Romania's finance ministry on Thursday (March 3) raised nearly RON456 million (EUR92.1 million), below the planned target of RON900, selling bonds and treasury bills and maturing in 2030 and June 2022, at annual average yields of 6.06% and 4.01%, respectively.
The world's largest sovereign wealth fund, with about $1,400 billion in assets, i.e. six times what the Romanian economy produces in a single year, was a shareholder in nine companies listed on the Bucharest Stock Exchange at the end of 2021, with a total investment value of about $97 million (RON432 million).
Business angels investment platform Growceanu has announced the launch of an investment application which facilitates the development of tech startup portfolios, eliminating all the hassle related to the administrative process, company representatives said in a statement on Thursday.
Euroins Romania, par of Bulgaria’s Eurohold Group, ended 2021 with underwritten gross premiums of RON2.2 billion (BGN888 million), up 67% from 2020, in line with data from the group’s financial report.
Online supermarket sezamo, part of Czech Rohlik Group, which will be inaugurated in Romania this spring, has announced the creation of some 1,000 jobs in its first year of activity on the local market.
The European Union's dependence on Russian gas must end and countries must insist more on alternative energy sources, Romania's President Klaus Iohannis told a joint news conference with European Commission President Ursula von der Leyen, held in Bucharest on Thursday (March 3).
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, has soared to 3.97% a year on Thursday (March 3, 2022) from 3.91% a year on Wednesday (March 2), in line with central bank data.
Independent law firm Noerr on Thursday announced that it recruited Anca Mihailescu as associate partner and head of its Energy Practice in capital Bucharest.
One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, said in a stock market report on Thursday that the One Cotroceni Park residential development has obtained the Green Homes pre-certification granted by the Romania Green Building Council.
Raiffeisen Bank ended 2021 with a net profit of RON788 million (EUR160 million), 22% higher than RON644 million in 2020, the Bank said in a stock market report on Thursday (March 3).
Romania's seasonally adjusted unemployment rate reached 5.7% in January 2022, data from the country's statistics board INS showed Thursday.
Emerson, part of US concern of the same name, active on the local market for over 15 years, signed a seven-year lease contract for 1,100-sqm office space in Bucharest’s Globalworth Campus C project.