Found 19029 news
Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between March 7 and 14, 2025.
Monsson, one of the largest developers of wind and solar projects in Romania, is to build a factory that makes and assembles components for the renewable energy industry near the former Petrila Mine this year.
Romania's Finance Ministry raised RON500 million from banks on Thursday (Feb.27), selling government paper due in 2035 at annual average yields of 7.33%.
Romania’s general consolidated budget posted a deficit of RON11 billion in January 2025, or 0.58% of the gross domestic product (GDP), compared with a deficit of RON7.89 billion, or 0.45% of GDP, reported in January 2024, Finance Ministry data show on Thursday (Feb. 27).
Garanti BBVA granted a EUR7.5 million loan to Dej-based MG Tec Industry SRL, the leading Romanian producer of tissue paper.
iBanFirst’s Bucharest office last year processed a volume of EUR1.4 billion in international payments, thus marking a 72% revenue increase.
Romanian electronic device maker Visual Fan, which owns Allview brand, for 2024 reported RON131 million consolidated turnover, RON2 million lower than in the previous year, but net profit climbed to RON11 million from RON6.6 million.
The Bucharest Stock Exchange (BVB), the operator of Romania capital market, for 2024 reported RON77 million consolidated operating revenues, down 7% from the previous year, and RON10.65 million net profit, 60% lower.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of RON1.4 billion for 2024, 7% lower than in 2023, and net profit of RON381 million, down 15% year-on-year.
Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the European Bank for Reconstruction and Development (EBRD) in its latest report.
Romanian fashion brand Ami Amalia, founded by entrepreneur Amalia Saftoiu, is seeking an investor to aid it step up direct development of the business in Europe.
Santierul Naval Orsova (SNO.RO) shipyard ended 2024 with ROIN5.94 million net profit, an increase of 71.9% on 2023, while revenue stood at RON99.8%, 0.3% higher.
Engineering and technology company Simtel, a national leader in renewable energy, on Wednesday notified the capital market of having chosen Raiffeisen Bank as intermediary for a potential corporate bond issuance.
IT infrastructure and security integrator Arctic Stream (stock symbol: AST) had a net profit of RON8.83 million in 2024 (EUR1.78 million) and revenue of RON139.76 million (EUR27.97 million).
CEC Bank has received approval from the European Commission to increase its capital, while Exim Banca Romaneasca is still waiting for it, financial market sources say.
Building materials producer TeraPlast Bistrita (stock symbol: TRP) recorded loss of RON19.6 million in 2024 compared with net profit of RON1.1 million reported in 2023, mostly due to higher interest costs and amortized costs following the implementation of investments in new manufacturing units, as per the company's preliminary financial report.
Hidroelectrica (stock symbol: H2O), the largest energy producer in Romania and the most valuable company in the portfolio of the Romanian State, targets investment projects worth over EUR500 million in 2025, the company's CEO, Karoly Borbely, said at the ZF Power Summit 2025 on Feb. 26.
Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, posted RON107.1 million preliminary revenue in 2024, an increase of 8% on 2023.
A total 7,274 new insolvency proceedings were opened in Romania in 2024, 9.38% more than a total 6,650 reported in 2023, as per the latest study conducted by Coface Romania.
Law firm bpv Grigorescu Stefanica advised Romanian retail media company FOOTPRINTS AI (www.footprints-ai.com) on its latest EUR2.3 million investment round led by Catalyst Romania Fund II, with participation from Seedblink retail investors.19029 items