Finance Ministry Seeks To Raise MTN Program Cap By EUR7B To Cover 2024 And 2025 Funding Needs
05.16.2024
The Finance Ministry has prepared a government decision draft to increase the value of the „Medium Term Notes” program by EUR7 billion from EUR68 billion at the moment to EUR75 billion.
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TeraPlast Bistrita Seeks To Boost Share Capital By RON22.2M Tops
yesterday, 02:03
Building materials producer TeraPlast Bistrita (TRP.RO) plans to increase its share capital by RON22.2 million at the most, by issuing 222,200,000... more
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Hungary's MiniCRM Logs EUR1M Turnover In Romania In 2023, Up 35% YoY
yesterday, 01:35
MiniCRM Software SRL, the local subsidiary of Hungary's company of the same name, specializing in the provision of CRM (Customer Relationship... more
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Digi Set To Launch Services In Belgium This Summer
05.17.2024
Telecommunications operator Digi (DIGI.RO) has opened its central office in Belgium, in Brussels, and is thus preparing the enter the Belgian... more
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Most Expensive Suburban Houses Are In Outskirts Of Bucharest And Cluj-Napoca
05.17.2024
The most expensive houses for sale in the outskirts of the major cities in Romania are located on the outskirts of Bucharest and Cluj-Napoca; the... more
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Romania Manufacturing Industry Orders Up 4.3% On The Month In March 2024
05.17.2024
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) increased by 4.3%, in nominal terms, in... more
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Romania Industrial Sales Up 6.9% On The Month In March 2024
05.17.2024
Romania’s industrial sales (on the domestic and external markets) increased by 6.9% in nominal terms in March 2024 compared to February 2024, but... more
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Finland’s Hesburger Group Enters Romania With Quick Service Restaurant In Ramnicu Valcea
05.17.2024
Quick service restaurant chain Hesburger is opening its first restaurant in Romania in Ramnicu Valcea and plans to open ten in all in its first... more
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tbi bank Signs Partnership Deal With Safety Broker Enabling Customers To Buy Insurance
05.17.2024
tbi bank has signed a partnership agreement with Safety Broker, whereby customers can buy insurance, including auto liability insurance RCA,... more
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FORT Shares Start Trading On AeRO Market Of Bucharest Stock Exchange
05.17.2024
The shares of cybersecurity company FORT, part of Bittnet Group (BNET.RO), started trading on the AeRO market of the Bucharest Stock Exchange,... more
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Alpha Bank Romania Reports EUR16M Net Profit in Q1/2024, Up 45%
05.17.2024
Alpha Bank Romania in the first quarter of 2024 registered EUR16 million net profit, up 45%, while the bank’s assets reached EUR4.7 billion, 8%... more
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Cereale Colect Distribution Hits RON1.2B Turnover in 2023, Up 40% YOY
05.17.2024
Cereale Colect Distribution, owned by entrepreneurs Tase and Dina Mergeani, generated RON1.2 billion turnover in 2023, up 40% from 2022, in line... more
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Packaging Maker Electric Ends Q1/2024 with 58% Turnover Growth
05.17.2024
Packaging maker Electric, owned by Buzaianu family, ended the first three months of this year with 58% higher turnover than in the same period of... more
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Transport Trade Services Sees Profit, Turnover Decline in Q1/2024 Vs Q1/2023
05.17.2024
Danube freight carrier Transport Trade Services ended the first quarter of 2024 with RON32.1 million net consolidated profit, down 63.9% from... more
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Dairy Importer Sole Mizo's Revenue Shrinks 5% To RON167M In 2023
05.17.2024
Sole Mizo Romania, part of Hungary’s Bonafarm group, posted RON167 million revenue in 2023, down 5% from the previous year, Finance Ministry data... more
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Dr Leahu Dental Clinics Enter New Era With Rebranding To Regina Maria Dental Clinics
05.16.2024
Dr. Leahu Dental Clinics, founded by dentist Ionut Leahu 14 years ago, became Regina Maria Dental Clinics after the Regina Maria healthcare network... more
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Keysight Technologies Romania Reports RON170.7M Turnover For 2023, Down 14% YoY
05.16.2024
Keysight Technologies Romania (the former Ixia), the local division of US Keysight Technologies, ended 2023 with a turnover of RON170.7 million... more
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Safety Broker Officially Becomes Part Of US-held Acrisure
05.16.2024
Safety Broker, the largest insurance broker on the Romanian market, has received the approval of Romania's financial regulator ASF to officially... more
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Electrica Signs Memorandum Of Understanding With Esyasoft Holding Ltd
05.16.2024
Electricity supplier and distributor Electrica (EL.RO) announced in a stock market report on Thursday (May 16) the signing of a Memorandum of... more
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Romgaz Establishes Natural Gas Supply Branch In Republic Of Moldova
05.16.2024
Romania’s state-owned natural gas producer Romgaz (SNG.RO) has informed its shareholders and investors in a report on May 16 about the... more
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Distributie Energie Electrica Romania Carried Out RON70.3M Investments In Q1/2024
05.16.2024
Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, carried out investments worth RON70.3 million in the first... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.