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Romania's trade balance posted a deficit of EUR28.9 billion in 2023, lower by 15.1% compared to 2022, data from the country's statistics board INS showed on Friday (February 9).
Antibiotice Iasi, the largest Romanian-held pharma producer, is launching eight veterinary products in the range of nutritional supplements, complementing the company’s veterinary prescription portfolio.
Impact Developer & Contractor, the first real estate developer listed on the Romanian capital market, announced the launch of a public offering of registered, dematerialized, unconditional, non-guaranteed and non-convertible bonds according to Decision EGMS No. 2 from 27.04.2023 and the Decision of the Board of Directors dated 15.11.2023.
Building materials holding ROCA Industry has completed the purchase of 70% in the share capital of Workshop Doors for RON30 million.
MerchantPro, the e-commerce platform developed by local company Shopmania Net, in 2023 registered EUR1.7 million revenues, up over 20% from 2022, as the company mainly focused its strategy on medium and large online stores.
Bucharest’s Trident dental clinics, a brand including three units in Cotroceni and Herastrau, generated EUR4.5 million turnover in 2023, up over 12% from 2022.
For Rohparma, one of the five largest pharma groups in Romania, and Sf. Constantin Hospital of Brasov, also almost the ten largest private healthcare groups, 2023 topped expectations, amid a high patient inflow.
Mihai Neagu, CEO of Perla Harghitei and Apemin Tusnad, two of the largest companies in the natural mineral water field, says the group bets on a two-digit increase in volumes this year.
Cognyte, a global leader in investigative analytics software, has leased 1,600 square meters of office space in the U•Center 2 office building held by Forte Partners, assisted by CBRE.
CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has leased 5,300 square meters of warehouse at CTPark Oradea Cargo Terminal to HelpShip, a leading logistics solutions provider, part of logistics group euShipments.com.
Building materials manufacturer TeraPlast Bistrita (TRP.RO) announced in a stock market report on Feb 8 that the company's Board of Directors decided to appoint BRK Financial Group (BRK.RO) to intermediate the repurchase of a maximum number of 2.76 million shares within the limit of a maximum budget of RON2.76 million.
Law firm ONV LAW is expanding its consulting services on international markets with the opening of an office in Chisinau (the Republic of Moldova), and targets a combined turnover of over EUR2.5 million in 2024, generated both by the local business volume and by the new subsidiary.
Danone Romania, the leader of the Romanian yogurt market, has completed an investment of EUR1 million in the purchase and installation of photovoltaic panels that will ensure 20% of the energy consumption at its plant in Bucharest.
Rompetrol Downstream, the retail division of KMG International Group in Romania, has recently opened two new service centers with Rompetrol gas stations on A1 highway (the Orastie – Sibiu section), in the vicinity of Cristian, a commune located in Romania's central County of Sibiu.
Romania's Finance Ministry raised RON1.5 billion from banks on Thursday (February 8), selling government paper in two auctions, at annual average yields of 6.03% and 6.45%, respectively.
Romania's Competition Council has fined SEROM (Samsung Electronics Romania and Bulgaria), Dante International (eMag), Altex Romania and Flanco Retail a total RON123 million for participating in an anti-competitive agreement on the market for the commercialization of TVs and mobile phones, between 2019 and 2021.
Romania's energy ministry has announced the relaunch of two calls for projects targeting investments in energy storage capacities (batteries) and photovoltaic panels and the total budget is EUR278 million.
The number of real estate deals in Romania exceeded 37,241 in January 2024, 23,340 fewer than in December 2023, data from the national cadaster agency ANCPI showed on Thursday (February 8, 2024).
Raiffeisen Euro Obligatiuni, Goldman Sachs Romania RON Bond and FDI Globinvest were the best performing local open-end bond funds in Romania in 2023, as per the latest data from the Association of Fund Managers (AAF).
The ten most active brokers at the Bucharest Stock Exchange intermediated deals worth almost RON3 billion in January 2024, accounting for 92.6% of total intermediations, in line with calculations by Ziarul Financiar (ZF) daily based on stock market data, and almost threefold lower than RON1.1 billion worth of deals intermediated in January 2023 .19990 items