Romania's Finance Ministry raised RON500 million from banks on Monday (Nov 4), selling government paper at an annual average yield of 6.04%.
New registrations of road vehicles for passenger transport increased by 4.7% in the third quarter of 2024 compared to the third quarter of 2023, data from the country’s statistics institute INS show on Monday (Nov 4, 2024).
UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due diligence process, UniCredit has bought from Alpha International Holdings S.M.S.A., a wholly owned subsidiary of Alpha, a stake of 90.1% in Alpha Bank Romania S.A. (“Alpha Bank Romania”) for a price made up of 9.9% of UniCredit Bank S.A.’s (“UniCredit Bank Romania”) share capital and about EUR255 million in cash.
eMAG Group, one of the largest retailers in the region, is starting the 2024 Black Friday sales campaign on November 8 and expects to exceed RON800 million in sales, eMAG representatives told a press conference organized by the company.
Masterbuild General Contractor & Developer has completed the works on Pitesti Shopping Park, developed by Square 7 Properties in partnership with Belgian investment fund Mitiska REIM.