The shareholders of Romanian natural gas producer and supplier Romgaz (SNG.RO) have approved an increase of the company's share capital by RON3.47 billion by issuing 3.47 billion shares, with a nominal value of RON1 per unit.
Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, will end this year with more than RON500 million (EUR100 million) revenue, more than double last year, its officials say.
Romania's Finance Ministry raised RON1.16 billion from banks on Monday (December 18) selling bonds with a nominal value of RON400 million due in April 2031, at an annual average yield of 6.46%.
The year 2023 was a year of consolidation and maturity for Kaufland Romania, when the retailer continued to expand fast, by opening 13 new hypermarkets, says Valer Hancas, communication and corporate affairs director.
Ferma cu Omenie, a dairy producer based in the locality of Unirea (Alba County), plans to open a new store in Cluj-Napoca, in 2024.
BRD has granted EUR16 million financing to corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) for the construction of a solar photovoltaic (PV) park with an installed power of 20.5 MW.
Romania will be able to position itself as a research and innovation hub in the next decade, Murat Buyukerk, CEO of the largest local home appliances manufacturer, Arctic, believes.