Real estate developer Imotrust Arad announced on Friday that it had taken out two loans from Banca Transilvania, one worth EUR8.47 million and the other RON4 million.
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, as well as for RON-denominated corporate loans, ends 2023 at 6.22%, slightly down from the previous day and 17% below the level posted at the start of the year, in line with BNR data.
Lucia Morariu, founder and owner of travel agency Eximtur, expects a sales volume of around EUR48 million for this year, 20% higher than last year.
Adela Margean, national sales manager at Ice Dyp Balas SRL, a Timis-based ice cream producer, says 2024 is likely to bring a sales decline because of the new tax changes and the VAT hike to 19% for sugary products.
2024 plans of electricity supplier Getica 95, owned by businessman Viorel Tudose, envisage the management of production capacities, as well as electricity storage.
Online retailer Elefant.ro, with bonds listed at the Bucharest Stock Exchange, has announced Thursday evening that Gherasim Briceag resigned from the position of Chief Financial Officer (CFO), effective December 29, 2023.
RCS Management, one of the vehicles through which billionaire Zoltan Teszari controls telecom giant RCS&RDS (Digi), will pay out interim dividends of approximately RON60 million to its shareholders for the first three quarters , as per a decision made at the General Meeting of Shareholders and recently published in the Official Gazette.
The modern office stock in capital city Bucharest stands at 3.5 million square meters at the end of 2023 and almost half of the market consists of buildings over ten years old, with the rest being delivered since 2012.