Shareholders of Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, approved the distribution of a gross dividend of RON1.05 per share from the non-distributed net profit corresponding to 2023 financial year.
Romania's Finance Ministry raised RON500 million from banks on Monday (Oct 7, 2024) selling benchmark bonds, in line with the planned amount, at an annual average yield of 6.35%.
Selion Global, a global leadership consulting firm specializing in executive search, Board services, leadership advisory and consulting, is entering the Romanian market in partnership with two of the most famous Romanian professionals in the field of executive search and leadership advisory, Filip Nemteanu and Mihai Bajan, who will be running the company's operations as Managing Partners.
Romania's Competition Council has approved the transaction through which Sarmis Holding 4 SarL and Lightspan Management LTD intend to acquire MG TEC Industry SRL.
The total monthly average income in Romania stood at RON8,210 per household, in nominal terms, in Q2/2024, representing RON3,274 per person, 2% more than in Q1/2024 and 18.8% higher than in Q2/2023, data from the country’s statistics board INS showed on Monday (Oct 7).