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Romania imported 65 million liters of beer in 2020, 30% more than in 2019. Exports rose by 8% to 53 million liters.
Bucharest Stock Exchange (BVB.RO) notified investors on Thursday that following the quarterly Index Committee meeting on September 9, 2021, a decision was made to modify the structure of the main index, BET and of the dividend index BET-TR by including Transport Trade Services (TTS.RO) and One United Properties (ONE.RO).
Airline Blue Air on Thursday received the fourth Boeing 737-8 MAX aircraft of its fleet, after welcoming the third Boeing 737-8 MAX aircraft a week ago.
Romania's finance ministry on Thursday raised 500 million lei (EUR101 million), higher by RON200 million than its target, selling bonds maturing in November 2024 at an average yield of 3.34%, central bank data showed.
Dutch investor I3CP wants to continue talks to buy insurer City Insurance, says its representative Matt Fairfield, even though Romania’s financial regulator ASF announced it had not provided the necessary capital to meet minimum requirements by 12 p.m. on September 6.
Romania manufactured 286,038 vehicles in the first eight months of 2021, data from the country's carmakers association ACAROM showed Thursday.
Co-working space V7 Studio, opened by entrepreneurs Andrei Cretu and Iulian Carciumaru, back in October 2018, in capital Bucharest, was acquired by two former residents and relocated to a building near Bucharest’s Piata Romana Square.
Agricultural company Agroland Agribusiness (AAB.RO), part of Agroland Group, listed its first bond issue, worth RON10 million, on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange, under the ticker symbol AAB26, on Thursday (Sept 9).
Romanian coffee shop chain 5 to Go is acquiring local coffee shop chain Take Five Coffee based in south-eastern city of Constanta.
Green Group, a group of firms active in the recycling sector and majority owned by investment fund Abris Capital Partners, has announced an investment of EUR12 million to install a production line for r-PET (Recyclable Polyethylene Terephthalate) granules in Slovakia, with a capacity of 8,000 tons per year.
In Romania, the online food trade accounts for just 1% of the overall fast-moving consumer goods (FMCG) market, per the latest data from Ziarul Financiar (ZF), but online FMCG sales grow fast along with Romanians’ appetite for this type of retail.
Romanian video game developer Amber reported turnover worth RON50 million in the first six months of 2021, up 45% against the year-earlier period, and expects revenues to grow 36% to RON117 million by the end of 2021.
Tyre distributor Dinamic 92 Distribution, controlled by Tofan family of Piatra Neamt, for 2020 reported turnover worth RON286.5 million (EUR59.5 million), slightly higher on the year, and net profit of above RON11.4 million (EUR2.4 million), up 32% against 2019, according with ZF calculations based on Finance Ministry data.
Romania's trade balance posted a deficit of EUR12.8 billion in January-July 2021, higher by EUR2.8 billion compared with the first seven months of 2020, data from the country's statistics board showed Thursday.
Ramada by Wyndham Targu Jiu hotel, the first four-star hotel under an international brand in Gorj county, opened on September 1. Prices per overnight accommodation start from RON329, in line with booking.com.
Somes Aries agricultural cooperative, made up of over 80 farmers of Bistrita, Salaj, Cluj, Mures and Alba counties, with turnover of above EUR10 million in 2020, is in talks to take over the cheese plant of Taga (Cluj County), from FrieslandCampina, the producer of Napolact brand.
Romanians last year bought 4.1 billion litres of soft drinks for which they paid RON11 billion, with the market shrinking during the course of the pandemic both in terms of volume (by 1.7%) and value (8.8%), in line with data provided by Euromonitor market research firm.
The Bucharest Stock Exchange will expand the maximum number of companies included in the BET-XT, BET-XT-TR and BET-BK from 25 to 30, with the periodic adjustment of September 2021.
The shareholders of Banca Transilvania (TLV.RO), the largest lender in Romania, on Wednesday approved distribution of dividends using RON425.75 million from the 2020 profit and RON74.25 million from the net profit reserves of 2019, RON500 million in all, a report to the Bucharest Stock Exchange shows.
The Bucharest Stock Exchange (BVB) said Wednesday that the first bond issue of canned foods manufacturer Prefera Foods, in the amount of EUR5 million, will start trading on BVB’s Multilateral Trading System, under the ticker symbol PRF26E, on Friday, September 10, 2021.19702 items