Found 20563 news
Romanian lender Banca Romana de Credite si Investitii has expanded its services portfolio with the Plati Instant service developed by TRANSFOND, which allows the inter-banking transfer of sums of up to RON50,000 in less than 10 seconds.
Starting June 18 until June 28, retail investors can subscribe Fidelis government bonds at interest rates of 7% for lei and 5% for euro in a new issue carried out by the Finance Ministry.
Oracle Global Services Romania, part of US group Oracle, one of the world's largest tech groups, registered an almost 16% turnover decline in 2023 year-on-year, to over RON518.4 million (EUR104.2 million).
Inter Computer (IC) Romania, the local subsidiary of the Hungarian group of the same name, operating on the tech solutions market, targets EUR3 million turnover for 2024, the first year of activity for the company on the local market.
Fashion retailer Peek & Cloppenburg, which operates on the market of large, multibrand-type stores, is launching a smaller format, so as to be able to expand to secondary cities of Romania as well.
Local brewer Albrau registered RON70.9 million turnover in 2023, almost 23% higher than in 2022.
While in early 2020 Romania had just 271 prosumers, this exclusivist club has now turned into a significant player in the local energy field. Thus, at end-March 2024, Romania had over 121,000 prosumers, with an overall capacity of almost 1,600 MW, in line with data provided by energy watchdog ANRE.
Mobility network Autonom Services, founded by brothers Marius and Dan Stefan, has signed a contract with BRD – Groupe Société Générale S.A. (BRD) to act as an intermediary, in connection with the intention to launch a corporate bond issuance in the last quarter of 2024, as per a stock market report released on June 14.
Premier Energy Group, through Alive Renewable Holding Limited and together with Motor Oil Renewable Energy Single Member S.A. (MORE), has acquired two new photovoltaic projects for renewable electricity generation.
Home appliances and home appliance component maker Electroarges (ELGS.RO) has called shareholders for July 26 to vote on the sale of the stakes the company holds and on the change of its name to AETA Industria.
Grup Serban Holding (stock symbol: GSH), a Romanian entrepreneurial company operating in the agribusiness sector, ended the first quarter of 2024 with net profit of RON4.5 million, down 15% on the year, and a turnover of RON130 million, up 7% on the year, in line with data from the company's quarterly financial report published at the Bucharest Stock Exchange.
Real estate developer METAV has started construction of a new residential complex, Bellemonde, in Pipera, north of Bucharest, after securing the construction permit from the authorities of the city of Voluntari.
UniCredit Bank has completed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to EUR291 million for First Look Solutions SRL, a joint-venture between Rezolv Energy and Low Carbon, with the aim of funding the development of Phase 1 of a wind energy project.
Lactalis Romania group has started the procedures to close the plant in Miercurea Ciuc it got together with Covalact in 2016, but announced investments in the remaining facilities – Oiejdea, Alba County, Sfantu Gheorghe – Covasna County, Campulung Moldovenesc – Suceava County and Tunari – Ilfov County.
The employment rate for the working age population (15-64 years) was 64.2% in the first quarter of 2024, higher by 1.2 percentage points compared to the level recorded in the fourth quarter of 2023, data from Romania's statistics board INS showed on Friday (June 14).
The average net salary in Romania edged up 0.6% in nominal terms in April 2024 compared to March 2024, to 5,217 (EUR1,049), data from the country's statistics board INS showed on Friday (June 14, 2024).
State-owned Nuclearelectrica, Romania’s sole nuclear power producer, is convening shareholders to approve among others the amendment of the 2024 budget and the granting of a loan of as much as RON814 million to EnergoNuclear subsidiary for investments in Cernavoda 3 and 4 reactors.
Romania’s industrial production increased by 12.1% in unadjusted data in April 2024 versus April 2023 and by 3.6% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Thursday (June 13, 2024).
Polish-held fashion discounter Pepco, the leader of the fashion market in Romania, ended 2023 with almost RON2.6 billion sales, 11% higher than in 2022, ZF calculated based on public data.
Celestica Romania, the local subsidiary of Canadian group Celestica, ended 2023 with a turnover of RON1.967 billion (EUR397.8 million), up 19.1% from nearly RON1.591 billion (EUR322.7 million) in 2022, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.20563 items