Found 19990 news
Romania ended 2023 with a current account deficit of EUR22.69 billion, down 12% from EUR26 billion at the of 2022, central bank data showed on Tuesday (February 13, 2024).
Norofert (NRF.RO), one of the largest organic farm input producers in Romania, listed on the AeRO Market of the Bucharest Stock Exchange, is investing RON6 million in a laboratory for research and multiplication of microorganisms for use in agriculture.
International sanctions refer to a set of measures adopted at a global or regional level regarding restrictions and obligations applied to certain persons or entities, mainly for the purpose of maintaining international peace and security, preventing and fighting terrorism, the proliferation and financing of terrorism, respecting human rights and fundamental freedoms or the development and consolidation of democracy and the rule of law.
Visual Fan, owner of Allview brand, has boosted its stake in Intervision Trading, the distributor of AKAI brand in CEE, to 70%, after taking over another 9% of the company’s shares.
BVB group in 2023 posted consolidated operating revenues worth RON82.79 million, up 46%, an increase mainly generated by a significant event, H2O listing, with direct impact on the evolution of revenues both on the trading and post-trading segments.
OMV Petrom has for 2024 earmarked a budget of around EUR300 million for acquisitions, with the funds covering both deals signed in 2023 and set to be completed this year, as well as new takeovers, stated Alina Popa, OMV Petrom CFO.
Termoexpress, a carpentry producer of Cluj county, plans to earmark funds for car fleet expansion as most sales are directed abroad.
Romanian paint and coatings maker Köber of Neamt county is developing two major investment projects in parallel, in Hunedoara and Neamt counties.
Jidvei, one of Romania’s largest winemakers, controlled by entrepreneur Claudiu Necsulescu, ended 2023 with turnover worth above EUR50 million at group level and banks on a turnover increase of at least 10% in 2024.
Automotive wiring maker Leoni Wiring Systems Pitesti, part of German group Leoni, currently has 165 jobs available at the wiring plant of Bascov, Arges county.
The central-western part of capital city Bucharest, from the Orhideea area to Calea 13 Septembrie area, will be concentrating more than 900,000 square meters of office space until 2030, which is enough to accommodate one million corporate employees, thus becoming the most important office hub in Romania.
Romania's financial regulator ASF has authorized the members of the Board of Governors of the Bucharest Stock Exchange (BVB.RO, the operator of Romania's capital market, for a four-year mandate, effective February 13, 2024.
Seed producer and processor Germina Agribusiness (SEOM.RO) announced the completion of the sale process for several real estate assets held by the company and consisting of six apartments in Bucharest's sector 2, following shareholders' decisions made in summer 2023.
Large companies operating in the energy and utilities sectors at the Bucharest Stock Exchange recorded interest income of almost RON1.5 billion for the first nine months of 2023, up 54% compared to the same period of 2022.
Aurelian Marin, the owner of travel agency Paradis Tours and several hotels on the Romanian seaside, has acquired four-star Modern All Inclusive hotel in Mamaia seaside resort.
Romania's Finance Ministry raised RON784 million from banks on Monday (January 29, 2024) selling bonds with a nominal value of RON500 million due in April 2031, at an annual average yield of 6.42%.
Dorinel Umbrarescu, the owner of construction firms UMB Spedition, Tehnostrade and SA&PE Construct, is acquiring liquid steel producer Otelul Rosu based in Caras Severin in order to produce metallic components needed in its construction activities, in line with data from the local media; the transaction is estimated at EUR12 million.
Niculae Havrilet has notified OMV Petrom with a waiver of his mandate as a member of the company's Supervisory Board, starting February 12, 2024, Petrom announced in a stock market report on Monday (Feb 12).
Vodafone Romania, one of the largest players on the local communications market, has concluded a strategic partnership for the implementation of Ericsson technology for network development and 5G network deployment.
Lowe Group, one of Romania’s largest marketing and communication groups, is strengthening its top management team by appointing Florina Varzariu as Chief Financial Officer.19990 items