Found 19075 news
Plastic packaging maker Romcarbon (ROCE.RO) has signed with the Ministry of Education a financing contract related to the de minimis aid, in the amount of RON50,000, as a partner in the project “Pre-University and University Excellence Centre for Dual – Technical Education Buzau”.
INVL Renewable Energy Fund I, a fund that invests in renewable energy projects and is managed by INVL Asset Management, has signed an agreement with Kommunalkredit Austria AG for a EUR25 million loan.
Turkey’s Jimmy Key, with an over 30-year experience in womenswear, will open its second store of Romania on December 8 in Bucharest’s AFI Cotroceni shopping center developed by AFI Europe.
The Bucharest Stock Exchange (BVB) was the only stock exchange in Europe with a globally significant IPO: Hidroelectrica’s $2 billion offer placed BVB in the 4th place in the global ranking according to the value of an initial public offering registered in the first 3 quarters this year, reads a BVB press release.
Autonom group, founded by brothers Marius and Dan Stefan, has launched a new ride hailing service on Bucharest market, called Blue, in the wake of a EUR5 million total investment.
Moov Leasing, a digital mobility platform founded by Bogdan Speteanu, former CEO of BCR Leasing, and Mircea Dihel, former CEO of Tiriac Leasing, has reached a EUR10 million valuation after founders of International Alexander Holding also entered its shareholding structure.
Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-October 2023, with a volume of 122,104 units, up 15.4% from the year-earlier period, of which 12,88 units were full electric ones and 36,703 hybrid ones, in line with data provided by Romania’s and Europe’s carmaker associations ACAROM and ACEA.
Private healthcare provider MedLife wants to extend by EUR50 million the credit limit of a EUR228 million syndicated loan contracted in December 2022.
Domeniile Boieru, a winemaker of Cimbrud, Alba county controlled by Florin Danoaie and Raul Ciurtin, in 2022 registered RON9.7 million turnover, up over 50% from 2021, and a 60-wine portfolio.
Libra Internet Bank, a member of U.S. investment group New Century Holdings, has convened the Extraordinary General Meeting (EGM) of Shareholders for December 22, 2023, the company said in a report to the Bucharest Stock Exchange on Monday (Nov 20).
Shipbuilder Santierul Naval Orsova (SNO.RO) has informed the local stock market on Monday (Nov 20) that port services company Sea Container Services SRL has bought 49.99% of its share capital.
Derco, a Lockheed Martin company, signed an agreement with Romanian company Aerostar Bacau, an integrated supplier to the global supply chains of major aerospace companies, to repair landing gear, wheels and brakes in support of the Romanian Air Force F-16 fleet, reducing lead times and improving logistics for mission readiness.
Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON536.8 million (EUR108.8 million) in 2022, up more than 38% from the previous year’s RON388.6 million (EUR79 million), according to ZF calculations based on public Finance Ministry data.
The number of job vacancies in Romania dropped by 5.3 thousand in the third quarter of 2023 compared to the same quarter of 2022 and the job vacancy rate decreased by 0.12 percentage points, data from the country’s statistics board INS showed on Monday (Nov 20).
German-held Hengst Filtration has bought the former International Automotive Components (IAC) factory in Bals to manufacture air filters.
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, posted RON212.8 million consolidated revenue in the first nine months of 2023, an increase of 212% on the year-ago period.
Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's western city of Timisoara.
Shipbuilder Santierul Naval Constanta (SNC.RO) notified the Bucharest Stock Exchange on Monday about a notification received from Resource International SA, which bought 1.3 million shares in it for RON2 each on November 16.
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 20), below the planned level of RON600 million, selling bonds due in April 2030, at an annual average yield of 6.98%.
Electrica (EL.RO), an electricity supply, distribution and generation company, plans to build in partnership with Electrocentrale Grup a state-of-the-art combined cycle plant powered by natural gas and integrating the hydrogen component and storage facilities, with a maximum nameplate capacity of 500 MW. The project was devised to be implemented in Fantanele, Mures County.19075 items