The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari, on the Multilateral Trading System of the Bucharest Stock Exchange, the AeRO market.
Redport Capital, one of the most dynamic local housing developers, has started works for phase three of The Level Apartments project as it got the building permit.
Medima Health, a player on the medical imaging market set up four years ago, wants to reach 22 clinics by end-2024, after having already opened two units in Deva and Resita.
Russian retailer Svetofor has “quietly” reached 11 stores opened in Romania and RON80 million turnover.
The turnover of carmaker Automobile Dacia climbed by 1% in 2023, to EUR5.259 billion. The company’s net profit was unchanged at EUR107 million, while the number of employees went down from an average of 12,209 in 2022 to 11,457 in 2023.
The gross minimum wage will rise to RON3,700 from 1 July, Prime Minister Marcel Ciolacu announced after Thursday's meeting with the National Tripartite Council for Social Dialogue.
2B Intelligent Soft SA (Bento, Intellectually Curious - BENTO.RO) a Romanian entrepreneurial company that provides software development services and IT infrastructure and Cloud services, posted operating revenue of RON25.6 million in the first quarter of 2024, a 201% increase on the year-ago period.
Romania's annual inflation rate is expected to decline to 4.9% in December 2024, from a previous projection of 4.7%, and to fall only marginally inside the variation band of the target at the end of the projection horizon, i.e. to 3.4% in March 2026, in line with prior forecasts, as per the minutes of the monetary policy meeting of the Board of Directors of Romania's central bank, of May 13, 2024, released on May 23.