Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a term deposit without auto-renewal option at the Exim Banca Romaneasca, in amount of RON190 milion, due on September 18, 2024.
Romania's Finance Ministry has raised RON798 million from banks on Monday (July 15), selling benchmark bonds, above the planned level of RON400 million, at an annual average yield of 6.19%.
International law firm CMS has promoted Andrei Cristescu (Dispute Resolution) to Counsel, starting from July 1, 2024, the firm has announced in a press statement on July 18.
Office building landlords have started to organize personal development and nutrition workshops, massage sessions and multisensory experiences such as cheese or ice cream tastings to create a work environment, which encourages a gradual return to offices, real estate consultant Cushman & Wakefield Echinox says in a report.
A team of transaction experts form PwC Romania along with PwC France provided fiscal due diligence services to France-based digital music company Believe in its acquisition of 25% in Global Records founded by Stefan Lucian in 2008.
The volume of construction works increased, in unadjusted data, by 1.1% in January-May and by 2.2% when adjusted for the number of working days and seasonality, data from the Romania’s statistics office INS showed on Thursday (July 18).
New car registrations increased by 13.4% to 83,505 units in Romania in January-June 2024 compared with the same period in 2023, and by 4.5% to 5,683,843 units in the European Union, ACAROM and ACEA data showed on July 18.
Europack Media, a Constanta-based company that makes wet wipes, ended 2023 with RON82.2 million, an increase of 8.5% on 2022. Net profit went up, as well, to RON8.3 million from RON7.7 million, Finance Ministry data show.
Grand Plaza Hotel, which manages the five-star Sheraton Hotel in Bucharest, ended last year with RON52.8 million revenue, an increase of 21% on the previous year and RON1 million net profit, Finance Ministry data show.
Stockday, the B2B e-commerce platform held by Coca-Cola HBC and Heineken Romania, ended 2023 with a turnover of RON577 million, up 8% versus 2022, as per finance ministry data.
Franke Romania, the local subsidiary of the Swiss group by the same name, has budgeted a turnover of RON54 million for 2024, up 10% from 2023, but slightly lower than in 2022.
Romania's energy minister Sebastian Burduja has signed 24 financing contracts worth RON68 million (EUR13.6 million), through the Modernization Fund, in order to support investments in new electricity production capacities from renewable sources for self-consumption for public entities.
Gabor Olajos, who previously held the position of Chief Operating Officer of Pluxee Bulgaria, will take over the role of Country Managing Director for Pluxee Romania and Bulgaria, starting July 22, 2024.
Romania's Competition Council has made several recommendations aimed at enhancing the accessibility of telemedicine services, thereby easing patient interaction with the healthcare system.
The Foreign Investors Council (FIC) says health, as the foundation of human capital, is essential for innovation, productivity and, therefore, for Romania’s sustainable economic growth.
Romania’s industrial sales (on the domestic and external markets) decreased by 8.5% in nominal terms in May 2024 compared to April 2024, and by 7.1% versus May 2023, data from the country’s statistical office INS showed on Wednesday (July 17).
OMV Petrom (SNP.RO), along with Austria’s OMV and Netherlands-based investment company ACB Participaties have become shareholders in EIT InnoEnergy, a European company that is an innovation engine in sustainable energy, topping up a 2023 private placement round of EUR140 million.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) decreased by 3.6%, in nominal terms, in May 2024 compared to April 2024, and by 7.2% compared to May 2023, data from the country's statistics board INS showed on Wednesday (July 17).