Romania's finance ministry on Thursday raised RON2.2 billion (EUR0.44 billion) selling bonds maturing in August 2021 and November 2024, at average yields of 1.42% and 2.49%, respectively.
Real Estate developer One United Properties, one of the leading players on the Romanian real estate market, has concluded a pre-contract for the acquisition of a plot of land of 25,350 square meters, located on Soseaua Fabrica de Glucoza in Bucharest, and a part of the access road, within a transaction worth a total EUR20.64 million.
Romania's foreign exchange reserves declined to EUR36.831 billion at the end of June from EUR37.570 billion at the end of May, central bank data showed Thursday.
Erste Group, the majority shareholder of Romanian lender BCR, said Thursday it was merging its IT companies to create Erste Digital, one of the largest IT services companies in Austria and the Central and Eastern European region.
Rompetrol Rafinare (RRC.RO), part of KMG International and 44.7% owned by the Romanian state, seeks to reduce its share capital by as much as RON3 billion from the current share capital of RON4.4 billion to balance its book value to its nominal value.
MaxBet Romania, the leading gambling operator on the Romanian market with annual sales of over EUR100 million, has been acquired by private equity firm Novalpina Capital.
Romania manufactured 191,658 vehicles in the first five months of 2021, up 25% on the year, data from the country's carmakers association ACAROM showed Thursday.
Shares of Simtel Team (SMTL.RO), a Romanian engineering and technology company, started trading Thursday on the AeRO market of the Bucharest Stock Exchange.
Special steel producer COS Targoviste (COS.RO) has entered bankruptcy after the local court overruled its reorganization plan proposed by creditor Alphard Financial.
DP World, one of the leading port terminal operators in the world, plans to invest more than EUR50 million in Romania over the next two years, said Cosmin Carstea, CEO of DP World Constanta & DP World Logistics Romania, part of the DP World group.
Romania's seasonally adjusted unemployment rate inched down to 5.5% in May from 5.7% in April, data from the country's statistics board showed Thursday.
The restaurant, cafe and bar market reached RON13.2 billion at the end of 2020, 30% lower than in 2019. These are the first official data about the impact of the pandemic on the bar and restaurant market, one of the worst hit in both Romania and abroad.
Construction materials producer TeraPlast (TRP.RO) is investing EUR12 million in the production of packaging.
Danone Romania, the leader of the Romanian yogurt market, ended 2020 with a turnover of RON633 million (nearly EUR130 million), up little over 3% versus 2019, despite the challenges triggered by the COVID-19 pandemic, among which the closing of the hospitality industry, one of the company’s sales channels.
Anne-Marie Mancas has been appointed to the position of Chief Executive Officer and Executive Board Chairwoman of Generali Pensii.
Funcom, the main video games developer in Norway, is going to internalize the process of ensuring the quality of its games along with the opening of a studio in Bucharest, which will manage the QA (quality assurance) area of the company’s products.
Romania’s beer market is seen touching a new record high, of RON4.6 billion, in 2021, per an analysis by KeysFin.
Revenues generated by companies in the local IT industry topped RON33 billion in 2020, up 2.5% compared with 2019, an analysis by Termene.ro showed.
Alser Forest, a company operating in the forestry sector in Romania since 2008, listed its EUR1.5 million corporate bonds on the Bucharest Stock Exchange Wednesday under the ticker symbol ALS24E.
Six in ten Romanian urbanites say that the pandemic influenced or changed their opinion on living at the countryside and 62% could imagine moving to the countryside in the next one or two years, according to the Digitizing Europe Pulse survey.