EY Romania is expanding its team of partners by recruiting Sebastian Popescu, who has also taken over the coordination of the consulting services line in the field of Grants and Incentives, effective March 18, 2024.
Delgaz Grid continues its investments in smart meters and the modernization of electrical networks in Suceava (northern Romania).
Norofert, a local producer of organic inputs for agriculture, has started the construction of an input production line in Watertown, South Dakota, a major agricultural area in the US.
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has signed for a syndicated loan facility totally worth EUR200 million to refinance the development of 40 A-class green logistic and industrial buildings with a combined leasable area of 565,000 square meters within CTPark Bucharest project.
CEC Bank, a lending institution controlled by the Romanian state via the Finance Ministry, in 2023 registered an estimated unaudited net profit worth RON515.8 million, up 15%.
The hotel sector continued its rebound in 2023, with a sustained increase in leisure tourism, with the number of Romanian tourists accommodated in local hotel structures nearing 7 million, very close to a record high, and also above the average of pre-pandemic years, reveals Colliers’ annual report.
Patria Bank (stock symbol: PBK) has informed investors in a stock market report on March 18 that Romania's National Bank approved the appointment of Grigore-Valentin Vancea to the position of Chief Executive Officer (CEO) and member of the Executive Committee of Patria Bank.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, inched up to 6.08% a year on Monday (March 18) after edging down to 6.07% a year on Friday (March 15).
Hexing Technologies Europe SRL, a subsidiary of Hexing Group, a provider of green energy solutions, listed at the Shanghai Stock Exchange, has leased 8,000 square meters within the Timisoara I Industrial Park project, held and operated by Globalworth.