Found 20531 news
The Bucharest Stock Exchange (BVB), which operates the local capital market, on Friday said the senior non-preferred bonds issued by Banca Comerciala Romana (BCR), worth RON1 billion, will start trading on Bucharest Stock Exchange’s Main Market, under the ticker symbol BCR28, on Monday (May 31).
Romania’s finance ministry has launched a new state aid scheme for investments of over RON500 million, aiming to attract 15 large-scale projects. The maximum budget of the state aid scheme is RON3.75 billion (EUR750 million), of which the annual amount reaches RON750 million (EUR150 million).
Lukoil Romania, the company that operates the retail business and the 320 gas stations of Russia’s Lukoil group in Romania, ended last year with RON5.9 billion (some EUR1.23 billion) revenue, a decline of over 20% from the RON7.6 billion of 2019.
Ursus Breweries, the largest brewer in Romania, expects sales to revert to 2019 levels this year, says sales vice president Gabriela Cretu, once the restrictions have been lifted and the hospitality industry reopens for business, as well as because the events that might take place.
Croissant, biscuit and wafer maker Alka Trading ended 2020 with RON231.5 million (almost EUR50 million) revenue, an increase of about 2% year-on-year, ZF has calculated from the data the company supplied for the latest edition of the “Cei mai mari jucatori din economie” (Key players in the economy) yearbook.
Paval Holding, the financial investment vehicle of brothers Adrian and Dragos Paval – who own DYI retail chain Dedeman, reported a net profit of RON3.3 billion in 2020, according to Confidas.ro data.
Romania's general consolidated budget posted a deficit of RON20.7 billion in January-April, or 1.81% of the gross domestic product, lower compared with RON26.8 billion, or 2.54% of GDP, in the same period last year, when the economy was mostly shut down by the pandemic.
Delta Healthcare, the company that operates the Ponderas private hospital in Bucharest, part of the Regina Maria medical services network, had a turnover of RON184 million in 2020, up 6% on the year, public data showed.
Scandinavian furniture and home décor retailer JYSK has opened a new store in Bacau, eastern Romania, its second in the city and 99th in Romania.
French DIY retailer Leroy Merlin is planning to renovate and modernize its store in the Colosseum shopping center in Bucharest, the first store it opened in Romania ten year ago.
The European Commission has approved an investment of EUR216 million from the Cohesion Fund to modernize the thermal energy transmission system of Bucharest, the capital of Romania.
Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in October 2027, central bank data showed.
The Kazakh-Romanian Energy Investment Fund has launched the construction of a cogeneration plant on the Petromidia platform, an investment amounting to around $148 million, it said in a press release Thursday.
SeedBlink, a local crowdfunding platform for Romanian IT start-ups, has raised EUR3 million in a Series A financing round on its own platform, of which EUR1.1 million raised from crowd-investing, double its target.
Online sales of fish and seafood brand Alfredo Seafood, owned by Cristian Darmanescu, totaled EUR100,000 in 2020, boosted by a two-month lockdown period and travel restrictions.
Paval Holding SRL, the investment vehicle owned by Adrian and Dragos Paval who also own DIY retailer Dedeman, has acquired a 2.54% stake in Romanian brick maker Cemacon Cluj (CEON.RO) in a transaction worth RON5.1 million.
The Board of Directors of Agricover Holding, one of the largest players in Romanian agribusiness, has decided to divide the company by transferring its ownership in Abatorul Peris to the beneficiary company CCI Cardinal Equity, a newly established firm, with the same shareholder structure as Agricover Holding.
Raiffeisen Bank's first green bond issue, and the first green bonds in the Romanian banking sector, started trading on the Bucharest Stock Exchange Thursday.
German-owned retailer Kaufland has dropped plans to buy the 10,000-square-meter land in Braila that hosts the current factory of Romanian apparel manufacturer Braiconf Braila (BRCR.RO), which was looking to get EUR7 million out of the deal.
The association of financial companies in Romania (ALB), which represents the financial leasing and consumer lending industries, has re-elected Daniela Bodirca to the position of Chairwoman of the Executive Board and President of ALB Romania for a second term.20531 items