Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private energy investor of Ukraine, for the construction of green energy project with a total power of more than 53 MW.
SeedBlink, a local company that has developed an equity crowdfunding platform for tech startups, present in several European countries, plans to shift its attention to DACH region in 2024 after having focused in 2023 on activities carried out on the markets of the Netherlands and southeastern Europe.
Bacau-based Simba Invest, a major consumer goods wholesaler locally, in 2023 registered turnover worth around EUR170 million, 26% higher than in 2022, in line with ZF calculations based on company and Finance Ministry data.
Bucharest’s Emerald medical center, part of Sofmedica group, which opened a second clinic in Iasi last year, bets on new clinic in Timisoara, specialized in neurology, cardiology and oncology, according to the company’s officials.
Hanea family started Andu Sports business almost 27 years ago, manufacturing pajamas in its own production line. Later on, the entrepreneurs shifted to production of tracksuits and sportswear. Today, the business is at the second generation of entrepreneurs and Andu Hanea is the one who took over the company’s reins.
The number of companies in Romania resorting to insolvency proceedings in 2023 remained unchanged compared to 2022 level, namely, at 6,650 firms, according to an analysis conducted by CITR, leader of the local insolvency and restructuring market.
ROCA Industry (ROC1.RO), a building materials holding majority held by ROCA Investments, announced in a stock market report on Feb.1 that it completed the second stage of the share capital increase, through private placement, and boosted its capital to RON248.7 million.
IT Group Bittnet (BNET.RO), an integrator of IT&C solutions and a provider of training services in the IT sector, has informed investors in a stock market report on Thursday (Feb. 1) about the signing of a significant contract by Dendrio Solutions (part of the Cloud& Infrastructure pillar of Bittnet Group).
TeraPlast Group has announced on February 1 that, following successful negotiations, the agreement for the acquisition of the Wolfgang Freiler Group from the Uhl family in Austria has been signed, as per a stock market report.
Romania's foreign exchange reserves stood at EUR61.4 billion on January 31, 2024, compared to EUR59.7 billion on December 31, 2023, central bank data showed on Thursday (February 1).