Found 19080 news
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, posted RON212.8 million consolidated revenue in the first nine months of 2023, an increase of 212% on the year-ago period.
Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's western city of Timisoara.
Shipbuilder Santierul Naval Constanta (SNC.RO) notified the Bucharest Stock Exchange on Monday about a notification received from Resource International SA, which bought 1.3 million shares in it for RON2 each on November 16.
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 20), below the planned level of RON600 million, selling bonds due in April 2030, at an annual average yield of 6.98%.
Electrica (EL.RO), an electricity supply, distribution and generation company, plans to build in partnership with Electrocentrale Grup a state-of-the-art combined cycle plant powered by natural gas and integrating the hydrogen component and storage facilities, with a maximum nameplate capacity of 500 MW. The project was devised to be implemented in Fantanele, Mures County.
Accor, a leading global hospitality group, announces the signing of a franchise agreement with local partner Grand Hotel West for the opening of a new Mercure hotel, in Romania's northwestern city of Oradea, in 2026.
Global law firm Dentons has advised CEC Bank on raising over EUR162 million through a tap of its February 2028 senior non-preferred MREL (Minimum Requirement for Own Funds and Eligible Liabilities) Eligible Notes, issued in February 2023.
Fitness center chain World Class is expanding with a new 2, 600-sqm unit within the One Cotroceni Park project in capital Bucharest, developed by One United Properties (ONE.RO), the leading investor and real estate developer of sustainable residential, mixed-use and office projects in Romania.
Prysmian Romania, one of the leading cable manufacturers in the country and in Europe, has appointed Daniela Burca as Chief Operating Officer of the company.
UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity generation company on the Bucharest Stock Exchange in the summer, ZF has found.
The European Bank for Reconstruction and Development (EBRD) is providing an additional EUR15 million in financing to the city of Timisoara to co-finance, alongside the European Union (EU), the city’s urban infrastructure.
The economic situation of companies with German capital in Romania has deteriorated this autumn, and most of them are also pessimistic about the future, according to the results of a survey carried out by the Romanian-German Chamber of Commerce and Industry (AHK Romania) in October 2023
Side Grup, the main wholesaler of cleaning and hygiene products locally, has leased almost 6,000 square meters of logistic spaces and offices in MLP Bucharest West park developed by Polish group MLP in western Bucharest.
Restart Energy One, a major independent electricity supplier, has completed the construction and installation of two photovoltaic power generation systems for Moldova Farming, in a total investment of around EUR300,000.
Nuclear power producer Nuclearelectrica (SNN.RO) has notified shareholders that on November 16, 2023, it bought some EUR45 million of CEC Bank bonds. The annual yield is 7.75%, it said in a report to the Bucharest Stock Exchange.
IKEA Romania, one of the largest furniture and home decor retailers in the market, posted 14.1% growth in sales to more than RON1.2 billion in the fiscal 2023, after having sold more than 22 million products through all its stores.
ProCredit Bank Romania has lent EUR3.15 million to nextE group for the construction of a photovoltaic station with an installed power of 7.4 MWp in Bistrita Nasaud county.
The passenger car output of Romania’s two car plants, Dacia and Ford, went up by 14.48% in October year-on-year, to a total of 49,230 units, in line with data provided by the country’s carmakers association ACAROM.
Estonian-held Bolt, providing in Romania ride-hailing services, plus an electrical scooter maintenance services and food order app including an online mini-supermarket, has expanded its activity to Satu Mare as well, announced the company’s representatives.
Paint producer Evolor, part of ROCA Industry portfolio, plans to expand to other countries in the region after having starting exporting to the Republic of Moldova this year, according to its CEO, Bogdan Pirvu.19080 items