Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, October 7, the ministry announced on Friday (Oct 4).
Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
Encorsa, the Romanian digital transformation services integrator, has concluded a partnership with certSIGN, a provider of eIDAS-compliant trusted services and legally valid electronic archiving solutions, which enables companies to improve their document-signing processes by integrating electronic signatures into internal applications.
Romania's Competition Council approved the transaction whereby Baxi S.p.A intends to acquire G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. Industrial Asia Holding, SDN. BHD and Gimek ZRT.
Petru pastry shop chain currently operates 70 units in ten counties of Romania, but the company plans to expand further, both on its own and in a franchise system, so that the network should go beyond the 100-unit threshold in three-five years.
Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia, the real estate platform launched by OLX, show, with the biggest increases being registered in Sibiu and the smallest ones in Constanta.
Romania M&A Market in the first nine months of 2024 registered 198 deals, up 8.2%, with the estimated value rising by 22% to $5.2 million, mainly supported by Energy and Utilities activity, reveals an EY Romania analysis.
Wrought iron maker Trutzi of Suceava, controlled by entrepreneur Ciprian Nutu, in 2023 generated turnover worth around RON403.8 million (EUR81.6 million), down 5% from 2022, in line with ZF calculations based on Finance Ministry data.
Moldoglass, a company operating on the glass processing market, managed by entrepreneur Valentin Sumanaru, for 2023 reported turnover worth RON48.2 million (EUR9.7 million), slightly down, by 1.5% from 2022, in line with ZF calculations based on Finance Ministry data.
Regina Maria Dental Clinics will open another three new stomatology clinics in late 2024 and early 2025 as the number of unique patients has doubled in the past year, explained Ionut Leahu, the company’s CEO.