Found 18957 news
Romania's Competition Council is assessing the transaction through which Rombeer Cringasu SRL plans to acquire Ade Gas Company SRL.
Simona Belea will take over as the new head of Continental Automotive Romania, starting with the second quarter of 2025.
Romania's Finance Ministry raised RON1.4 billion from banks on Monday (Feb 3), selling government paper in two auctions, at annual average yields of 6.47% and 7.54%, respectively.
Romania's Ministry of Finance has tapped external markets on Feb. 3, 2025, for the first time this year, with euro and dollar-denominated bond issues at costs significantly higher than previously.
Beko Romania has appointed Marius Mihailescu to the position of Chief Executive Officer (CEO) for Romania, Moldova, Greece, Malta and Cyprus.
Holde Agri Invest (stock symbol: HAI), one of Romania’s largest farmland operators, announces new changes in its management team, confirming Bogdan Serghiescu as Chief Executive Officer (CEO) and appointing Adrian Pirciu as Chief Financial Officer (CFO).
MedLife, the largest private healthcare network in Romania by turnover, has announced that it is expanding its portfolio of robotic-assisted surgeries by introducing the Rosa robot system at the MedLife Humanitas Hospital in the city of Cluj, a state-of-the-art device specialized in orthopedics.
Law firm CMS advised leading UK-based collective of property investment and management companies M Core Group on the acquisition of the strip mall portfolio in Romania from MAS P.L.C., as well as on the acquisition financing, the firm announced on Monday.
Romania's foreign exchange reserves shrank by EUR1.3 billion from EUR62.12 billion at the end of December 2024 to EUR60.83 billion at the end of January 2025, Romania’s central bank announced on Monday (February 3, 2025).
Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited 15 lawyers over the past year, reaching a team of more than 45 lawyers, as a result of an increase in the volume of projects.
Real estate developer Forty Management, controlled by Azoitei family, has bought a 12-ha land plot in a Seville suburbia and will invest over EUR100 million in a Lagoon City-branded mixed-use development.
Cushman & Wakefield Echinox provided strategic assistance to MAS PLC, a major real estate investor in CEE, in the sale of a Romania strip mall portfolio to M Core Group.
PragmaGo, the Polish fintech providing funding services for SMEs, supported by investment fund Enterprise Investors, aims for fast growth in Romania via local company Omnicredit it has acquired recently, with the target envisaging tripling its loan portfolio in the next three years.
Dutch group Versuni, which includes Philips and Saeco brands in its portfolio, boosted Romania sales by over 10% in 2024.
Three companies part of Belgian group Habitex, all headquartered in Maramures county, have collectively laid off 241 employees.
Renaissance Public Service, Romania’s only TV set manufacturer, wants to double its business in the next two years, to over RON400 million.
Generali, Italy’s largest insurer and one of Europe’s top three, is closely monitoring any opportunity of growing Romania operations via acquisitions, but for the time being no such possibility is visible given European insurers’ high interest in the local market.
eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main assets they bought were the e-money and payment institution licenses issued by Romania’s central bank.
State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint venture company, "GECO POWER COMPANY - GREEN ENERGY CORRIDOR POWER COMPANY LIMITED LIABILITY COMPANY" based in Romania, which will implement the Green Energy Corridor project, put at EUR3.5 billion.
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Jan. 31 that the next buyback program refers to the acquisition of a maximum number of 320 million ordinary shares and/or equivalent global depositary receipts corresponding to the Fund’s shares (“GDRs") and starts on February 3, 2025.18957 items