Found 18948 news
To celebrate 20 years since the start of operations on the Romanian agricultural market, Agricover Group, one of the leading players in the local agribusiness sector, has carried out the first bond issue worth EUR40 million, which will be listed on the regulated market of the Bucharest Stock Exchange, in the upcoming period.
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Monday announced it reconnected the first unit of the power plant in Cernavoda to the national power grid.
Romania is present in 2021 edition of the global ranking of 500 most valuable banking brands, compiled by Brand Finance, with two financial institutions, namely, Banca Transilvania, which climbed to the 302nd spot, and BRD, which dropped to the 470th spot.
Romania's foreign exchange reserves grew to EUR37.454 billion at the end of January from EUR37.379 billion at the end of 2020, central bank data showed Monday.
Elefant.ro, one of the largest online stores on the local market, operated by Elefant Online, had a turnover of RON235 million (EUR48.2 million) in 2020, up 35% on the year.
French-held retailer Auchan and Costa Coffee, the coffee brand brought to Romania by Coca-Cola HBC Romania, in the summer of 2020, have started a partnership whereby Costa Coffee spaces will be launched across all MyAuchan stores in Petrom filling stations.
Companies in Romania may access financing in the field of leasing to continue and develop their activity, following a contract signed by the European Investment Bank (EIB) Group and Deutsche Leasing Romania, for a total financing of EUR370 million, intended for the economic sectors affected by the COVID-19 pandemic, especially the agriculture.
The roofing market will grow this year, actors in the industry say. The growth may be slower than last year, but even so, the market will grow. Demand for more expensive premium products will increase, they add, and new build and renovation will account for similar shares in the total.
The property management division of real estate consulting firm Colliers International manages a total portfolio of over half a million square meters of office and industrial space, of which 345,000 sqm in capital Bucharest, per data from Colliers representatives.
Romania's seasonally adjusted unemployment rate fell to 4.9% in December 2020, lower by 0.2 percentage points than 5.1% in November 2020, data from the country's statistics board showed Monday.
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, has EUR116 million investments planned for Romania over the next three years.
Online furniture and home décor retailer Vivre posted growth of 45% in sales to more than EUR60 million in 2020.
Experts of KeysFin, one of business information providers in Romania, expect the Romanian economy to grow by 2.5% to 3.5% in 2021.
Shareholders of state-run oil transporter CONPET Ploiesti (COTE.RO) will be discussing in their general meeting of March 11 a decision to increase the company’s share capital by RON108.8 million.
Romanian state-owned hydropower producer Hidroelectrica plans to invest RON170 million in retrofitting works at the Bradisor hydropower plant.
Shares of Romanian cybersecurity company Safetech Innovations started trading on the AeRO market on The Bucharest Stock Exchange Friday under the ticker symbol SAFE.
Shareholders of Rompetrol Well Services (PTR.RO) rejected a proposal by minority shareholder KJK Balkan on the distribution policy for the RON84.37 million profit raised in previous years and approved the dividend policy proposed by majority holder KMG International.
Romania's government raised RON995 million selling bonds to the general population in January 2021, the biggest monthly amount investors subscribed since the start of the program.
German home appliances manufacturer Miele ended 2020 with 34% turnover growth in Romania, to over EUR13 million, as consumer behavior changed during the pandemic.
Fiscal facilities and the closure of courts due to pandemic restrictions led to a 42% drop in high-impact companies that accessed insolvency, from 139 in 2019 to 80 in 2020), according to an analysis by CITR, the leading insolvency practice company, part of Impetum Group.18948 items