Found 19029 news
Private medical service provider MedLife (M.RO) on Tuesday announced its shareholders had authorized the board of directors to negotiate with the bank syndicate the increase of the syndicated loan taken out in December 2022 by up to EUR50 million to a total of EUR318.3 million, MedLife said in a report to the Bucharest Stock Exchange.
Ensana Health Spa Hotels (formerly Danubius) Group, which owns three hotels in the spa town of Sovata, ended last year with some RON85 million revenue compared with RON76.9 million in 2023, its officials said.
Turism, Hoteluri, Restaurante (THR) Marea Neagra (EFO.RO) held by Transilvania investments Alliance, on Tuesday notified the Bucharest Stock Exchange it had sold the Balada hotel complex in Saturn, Constanta County for EUR6.1 million to Energo Util S.A. in a public tender.
OMV Petrom (stock symbol: SNP) has announced in a stock market report that the Executive Board’s proposal for distribution of dividends for the financial year 2024, the same as the one announced on Feb. 4, 2025, namely a gross dividend of RON0.0444/share, was approved by the Supervisory Board on March 18, 2025 and will be put to a shareholder vote at the Ordinary General Meeting due on April 24/25, 2025.
Agroland Business System (AG.RO), a Romanian entrepreneurial retail, agriculture and food group, which owns the largest farm supply store chain in the country, is listing a RON7 million bond issue with a 9.75% yearly interest and 10-year maturity on the Bucharest Stock Exchange on March 19.
State-run Nuclearelectrica (SNN.RO), the operator of the nuclear power plant in Cernavoda, has called shareholders for a meeting on April 24, 2025 to approve, among others, the distribution of RON815 million as dividends from the company's 2024 net profit.
The luxury tourism industry is entering a new paradigm, moving beyond the traditional concept of premium comfort towards creating truly meaningful, unique moments.
InterCapital Asset Management (ICAM), the largest independent investment manager in Croatia, with EUR650 million in assets under management, is listing on Tuesday (March 18), at the Bucharest Stock Exchange (BVB), its second ETF (Exchange Traded Fund), tracking Slovenia’s main stock market index.
Romania's Competition Council is analyzing the transaction by which Kronospan Holdings South Limited intends to acquire ZG Timber Sebes S.R.L.
Italian group Zoppas Industries, one of the global leaders specializing in thermal solutions and heating elements for various industries, including home appliances, automotive, and aerospace, has opened an office in the business center within the Iulius Town mixed-use complex located in Romania's western city of Timisoara.
Sipex (stock symbol: SPX), a building materials supplier listed on the AeRO market of BVB, ended 2024 with a turnover of RON332 million, up 6% year-over-year, as per the company's preliminary financial report published at the Bucharest Stock Exchange.
EY’s Strategy and Transactions and Transaction Tax Advisory teams provided Solida Capital with financial and fiscal due diligence services for the acquisition of Victoria Center office building from Manova Partners.
Romania productivity, measured as gross added value per hour worked, rose from 26% of the EU average in 2008 to 44% in 2024, with women having a remarkable contribution to this evolution, reveals an analysis by Alpha Bank Romania.
ELIAN Solutions, part of Bittnet group, registered RON25.4 million turnover in 2024, up 39% from 2023.
Private equity fund Morphosis Capital is accelerating the pace of investments in 2025 as Romania continues to offer multiple opportunities. At the same time, the fund is starting regional expansion.
A local R&D center is likely to be added to car and engine production and EV battery assembly, stated Firat Elhuseyni, Ford Otosan Romania president.
More than 86,000 individuals in Romania had more than EUR100,000 in bank deposits or a total of almost RON92 billion (some EUR18 billion) at the end of 2024, the latest statistics from the Bank Deposit Guarantee Fund (FGDB) show.
Law firm Bulboaca & Asociatii provided legal advice to Eazy Asigurari during a deal whereby Autonom Group, a leasing and rent-a-car business established by brothers Marius and Dan Stefan, bought 20% in the insurer.
Pharmaceutical producer Antibiotice Iasi (ATB.RO), is considering issuing bonds on the Bucharest Stock Exchange to raise cash to develop the business, said Liviu Vatavu, Antibiotice executive director, head of Legal and Corporate Governance.
Romania's Finance Ministry raised RON1.18 billion from banks on Monday (March 17), selling benchmark bonds, at an annual average yield of 7.40%.19029 items