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Romanian aluminum processor Alumil Rom Industry (ALU.RO) on Thursday (March 23) said it would convene its shareholders on April 24 to put to the vote a decision to distribute a gross dividend of RON0.2 per share.
Romania’s largest poultry producer, Transavia, seeks to double its production capacity in three-four years in order to exceed the threshold of 200,000 tons of poultry meat annually through major investments and acquisitions of new market players.
The Board of Directors of natural gas producer Romgaz’s (SNG.RO) convened on Thursday (March 23, 2023) and approved the extension of Razvan Popescu’s mandate as Chief Executive Officer (CEO) of Romgaz for two more months, from April 19, 2023 until June 19, 2023.
Romania's Finance Ministry raised RON500 million on Thursday (March 23) selling bonds maturing in April 2025, at an annual average yield of 7.09%.
Romanian online retailer eMAG said it would extend its cross-border fulfilment program to the markets of Bulgaria and Hungary, following related investments in technology and logistics totaling EUR3 million in 2022, eMAG said in a press release.
Brasov-based roofing manufacturer Bilka, held by entrepreneur Horatiu Tepes, ended 2022 with RON1.15 billion revenue, an increase of 3% on 2021, the latest data available on the Finance Ministry website show.
Grupul IULIUS has installed photovoltaic panels on all properties in its portfolio and expects a production of 5,500 MWh annually, following an investment of over EUR3.5 million.
Romania’s national grid company Transelectrica (TEL.RO) has called shareholders for April 27, 2023 to secure approval to distribute a RON0.71/share gross dividend from the 2022 profit, according to the notice sent to the Bucharest Stock Exchange.
Natural gas producer Romgaz’s (SNG.RO) Board of Directors on March 23 approved a gross dividend of RON3.42/share, which will be submitted to the General Meeting of Shareholders on April 26-27 to vote.
BA Glass, a European producer of glass packaging and the only producer of glass containers in Romania, said it would invest over EUR1 billion in its 12 factories over the next five years, of which EUR150 million in Romania.
French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the last few years. The decision of the group comes at a time when Romanian consumers are becoming increasingly price conscious.
Romania's finance ministry continues the issues of FIDELIS government bonds for retail investors and launches on Bucharest Stock Exchange (BVB) the first offer in 2023, between March 27 and April 10.
Romania ranks last among European Union (EU) countries regarding online learning, considering that only 8% of Romanians said they used the Internet for educational purposes in the last three months, as per a study conducted by Eurostat, the EU's statistical office, in 2022.
Law firm Filip & Company advised Digi Spain Telecom S.L.U., the company’s Spanish subsidiary, on the conclusion of an investment agreement with Aberdeen Standard Core Infrastructure III SC Sp., a fund managed by abrdn.
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON101.4 billion for February 2023, higher by RON5 billion since the beginning of 2023, against the backdrop of calmer waters on financial markets and of contributions from Romanian employees.
Deposits of non-government resident customers grew by 1.7% in February 2023 up to RON522 billion versus January 2023, and by 8.5% (down 6.1% in real terms) versus February 2022, in line with central bank data.
Dietary supplements, teas and cosmetics importer, wholesaler and retailer Secom announces that its own brand of dietary supplements Good Routine is now available in the Amazon marketplaces in France and Spain, after having entered the Iceland market last year.
BENCOMP, a Romanian producer of WPC (wood plastic composite) profiles, will be investing over EUR2 million in 2023 to open a wood briquettes plant in Arad.
Private lending in February 2023 rose by 10.6% against the same period of 2022, to RON365.8 billion, as local currency lending went up by 4.3% and the foreign currency one increased by 27.4%, in line with central bank data.
Mastercard is launching in Romania a cashback campaign for people who during the March 24-31 period choose to pay their taxes with a Mastercard debit or credit card, on Ghiseul.ro platform and mobile app or on other online platforms made available by local administrations.19058 items