Building materials producer TeraPlast Bistrita (stock symbol: TRP) has announced in a stock market report on Wednesday (Sept 11) the decision of the Board of Directors to increase the company's share capital by RON22 million.
Arad-based builder P.A.B, held by the Sandu family, has filed for bankruptcy, according to a court case registered on September 10, 2024.
Beraria H, the company operating the largest beer hall in Southeast Europe, which is located in Bucharest's Herastrau Park, has announced that it won a tender for a plot of land of over 30,000 square meters, located in Romania's north-eastern city of Iasi, where it plans to develop an extensive urban regeneration project.
Romanian-British start-up Ogre AI, which specializes in providing artificial intelligence-based forecasting solutions for the energy sector, has reached a total investment of EUR6 million after recently getting new funding of EUR3 million.
The Foreign Investors Council (FIC) criticizes the quick adoption of an emergency ordinance on tax amnesty by the Government, arguing that although tax amnesty may have certain short-term benefits in terms of tax collection, in the medium and long term it discourages voluntary compliance and brings uncertainties for good-faith taxpayers.