Romania's Competition Council is analyzing the transaction through which Dona Logistica S.A. plans to acquire the VET Division from Vetro Solutions S.A.
Romania's Finance Ministry has raised RON345.4 million from banks on Monday (August 12), selling benchmark bonds, which is below the planned amount of RON500 million, at an annual average yield of 6.37%.
Romanian-held communications group Digi (RCS&RDS, DIGI.RO), the leading actor on the fixed internet and cable TV market with a share of 70% of the number of subscribers has become majority shareholder of West Network Invest – the special purpose vehicle used in the attempt to buy what is left of Deutsche Telekom and OTE’s business in Romania -Telekom Romania Mobile operator.
Private equity (PE) firms in Central Europe (CE) are overwhelmingly confident that 2024 will be a good year for investments, according to 84% of the participants to the latest Deloitte CE Private Equity Confidence Survey, as the sentiment regarding the economy continues to improve, with 31% of them expecting conditions to get better and 59% expecting them to remain the same.
Simtel Team, the national technology and engineering group in the field of renewable energy, on August 12 debuted on the Main Market of the Bucharest Stock Exchange under the stock ticker SMTL, after moving from the AeRO market.
Hotel company Aro-Palace (stock symbol: ARO) reported net profit of RON1.06 million for January-June 2024, up 25% from the same period of 2023, as per its half-yearly financial report published at the Bucharest Stock Exchange on August 12
Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, recorded loss of RON14.9 million in the first half of 2024, up nearly 119% from the level reported in the same period of 2023, in line with data from its half-yearly financial report published at the Bucharest Stock Exchange on August 12.
Romanian state-run port operator Oil Terminal (OIL.RO) saw its net profit surging 43% in the first half of 2024 compared with the year-earlier period, to roughly RON36 million, and its turnover climbing 36% to RON231 million amid higher tariffs and volumes, as per the company's half-yearly financial report published at the Bucharest Stock Exchange on August 12.