Italian cable manufacturer Prysmian will invest EUR10 million in 2002 to expand its plant of Slatina, according to Federico Cianciosi, chief operating officer at Prysmian Romania.
Romania’s Finance Ministry reopened a bond issue due in 2030 and raised RON771 million from banks on Thursday, more than double the scheduled level of RON300 million, at an annual yield of 5.56%.
French group Lagardère Travel Retail wants to reposition the Inmedio network, which currently has 231 stores in Romania, and expand it with new locations, both in malls and shopping arcades and through new formats or channels.
Banca Comerciala Romana (BCR) has released a new bond issue, worth RON600 million, with a maturity of seven years, which will be listed on the Bucharest Stock Exchange.
Clifford Chance Badea law firm is expanding its team by bringing Eleonora Udroiu, a lawyer with nearly 18 years of experience on board, who will oversee competition and energy law projects in the M&A practice led by partner Nadia Badea.
Grup Serban Holding, an entrepreneurial business established by Nicolae Serban, operating in several agricultural fields, announced the successful conclusion, from the very first day, of the private placement for its stock, in the wake of which it raised RON12.7 million from investors.