domain of robotic lawnmowers since 1995, with over 2,000,000 units sold in the world.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
