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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).
The Romanian real estate investment market ended the first three quarters of 2024 with deals worth almost EUR650 million, around three times more than in the year-earlier period, registering the biggest deal activity growth in the region, in line with Colliers data.
Techbolide, a developer of software solutions and IoT technologies, is relocating its central headquarters to office compound Business Garden Bucharest part of the portfolio of Swedish developer Vastint.
INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic area, has signed an agreement for stock acquisition in Pehart Grup, one of southeastern Europe’s largest paper producers.
IPEC (Întreprinderea de Portelan Elena Covaciu), the company that manufactures ceramic products for household and ornamental use and is one of IKEA's main suppliers on the local market, expects to end the current year with turnover worth around RON137.5 million (EUR27.6 million), down from 2023, when it raked in RON143.4 million (EUR29 million).
Fitness center network Stay Fit Gym continues investments and accelerated growth and wants to reach around 70 units countrywide by end-2025, against almost 50 units at the end of this year, explained Alexandru Lascar, co-founder of Stay Fit Gym.
MedLife group, the largest private healthcare player by turnover in Romania, aims to expand further, either via acquisitions, or by opening new clinics, particularly in cities where it does not have a strong foothold.
Steel mill ArcelorMittal Hunedoara (stock symbol: SIDG) is temporarily scaling down its business operations during December 9 - 31, 2024 period amid economic difficulties caused by a lack of orders, the company announced in a report sent to the Bucharest Stock Exchange.
Romanian shipbuilder Santierul Naval Severnav (stock symbol: SEVE) based in Drobeta Turnu-Severin, has announced in a stock market report on Monday (Dec. 9) the conclusion of a contract worth EUR4.5 million for the construction of a ship hull.
Rainwater and Roofing Systems Producer Raiko Transilvania (stock symbol: RKOT) has announced in a stock market report on Dec. 9 that it has entered insolvency proceedings following a ruling issued by the Specialized Court in Cluj.
Over 250,000 Romanians from diaspora are coming to Romania during the month of December for the winter holidays and many of them are set to undergo various dental treatments considering that prices are up to 80% more affordable than in the West, as per data from LIFE Dental Spa and VIVO Dental, dental clinic chains specialized in high-precision laser dental treatments, part of the LIFE Group medical services network.
Digi Romania S.A., as borrower, together with Digi Communications and Digi Spain Telecom S.L.U., as original guarantors, have entered into two financing agreements, the company has announced in a stock market report released on Dec.9.
The Electrica Group has been the victim of a cyberattack on Monday (Dec. 9), the company has announced in a stock market report.
Romania's Finance Ministry raised roughly RON2 billion from banks on Monday (Dec 9.), selling government paper in two auctions, at annual average yields of 6.87% and 6.68%, respectively.19990 items