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Romania’s industrial production decreased by 4.3% in unadjusted data in August 2024 versus August 2023 and by 2% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Monday (Oct 14, 2024).
Reff & Asociatii and Deloitte Romania assisted BLIK Romania, the local company set up by Polish provider of payment solutions Polski Standard Platnosci Sp. z o.o., which operates in Poland under BLIK brand, in the authorization of BLIK Romania payment system by Romania’s central bank.
Law firm Filip & Company assisted Romania Finance Ministry, together with law firm Anderson Mori & Tomotsune, in its first issue of Samurai green bonds on Japan’s capital market, totally worth 33 billion Japanese yen.
The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the current conditions one, in line with the latest survey conducted by CFA Romania Association.
Deichmann, Europe’s main footwear retailer, has sealed a leasing contract for 20,000 square meters of industrial spaces in ELI Park Bucuresti, a project part of the portfolio of ELI Parks, a major developer of logistics and industrial spaces in Romania.
Tazz, the local fast delivery platform part of eMAG group, will be acquired by Wolt, a Finnish platform with operations in 28 countries.
Carmistin Group, one of the largest players on the food market, has recently undergone a rebranding process amid business expansion, becoming Carmistin, The Food Company.
Thermal-insulating panel producer Topanel of Ramnicu Valcea has invested EUR10 million in the second production line, which will double the plant’s capacity, in a bid to meet industrial sector demand.
Agroland Agribusiness (stock symbol: AAB), a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, announced in a stock market report on Oct 11 about the acquisition of a seed and grain conditioning station consisting of cereals silos, together with fertilizers warehouses, fuel storage and others.
Concrete prefab manufacturer Prebet Aiud (stock symbol: PREB) announced in a stock report on Oct 11 a significant change in its shareholding structure following the completion of the subscription offer for the share capital increase of RON17.7 million, with debt-to-equity swap and cash contribution, carried out through Goldring. certain, liquid and exigible debts
Real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on Oct 11 that D Craig Holding SA, a legal entity in close relationship with One United Properties via Dragic Augusta-Valeria – non-executive member of the company's Board of Directors, bought 916,000 ONE shares, at the price of RON0.54 per unit.
Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according to the 2024 European Ecommerce Report commissioned by Ecommerce Europe and EuroCommerce and conducted by the Market Research Center of the University of Applied Sciences in Amsterdam.
Romania's central bank has a new Board of Directors, for a five-year term, led by Chairman and Governor Mugur Isarescu, starting October 11, 2024.
Romanian shipbuilder Santierul Naval Severnav (SEVE.RO) based in Drobeta Turnu-Severin, has announced in a stock market report on Friday (Oct 11) the conclusion of a contract worth EUR3.68 million for the construction of a ship hull.
The average net salary in Romania decreased by 1.6% in nominal terms in August 2024 compared to July 2024, to 5,158 (EUR1,037), data from the country's statistics board INS showed on Friday (Oct 11, 2024).
Romania's annual inflation further declined in September 2024, reaching 4.6%, from 5.1% in August 2024 and 5.4% in July 2024, data from the country's statistics board INS showed on Friday (Oct 11).
Sphere Franchise Group, an entrepreneurial company that operates KFC, Pizza Hut and Taco Bell restaurants in a franchise system, has expanded its brand portfolio by adding Cioccolatitaliani franchise, part of Gioia group.
Romanian investment fund Agista has exited the shareholding structure of Dendrio Solutions (part of Bittnet Group) for EUR3.4 million and reinvested profit generated from this deal in boosting its stake in cybersecurity company Fort.
Romania continues to be a strategic center for Brazil’s Stefanini Group, which provides innovation and digital transformation solutions, owing to its capacity to attract talents and linguistic diversity, said Farlei Kothe, who took over the position of CEO for North America, EMEA and APAC at Stefanini Group.19990 items