Romania’s Competition Council is looking into the transaction whereby lender Banca Transilvania had signed an agreement with Tiriac Group in January 2022 to acquire Tiriac Leasing.
The Bucharest Stock Exchange on Monday said it would start trading the 2B Intelligent Soft shares on the AeRO market, the equity segment of the Multilateral Trading System, on Wednesday (March 16).
Omniasig, the biggest company Austria’s Vienna Insurance Group (VIG) owns in Romania, on Monday said it ended 2021 with a volume of underwritten gross premiums of over RON1.6 billion, higher by 15% than in 2020, in line with data from company representatives.
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said in a stock market report on Monday that it is forced to enter a major restructuring program in an attempt to cope with the soaring energy prices, considering that it is one of the biggest natural gas consumers.
Law firm PeliPartners has assisted Anchor Grup, the owner of shopping centers Bucuresti Mall and Plaza Romania, in contracting a loan of EUR80 million from lender Banca Transilvania, necessary to fund Anchor Grup’s retail and office operations in Romania.
Transilvania Investments, which has been listed on the Bucharest Stock Exchange for over 20 years, on Monday (March 14) had its first trading session under the new symbol, TRANSI, following a rebrand by the company.
Turkey-based Ford Otosan, the largest commercial vehicle manufacturer in Europe, will take ownership of U.S. Ford’s assembly plant and production activity in Craiova, southern Romania, a process conditioned by approvals from the relevant authorities.
Alliance Healthcare, formerly known as Farmexpert, the third largest medicine distributor on the local market, saw its turnover growing by 8-10% in 2021 compared with 2020, exceeding the RON4 billion threshold, in line with the company’s data.
Romania's trade balance posted a deficit of EUR2.12 billion in January 2022, higher by EUR944.9 million compared with January 2021, data from the country's statistics board INS showed Monday.
Romania's annual inflation rate climbed to 8.53% in February 2022 compared to February 2021, data from the country's statistics board showed Monday.
Eversted in 2021 saw its turnover top EUR4 million, double the 2020 level.