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The Bucharest Stock Exchange announced that the first bond issue of BRK Financial Group (BRK.RO), in the amount of RON25 million, would start trading on the Main Market on Tuesday (October 26), under the ticker symbol BRK26.
Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, forecasts 7% higher turnover this year, to EUR20 million, according to the company’s officials.
Troia Premium Construct, a Bucharest-based building company, owned by two Romanian entrepreneurs, registered RON96 million turnover in 2020, 75% higher than in 2019, and profit worth RON7.8 million, up 32%.
Czech sporting goods retailer Sportisimo forecasts two-digit turnover growth in Romania in 2021.
Romania’s courier services market is expected to expand this year as well, with growth seen at around 15%.
Karpaten Turism, one of the biggest players in Romanian tourism field, controlled by Gheorghe Marginean, aims for EUR50 million turnover this year, from the around EUR20 million level reached last year.
Distribution and logistics company Aquila, held by Catalin Vasile and Alin Dociu, plans to launch an initial public offering (IPO) for the sale of 50% of the shares newly issued within a share capital increase.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, returned to growth on Friday (Oct 22) after stagnating over the last two days, and rose to 2.29% a year, per central bank data.
Rosendahl Nextrom, the domestic arm of Rosendahl Nextrom GmbH Austria, part of Austria’s group Knill Gruppe, in 2020 posted turnover worth RON12.7 million (EUR2.6 million), down 64% year-on-year.
Romania’s environmental protection expenditure stood at RON15.7 billion in 2020, or nearly 1.5% of the gross domestic product (GDP), with the bulk of the amount going into waste management, data from the country’s statistics board INS showed Friday.
Romania’s dermocosmetics producer Ivatherm will end this year with turnover worth around RON26 million, after an increase of about 20% from last year.
Romania’s state-owned passenger railway carrier CFR Calatori reached revenues worth RON1.8 billion in 2020, down 14% year-on-year, while losses more than doubled against 2019, to RON354 million.
Romanian tourists’ massive shift toward the domestic hospitality industry amid pandemic restrictions is turning into a rare opportunity to invest in this field, says Dragos Petrescu, founder of City Grill, Romania’s biggest entrepreneurial business in the restaurant field.
The European Bank for Reconstruction and Development (EBRD has invested RON75 million in the RON500 million bond issue of Banca Comerciala Romana (BCR), ZF has found.
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) announced in a stock market report that the company’s shareholders approved at their meeting on Thursday (October 21) a new structure of the Board of Directors effective October 24, 2021.
A 12.9% annual global rate of decarbonization is now required to limit warming to 1.5°C. In 2020 the rate of global decarbonization - the reduction in carbon intensity or energy-related CO2 emissions per dollar of GDP - was 2.5%.
Romania's finance ministry on Thursday raised RON1.16 billion, almost double the targeted amount of RON600 million, selling bonds maturing in June 2026 at an average yield of 4.48%, central bank data showed.
Romania’s largest online retailer eMAG on Thursday launched Freshful by eMAG, a new online hypermarket with fast delivery of fresh products, following a EUR5 million investment in technology, operations and a refrigerated warehouse.
NEPI Residential, the new residential division of NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, obtained the building permit and will start the construction of Vulcan Residence, the first apartment complex in its portfolio, located in Bucharest’s 13 Septembrie area.18957 items