Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 17 the signing of an agreement to access non-refundable European financing in the amount of approximately EUR3.4 million, through the National Recovery and Resilience Plan (PNRR).
Romania's Finance Ministry raised RON511.3 million from banks on Thursday (Oct 17, 2024) selling benchmark bonds, above the planned amount of RON400 million, at an annual average yield of 6.82%.
Poland’s Elemental Holding Group based in Luxembourg has taken over the majority stake in Romanian ACC Recycling Services and plans to invest almost EUR20 million in a plant for recycling electronic and electrical equipment waste in Deva, Hunedoara County, the group said.
Pharmaceuticals company Sanofi Romania, the local division of French giant Sanofi, has announced the appointment of Buğra Kulak as Head of Pharma and Country Lead of Sanofi Romania.
Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thursday (October 17).
Romania's Competition Council is analyzing the transaction through which Essilor International SAS intends to take over Optical Investment Group SA and its subsidiary, Optical Network Services SRL.