Danube freight carrier Transport Trade Services (TTS.RO) announced in a stock market report on Nov 6, 2023 that NAVROM, the main provider of river transport services within TTS Group, continues the EUROPA 2 type barge construction program started in the spring of 2023 by signing an additional contract with Romanian shipbuilder Santierul Naval Severnav (SEVE.RO).
Flip, the Romanian start-up that encourages circular economy by refurbishing phones and tablets that are reintroduced on the market as good as new, expects sales of EUR3.5 million for this year’s Black Friday campaign held between Nov 9 and 12, which would translates into a 30% increase compared to last year.
Romania’s largest online retailer eMAG projects sales of RON680 million on Black Friday, on November 10, almost RON36 million higher than in the 2022 edition of the sales campaign.
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (November 6), selling government paper in two auctions, at annual average yields of 6.83% and 6.03%, respectively.
The average office transaction size in the first nine months of 2023 was 1,810 square meters, the highest average recorded in the last four years and close to the record level of 1,900 sqm set in 2019, according to data from real estate consulting firm Cushman & Wakefield Echinox.
Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, is in advanced talks to sell locomotives to the largest private rail carrier in Slovakia.
Romania has been elected as member of the Executive Committee of the International Organization of Pension Supervisors (IOPS) for the 2024-2025 period.
Organic farm input producer Norofert (NRF.RO) posted RON1.1 million consolidated net profit in the first nine months of 2023, down 85% on the same time in 2022, while revenue stood at RON30.9 million, 42.1% lower, the company said in a report to the Bucharest Stock Exchange on Monday.