Found 19015 news
Romania’s Competition Council has approved a transaction whereby US company The Sherwin-Williams Company, a manufacturer of paints and coatings also present in Romania, is acquiring Italy’s Industria Chimica Adriatica active on the Romanian market through a wholesaler.
Romania’s finance ministry is launching new government bond issues for the general population only, on Tuesday (January 3, 2023), through the TEZAUR program.
The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in 2019.
Calipso, the producer of spring water brands Miraqua and Codrii Vlasiei, owned by Siderache family, is entering retail with a coconut-flavored natural juice range.
E-INFRA group, controlled by businessman Teofil Muresan, is ending 2022 with a solar project portfolio of 45 MW, with the target for 2023 envisaging installed capacity of 100 MW.
SIF Hoteluri (CAOR.RO) has notified its shareholders of the sale of the Eurohotel Hotel in Baia Mare, including real estate, fixed assets, inventory items, stocks of goods, intangible movable assets, employees and contracts with customers and suppliers, as per a stock market report.
Romania’s general consolidated budget posted a deficit of RON58.70 billion in the first eleven months of 2022, Finance Ministry data showed.
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said in a stock market report that it completed the takeover of the uranium concentrate processing line at the Feldioara Branch of the insolvent National Uranium Company on Dec 28.
Bucharest Stock Exchange recorded two transactions with 550,000 shares of biodegradable packaging manufacturer Promateris (PPL.RO) worth RON4.2 million on the deal market on Wednesday, December 28, Bucharest Stock Exchange data show.
Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, has announced the successful closing of a private placement for corporate bonds.
Romania's unemployment rate stood at 3.04% at end-November 2022, higher by 0.08 percentage points than in October 2022, data from the country’s employment agency ANOFM showed Wednesday (Dec 28).
Companies operating in the field of oil and gas extraction or those involved in oil product manufacturing are likely to be subjected to a new tax on 2022 and 2023 profit, in line with a draft emergency ordinance.
Romanian business managers expect for the December-February 2023 period a steep increase in prices in retail, in parallel with an activity slump in constructions, while the number of employees in industry, retail and services will remain relatively stable, in line with a survey by the country’s statistical board INS.
CTP, the largest developer and manager of logistic and industrial space in Romania, is expanding its partnership with Profi. The current expansion delivered by CTP for Profi increases the area leased by the retailer in CTPark Bucharest West to 67,000 square meters.
Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed in lei, went up 23.4%, central bank data show.
The consolidated budget revenue growth slowed down in November, the budget execution report of the Finance Ministry shows.
Orange, the leader of the telecom market and one of the largest companies in Romania, has decided to add EUR2 million to the capital of its company that provides mobile financial services, Orange Money IFN, as shown by a shareholder decision published in the Official Gazette recently.
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has decreased to 7.61% a year in the last Tuesday (December 27) of 2022 from the 7.63% on Friday (December 23), central bank data show.
Major Chinese players are starting to invest in local electrical home appliances production and the Romanian state supports the projects with EUR30 million under the form of state aid.
Romania’s Competition Council has slapped eight companies that sell products and personal protective equipment for work safety and healthcare industry with fines amounting to RON4.88 million (EUR987.622).19015 items