NEPI Rockcastle has announced a budget of over EUR650 million for medium-term construction and redevelopment projects in Central and Eastern Europe.
Romania's Finance Ministry raised RON1.2 billion from banks on Thursday (March 21, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2030, at an annual average yield of 6.54%.
SII Romania, a multinational company specialized in software engineering and technology consulting, has announced the appointment of a new General Manager, namely, Iulia Surugiu.
The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2% pace of 2023.
Germany’s DIY retailer Hornbach has announced the expansion of the group’s IT hub in Romania.
New car registrations in Romania posted an 8.9% decline in February against the same month of 2023, to 11,339 units, of which 1,109 were full electric ones, up 6.6% year-on-year, and 3,736 hybrid ones, up 15% year-on-year, in line with data provided by ACAROM and ACEA.
State-run nuclear power producer Nuclearelectrica is set to submit to shareholders’ approval the proposal regarding the distribution of a gross dividend of RON3.71 per share, namely a total sum of RON1.12 billion from the 2023 net profit of RON2.4 billion.
The management of Infinity Capital Investments proposes the 2023 net profit of RON67.7 million be distributed to reserves, for own resources, to support future investments, based on a year 2024 full of uncertainties, which can create, along with inherent risks, investment opportunities.
Entrepreneur Florin Fodor, who almost two decades ago set up musical instruments store network Fly Music together with his wife Liliana Fodor, wants to expand further in Europe, with an online store to sell its products.
Moldovan Carmangerie, with activities in the meat industry and part of a group of companies founded and controlled by Moldovan family, will invest around EUR16.8 million in a new production unit in Sannicoara locality of Cluj county.
Prahova-based Feruccio Group, controlled by businessman Ninel-Aurelian Alexandru, is investing EUR2.5 million in a winery and has submitted a project for the development of a EUR1.7 million hotel based on funds granted under the Just Transition Program.