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Mircea Turdean says cosmetics producer Farmec Cluj, a company has runs and controls as a shareholder, has been and will always be a family business.
Romanian car parts maker UAMT Oradea (UAM.RO) on Monday (Dec 11) informed the local capital market in a stock market report about the decision of the Board of Directors as regards contracting a loan of RON4.93 million from lender Exim Banca Romaneasca (the former Eximbank).
Real estate investment fund Alternative BT Property, which manages EUR22.3 million worth of assets, has completed the acquisition of three buildings in which oncology clinics Amethyst Radiotherapy in Cluj (Floresti), Timis (Dumbravita) and Ilfov (Otopeni) operate.
Romgermed, a medium-sized actor on the private medical service market, has grown to nine medical laboratories in Bucharest, a clinic with 110 medical offices and the hospital on Calea Plevnei.
Filip & Company assisted Banca Transilvania with the launch of a bond program totaling EUR1.5 billion and with the first sustainable bond issue under this program, through which Banca Transilvania raised EUR500 million from international markets.
Fondul Proprietatea (FP.RO) on Monday evening notified the Bucharest Stock Exchange that Franklin Templeton International Services, in its capacity as sole director of the Fund, received a binding offer from GDF International, the majority shareholder of Engie Romania, to buy the Fund’s Engie stake for EUR87 million.
Net investments in Romania’s economy totaled RON118 billion in the first nine months of 2023, up 14.4% year-over-year, with new construction works accounting for 62.6% and purchases of machinery, including transport vehicles, for 29.3%, data from the country’s statistics board INS showed on Monday (December 11).
Farmland operator Holde Agri Invest (HAI.RO) on Monday notified the Bucharest Stock Exchange that its subsidiaries had signed several significant contracts with the same undisclosed customer. The aggregate value of the contracts is RON50.7 million, excluding VAT, according to ZF’s calculations.
Romania's Finance Ministry raised RON1.5 billion from banks on Monday (December 11), selling government paper in two auctions, at annual average yields of 6.72% and 6.68%, respectively.
Carbochim, the largest manufacturer of professional abrasives in Romania, has recently completed the relocation and technological upgrade process, following an investment of EUR5 million, aiming to streamline its industrial activity and optimize costs.
Banca Comerciala Romana (BCR) is successfully launching a new issue of non-preferred bonds, worth RON1 billion.
A total 17,916 housing units were put into use in Romania in the third quarter of 2023, 2,307 fewer units than in the same period of 2022, provisional data from the country’s statistics board INS showed on Monday (December 11).
Infinity Capital Investments (INFINITY.RO), a company listed on the Bucharest Stock Exchange (BVB) for 24 years, will start trading on Monday (December 11, 2023), under the new ticker symbol, INFINITY, following the process of implementing a new brand identity undertaken by the company during 2023.
Romania's trade balance posted a deficit of EUR23.1 billion in January-October 2023, lower by EUR5.21 billion (-18.4%) compared to January-October 2022 period, data from the country's statistics board INS showed on Monday (December 11).
Law firm PeliPartners has advised Mitiska REIM in the largest real estate deal of 2023, the sale of the 25 retail parks owned in Romania, by Britain’s LCP Group, part of M Core.
Kiddo group, specializing in the development of play centers for kids and young people owned by Vlad Alexandru and Cristina Sucu, has opened a Hype Energize-branded center in Palas Iasi, with this being the first location under this concept outside Bucharest.
DIGI’s Portugal subsidiary has signed a contract with Vodafone Portugal for spectrum use and access to the optical fiber network owned by Vodafone.
Romania’s national grid company Transelectrica has obtained an over EUR56 million non-reimbursable funding, via the REPowerEU component of PNRR, for three investment projects envisaging the retooling of the electricity transmission network, with two of them being aimed at the SMART and Teletrans subsidiaries.
Polish group Amrest will keep Starbucks franchise for the Romanian market for another five years, namely until 2028. The agreement between the sides has been recently extended after the initial deal expired in October 2023.
Bucharest Stock Exchange recorded a new all-time high for its main index, BET, which gained 1.36% and overshot the 15,000-point mark for the first time ever, as all its 20 shares ended the session higher.19075 items