The eMAG Group, one of the largest online retailers in the region, is aiming for 11%-15% growth in revenue this year and will invest RON900 million to achieve its goals.
76,746 individuals in Romania had bank deposits of more than EUR100,000 at the end of the first quarter of 2024, over RON82.6 billion (about EUR16.5 billion) in all, the latest statistics of the Bank Deposit Guarantee Fund (FGDB) show.
State-run company Nuclearelectrica (BSE:SNN), Romania’s sole nuclear power producer, and Korea Hydro & Nuclear Power (KHNP) have announced the start of works on the first tritium removal facility in Europe, located at the Cernavoda Nuclear Power Plant.
The cross-border merger by absorption of Credit Europe Bank Romania S.A. into Dutch parent company Credit Europe Bank N. V. was initiated and, after the merger, the former will continue its activities in Romania as a subsidiary of the latter, as per data provided on June 10 by the representatives of the institution.
Romania's Finance Ministry raised RON1.03 billion from banks on Monday (June 10), selling government paper in two auctions, at annual average yields of 6.29% and 6.69%, respectively.
Forty Management, a Romanian developer of real estate projects with mixed destination and green urban reconversion, has announced that it will inaugurate on June 12 the Lagoon Park Bucharest project, the first artificial urban beach in Europa, following an investment of EUR33 million.