Romanian authorities issued 2,550 residential building permits in December 2023, 5.6% fewer than in November 2023 and 5.2% fewer than in December 2022, data from the country’s statistics board INS showed on Friday (Feb 2, 2024).
Bittnet Systems (ticker symbol BNET), the first IT company listed on the Regulated Market of the Bucharest Stock Exchange (BVB), is listing a new issue of stock exchange bonds on Friday (February 2, 2024), in the amount of RON10 million.
Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private energy investor of Ukraine, for the construction of green energy project with a total power of more than 53 MW.
SeedBlink, a local company that has developed an equity crowdfunding platform for tech startups, present in several European countries, plans to shift its attention to DACH region in 2024 after having focused in 2023 on activities carried out on the markets of the Netherlands and southeastern Europe.
Bacau-based Simba Invest, a major consumer goods wholesaler locally, in 2023 registered turnover worth around EUR170 million, 26% higher than in 2022, in line with ZF calculations based on company and Finance Ministry data.
Bucharest’s Emerald medical center, part of Sofmedica group, which opened a second clinic in Iasi last year, bets on new clinic in Timisoara, specialized in neurology, cardiology and oncology, according to the company’s officials.
Hanea family started Andu Sports business almost 27 years ago, manufacturing pajamas in its own production line. Later on, the entrepreneurs shifted to production of tracksuits and sportswear. Today, the business is at the second generation of entrepreneurs and Andu Hanea is the one who took over the company’s reins.
The number of companies in Romania resorting to insolvency proceedings in 2023 remained unchanged compared to 2022 level, namely, at 6,650 firms, according to an analysis conducted by CITR, leader of the local insolvency and restructuring market.