Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed its shareholders and investors in a report on Dec. 20, 2024 that Fitch rating agency has revised the company's Outlook to Negative from Stable, while affirming its Long-Term Issuer Default Rating (IDR) at 'BBB-'.
DRI, the EU renewables arm of Ukrainian energy company DTEK, has signed the largest physical solar power purchase agreement (PPA) in Romania with OMV Petrom S.A., the largest integrated energy producer in Southeastern Europe.
Deloitte Romania assisted AQUILA, one of the leaders in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in its expansion on the Hungarian market through the acquisition of KITAX, one of the top five distribution companies in its sector.
The average budget for experiential gifts has reached RON550 in 2024, according to representatives of Complice.ro, the online store providing various packages containing multiple experiences for individuals and companies.
CEC Bank, the third largest bank in Romania by assets, is listing on Friday (Dec.20), on the Regulated Market of the Bucharest Stock Exchange (BVB) a EUR300 million issue of senior non-preferred unsecured bonds, eligible in the light of the MREL requirements.
Hospitality entrepreneurs and travel agencies are calling on Romania government to give up its plan of doing away with holiday vouchers starting next year, as stipulated by an emergency ordinance under discussion, warning such a decision will have an extremely negative impact over tourism businesses.