Real estate developer IMPACT Developer & Contractor (IMP.RO) has raised over EUR1 million in the first 72 hours of issuing a bond offer ongoing until February 23, 2024.
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same period of 2022, in line with data released by the National Institute of Statistics (INS).
The mandatory private pension funds in Romania (Pillar II) in 2023 increased by nearly 3% their ownership stake in OMV Petrom (SNP.RO), the sole oil and gas producer in Romania and the largest integrated energy company in Southeast Europe, reaching a holding of 14.2% (8.8 billion shares), in line with calculations by Ziarul Financiar (ZF) daily based on data provided by web platform DesprePensiiPrivate.ro.
The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage points (pp) for each of the two years compared to the predictions in its November 15 Autumn Forecast.