Building materials producer TeraPlast Bistrita (stock symbol:TRP) has announced in a stock market report that on August 7 Romania's Financial Supervisory Authority (ASF) approved the prospectus regarding the issuance of new, ordinary, nominative shares in the context of the company's share capital increase.
Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local industrial sector.
Romania's central bank has decided at its Board meeting on Wednesday (August 7) to lower its benchmark interest rate to 6.50% a year from 6.75% a year, starting August 8.
Romania's Competition Council is assessing the transaction through which Youssef Laoun and Toni Khoury intend to acquire Toneli Holding SA and Toneli Eco Farms SRL.
PPC Group (Public Power Corporation) has announced that it has signed an agreement with Evryo Group, owned by Macquarie Asset Management, to acquire their renewable energy generation portfolio in Romania, which comprises 629 MW RES (renewable energy sources) in operation, and about 145 MW in pipeline assets.
Romania continues to rank third among European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of EUR1,504/sqm in 2023 for a new home, slightly up from EUR1,461/sqm in 2022, in line with Deloitte Property Index 2024 survey conducted on the basis of data from the main cities of 24 countries.
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, reported residential sales and pre-sales of 123.3 million euros in the first half of 2024, up 2% from the year-earlier performance.