Romanian tea producer Kalpo, which has been selling teas made in Buzau under the Vedda brand for more than three decades, posted 8% increase in revenue in 2023 compared with the previous year.
Romania's Finance Ministry raised RON1.73 billion from banks on Thursday (February 1), selling government paper in two auctions, at annual average yields of 5.97% and 6.03%, respectively.
Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC) services, has completed and grid-connected its tenth solar photovoltaic (PV) power plant in Romania.
Real estate developer ONE has bought some real estate assets of Romaero from Hidroelectrica, where it will develop a project, called ONE Baneasa AirPark, which will include offices and hangars near Baneasa Airport.
Romanians bought medicines worth RON26.8 billion (EUR5.44 billion) in the period April 2022 – March 2023, at wholesale prices, 20% more than in the year-earlier period, in line with a report of consulting company Cegedim.
Catalin Munteanu, one of the most renowned banking professionals in Romania, is taking over the position of Executive Director of the Products and Retail Segments Division of Banca Comerciala Romana, the second largest bank on the local market.