Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025.
Poland’s Polish group Zabka, which has a network of more than 10,000 stores in its home market, entered Romania’s grocery retail market about eight months ago, when it opened its first store.
Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency ones by 3.7%, in line with central bank data.
Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central bank data showed on Friday, December 27, 2024.
Cosmin Moldovan, founder and general manager of Moldovan Carmangerie, an integrated business of Cluj county, says the group currently has two pre-cooked food production units and given the upward trend of the segment he will invest in a new production unit centered exclusively on this type of product.
National oil carrier via pipelines and tanker railcars Conpet Ploiesti (COTE.RO) on Tuesday notified the Bucharest Stock Exchange of having signed two agreements for oil transportation services.
Romania's finance ministry has attracted almost RON1.5 billion and EUR225.3 million (values totaling RON2.6 billion – EUR523.1 million), through the sixth primary offer for the sale of FIDELIS government bonds for the retail investors, held in 2024 through the Bucharest Stock Exchange’s systems.
Ototo, a retailer that brings hundreds of independent brands under its umbrella, continues its expansion both in Romania and abroad, namely, in Vienna, where it has already opened its first store.
RTPR has assisted Grup Serban Holding and its subsidiaries in relation to a EUR73 million syndicated facility for the refinancing of the existing debt and the development of its activity.
Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) has informed its shareholders and investors in a stock market report on Dec. 24 that Fitch Ratings has revised the company's outlook to ‘Negative’ from ‘Stable’ and affirmed its 'BBB-' Long-term Issuer Default Rating (IDR).
Entrepreneurial company Grup Serban Holding (stock symbol: GSH), which operates in agriculture, has announced in a stock market report on Dec. 23 that it has successfully finalized the signing of its first-ever syndicated financing.
The Board of Directors of Romanian company Turism Felix (stock symbol: TUFE), which manages five hotels in Baile Felix resort of Bihor county, has approved the conclusion of a franchise contract with Accor Hotel Services Magyarország Kft. Budapest, the Bucharest branch, Turism Felix has announced in a stock market report on Dec.23.
Global Archive Management (GAM), a local company specializing in document archiving services, ends 2024 with an 18% increase in turnover compared with 2023, to RON18 million, as per data released by GAM representatives.
Ioana Baniceru, deputy general manager of Allianz-Tiriac Unit (the former Gothaer Romania), was appointed Director of the Division of Brokers and Partnerships within Allianz-Tiriac Asigurari.
Investment fund manager SAI Certinvest has announced that financial education company Masterbrok SRL joined its shareholding structure, with an ownership stake of 9.9%.
Bucur SA Bucuresti (stock symbol: BUCV), a company engrossed in selling food products, spirits and coffee, and in property lease, has announced in a stock market report on Dec. 23 that it will organize a competitive outcry auction for the sale of a plot of land in capital city Bucharest.
The European Bank for Reconstruction and Development (EBRD) has announced in a press statement a partnership with lender Banca Transilvania to support the supply chains of Profi.
Romania's National Railway Supervision Council (CNSDF), part of Romania's Competition Council, is submitting to public debate the “Guide on Pricing Principles Applicable to Railway Infrastructure and Service Facilities.”
UniCredit Bank, part of the UniCredit Group and one of the largest banking institutions in Romania, is listing a new corporate bond issue worth RON750 million on the Bucharest Stock Exchange (BVB), on December 23, 2024.