Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur Siminel Andrei, who retired in the fall of 2024, Libra Bank said in a report to the Bucharest Stock Exchange on Wednesday.
ROCA Industry, the Romanian holding company specialized in the construction material segment and listed on the main market of the Bucharest Stock Exchange, has already invested more than EUR6.5 million in its operations in the Republic of Moldova.
Beko Romania has appointed Marius Mihailescu to the position of Chief Executive Officer (CEO) for Romania, Moldova, Greece, Malta and Cyprus.
Anglo-Dutch giant Unilever, one of the largest players on the consumer goods market, appointed Monica Tamas as General Manager of Unilever Romania and Moldova starting January 2025.
BASF Agricultural Solutions, one of the largest suppliers for the local plant protection product market, has a new country manager for Romania and the Republic of Moldova, Gabor Krasznai.
Premier Energy, one of the largest natural gas suppliers in Romania has successfully finalized the development and construction of a 10 MW photovoltaic power plan close to Cismichioi locality of the Republic of Moldova, at a total cost of around EUR380,000 per MW of capacity.
Fagura, a fintech set up in the Republic of Moldova that has also expanded on Romania’s market, with ambitions to further grow internationally, has completed talks for a EUR1.1 million funding round.
Republic of Moldova’s largest lender Maib ended the first nine months of 2024 with net profit worth MDL 1,095 million, the equivalent of EUR56.9 million, up 10.9% from the year-earlier period.
Romanian coffee shop chain 5 to go, launched on the local market less than a decade ago, has opened its first café in the Republic of Moldova, in the city of Chisinau.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on Sept 26 about the opening of a KFC restaurant in the city of Chisinau, in the Republic of Moldova.