URBANO Shopping & Living, the largest retail park in Transylvania, located in the town of Floresti in the Cluj metropolitan area, opened on Thursday following an investment of more than EUR40 million by the URBANO Group.
Christian Tour is launching an initial public offering on the Stock Exchange on Thursday, May 21, seeking to raise up RON178 million. The offering is brokered by BT Capital Partners, via a capital increase combined with a secondary sale of shares by founder Cristian Pandel.
Romanian leu gained a bit of ground (1%) against the euro by midday Thursday (May 7) and the central bank set the reference rate at RON5.2661 per euro, slightly better than the all-time low of RON5.268 per euro on Wednesday (May 6).
Prefab (PREH.RO), a manufacturer of precast concrete parts held by entrepreneur Petre Milut, was the object one of the largest deals on the Bucharest Stock Exchage lately on Thursday, when 27.27 million shares or about 65% in it changed hands for RON64.3 million.
At 12:41 p.m. on Thursday, a DEALS transaction was registered in the Bucharest Stock Exchange system with a total of 13.1 million Evergent Investments (EVER) shares worth RON16.1 million.
Romania’s Finance Ministry has reopened a bond issue due in 2030 and raised RON600 million from banks on Thursday, as much as scheduled, at a yearly yield of 4.93%.