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.