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Telecom operator Digi has sealed a contract for the acquisition of spectrum licenses for the private use of the radioelectric public domain related to certain sets of blocks of frequencies with Spain’s Xfera Moviles in a EUR120 million contract that includes a EUR20 million conditional component.
Quehenberger Logistics Rou, a major player on the transport and logistic market, currently has 100 jobs available at the logistic center of Ghiroda.
Kastamonu Romania (formerly Prolemn), controlled by Turkey’s Kastamonu Entegre, ended the first nine months of 2023 with turnover worth above EUR100 million, slightly down from the year-earlier period.
Magnolia continued its nationwide expansion and consolidation during 2023 with a new logistic point in Constanta and new flower shop in Craiova and in 2024 wants to open at least two new units, explained Ioana Molnar, Magnolia co-founder.
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, is tapping into a new segment, of cardboard food boxes.
Claudiu Aron, one of the largest hotel owners in Romania, known for the Alpin hotel complex located in the mountain resort of Poiana Brasov, says this year's trend was upward and the hotel is expected to end 2023 with an increased average occupancy rate and a higher turnover.
Mircea Turdean says cosmetics producer Farmec Cluj, a company has runs and controls as a shareholder, has been and will always be a family business.
Romanian car parts maker UAMT Oradea (UAM.RO) on Monday (Dec 11) informed the local capital market in a stock market report about the decision of the Board of Directors as regards contracting a loan of RON4.93 million from lender Exim Banca Romaneasca (the former Eximbank).
Real estate investment fund Alternative BT Property, which manages EUR22.3 million worth of assets, has completed the acquisition of three buildings in which oncology clinics Amethyst Radiotherapy in Cluj (Floresti), Timis (Dumbravita) and Ilfov (Otopeni) operate.
Romgermed, a medium-sized actor on the private medical service market, has grown to nine medical laboratories in Bucharest, a clinic with 110 medical offices and the hospital on Calea Plevnei.
Filip & Company assisted Banca Transilvania with the launch of a bond program totaling EUR1.5 billion and with the first sustainable bond issue under this program, through which Banca Transilvania raised EUR500 million from international markets.
Fondul Proprietatea (FP.RO) on Monday evening notified the Bucharest Stock Exchange that Franklin Templeton International Services, in its capacity as sole director of the Fund, received a binding offer from GDF International, the majority shareholder of Engie Romania, to buy the Fund’s Engie stake for EUR87 million.
Net investments in Romania’s economy totaled RON118 billion in the first nine months of 2023, up 14.4% year-over-year, with new construction works accounting for 62.6% and purchases of machinery, including transport vehicles, for 29.3%, data from the country’s statistics board INS showed on Monday (December 11).
Farmland operator Holde Agri Invest (HAI.RO) on Monday notified the Bucharest Stock Exchange that its subsidiaries had signed several significant contracts with the same undisclosed customer. The aggregate value of the contracts is RON50.7 million, excluding VAT, according to ZF’s calculations.
Romania's Finance Ministry raised RON1.5 billion from banks on Monday (December 11), selling government paper in two auctions, at annual average yields of 6.72% and 6.68%, respectively.
Carbochim, the largest manufacturer of professional abrasives in Romania, has recently completed the relocation and technological upgrade process, following an investment of EUR5 million, aiming to streamline its industrial activity and optimize costs.
Banca Comerciala Romana (BCR) is successfully launching a new issue of non-preferred bonds, worth RON1 billion.
A total 17,916 housing units were put into use in Romania in the third quarter of 2023, 2,307 fewer units than in the same period of 2022, provisional data from the country’s statistics board INS showed on Monday (December 11).
Infinity Capital Investments (INFINITY.RO), a company listed on the Bucharest Stock Exchange (BVB) for 24 years, will start trading on Monday (December 11, 2023), under the new ticker symbol, INFINITY, following the process of implementing a new brand identity undertaken by the company during 2023.
Romania's trade balance posted a deficit of EUR23.1 billion in January-October 2023, lower by EUR5.21 billion (-18.4%) compared to January-October 2022 period, data from the country's statistics board INS showed on Monday (December 11).19501 items