Romania's total external debt (public and private) increased by EUR14.1 billion in January-August 2024 versus December 31, 2023, up to EUR182.5 billion, central bank also showed on October 14, 2024.
Pharmaceutical producer Zentiva (SCD.RO) on Monday announced the Czech Zentiva Group, its majority shareholder, had come to own more than 96% in it as a result of the tender offer conducted between September 25 and October 8.
After being acquired by eMAG in fall 2019, the local fast delivery platform Tazz has amassed net losses of RON324 million between 2020 and 2023, in line with publicly available data.
Romania’s industrial production decreased by 4.3% in unadjusted data in August 2024 versus August 2023 and by 2% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Monday (Oct 14, 2024).
Reff & Asociatii and Deloitte Romania assisted BLIK Romania, the local company set up by Polish provider of payment solutions Polski Standard Platnosci Sp. z o.o., which operates in Poland under BLIK brand, in the authorization of BLIK Romania payment system by Romania’s central bank.
Law firm Filip & Company assisted Romania Finance Ministry, together with law firm Anderson Mori & Tomotsune, in its first issue of Samurai green bonds on Japan’s capital market, totally worth 33 billion Japanese yen.
The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the current conditions one, in line with the latest survey conducted by CFA Romania Association.
Deichmann, Europe’s main footwear retailer, has sealed a leasing contract for 20,000 square meters of industrial spaces in ELI Park Bucuresti, a project part of the portfolio of ELI Parks, a major developer of logistics and industrial spaces in Romania.
Tazz, the local fast delivery platform part of eMAG group, will be acquired by Wolt, a Finnish platform with operations in 28 countries.
Carmistin Group, one of the largest players on the food market, has recently undergone a rebranding process amid business expansion, becoming Carmistin, The Food Company.
Thermal-insulating panel producer Topanel of Ramnicu Valcea has invested EUR10 million in the second production line, which will double the plant’s capacity, in a bid to meet industrial sector demand.