In the context of economic turbulence built up over the years and amplified to a worrying level by the prolonged electoral period, the American Chamber of Commerce in Romania – (AmCham Romania), calls for responsibility and dialogue, essential to prevent an irreversible decline in investor confidence in Romania.
The European Bank for Reconstruction and Development has subscribed PLN140 million (EUR33 million) in a PLN1 billion (EUR235 million) bond issue of Poland’s Żabka Group, which is present in Romania through the froo store brand.
Romania's Competition Council is looking into the transaction by which Metlife, Inc. intends to acquire PineBridge Investments Americas Holdings Limited and, indirectly, Digital Cable Systems S.A. and Akta Telecom S.A.
The Romanian leu has slightly extended gains against the euro by midday Friday (May 9) and the country's central bank set the leu’s reference rate at 5.116 units versus the euro, which is 0.1% higher than Thursday's level of 5.1222 units per euro.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, climbed on Friday May 9, to 7.31%, from 7.25% on Thursday.
Law firm Filip & Company has assisted the banking syndicate that granted a EUR100 million funding to MOOV Leasing, a Romanian operational leasing digital platform.