Romania's wine production was 15% higher in 2023 vs 2022, despite coming from a total vineyard area slightly reduced compared to the previous years, in line with data from ONVPV, analyzed by Wines of Romania.
Romania's Finance Ministry raised RON654 million from banks on Thursday (February 15, 2024) selling bonds with a nominal value of RON500 million due in April 2030, at an annual average yield of 6.60%.
Romania's energy ministry and the companies Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea (part of the PPC Group in Romania, previously named E-Distributie Muntenia, Banat, respectively Dobrogea) signed six non-reimbursable financing contracts via the Modernization Fund.
Mihaela Rodica Suciu, the General Manager of Distributie Energie Electrica Romania (DEER), and Energy Minister Sebastian Burduja have signed new contracts for the financing of seven projects, with a total value of almost a quarter of a billion euros, and the non-refundable financing reaches EUR171 million.
Stay Fit Gym, Romania’s second largest fitness center chain, targets revenues worth around RON80 million in 2024, double the level of the 2023 result, based on its expansion and organic growth strategy.