Starting November 26, 2024, the shares of two new companies listed on the Bucharest Stock Exchange, namely Turbomecanica (stock symbol: TBM) and Prebet Aiud (stock symbol: PREB), will be included in the MSCI Frontier IMI and MSCI Romania IMI indices, that include Small Cap, Mid Cap and Large Cap companies.
Romania's central bank has decided at its Board meeting on Friday (Nov 8, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
Entrepreneur Stefan Mandachi, who founded and subsequently sold Spartan restaurant chain, is investing EUR5 million in a 12 premium villa compound in Romania’s richest commune, Miroslava, located 8 kms away from Iasi.