Banca Transilvania is granting a EUR25.3 million loan to parcel delivery company Sameday, held by eMAG, to support its medium-term investment plan.
The turnover of Romanian companies operating in the agricultural saw the second largest nominal annual increase in the last ten years, of over RON8 billion, touching a record high of RON68 billion in 2022, which is 48% higher than in 2018, as per KeysFin's annual “Romanian Agricultural Sector” study.
Over 60% of managers who participated in the Confidex survey are readying for more challenging work conditions or even a recession, which would follow the trend of markets in the region and the eurozone.
In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company, says that the Black Sea will not turn Romania into a regional player as people keep saying, because the estimated amount of natural gas will not be enough to at least cover domestic consumption.
Fondul de Pensii Administrat Privat (FPAP) Metropolitan Life has increased its ownership stake in Danube freight carrier Transport Trade Services (TTS.RO) to 5.1%, which translates into 3.06 million TTS shares.
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) has informed the capital market in a report on Nov 7 of the awarding of a contract for the supply of reactor tooling and components, as well as engineering services and technology, in support of the life extension of the CANDU reactor of Unit 1 at Cernavoda Nuclear Power Plant (Cernavoda NPP).
Optical retailer Lensa has continued fast-paced expansion in 2023 and so far has opened 35 stores, among which its first three international ones, in the Republic of Moldova, chief operating officer Nicoleta Dumitrescu said.