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Bittnet (BNET.RO), a group of IT companies listed on the Bucharest Stock Exchange, on Monday announced the signing of a new transaction in the cybersecurity sector by acquiring a majority ownership, of 74%, in Global Resolution Experts (GRX), a company specialized in security consulting services.
Romania's finance ministry on Monday raised RON1.15 billion selling bonds maturing in September 2031 and October 2027, at average yields of 5.43% and 5.19%, respectively.
Restaurant chain Maison des Crepes, launched in 2016 by Valentin and Ruxandra Strugaru, is expanding with four franchise units in the cities of Buzau, Bucharest, Ploiesti and Iasi, in partnership with City Grill Group.
Hünnebeck Romania, one of the leading local suppliers of casing and scaffolding systems, expects a significant business growth on the infrastructure segment, considering that in 2021 almost 40% of its projects targeted this category, up 10% on the year.
Coca-Cola has invested over EUR380 million in its Romanian operations over the last 30 years and the projects aimed at reducing energy consumption exceeded EUR11 million in 2020.
Electrica (EL.RO)'s management notified the Bucharest Stock Exchange that the mandate agreement as chief market officer of Catalina Popa had ended on December 11.E
Dacia Mioveni şi Ford Craiova, the two car plants in Romania, manufactured 379,952 vehicles in the first eleven months of 2021, fewer by 6.11% than 404.699 units in the same period of 2020, data from the country's carmakers association ACAROM showed Monday.
Law firm RTPR assisted Grup Serban Holding with the private placement of shares through which it raised RON12.7 million from investors on the stock exchange, as well as with the admission to trading on the AeRO market of the Bucharest Stock Exchange, which is to take place early next year.
Natural gas supplier and distributor Premier Energy, held by Czech investment fund Emma Capital, plans to acquire Brasov-based Ecoenergia, a producer of electric power from wind sources, and Alive Capital, a supplier of electricity and integrated services for the energy market, per data from the country’s Competition Council.
The total trading value on the Regulated Market of the Bucharest Stock Exchange (BVB) grew by 21.6% in the first eleven months to RON17.4 billion (EUR3.5 billion), while the average daily trading value is up by 20.5% to RON75 million (EUR15.2 million), per stock market data.
Intesa Sanpaolo Bank, the local subsidiary of Italian Intesa Sanpaolo Group, has granted over 1,400 financings for 1,056 Romanian companies which benefited from the guarantees provided under the programs IMM Invest and Agro IMM Invest.
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) ended the first nine months of 2021 with a turnover of RON14 million, half the level of RON27 million reported in the same period in 2020, and total loss of RON1.3 million, per its stock market report.
The average net salary in Romania increased by 0.8% in nominal terms in October 2021 compared with September 2021, to 3,544 lei (EUR716), data from the country's statistics board showed Monday.
Romania's annual inflation rate moderated slightly to 7.8% in November 2021 after climbing to 7.9% in October 2021, data from the country's statistics board showed Monday.
The Romanian insurance market ended the first nine months of 2021 with gross written premiums of RON9.8 billion, up 15% compared with the same period in 2020, according to the data presented by Cristian Rosu, vice president of the Financial Supervisory Authority (ASF) for the insurance sector.
The 5 to go café chain has reached almost 300 shops nationwide after 90 new ones opened in 2021, with another 16 due to open soon.
Flights to and from Romania generated EUR122 million revenue for Hungary’s Wizz Air group between April and September this year, according to a corporate financial report.
Bitdefender, one of the first private software companies established in Romania after the fall of communism, as well as one of the largest local software businesses and a key player in the global market for cyber security solutions, has hired investment banks JPMorgan and Morgan Stanley to manage the floatation project in the United States.
Continental Romania, the largest automotive component manufacturer in the country, is investing EUR8 million in a new building in Iasi, which includes the engineering center, test laboratories and an aboveground car park.
ABN Systems International, an integrator and distributor of electronic equipment and telecommunications accessories, will launch the first IPO of a technology company on the Bucharest Stock Exchange on December 15 for the sale of 7.73 million shares, representing a 30% free float.19015 items