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The green bonds of Banca Comerciala Romana (BCR), the second largest lender in Romania by assets, started trading on the Main Market of the Bucharest Stock Exchange on Thursday (June 9), under the ticker symbol BCR27A.
Shareholders of Romanian electricity supplier Electrica Furnizare approved on June 9, 2022 a total ceiling of short-term financing of RON1.5 billion up to RON1.7 billion to be contracted in 2022 from commercial banks and international financial institutions for the company’s current activity, as per a stock market report.
Romania’s Competition Council has approved a transaction whereby Marcos Provit, part of Evofarm group, acquired the Gifarm pharmacy in Tecuci at end-March 2022.
Construction company P.A.B. Romania, controlled by entrepreneur Ion Sandu in Arad, posted RON195.5 million (EUR39.7 million) revenue in 2021, down 19.7% compared with the RON243.6 million (EUR50.4 million) of the previous year, ZF has calculated from Finance Ministry data.
Theta Furniture&More, one of the largest players in the interior design and custom furniture market in Romania, has invested EUR4 million in an own factory located in the Paulesti commune (Prahova County).
Low-cost airline Blue Air has recently canceled flights scheduled for the summer season 2022 on at least 20 routes to and from Romania.
Octavic, a provider of digital solutions for the manufacturing industry, has been awarded four international European projects over the last year, providing the company with financing of over EUR770,000.
Software developer RebelDot has launched Rebel Ventures, an investment mechanism for tech startups that will manage the company’s strategy of investing in local startups and not only.
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, on Thursday said it registered consolidated revenue of RON530.2 million in 2021, up 50% on the year, and a net profit of RON25.8 million, up 7% on the year.
Julius Meinl Romania, a company held by Austrian group by the same name, one of the largest actors on the premium coffee market, appointed Sorin Brinzan chief executive officer and Dinu Graur chief financial officer as of April to innovate processes from the inside, it said in a release.
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in its report released at end-April.
Housing prices in Romania’s capital city Bucharest are among the most affordable in the European Union (EU), in line with a report released by real estate consultant SVN Romania based on Eurostat official statistics and data on national average wages and residential prices across EU capital cities.
Startup firm Profluo, which builds machine learning technology for the automatic processing of accounting documents, has attracted a EUR500,000 seed investment round from Early Game Ventures (EGV).
Romania's trade balance posted a deficit of EUR10.01 billion in January-April 2022, higher by EUR2.93 billion compared with the first four months of 2021, data from the country's statistics board INS showed Thursday.
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, grew to 6.13% a year on Thursday (June 9) from 6.10% a year on Wednesday (June 8), as per central bank data.
Solina Romania, one of Romania’s biggest producers of food ingredients and spices, for 2022 budgeted turnover worth RON175.7 million (around EUR35 million), up around 19% from the 2021 level, in line with ZF calculations based on company data.
Bombardier Transportation Shared Services Romania, the local subsidiary of Canada’s Bombardier, taken over last year by France’s Alstom, for 2021 reported turnover of RON96.2 million (EUR19.6 million), up 12.3% from 2020, in line with ZF calculations based on Finance Ministry data.
Car parts manufacturer Joysonquin Automotive Systems Romania (the former Quin Romania), the local division of China’s Joyson, for 2021 reported turnover worth almost RON571.3 million (EUR116.1 million), up 11% from the previous year, in line with ZF calculations based on Finance Ministry data.
Glovo, a leading player in the express delivery industry, has appointed Iustinian Belghir to the role of General Manager for its Romanian operations, effective June this year.
Romanian video game developer Amber has continued to expand and has opened a new office in Warsaw, Poland, its officials said. The new office will focus on programming, art and game design, aiming to increase Amber's expertise in PC and console game development.20056 items