OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on May 30 that it closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania, with over 400 charging points and growth prospects to approximately 650 by 2026.
PC Garage, the company managing one of the largest online computer and electronics stores in Romania, part of eMAG group, reported net profit of over RON7 million (EUR1.4 million) for 2023, up nearly 68% from RON4.2 million (over EUR844,700) reported in 2022.
Romania's 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, has continued to stagnate over the course of May, staying at 6.04%-6.05% a year, staying put at 6.04% on May 31 too.
If Romania widely adopts generative artificial intelligence, the country's GDP could increase by EUR14-16 billion, or by 5%, in the next ten years, according to the study “The economic opportunity of AI”, commissioned by Google.
Romanian authorities issued 3,578 residential building permits in April 2024, 17.8% more than in March 2024 and 33.7% more than in April 2023, data from the country’s statistics board INS showed on Friday (May 30, 2024).
Impetum Investments, part of the Impetum Group, is carrying out an initiative to finance its investments through a program of corporate bond issue guaranteed with the shares held in the companies included in the company's portfolio, as per data provided by Ziarul Financiar (ZF) daily.
Electronic device maker Visual Fan (ALW.RO), owner of Allview brand, announced a consolidated net profit of RON0.9 million for the first three months of 2024, down 10.5% on the year, and a turnover of RON18.5 million, down 15.6% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on data from the company's quarterly financial report published at the Bucharest Stock Exchange.