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Shareholders of chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, on Thursday approved the admission of shares to trading on the main regulated market managed by the Bucharest Stock Exchange, at the standard tier, through transfer from the alternative trading system AeRO, per a stock market report.

BCR Social Finance and the European Investment Fund (EIF) have agreed to provide financing of RON75 million to small- and medium-sized enterprises (SMEs), non-governmental organizations (NGOs) and people engrossed in education and development of professional competencies, per information from Banca Comerciala Romana (BCR).

Retailer Profi, held by buyout investor Mid Europa Partners, has opened 80 new stores since the beginning of 2021, reaching 1,476 units across Romania.

In May 2021, the euro area seasonally-adjusted unemployment rate stood at 7.9%, up from 7.5% in May 2020. At the same time, the EU unemployment rate was 7.3% in May 2021, up from 6.9% in May 2020, according to data from Eurostat, the statistical office of the European Union.

Romania's finance ministry on Thursday raised RON2.2 billion (EUR0.44 billion) selling bonds maturing in August 2021 and November 2024, at average yields of 1.42% and 2.49%, respectively.

Real Estate developer One United Properties, one of the leading players on the Romanian real estate market, has concluded a pre-contract for the acquisition of a plot of land of 25,350 square meters, located on Soseaua Fabrica de Glucoza in Bucharest, and a part of the access road, within a transaction worth a total EUR20.64 million.

Romania's foreign exchange reserves declined to EUR36.831 billion at the end of June from EUR37.570 billion at the end of May, central bank data showed Thursday.

Erste Group, the majority shareholder of Romanian lender BCR, said Thursday it was merging its IT companies to create Erste Digital, one of the largest IT services companies in Austria and the Central and Eastern European region.

Rompetrol Rafinare (RRC.RO), part of KMG International and 44.7% owned by the Romanian state, seeks to reduce its share capital by as much as RON3 billion from the current share capital of RON4.4 billion to balance its book value to its nominal value.

MaxBet Romania, the leading gambling operator on the Romanian market with annual sales of over EUR100 million, has been acquired by private equity firm Novalpina Capital.

Romania manufactured 191,658 vehicles in the first five months of 2021, up 25% on the year, data from the country's carmakers association ACAROM showed Thursday.

Shares of Simtel Team (SMTL.RO), a Romanian engineering and technology company, started trading Thursday on the AeRO market of the Bucharest Stock Exchange.

Special steel producer COS Targoviste (COS.RO) has entered bankruptcy after the local court overruled its reorganization plan proposed by creditor Alphard Financial.

DP World, one of the leading port terminal operators in the world, plans to invest more than EUR50 million in Romania over the next two years, said Cosmin Carstea, CEO of DP World Constanta & DP World Logistics Romania, part of the DP World group.

Romania's seasonally adjusted unemployment rate inched down to 5.5% in May from 5.7% in April, data from the country's statistics board showed Thursday.

The restaurant, cafe and bar market reached RON13.2 billion at the end of 2020, 30% lower than in 2019. These are the first official data about the impact of the pandemic on the bar and restaurant market, one of the worst hit in both Romania and abroad.

Construction materials producer TeraPlast (TRP.RO) is investing EUR12 million in the production of packaging.

Danone Romania, the leader of the Romanian yogurt market, ended 2020 with a turnover of RON633 million (nearly EUR130 million), up little over 3% versus 2019, despite the challenges triggered by the COVID-19 pandemic, among which the closing of the hospitality industry, one of the company’s sales channels.

Anne-Marie Mancas has been appointed to the position of Chief Executive Officer and Executive Board Chairwoman of Generali Pensii.

Funcom, the main video games developer in Norway, is going to internalize the process of ensuring the quality of its games along with the opening of a studio in Bucharest, which will manage the QA (quality assurance) area of the company’s products.