The largest Romanian owner of office space, Liviu Tudor, is consolidating his position in the west of Bucharest after buying the former mattress plant Victoria site from businessman Dragos Bilteanu, real estate market sources say.
Romania's finance ministry on Monday raised 508.8 million lei (EUR104.2 million), slightly above the RON500 million level planned, selling bonds maturing in October 2034, at an average yield of 3.27%, central bank data showed.
Capital city of Bucharest registered 15,251 jobless people (of whom 8,167 women) at the end of December 2020, taking the unemployment rate to 1.28%, lower by 0.78% compared with November, according to data from the Bucharest Municipal Employment Agency.
An initial public offering of a minority stake in Romanian state-owned hydropower producer Hidroelectrica could take place towards the end of 2021 in the best case scenario, company CEO Bogdan Badea said Monday.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, fell to 1.58% a year on Monday (Jan 25), the lowest level since September 29, 2017, per central bank’s aggregate data.
Vodafone announced Monday an investment of €20 million by the Vodafone Foundation to expand digital skills and education programs by funding local initiatives in Albania, Czech Republic, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Portugal, Romania, Spain, Turkey, a
Agricover Holding, an agribusiness held by Jabbar Kanani, has received shareholders’ approval to issue 800 bonds with a nominal value either of EUR50,000 or of RON250,000, depending on the denomination decided on by the company’s Board of Directors.
Cluj-based importer and distributor of electronic products and accessories Vitacom Electronics registered a turnover of RON50 million in 2020 Vitacom Electronics, a quarter of which from online sales, and estimates 10% growth for 2021.
French retail group Carrefour, the second largest player on the Romanian market by turnover, has appointed Alina Gamauf as human resources manager.
NEPI Rockcastle, the biggest mall owner in Romania, has started work on expanding the Promenada mall and on the office building to be integrated into the shopping center in the north of Bucharest. NEPI had been previously granted the permit to start work on the basement of the project in 2019.
Alina Marulis, a Bucharest entrepreneur with 16 years of construction experience, is investing EUR10 million in a boutique project consisting of 12 villas located in the Baneasa forest area in northern Bucharest.