Romania's national grid operator Transelectrica (stock symbol: TEL) was notified on Jan. 20, 2025 that international rating agency Moody’s Investors Service had published the long term rating affirmation ”Baa3”, while keeping the outlook stable, the company has informed the shareholders and the interested parties in a stock market report on Jan. 21.
Vetex Farm, based in Bucecea, Botosani County, a broiler breeding complex owned by Sergiu Grosu, will increase its capacity by 30-40% to 150,000 chickens per batch. The total investment is EUR8.5 million, part of which comes from non-repayable EU funds.
Footwear retailer Benvenuti, majority controlled by local entrepreneur Dan Pavel, expects its 2025 turnover to hold at least at the 2024 level when it neared the RON200 million (EUR40 million) threshold.