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Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, continued its upward trend and surged to 1.81% a year on Monday (October 4), from 1.79% a year on Friday (October 1).
KPMG in Romania on Monday announced two new appointments through internal promotions at management level, and a new hire. Starting October 1, 2021, Daniel Pana has become a Partner in Tax, Victor Iancu was promoted to Associate Partner in Advisory and Inga Tigai joined KPMG as a new hire in Tax, also as an Associate Partner.
2Performant (2P.RO), the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, will grant the company’s shareholders registered on October 28, four free shares for one share held, through a share capital increase by RON495,970.4, which corresponds to a total 4,959,704 new shares with a nominal value of RON0.1 per share.
Industrial production prices for the domestic and non-domestic markets grew by 1.5% in August 2021 versus July 2021 and by 15.9% in August 2021 versus August 2020, data from Romania’s statistics board INS showed Monday.
Appraisal & Valuation (APP.RO), a provider of appraisal, consulting and real estate development services, 67.8% controlled by Ioan Botis, founder and chairman, ended the first six months of this year with turnover worth RON2.76 million, up 20.5% from the similar period of last year, while net profit rose by 17%, to RON363,065.
Almost 4 million tourists were registered in Romania’s accommodation units during the three summer months of 2021, 50% more than in the same period of last year, data from Romania’s statistics board INS showed Monday.
Mortar, paint and base coat manufacturer Baumit, owned by Austrian concern Schmid Industrie Holding, is expanding the plant it holds in Sag, Timis county.
Domeniile Prince Matei, a company owned by Vintruvian holding, which also holds Viticola Sarica Niculitel, expects turnover to double in 2021 from 2020, to around RON3.5 million, in line with ZF calculations based on company information.
Bucharest's ophthalmological clinic Infosan, set up in 2002 by two doctors, ended 2020 with turnover worth RON10 million and targets a 10% increase this year amid rising demand for medical services, according to the company’s officials.
American multinational semiconductor company Advanced Micro Devices (AMD) has opened a design center in Romania's northeastern city of Iasi. The center will hire a team of engineers to work on new hardware and software innovations.
Individual investors bought RON943 million worth of government bonds within the three tranches of Fidelis government bonds issue for the general population, per calculations by Ziarul Financiar (ZF).
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, concluded EUR56.7 million loan contracts on Sept 30, of which EUR26.7 million from state-run lender CEC Bank and EUR30 million from Alpha Bank.
French giant Danone, leader on the local yogurt market, announced the appointment of Robert Jasinski to the position of managing director of Danone Romania, effective October 1, 2021.
New and used car registrations in Romania grew 9.2% year-over-year in January-September 2021, to 393,402 units, data from the Automotive Manufacturers and Importers Association (APIA) showed Friday.
Distribution and logistics company Aquila, with an annual turnover of EUR370 million, borrows EUR10 million from the European Bank for Reconstruction and Development (EBRD) for the development of its own brands, modernization of warehouses, digitalization and working capital.
The European Fund for Southeast Europe (EFSE) has provided a new loan worth the equivalent in lei of EUR10 million to BT Microfinantare (BT Mic), part of lender Banca Transilvania.
The transaction whereby Duraziv, the largest independent producer of building materials in Romania, sold the entire package of shares to world leader Saint-Gobain was completed on September 30, 2021, upon receiving all approvals from competent authorities.
Norofert Group, Romania’s leading Romanian producer of organic inputs, on Friday announced the appointment of Marcel Caruz to the position of Chief Operational Officer (COO) of the company.
Romania's finance ministry will be launching three new bond issues for the general population Monday, October 4, which can be subscribed until October 27.
Romania's foreign exchange reserves fell to EUR41.2 billion in September 2021, lower by EUR400 million than in August 2021, central bank data showed Wednesday.18957 items