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Bucur SA Bucuresti (stock symbol: BUCV), a company engrossed in selling food products, spirits and coffee, and in property lease, has informed the stock market on August 9 about the signing of a sale and purchase agreement for a building in capital Bucharest.
Raiffeisen Bank Romania, the sixth largest bank in the local market by assets, has informed the capital market in a stock market report about the extension of Zdenek Romanek's mandate as President of the bank's Management Board and CEO, until January 31, 2029.
Alternative investment fund Lion Capital (stock symbol: LION) acquired a package of 83.35 million shares in Grand Hotel Bucharest (RCHI) on July 31, representing 10% of the share capital of the company that manages the former Intercontinental Hotel in capital city Bucharest.
Transilvania Investments Alliance (stock symbol: TRANSI), one of the five financial investment companies at the Bucharest Stock Exchange, with assets worth over RON2 billion, has announced in a stock market report on August 9 that Marius-Adrian Moldovan has officially taken over the role of Executive President along with the approval of the Financial Supervisory Authority (ASF) of Aug 9.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand, in connection with a EUR20 million loan facility granted by a syndicate of banks.
Romania's central bank has revised downwards its inflation forecast to 4% for the end of 2024 from its previous projection of 4.9%, central bank governor Mugur Isarescu said on Friday (August 9) at the "Inflation Report, August 2024" press conference.
Romania Finance Ministry is launching new Tezaur treasury bills starting Monday, August 12.
Romania's national grid company Transelectrica (stock symbol: TEL) has developed together with Teletrans, the IT and telecommunications subsidiary, a pilot application used to forecast the electricity produced by prosumers, an initiative aimed at supporting all market participants.
Romania's Competition Council has approved the transaction through which Romcim SA acquired the company Tehno World SRL.
Romania's trade balance posted a deficit of EUR15 billion in January-June 2024, higher by 13.2% compared to the same period of 2023, data from the country's statistics board INS showed on Friday (August 9).
Bucur SA Bucuresti, a company engrossed in selling food products, spirits and coffee, and in property lease, ended H1/2024 with RON13 million net profit, 887% higher than in the year-earlier period.
AAylex ONE of Buzau, the company behind poultry brand Cocorico, has signed a syndicated loan agreement worth EUR20 million to support operating activities and business development.
IT&C distribution company Mida Soft Business, also a provider of integrated IT&C services, in 2023 registered turnover worth RON192.9 million (EUR38.8 million), up 93% from 2022.
Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward or stagnation trend by quantity, but by value there has been growth as users increasingly choose phones with better specifications, according to the local representative of Chinese company OPPO.
ITGlobers, specializing in technological services and solutions for the implementation and optimization of e-commerce platforms, development of customized software solutions, system integration and development of mobile apps, seeks to hire IT specialists for the newly opened office of Bucharest.
Hungarian builder KESZ Romania has got the building permit for housing compound Corallis, the first Bucharest project, in which it is investing over EUR51 million.
Ursus Breweries, the largest player on Romania’s beer market, owned by Japan’s Asahi group, will invest EUR15 million in a new line at Buzau plant.
Banca Transilvania (stock symbol: TLV), the largest bank in Romania by assets, on Thursday informed the local capital market about the changes in the executive management structure of BT, namely the termination of the mandate of Deputy CEO of Luminita - Delia Runcan, starting with August 7, 2024.
The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by RON1.7 billion in the first six months of 2023, compared to RON1.2 billion for bond funds, in line with calculations by Ziarul Financiar (ZF) daily based on data from the Association of Asset Managers (AAF).
Entek Elektrik Üretimi A.Ş. (Entek), a company based in Türkiye and primarily engaged in the green energy sector, has acquired Romanian companies Eco Sun Niculesti S.R.L and Euromec-Ciocanari S.R.L from Israel's Econergy Group, for EUR32.9 million.19512 items