Conpet Shareholders Approve RON58M Dividends, With 7.72% Yield
The shareholders of Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) approved in their ordinary general meeting of April 25 the distribution of RON58.7 million as dividends owed to (...)
Apr 26, 2024
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Colliers: 18% more residential properties sold in Bucharest in Q1, buying intentions remain high
The residential market had a strong start in 2024, with the first quarter ending with an 18% increase in the number of residential transactions in Bucharest compared to the same period last (...)
Apr 26, 2024
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Sonja Wehsely, executive vice president CEECA Siemens Healthineers: The MAGNETOM Flow is the first plug-and-play 1,5T MRI scanner ever and can improve access to healthcare
Siemens Healthineers, the medical technology branch of the German multinational, recently launched its newest MRI scanner, the MAGNETOM Flow, during an event held in Bucharest on April 24. (...)
Apr 26, 2024
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Former Romanian president, PM investigated for crimes against humanity in 1990 miners’ riot case
The Romanian General Prosecutor's Office officially announced the indictment of former president Ion Iliescu, former prime minister Petre Roman, and former deputy prime minister Gelu-Voican (...)
Apr 26, 2024
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Uber Green arrives in Romania’s Bra?ov
Uber launched its Green service in the popular mountain city of Bra?ov, in central Romania, on April 25, with a fleet of environmentally friendly vehicles such as Toyota Prius, Hyundai Ioniq, (...)
Apr 26, 2024
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Romania signs joint declaration calling for the release of all hostages held by Hamas in Gaza
State leaders from Romania, Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Hungary, Poland, Portugal, Serbia, Spain, Thailand, the United Kingdom, and the (...)
Apr 26, 2024
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Save the Children: 45% of births to mothers aged under 15 in the EU are from Romania
Almost half (45%) of births to mothers under the age of 15 in the European Union (EU) states come from Romania, where one in ten newborns has a teenage mother, according to a recent study by (...)
Apr 26, 2024
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Romgaz Approves RON524M Dividends from 2023 Profit
Romania’s state-owned natural gas producer Romgaz has informed the capital market about its shareholders’ decision to distribute 20% of 2023 net profit under the form of dividends.
Apr 26, 2024
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CFA Analysts Forecast 2.7% Economic Growth, 5.4% Budgetary Gap in 2024. Inflation Expected to Average 5.33%, Leu to Reach 5.0419 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate (...)
Apr 26, 2024
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Bucharest District 1 mayor indicted for appointing herself as manager in project
The mayor of Bucharest’s District 1, Clotilde Armand, is facing serious legal implications after she was indicted. Prosecutors have accused her of self-appointing as the manager of an (...)
Apr 26, 2024
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Survey: Almost two-thirds of Romanians believe country met all criteria for full Schengen membership
Nearly two-thirds of the respondents to a recent INSCOP survey believe that Romania met all the criteria also to join the Schengen area with its land borders, but some states block the country’s (...)
Apr 26, 2024
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Raiffeisen Set to Send RON860M Worth of Dividends to Vienna, Half 2023’s Record High Profit
Raiffeisen, the Romanian subsidiary of the Austrian group of the same name, will distribute dividends worth RON860 million, namely half the record high profit of 2023.
Apr 26, 2024
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Poland’s Spyrosoft Solutions Posts RON46M Turnover, RON5.7M Profit in Romania in 2023
Spyrosoft Solutions SRL, the local subsidiary of Poland’s software engineering company, in 2023 registered RON46 million turnover, over fourfold bigger than in 2022.
Apr 26, 2024
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Kaufland Opens Unit in Nasaud, Reaches 178-Unit Network in Romania
German retailer Kaufland has opened a new unit, in Nasaud city, Bistrita-Nasaud county, thus reaching a network of 178 hypermarkets nationwide.
Apr 26, 2024
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