Found 20563 news
tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker Pint.ro, whereby customers can buy insurance, including auto liability insurance RCA, through the Buy Now, Pay Later (BNPL) solution, in four interest-free installments or 6-12 installments with interest.
Romania's annual inflation decreased to 4.9% in June 2024, compared to 5.1% in May 2024 and 5.9% in April 2024, data from the country's statistics board INS showed on Thursday (July 11).
Law firm Filip & Company assisted the Spain subsidiaries of Digi group in sealing a national roaming contract and a RAN sharing agreement with Telefónica Móviles España.
Konica Minolta Business Solutions Romania, a major player on the printing systems market and a supplier of IT solutions and services, ended 2023 with turnover of above RON35.7 million (RON177.6 million), up over 7% from 2022.
Ardealul Carei, a major vegetable oil producer locally, for 2023 reported turnover worth RON427.7 million (EUR86.5 million), down around 30% from 2022, in line with ZF calculations based on Finance Ministry data.
Pretzel shop chain Luca has in less than 15 years reached turnover of half a billion lei (RON526 million in 2023) after fast growth supported by expansion on the one hand, the network comprising around 140 units in Romania alone, and on consumers’ shift to such products on the other hand.
Heineken Romania, the second-largest player on the local beer market, ended 2023 with RON1.7 billion revenue, up 13% from the previous year, Finance Ministry data show.
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy, has received approval from the Financial Supervisory Authority (ASF) for the prospectus for the admission to trading of its shares on the main market of the Bucharest Stock Exchange, the company said in a press release.
Arobs Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange has announced successful completion of the share capital increase operation on July 10, 2024, which helped it raise EUR28.7 million.
Dutch-held A.M. Advies B.V. now owns 68% in DN Agrar (DN.RO), which manages the largest integrated livestock farm in Romania, following the sale of 6.1% to investors on the Bucharest Stock Exchange via an accelerated private placement handled by TradeVille, which helps improve liquidity of this issuer.
Vegetable oil producer Argus Constanta (UARG.RO) on Wednesday announced the extraordinary general meeting of shareholders had approved taking out bank loans of up to RON120 million for working capital, in a report to the Bucharest Stock Exchange.
National grid company Transelectrica (TEL.RO) is calling shareholders for an extraordinary general meeting on August 12 to approve the acquisition of a stake in a new company, it said in notice sent to the Bucharest Stock Exchange.
France-based Believe, one of the leading digital music companies in the world, has bought 25% in Global Records, established by Stefan Lucian in 2008.
State-run natural gas producer and supplier Romgaz (SNG.RO) has modified a gas sale-purchase contract with Engie Romania, the largest natural gas distributor in Romania, as a result of the decline in price, the company said in a report to the Bucharest Stock Exchange on Wednesday.
Romanian tech startup Telerenta, which operates the only electronic equipment rental platform in Southeast Europe aimed at home users, and, since the end of 2023, also companies, is expanding its operations to Poland.
One United Properties, the leading green developer and investor in residential, mixed-use, and office real estate in Romania, has announced the value of developments under construction exceeded EUR1.5 billion in 2023, while the overall area under development neared 900,000 square meters.
PE-backed companies created 7.1% more jobs (with 4,027 more employees against 2021), compared with the 2.3% increase of the overall economy in 2022, while this category’s turnover rose by EUR5.2 billion during the 2019-2022 period, reveals the annual report of the Romanian Private Equity Association (ROPEA), conducted jointly with Deloitte Romania.
The total monthly average income in Romania stood at RON8,049 per household in Q1/2024, up 7.3%, representing RON3,210 per person, 7% more than in Q4/2023, data from the country’s statistics board INS show.
Romania’s goods trade deficit, namely the gap between goods exports and imports, widened in January-May 2024 by 11.1% year-on-year to EUR12.2 billion, as exports dropped by 2.9% and imports inched up, by 0.2%, data from the country's statistics board INS show.
BrightCap Ventures, a venture capital fund headquartered in Sofia, has has completed the first close of its new fund targeting €60m.20563 items