Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between October 2 and October 11, 2024.
National grid operator Transelectrica (TEL.RO) notified the Bucharest Stock Exchange about the signing with the Energy Ministry of a new financing contract from the Modernization Fund for the “Pilot Project DigiTEL Power Lines of the Future – Switching the 400 kV Isaccea – Tulcea West OHL from simple circuit to double circuit” on September 27.
UK’s Kingfisher Group, which owns DIY retailer Brico Dépôt in Romania, is in talks to sell the operations in the country, market sources told ZF.
Norofert, a producer of organic farm inputs and provider of biotechnology for agriculture in Romania, ended H1/2024 with a RON1.8 million net profit, 40% lower than in the corresponding period of 2023, but above the initially budgeted level.
The names of the 15 finalist companies of BVB Arena 2024 program were disclosed last night at the already renowned Gala in the framework of the BVB Arena project organised by the Bucharest Stock Exchange.
CEC Bank Group in the first half of this year generated RON279.8 million net profit, with the Bank’s net profit reaching RON269.5 million.
Romanian startup Aysa.ai, a search engine optimization software dedicated to the e-commerce industry, has recently launched a new solution, called Adverlink.net, which operates as a marketplace connecting publishers and advertisers via a LaasS-type system.
Romanian startup Pluria, which in 2020 launched a platform via which company employees have access to flexible workspaces, adapted to the new hybrid work model, is enjoying significant expansion in Latin America, with the region currently bringing around 70% of its business.
Expanded polystyrene producer Hirsch Porozell ended 2023 with turnover worth RON192.1 million (EUR38.8 million), down around 20% from 2022, in line with ZF calculations based on Finance Ministry data.
Prysmian Cabluri si Sisteme, part of Italian group Prysmian, for 2023 reported turnover worth RON1.979 billion (EUR363.4 million), down 11.5% from 2022, in line with ZF calculations based on Finance Ministry data.