The Financial Supervisory Authority has approved the share capital increase prospectus of Roca Industry Holdingrock1 (ROC1.RO), a holding company which owns stake in several DIY and construction material companies and is 61% held by Roca Investments.
Romanian chemical fertilizer producer Azomures has announced the halt of ammonia and fertilizer production for December, just two months after resuming operations due to a set of policies and the lack of government action.
Companies in Romania with more than 500 employees are obligated to annually report transparently on sustainability and community investment practices, starting from January 1, 2025, in line with the new EU Directive.
Foraj Sonde Craiova, a local drilling company for the oil and gas industry, controlled by Valentin Cristescu (68.5%) and Emil Cristescu (26.3%), announced it sealed a RON146 million contract VAT not included with Romgaz for works at two exploration wells.
Michelin Romania, part of French group Michelin, one of the world’s largest tire producers, currently has 82 jobs available for the Zalau plant.
Lidas company, controlled by entrepreneur Elena Anastase, which owns a bakery plant in Mineri, Tulcea, as well as its own store network, ended 2022 with turnover worth RON110.7 million (EUR22.4 million), up almost 28% on the year.
The number of stakeholders in the Bucharest Stock Exchange, the operator of the Romanian capital market, has tripled in the past four years, more exactly from end-November 2019 to the same date of 2023, shortly after the company’s new board was elected.