Romania's national grid operator Transelectrica (stock symbol: TEL) has announced that the 400 kV Resita (Romania) – Pancevo (Serbia) double-circuit overhead power line (OHL) entered commercial operation.
The weight of companies anticipating a headcount reduction in 2025 rose to 11% in January 2025 from 2% in January 2024, reveals a PwC Romania survey.
Brick producer Cemacon has finalized its merger with Euro Caramida, leader of Romania’s ceramic blocks market, according to the company’s officials.
Anglo-Dutch giant Unilever, a leading player on the consumer goods market, is set to shut down its ice cream plant of Veliko Tarnovo, Bulgaria and move part of production to Romania, in Suceava.
Three supermalls with about 130,000 square meters of gross lettable area each are under construction in Romania, as the developers in this country are betting on the improving purchasing power of consumers.
Apparel manufacturer Secuiana based in Targu Secuiesc (Covasna County), ended 2024 with a turnover of RON51 million (roughly EUR10.3 million), up 10.5% versus 2023, in line with calculations by Ziarul Financiar (ZF) daily based on company data and finance ministry data.
German retailer Kaufland has inaugured on Thursday (Jan. 30) its second store in the town of Bragadiru (Ilfov County), thus reaching a network of 188 hypermarkets in Romania.
OMRO IFN, as part of the Filbo group, alongside Filbo Pay S.A. and Easybill Digital SRL, a Romanian company specialized in micro-crediting services and modern technological payment solutions, is listing on Jan. 30, under the Multilateral Trading System of the Bucharest Stock Exchange (BVB), the third issue of corporate unsecured subordinated bonds amounting EUR1.56 million and maturing in 2029.
Romania's Finance Ministry raised RON1.97 billion from banks on Thursday (Jan. 30), selling government paper in two auctions, at annual average yields of 6.98% and 7.45%, respectively.