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State-run company Nuclearelectrica (BSE:SNN), Romania’s sole nuclear power producer, and Korea Hydro & Nuclear Power (KHNP) have announced the start of works on the first tritium removal facility in Europe, located at the Cernavoda Nuclear Power Plant.
The cross-border merger by absorption of Credit Europe Bank Romania S.A. into Dutch parent company Credit Europe Bank N. V. was initiated and, after the merger, the former will continue its activities in Romania as a subsidiary of the latter, as per data provided on June 10 by the representatives of the institution.
Romania's Finance Ministry raised RON1.03 billion from banks on Monday (June 10), selling government paper in two auctions, at annual average yields of 6.29% and 6.69%, respectively.
Forty Management, a Romanian developer of real estate projects with mixed destination and green urban reconversion, has announced that it will inaugurate on June 12 the Lagoon Park Bucharest project, the first artificial urban beach in Europa, following an investment of EUR33 million.
The total monthly average income in Romania stood at RON7,175 per household, in nominal terms, in 2023, representing RON2,872 per person and increasing by 11% and by 11.5%, respectively, compared to 2022, data from the country's statistics board INS showed on Monday (June 10).
Romania's trade balance posted a deficit of EUR9.3 billion in January-April 2024, higher by 5% compared to the same period of 2023, data from the country's statistics board INS showed on Monday (June 10).
Restart Energy One, one of the largest independent electricity and renewable energy suppliers in Romania, wants to raise funding via a bond issue of as much as EUR6.5 million that it should list on the Bucharest Stock Exchange.
Deloitte Romania assisted healthcare group Affidea, the largest player in the field of medical imaging, in taking over the four MedEuropa Romania clinics, which are specialized in radiotherapy, present in four cities of the country.
Electronics Suport Division (ESD ROM), a company specializing in repair services owned by entrepreneurs Mihai Oleinic and Bogdan Bunda, in 2023 posted a 20% turnover decline to RON23.9 million.
Automotive parts and accessories wholesaler Inter Cars Romania, part of Polish group Inter Cars, for 2023 reported turnover worth around RON1.8 billion (EUR363.5 million), up 19.7% on the year, in line with ZF calculations based on Finance Ministry data.
Cargus, one of the largest players on the courier services market, plans to double its turnover in the following years and will focus on internationalization to reach this target.
Maib, the main lending institution of the Republic of Moldova, plans to distribute dividends worth MDL 757 million (around RON200 million) from the net results registered in 2021-2023.
The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated operations worth RON14 billion in January-May 2024, against RON6.6 billion in the same period of 2023, with a 112% increase being thus registered in a 12-month interval, in line with ZF calculations based on BVB data.
TeraPlast SA has appointed Bogdan Lucian Craciunas to the position of Chief Financial Officer of the company, effective from July 29, 2024, the company announced in a press statement on Friday (June 7).
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, June 30, the ministry announced on Friday.
eMag IT Research SRL, a company held by Dante International, which manages eMAG, the largest online retailer in Romania, had a net turnover of RON232.5 million (EUR46.7 million) in 2023, up nearly 6% year-over-year, as per finance ministry data.
Energy Minister, Sebastian Burduja, on June 7 signed 14 financing contracts worth a total of RON34.5 million (EUR7 million), through the Modernization Fund, for investments in photovoltaic panels.
Concrete prefab manufacturer Prebet Aiud (PREB.RO) has informed investors in a stock market report on Friday (June 7) about the conclusion, as seller, of a contract worth nearly RON334 million for the supply of prefabricated products,
Transilvania Investments Alliance’s (TRANSI.RO) executive board has called shareholders for a meeting on July 11 to vote on the sale of the stake Nova Tourism Consortium SA holds in Societatea Hoteluri Restaurante Sud SA.
The first direct flight from Romania, Bucharest, to the United States of America, in New York, after a 20-year break, was operated on Friday (June 7) by airline HiSky, from the Henri Coanda (Otopeni) International Airport.20563 items