Flanco, the second largest actor in Romanian computer and electronics retail, has extended the term of office as Chief Executive Officer (CEO) of Dragos Sirbu for four more years, until February 10, 2028, as per a decision made by the Board of Directors and recently published in Romania's Official Journal.
Building materials manufacturer TeraPlast Bistrita (TRP.RO) has announced on Monday (Feb 26) the conclusion of an issuer market maker agreement with Raiffeisen Bank International AG (RBI).
The shareholders of Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Monday (Feb 26) designated the special administrator that will lead the debtor's activity and will represent their interests throughout the insolvency procedure, in the person of economist Ionel-Daniel Butunoi.
Romania's Finance Ministry raised RON580 million from banks on Monday (February 26, 2024) selling bonds with a nominal value of RON400 million due in 2034, at an annual average yield of 6.53%.
Concrete prefab manufacturer Prebet Aiud (PREB.RO) ended 2023 with net profit of RON906,400, lower than RON7.8 million reported for 2022, and a turnover of RON110.2 million, down 16.7% on the year, as per data from the company's annual preliminary financial report.