The shareholders of real estate developer NUSCO at the beginning of this month approved the first project to raise funding via the capital market in Romania and the start of the relationship with the local investment public.
Romania's finance ministry on Monday (Nov 18) rejected all bids for government bonds maturing in May 2027, as it deemed the bid price unacceptable, central bank data showed.
Wallberg Properties, the real estate developer controlled by entrepreneur Valentin Morar, has obtained EUR5.9 million financing from lender Banca Transilvania for the construction of the fourth housing building part of XCity Towers, the over 1,000-apartment compound located in the northern part of the city of Timisoara.
71% of managers in Romania are moderately or highly concerned about Romania's economy in the coming period, as per the latest CONFIDEX study about the confidence of the business environment in the local economy, carried by Impetum Group.
Zexe Braserie, the business launched a decade ago by Ana Consulea, one of Bucharest’s best-known confectioners, has become Zelateria, after a rebranding process initiated last year.
Dental and maxillofacial imaging chain DigiRay, founded by doctor Cristian Pop in Zalau in 2011 and taken over by investment fund Black Sea Fund in 2020, has acquired Maraffka clinics of Ploiesti, thus entering the market of this city with three units.
Danube freight carrier TTS reported RON387.2 million revenues for the first nine months of 2024, down 43% from the year-earlier period.
Tech company 2Performant Network, the biggest player on Romania’s affiliate marketing, posted RON34.6 million turnover in the first three quarters of 2024, up 7.3% from the year-earlier period.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit contracted for Neptun Deep, arrived in Constanta.
Real estate developer One United Properties has contracted a loan facility from Erste Group Bank AG and BCR to finance One Technology District project, a building entirely leased by IT company Infineon Technologies for a 15-year term starting from its delivery.
Sipex, a building materials supplier listed on the AeRO market of BVB, in the first nine months of 2024 posted RON252 million turnover, up 7%, and RON1.44 million net profit, 52% lower, mainly on the new minimum turnover tax amounting to RON2.56 million.
Cigarette wholesaler Punctual Comimpex for 2023 reported turnover worth RON1.063 billion (EUR215 million), up 16.4% from 2022, in line with ZF calculations based on Finance Ministry data.