Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press statement on Thursday (Sept 19).
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a new drilling campaign using a state-of-the-art automated drilling rig owned by Foraj Sonde Videle.
Romania's Finance Ministry raised RON599 million from banks on Thursday (Sept 19), selling benchmark bonds, way above the planned amount of RON200 million, at an annual average yield of 6.8%.
Starting September 23, 2024, Romania's National Bank will add to the list of exchange rates the indicative quotations of the Romanian leu against the Hong Kong dollar (HKD), the Israeli shekel (ILS), the Indonesian rupee (IDR), the Philippine peso (PHP), the Icelandic krona (ISK), the Malaysian ringgit (MYR) and the Singapore dollar (SGD).
Pharmaceutical producer Zentiva SA (SCD.RO) on Thursday notified the Bucharest Stock Exchange of the decision of the Financial Supervisory Authority (ASF) to approve the tender offer for its shares started by majority owner (about 96%) Zentiva Group.
The Ilfov Court has appointed INFINEXA Restructuring, a Romanian entrepreneurial company specializing in the restructuring of distressed firms, to act as insolvency administrator for meat processor Angst which has been insolvent since March 2024, in consortium with Prime Insolv Practice SPRL.
NN Group, a Dutch financial services company operating in the local life insurance and private pension markets, and venture capital fund Rubio Impact Ventures launch the NN Social Innovation Startup Awards competition targeting early-stage tech start-ups aiming to create positive impact in society.
Bergenbier S.A., part of Molson Coors Beverage Company group, one of the leading brewers in Romania, has announced changes in its management team: Alexandru Nomicos, who has held the role of Finance Director since 2019, was appointed Director of Mergers, Acquisitions and Partnerships for the EMEA APAC region.
Austrian transport and logistics company Gebrüder Weiss has officially opened the second logistics hub near Bucharest, more specifically in Popesti-Leordeni.
Raiffeisen Bank Romania has completed the selection process for MoonShotX project carried out in partnership with InnovX, via which the bank wants to support companies with turnover of between EUR5 million and EUR50 million (Mid-Corporate) to scale up their business in the region.
Global logistics network NewCold, one of the world’s largest operators of automated cold storage warehouses, has arrived in Romania by acquiring a 9-ha land plot in northern Bucharest from Belgian developer WDP.
New car registrations in Romania rose by 8% in January-August 2024 against the same period of last year, to 106,534 units, while at EU level, new car registrations went up by 1.4% to 7,180,492, ACAROM and ACEA data showed on September 9.