Articles 201 - 225 of 10309 by " Loredana Frăţilă-Cristescu"
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Pension Funds Bought Into Antibiotice Iasi Following Sale Of Part Of Infinity Capital Stake
13 ian 2025
BCR Pensii and BRD Pensii, Pillar II private pension funds, which manage pensions for 1.4 million people, bought into pharmaceutical producer Antibiotice Iasi (ATB.RO), spending RON50 million during more
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Romanian Government Considers Becoming Majority Shareholder Of Electrica Again
10 ian 2025
The Romanian Government is considering regaining the majority stake of the Electrica Group (EL.RO), in which it currently owns 49.8%, Economedia reports. more
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Finance Ministry Raises Interest On Tezaur T-Bills
10 ian 2025
The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday, January 13, with one-, three- and five-year maturities and annual interests of 7%, 7.5% and 7.8%. more
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Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
10 ian 2025
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering the more
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EXE Software Sees 18% Growth In 2024, Almost Double The Estimates
9 ian 2025
EXE Software, a Romanian bespoke software development company, saw business growth in 2024 almost double the 10% target set at the beginning of the year. more
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International Alexander Conducted Layoffs At Brandl Factory In Sibiu At End Of 2024
9 ian 2025
At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate (ITM) Sibiu, which did not specify the name of the more
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Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers
9 ian 2025
The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an essential more
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Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business
8 ian 2025
Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives said on ZF more
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Agricultorul-Panimon Group Headed Towards RON1B Revenue
8 ian 2025
Agri-food group Agricultorul-Panimon based in Bacau and held by entrepreneur Ilie Mihai, ended 2024 with a preliminary aggregate revenue of over RON800 million and an EBITDA of more than RON90 more
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Infosan To Open New Ophthalmology Clinic In Bucharest
8 ian 2025
Private ophthalmology hospital Infosan is opening a new ophthalmology clinic in Iancului area in Bucharest in the first part of this year, following a EUR2 million investment. more
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Mega Image Owner Ahold Delhaize Completes Acquisition Of Romanian Retailer Profi From MidEuropa
3 ian 2025
Dutch-Belgian Ahold Delhaize Group, the owner of retailer Mega Image, has finalized the acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa for a price of around EUR1.3 more
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Romania Forex Reserves Rise To EUR62.13B In December 2024
3 ian 2025
Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023, Romania’s central bank announced on Friday (January 3, more
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Auction House Artmark Held 47 Auctions With EUR11.3M Sales In 2024
3 ian 2025
Art auction house A10 by Artmark held 47 auctions last year, slightly down from 2023, when it held 50 such events, but sales were up 24% to EUR11.3 million. more
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New Car Registrations Up 2.4% Year-On-Year In Romania In 2024
3 ian 2025
The number of new cars registered in Romania increased by 2.4% to 148,105 units in 2024, 58,470 of which were hybrid vehicles (35% more) and 9.765 were full electric (32% fewer), the association of more
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Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024
2 ian 2025
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. more
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Romgaz Completes Delisting Of GDRs From London Stock Exchange
31 dec 2024
Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that the delisting of the global depositary receipts (GDR) from the main market of the London Stock more
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Three-Month ROBOR Ends 2024 At 5.92% From 6.21% At The Beginning Of The Year
31 dec 2024
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, was set at 5.92% on December 31, 2024, more
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Grocery Retailer Annabella Opened 10 Stores In 2024
31 dec 2024
Store chain Annabella, one of the most powerful grocery retail businesses in Romania, opened ten stores in 2024 and invested in its second retail park. The park is located in Ramnicu Valcea and takes more
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Furniture Maker Taparo Lays Off 40% Of Employees
31 dec 2024
Furniture maker Taparo, which filed for insolvency in November, has sent the Maramures County Employment Agency (AJOFM Maramures) a notification about plans to fire 379 people or more than 40% of its more
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Special Construction Tax Postponed For 90 Days
30 dec 2024
The introduction of the special construction tax should be postponed for 90 days, sources close to the talks say, during which the government should discuss with the companies directly affected by it more
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Government Adopts Ordinance On Curbing Budget Deficit
30 dec 2024
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission. more
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No Special Construction Tax Yet, PM Ciolacu Says
30 dec 2024
The special construction tax will not be levied unless enforcement guidelines have been issued first and the finance minister has had talks with the major companies that have investments planned, more
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Kastamonu Romania Expects 2024 Turnover to Revolve around EUR160M
30 dec 2024
Kastamonu Romania, controlled by Türkiye’s Kastamonu Entegre, forecasts it will end the current year with turnover of around EUR160 million amid a positive market evolution in 2024. more
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Romgaz Makes RON170M Deposit With Exim Banca Romaneasca
27 dec 2024
Natural gas producer and supplier Romgaz (SNG.RO) on Friday announced having made a term deposit without auto-renewal option of RON170 million with Exim Banca Romaneasca. more
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Fly Lili Stops Flying To And From Brasov
27 dec 2024
Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025. more