Found 19015 news
Romania's annual inflation rate is expected to decline to 4.9% in December 2024, from a previous projection of 4.7%, and to fall only marginally inside the variation band of the target at the end of the projection horizon, i.e. to 3.4% in March 2026, in line with prior forecasts, as per the minutes of the monetary policy meeting of the Board of Directors of Romania's central bank, of May 13, 2024, released on May 23.
May 28 is the first trading session on the Bucharest Stock Exchange of Premier Energy (PE.RO), following the initial public offering the natural gas supplier conducted between May 8 and 15, the stock market operator announced.
Grup Feroviar Roman, the most important company of the Grampet group and the leader of the rail freight transport market, targets a turnover of RON1.28 billion in 2024, higher than RON1.05 billion in 2023, according to company officials.
Golden Food Snacks, the producer of the ELMAS seeds, has borrowed RON2.8 million from Romanian state-run lender CEC Bank, as per a stock market report.
Horia Manda, Chairman of the Board of Directors of Patria Bank, executive partner at Axxess Capital, and non-executive member of the Board of Directors of real estate developer One United Properties (ONE.RO), has bought 790,000 ONE shares from stock market investors, for nearly RON696,000.
State-run company Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, announced in a stock market report on May 23 that it concluded a contract of EUR14.3 million with Canadian company Candu Energy for engineering services.
Geological surveying company Prospectiuni Bucuresti (PRSN.RO) ended the first quarter of 2024 with RON3.5 million net profit, an increase of 177% on the year-ago period, while revenue was 15% lower, RON47.5 million.
Romania's Finance Ministry raised RON4 billion from banks on Thursday (May 23), selling government paper in two auctions, at annual average yields of 6.03% and 6.55%, respectively.
Lidl companies in Romania (Lidl Discount SRL, Lidl Romania SCS, Lidl Romania SRL and Lidl Imobiliare Romania Management SCS) ended 2023 with a consolidated turnover of over RON22.4 billion, up 18% on the year, and net profit of nearly RON1 billion, close to 2022 level.
Innobyte, one of the leading Romanian companies specialized in services and solutions for e-commerce, ended the first quarter of 2024 with a nearly 25% increase in turnover, to RON3.3 million, compared to the same period of 2022, company representatives said in a statement.
Bittnet Group (BNET), the first company in the IT sector listed on the Main Market of the Bucharest Stock Exchange, has listed a new issue of bonds worth RON6.6 million, under the stock ticker BNET28A, on Thursday (May 23).
The Competition Council is assessing the transaction whereby The New Originals Company GmbH intends to acquire the assets owned by Dr. Oetker Romania.
Romania's Competition Council approved the transaction whereby Ambienta SGR S.p.A., through HoldCo 69 S.r.l., intends to take over Officine Maccaferri S.p.A. and its subsidiaries.
Goldring, one of the most active brokers in Romania in terms of listings and trading at the Bucharest Stock Exchange, has appointed Nicolae Tudor to the position of Director, Head of Sales & Trading.
Startup Pluria, which in 2020 launched a platform via which company employees have access to flexible workspaces, adapted to the new hybrid work model, has acquired Bili, a fast menu&pay mobile solution.
Romania has become the 15th largest market for Italian agri-food products worldwide, being outranked only by Poland and Greece, in Central and Eastern Europe (CEE).
IT&C solutions and systems integrator Datanet Systems ended 2023 with turnover worth above EUR41.7 million, up 12% from the previous year.
Danone Romania in 2023 registered RON1.0 billion turnover, up 18%, and RON68.4 million profit, 6% above the 2022 level.
The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) has completed the subscription process for the Bank’s second capital increase during a special meeting held in Ankara, Türkiye.
Italian group Artsana, which manufactures children's textiles in Botosani under brands such as Chicco and Prenatal, is planning to close its factory in Romania, market sources told ZF.19015 items