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Starting from December 11, 2024, DIGI is expanding its commercial operations in Europe and launching fiber-optic broadband internet, as well as mobile voice and data services in Belgium, according to a press statement.
Patria Credit IFN SA, a non-bank financial institution part of Patria Bank Group, has announced on Dec. 11 that it has signed an agreement with the European Investment Fund (EIF), via the InvestEU program, for loan guarantees of RON290 million.
Net investment in Romania's economy increased by 2.6% on the year in the first nine months of 2024, to RON130.953 billion, the country's statistics office INS has announced on Wednesday (Dec. 11), citing provisional data.
Romania's Competition Council is looking into the transactions through which Vodafone Romania S.A. intends to take over Telekom Romania Mobile Communications S.A., and Digi Romania S.A. will acquire certain assets of the same company.
A total of 42,312 housing units were put into use in Romania in January-November 2024, fewer by 7,681 units than in the same period of 2023, data from the country’s statistics board INS showed on Wednesday (Dec. 11).
Romania's annual inflation climbed to 5.1% in November 2024, compared with 4.7% in October 2024, data from the country's statistics board INS showed on Wednesday (Dec. 11).
Apparel producer Braiconf, with a 70-year history, is relaunching its online store in parallel with the expansion of its portfolio, dedicated until now to men, with products for women and the entire family.
Drug producer Zentiva plans new production investments in Romania and wants to bring new products to manufacture in Bucharest, explained Simona Cocos, general manager of Zentiva Romania and the Republic of Moldova.
The Bucharest Stock Exchange (BVB), the operator of the local capital market, is exploring options to create a Stock Exchange in Chisinau, together with the Moldovan state and other partners in the Republic of Moldova.
Romanian entrepreneurial group Agroland Business System, which owns the largest network of farm supply store chain in Romania, is investing in ten new stores and aims to reach 250 units by end-2025.
Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan from the Black Sea Trade and Development Bank (BSTDB).
Sporting goods retailer Intersport, one of the most powerful actors in this market by turnover and number of stores, has appointed Romanian executive Nicolae Mogos to the position of general manager of its local operations.
Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the world's largest operators in the world for quick service restaurant and convenience food brands, returned to profit in 2023, with a net gain of RON2.8 million (EUR570.500), compared with a loss of RON9.9 million (EUR2 million) reported in 2022, as per publicly available data.
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has signed a contract of over EUR10 million targeting geothermal drilling works for the project "New Headquarters for Dr. Professor Dimitrie Gerota Emergency Hospital” in capital city Bucharest, the company has announced in a stock market report on Dec. 10.
Mircea Cotiga, with 16 years of experience in the financial sector and six years as entrepreneur, has taken over the position of Chief Financial Officer (CEO) and member in the Board of Directors of TechVentures Bank (the former Banca Feroviara).
Romania's Competition Council has announced in a press statement on Dec. 10 that it has launched an investigation into possible anti-competitive agreements on the local sporting goods market.
Romania's central bank has announced in a press statement on Dec.10 that its Board of Directors approved on September 30, 2024 the Internal Regulation on the general framework for emergency liquidity assistance.
BCR Seed Starter, the first corporate venture capital (CVC) company established by a bank in Romania, has announced its first investment, of EUR500,000, in FieldOS, an innovative platform in the Field Services Management (FSM)/Computerized Maintenance Management Software (CMMS) vertical.
Private medical clinics chain Regina Maria has announced the relocation of the Policlinica Baneasa clinic to the Baneasa Airport Tower building, following an investment of EUR5 million.
Romania's trade balance posted a deficit of EUR27.21 billion in January-October 2024, higher by EUR3.99 billion (+17.2%) compared to the same period of 2023, data from the country's statistics board INS showed on Tuesday (Dec. 10).18623 items