Japanese group Sumitomo, which owns Alcedo in Romania, a major farming input wholesaler, has acquired Naturevo, also a farming input wholesaler, according to Naturevo representatives.
Romania's Finance Ministry has raised RON500 million from banks on Monday (June 17), selling benchmark bonds at an annual average yield of 6.43%.
Romania's Competition Council has launched an investigation into possible manipulations of public tenders organized by certain contracting authorities/entities for the awarding of electricity meter reading service contracts in Romania.
Romania's Competition Council is assessing a transaction through which Guala Closures S.p.A., Italy, plans to take over Astir Vitagiannis Bros. S.A., Greece, including its subsidiary, Coleus Packaging Proprietary Limited, South African Republic
OMV Petrom (BSE:SNP), the largest integrated energy producer in Southeast Europe, will be investing nearly EUR750 million in the Petrobrazi refinery to transform it into the first major producer of sustainable fuels in the region.
Raiffeisen Bank Romania is launching MoonShotX, a project aimed at supporting companies with a turnover between EUR5 million and EUR50 million (Mid-Corporate) to scale up their businesses regionally.