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The Bucharest Stock Exchange on Monday said the bonds issued by Libra Internet Bank worth EUR40 million would start trading on the Main Market on Friday (December 3), under the ticker LIBRA28E.
Managers in Romania expect relative stability of the economic activity and in the manufacturing industry, retail trade and services, alongside a robust growth in prices of construction works and in retail prices for the period between November 2021 and January 2022, data from the country’s statistics board INS showed Monday.
Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, on Monday said it registered a loss of RON36 million in January-June 2021, compared to a net result of RON7.1 million in the year-earlier period, as a result of setting up provisions worth RON29 million relate to the company’s activity.
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 2.66% a year on Monday (November 29) from 2.63% a year on Friday (Nov 26), per central bank data.
Ion Bican, managing officer of CER Cleaning Equipment, the company operating the production of Germany’s Karcher domestically, says the company is set to end 2021 with EUR110 million.
Corporate Office Solutions (COS), specializing in turnkey office interiors, will enter the segment of custom made furniture production through a possible acquisition as the company wants to tap into the housing segment of the real estate market, as well as international markets, explained Christophe Weller, founder and CEO of COS.
Sanitary ware manufacturer Cersanit expects 2021 turnover to rise by over 20% against 2020.
“We’re constantly seeking specialists, having around 30 open positions at present,” says Ovidiu Pascutiu, general manager of Saint-Gobain Romania.
Walter Friedl, managing partner of wine producer Lacerta, expects the company’s 2021 turnover to be flat from 2020. Last year, turnover hit RON4,9 million, down 24% year-on-year.
Theta Furniture & More, one of the biggest players on Romania’s furniture and interior design market, will open an office in Brussels in 2022, with Paris to also be included in its expansion plans.
Appraisal & Valuation (APP.RO), a real estate consulting, valuation and development business and one of the companies that recently debuted on the local stock exchange, announced on Friday that investor Marius Alexe surpassed the 5% threshold of its voting rights on November 26, so he now owns 5.03% or 64,830 shares.
Carbochim (CBC.RO) is preparing the site in Cluj for a future real estate development; the site is now used by one its plants, which is to be relocated.
The sale of Frigotehnica, a manufacturer of refrigeration solutions, to VINCI Energies, the Romanian holding company of VINCI, a global construction and energy group, was finalized on Friday after receiving all approvals from the Competition Council, ROCA Investments announced.
National natural gas transmission company Transgaz (TGN.RO) signed on Thursday a 12-year RON220 million loan agreement with Banca Comerciala Romana (BCR) on Thursday, an announcement on the Bucharest Stock Exchange shows.
Electronics retailer Flanco is further expanding its store network and is opening two new units, in Arad and Barlad, in the wake of RON1.5 million investments, reaching 160 units located in 112 cities.
Bento – Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, raised RON5.6 million from investors in the wake of a private placement closed on the very first day of the offering.
Holde Agri Invest, a Romanian company operating farmland, reported consolidated turnover worth RON46.8 million in the first nine months of this year, up 78% from the year-earlier period, and net profit of RON2.6 million, up 77%.
Romania’s bike industry has grown almost tenfold in 10 years. Over 1,700 people in 2020 manufactured RON1.3 billion worth of bikes, in line with a ZF analysis based on Trade Registry data.
The owners of Briza Marii Negre, one of the biggest travel companies on the Romanian seaside, which operates MirageMedSpa hotel of Eforie Nord, as well as four restaurants, have built a second hotel and are now investing EUR2.5 million in a health recovery clinic.
Siemens Energy currently has over 110 positions opened for Bucharest, with this being the company’s most active recruitment center globally.20085 items