State-run natural gas producer and supplier Romgaz (SNG.RO), made a term deposit without auto-renewal option, with the interest rate negotiated, with the Exim Banca Romaneasca on February 20, it said in a report to the Bucharest Stock Exchange on Friday.
The number of ailing companies in various stages, such as deregistration, insolvency, dissolution or suspension of activity will increase significantly this year, from 155,000 to 170-180,000, amid the slowdown in economic activity and the effect of new restrictions on micro-enterprises.
Precast concrete part maker Prefab Bucuresti (PREH.RO) held by entrepreneur Petre-Marian Milut, ended 2024 with RON86.5 million revenue, 21.6% lower than in 2023.
Romanian startup Rayscape, which specializes in development of artificial intelligence algorithms for interpreting medical images, plans to attract a new EUR3 million round of funding this year.