For Romania, 2023 was marked by foreign investor interest and Romanian startups managed to set an upward trend, reveals the report “Venture in Eastern Europe” that tracks investments in startups in 19 East-European countries.
Paralela 45 ended 2023 with a sales volume of almost EUR60 million, a level similar with that of 2019, a benchmark year for tourism, when the company’s turnover reached EUR62 million.
The shares of Romanian building materials producer COMCM Constanta (CMCM.RO) have gained 621% so far in 2024, which translates into a a more than seven-fold jump in value, triggering a market capitalization of RON300 million, in line with data aggregated by Ziarul Financiar (ZF) daily.
Romania's Competition Council is assessing the transaction through which Cyprus-based energy holding company Premier Energy PLC intends to take over electricity supplier CEZ Vanzare.
The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and hotels, across Poland, Czech Republic, Hungary, Slovakia, and Romania, amounted to just EUR5.1 billion in 2023, the lowest annual amount of the last decade, but 2024 outlook shows renewed optimism, as per a report drafted by iO Partners in collaboration with JLL.
Alternative investment fund Evergent Investments (EVER.RO) has announced in a stock market report on Tuesday (Feb 13) that it decided to continue the investments in listed stocks through credit facilities obtained from Banca Comerciala Romana.