Romania's Finance Ministry raised RON990 million from banks on Monday (Oct 21, 2024) selling benchmark bonds, above the planned amount of RON500 million, at an annual average yield of 6.54%.
Speedwell Development, one of the most active real estate developers in Romania, announces the appointment of Andreea Comsa to the position of Commercial Director.
Nestlé Romania reported solid organic growth of 5.7% for the first nine months of 2024, which reflects the team’s commitment to delivering high-quality products and meeting the evolving needs of our consumers, stated Silvia Sticlea, Country Manager at Nestlé Romania, told an interview.
Dr. Max, a major player on Romania’s pharma market, has signed a leasing contract for 11,800 square meters in ELI Park Iasi, a project part of the portfolio of ELI Parks, one of the most dynamic developers on Romania’s logistics and industrial market.
Banks in Romania granted households and companies loans totally worth almost RON114 billion in January-August period, 28% more than in the same period of 2023, in line with data provided by the Romanian Banking Association (ARB).
AROBS Polska and AROBS Engineering, both part of AROBS group, the biggest tech company listed on the Bucharest Stock Exchange, have launched the “Close Proximity Operations Control Unit Development and Qualification” (CRIMSON) project, approved in 2024 and funded by the European Space Agency (ESA).
Real estate developer One United Properties has reported EUR190.6 million residential sales and pre-sales for the first nine months of 2024.
Electricity and electrical equipment producer Electromagnetica, has announced it wants to sell, via public auction, the entire the activity of production of electric vehicle charging stations, consisting of the entire activity of design, manufacture, operation and service related to the production of electric vehicle charging stations, technical documentation, materials, components and subassemblies, manufacture of charging stations, charging stations, ELMotion platform, at the minimum starting price of RON7 million, plus VAT.
Greek investment fund Bluehouse Capital, active on the market of Central and Southeastern Europe, has sold the space of former Eva store on Magheru boulevard, currently leased by Mega Image, to a local investor, in a deal valued at around EUR8 million.
Barleta plant of Bacau, where paper bags are manufactured for major supermarket chains, fast-food networks or bakery producers, has boosted production capacity by 15% in the wake of operated investments, according to officials.