Life Is Hard (LIH.RO), a technology company listed on the AeRO market of the Bucharest Stock Exchange (BVB) since 2015, will benefit from the Issuer Market Maker (IMM) services provided by BRK Financial Group. On November 23, 2023, the company's market capitalization exceeded RON 57 mn.
Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average value of expectations for the next 6 months being 5.0097 units per euro and for the next 12 months 5.051/euro.
Logistic and freight forwarding group International Alexander of Arad, Romanian-held, the biggest player on this market, will go beyond EUR300 million in turnover this year after hitting EUR280 million last year, according to the company’s officials.
Stada Romania, the subsidiary of the German group of the same name, has finalized around 70% of the over EUR50 million investment in a new drug plant in Turda, Cluj county.
Accor, the biggest international hotel group active in Romania, will, by yearend, have 20 hotels under the brands part of its portfolio on Romania market, being the first international chain to reach this number.