Found 19058 news
Seed producer and processor Germina Agribusiness (SEOM.RO) announced the completion of the sale process for several real estate assets held by the company and consisting of six apartments in Bucharest's sector 2, following shareholders' decisions made in summer 2023.
Large companies operating in the energy and utilities sectors at the Bucharest Stock Exchange recorded interest income of almost RON1.5 billion for the first nine months of 2023, up 54% compared to the same period of 2022.
Aurelian Marin, the owner of travel agency Paradis Tours and several hotels on the Romanian seaside, has acquired four-star Modern All Inclusive hotel in Mamaia seaside resort.
Romania's Finance Ministry raised RON784 million from banks on Monday (January 29, 2024) selling bonds with a nominal value of RON500 million due in April 2031, at an annual average yield of 6.42%.
Dorinel Umbrarescu, the owner of construction firms UMB Spedition, Tehnostrade and SA&PE Construct, is acquiring liquid steel producer Otelul Rosu based in Caras Severin in order to produce metallic components needed in its construction activities, in line with data from the local media; the transaction is estimated at EUR12 million.
Niculae Havrilet has notified OMV Petrom with a waiver of his mandate as a member of the company's Supervisory Board, starting February 12, 2024, Petrom announced in a stock market report on Monday (Feb 12).
Vodafone Romania, one of the largest players on the local communications market, has concluded a strategic partnership for the implementation of Ericsson technology for network development and 5G network deployment.
Lowe Group, one of Romania’s largest marketing and communication groups, is strengthening its top management team by appointing Florina Varzariu as Chief Financial Officer.
Romania's mergers and acquisitions (M&A) market decreased slightly by volume in 2023 compared to 2022, but maintained its value, being estimated at EUR6.5-7.2 billion, according to an analysis conducted by Deloitte Romania.
For the second consecutive year, the EY and Institute of International Finance (IIF) Bank Risk Management Survey finds that cybersecurity is the top concern for European banking Chief Risk Officers (CROs).
The average net salary in Romania increased by 6.6% in nominal terms in December 2023 compared to November 2023, to 5,079 (EUR1.036), data from the country's statistics board INS showed on Monday (Feb 12, 2024).
The Finance Ministry starting Monday, February 12 launched a new edition of the TEZAUR Treasury bills (T-bills) program for the general population.
Companies will be able to access in the coming weeks non-reimbursable funds worth above EUR800 million for investments in green energy projects, to boost the energy efficiency of plants or for new green energy generation units, in line with data provided by REI, a group of companies specializing in EU funds and state aid.
Local startup easySales, which which set up an automated B2B management and e-commerce platform, intermediated orders worth RON745.5 million in 2023, a 75% annual growth.
Finqware, a Romanian fintech specializing in the treasury management automation, saw its turnover rise fourfold in 2023.
Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management.
Building materials producer TeraPlast Bistrita in 2023 registered RON672 million consolidated turnover, down 5%, while net profit dropped to RON1.1 million from RON16 million in 2022.
Lantmännen Unibake Romania, a major player on the local bakery market, got a capital injection of around EUR10 million from its parent company of Sweden.
Romania's energy regulator ANRE confirmed in a press statement on Friday (Feb 9) that it had fined four companies operating in the local energy sector a total RON537 million.
Romania’s banking system hit a record high profit of RON13.7 billion in 2023, up nearly 34% from 2022, in line with preliminary data from the country's central bank.19058 items