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Romania's Finance Ministry raised RON604 million from banks on Monday (Oct 14, 2024) selling benchmark bonds, below the planned amount of RON700 million, at an annual average yield of 6.23%.
The Bucharest Stock Exchange (BVB) has announced on Monday (Oct 14) that it launched in September 2024 the recruitment process for the position of General Manager within BVB, for a 4-year term, starting with January 1, 2025.
Construction regulations must be updated to facilitate the transition to a circular economy, as recommended by Romania's Competition Council following its study on the competitive advantages of circular economy in construction.
Token Payment Services (TOKEN) was authorized by Romania's central bank to accept online payment operations and transactions at physical POS (point of sale) terminals, in accordance with PSD2 regulation.
Romania's total external debt (public and private) increased by EUR14.1 billion in January-August 2024 versus December 31, 2023, up to EUR182.5 billion, central bank also showed on October 14, 2024.
Pharmaceutical producer Zentiva (SCD.RO) on Monday announced the Czech Zentiva Group, its majority shareholder, had come to own more than 96% in it as a result of the tender offer conducted between September 25 and October 8.
After being acquired by eMAG in fall 2019, the local fast delivery platform Tazz has amassed net losses of RON324 million between 2020 and 2023, in line with publicly available data.
Romania’s industrial production decreased by 4.3% in unadjusted data in August 2024 versus August 2023 and by 2% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Monday (Oct 14, 2024).
Reff & Asociatii and Deloitte Romania assisted BLIK Romania, the local company set up by Polish provider of payment solutions Polski Standard Platnosci Sp. z o.o., which operates in Poland under BLIK brand, in the authorization of BLIK Romania payment system by Romania’s central bank.
Law firm Filip & Company assisted Romania Finance Ministry, together with law firm Anderson Mori & Tomotsune, in its first issue of Samurai green bonds on Japan’s capital market, totally worth 33 billion Japanese yen.
The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the current conditions one, in line with the latest survey conducted by CFA Romania Association.
Deichmann, Europe’s main footwear retailer, has sealed a leasing contract for 20,000 square meters of industrial spaces in ELI Park Bucuresti, a project part of the portfolio of ELI Parks, a major developer of logistics and industrial spaces in Romania.
Tazz, the local fast delivery platform part of eMAG group, will be acquired by Wolt, a Finnish platform with operations in 28 countries.
Carmistin Group, one of the largest players on the food market, has recently undergone a rebranding process amid business expansion, becoming Carmistin, The Food Company.
Thermal-insulating panel producer Topanel of Ramnicu Valcea has invested EUR10 million in the second production line, which will double the plant’s capacity, in a bid to meet industrial sector demand.
Agroland Agribusiness (stock symbol: AAB), a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, announced in a stock market report on Oct 11 about the acquisition of a seed and grain conditioning station consisting of cereals silos, together with fertilizers warehouses, fuel storage and others.
Concrete prefab manufacturer Prebet Aiud (stock symbol: PREB) announced in a stock report on Oct 11 a significant change in its shareholding structure following the completion of the subscription offer for the share capital increase of RON17.7 million, with debt-to-equity swap and cash contribution, carried out through Goldring. certain, liquid and exigible debts
Real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on Oct 11 that D Craig Holding SA, a legal entity in close relationship with One United Properties via Dragic Augusta-Valeria – non-executive member of the company's Board of Directors, bought 916,000 ONE shares, at the price of RON0.54 per unit.
Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according to the 2024 European Ecommerce Report commissioned by Ecommerce Europe and EuroCommerce and conducted by the Market Research Center of the University of Applied Sciences in Amsterdam.
Romania's central bank has a new Board of Directors, for a five-year term, led by Chairman and Governor Mugur Isarescu, starting October 11, 2024.18957 items