The European Bank for Reconstruction and Development has subscribed PLN140 million (EUR33 million) in a PLN1 billion (EUR235 million) bond issue of Poland’s Żabka Group, which is present in Romania through the froo store brand.
Romania's Competition Council is looking into the transaction by which Metlife, Inc. intends to acquire PineBridge Investments Americas Holdings Limited and, indirectly, Digital Cable Systems S.A. and Akta Telecom S.A.
The Romanian leu has slightly extended gains against the euro by midday Friday (May 9) and the country's central bank set the leu’s reference rate at 5.116 units versus the euro, which is 0.1% higher than Thursday's level of 5.1222 units per euro.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, climbed on Friday May 9, to 7.31%, from 7.25% on Thursday.
Law firm Filip & Company has assisted the banking syndicate that granted a EUR100 million funding to MOOV Leasing, a Romanian operational leasing digital platform.
Green energy producer Hidroelectrica has signed a RON9.04 million contract to install photovoltaic systems on the rooftops of the 20 hydropower plants it owns on Olt river, the company’s first project of this type.
Viarom Construct, owned by businessman Marius Daniel Badina, in 2024 generated net profit of RON8.1 million (EUR1.6 million), triple the 2023 level.
Bacau-based Barleta plant, which manufactures paper bags for major supermarket chains, fast food networks or bakery producers, will bring workforce from India to offset the shortage of labor in production.
Electrica (EL.RO), a major player on the Romanian electricity distribution and supply market, distributed 4,613 GWh of electricity in the first quarter of 2025, an increase of 4.9% compared with the year-ago period.
Cluj-Napoca-based IT service provider MHP Consulting Romania, part of the Porsche Group, posted more than RON285 million (EUR57.3 million) revenue in 2024, up 18.4% from the previous year’s RON240.6 million (EUR48.6 million), according to ZF calculations based on Finance Ministry data.