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Today Friday, March 29, 2024 in the Romanian Newspapers



Korea’s DS Private Equity joins Romania’s Small Modular Reactors programme
Korea’s DS Private Equity (DSPE), part of Korea’s DS group, will join as a financial investor the Romanian project company RoPower, formed at this moment by state-controlled Nuclearelectrica (BVB: SNN) and private company Nova Gas and Power (the owner of the location), which is developing the (...) Mar 29, 2024
 





Hidroelectrica assures investments will continue despite 100% payout ratio
The CEO of Romanian hydropower group Hidroelectrica (BVB: H2O), Karoly Borbely, assured that despite the 100% dividend payout ratio proposed by the management, the company has enough resources (...)
Mar 29, 2024

 
Lebanese investors buy 50% of Romanian mineral water bottler Aqua Bilbor
Maria group, controlled by Lebanese investors, will take over 50% of the Romanian mineral water bottler Aqua Bilbor for a price of EUR 12 million after the national competition body greenlighted (...)
Mar 29, 2024

 
Romania tweaks energy capping scheme and prolongs it until March 2025
Romania will keep the electricity and natural gas price capping scheme for another year, until the end of March 2025, under an emergency ordinance passed on March 28. Some parameters of the (...)
Mar 29, 2024

 



Romania’s Govt. endorses EUR 450 mln grant scheme for underdeveloped regions
The Romanian government approved on March 28, at the proposal of the Ministry of Finance, a state aid scheme that provides grant financing for investments with a major impact on the Romanian (...)
Mar 29, 2024

 
Faist Eyes 10% Higher Turnover In 2024, Up To EUR55M
Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of British group Faist, has budgeted a 10% increase in turnover for 2024 vs 2023, up to EUR55 million, as (...)
Mar 29, 2024

 
Aquila Part Prod Com Seeks To Distribute RON85M Dividends From 2023 Profit: Yield Of 5.9%
Aquila Part Prod Com (AQ.RO), the market leader in the field of integrated distribution and logistics services for consumer goods, has called shareholders for an April 19 meeting to vote, among (...)
Mar 29, 2024

 
123 Form Builder Ends 2023 With Net Profit Of RON6M vs RON0.4M In 2022
Timisoara-based 123 FormBuilder, a cloud-based web form builder that enables businesses of all sizes to create surveys, forms, quizzes and polls, ended 2023 with net profit of RON6.3 million, up (...)
Mar 29, 2024

 
Retailer Coralia Com Ends 2023 With EUR14.1M Turnover, Up 8.1% YoY
Sighisoara-based Coralia Com, held by entrepreneurs Ovidiu Moldovan an Dan Per?e, reported a turnover of nearly RON70 million (EUR14.1 million) for 2023, up 8.1% on the year, as per calculations (...)
Mar 28, 2024

 
IKON Trading's 2023 Turnover Up 13.8% YoY To RON23.6M
IKON Trading, a distributor of professional products for beauty salons in Romania, reported a turnover of RON23.6 million (nearly EUR4.8 million) for 2023, up 13.8% from RON20.7 million (EUR4.2 (...)
Mar 28, 2024

 
Competition Council Approves Takeover Of Aqua Bilbor By Agro-Chirnogi SA Group And Maria Trading
Romania's Competition Council approved the transaction whereby Prime Capital Invest SRL and the group that includes Agro-Chirnogi SA and Maria Trading SRL intend to take over Aqua Bilbor SRL.
Mar 28, 2024

 



Computer Generated Solutions Romania Seeks 196 People For Its Brasov Center
Computer Generated Solutions Romania, the largest outsourcing provider in the local market, currently has 196 jobs available for customer service agents at its Brasov center, according to the (...)
Mar 28, 2024

 
Energy Ministry Calls Nuclearelectrica Shareholders To Approve Partnership With DSPE BETA Private Equity Fund
Romania’s only nuclear power producer Nuclearelectrica (SNN.RO) on Thursday notified the Bucharest Stock Exchange that its majority shareholder, the Energy Ministry wanted several items added to (...)
Mar 28, 2024

 
Euromoney: Raiffeisen Bank, The Best Provider Of Private Banking Services In Romania
Raiffeisen Private Banking, the division of Raiffeisen Bank, was named the best wealth management service in Romania at this year's edition of the Euromoney Global Private Banking Awards, the (...)
Mar 28, 2024

 
Denisa Simion, Deloitte Romania. Fraud Prevention: Key Investment For Business Success
Fraud prevention in corporate settings is not necessarily a matter of policies and procedures, but it is about cultivating a culture of integrity and vigilance among employees.
Mar 28, 2024

 
Porsche Romania Delivers 300 EV Charging Stations To Eldrive Romania
Eldrive Romania and MOON Power, part of Porsche Romania, the general importer of Volkswagen, Audi, Seat, Cupra, Skoda, Das WeltAuto brands, have signed a contract worth over EUR5 million, for (...)
Mar 28, 2024

 
Romania vows to support Moldova’s European path as Moldovan companies are looking to access Western investors through the Bucharest Stock Exchange
Romania is firmly committed to supporting Moldova’s European path and the Bucharest Stock Exchange can help strengthen the economic cooperation between the two countries allowing Moldovan (...)
Mar 28, 2024

 
Cooperation Between Romanian And Moldovan Capital Markets Backed By High Government And Private Sector Reps
The cooperation with the authorities and the private sector in Romania is essential for the transformation of the capital market in the Republic of Moldova into an engine of economic growth and (...)
Mar 28, 2024

 



 
 
Bento Proposes Distribution Of RON4.1M Dividends From 2023 Net Profit

Transelectrica Proposes Distribution Of RON20.5M Dividends, With 1% Yield

TeraPlast Borrows EUR13.2M From Banca Transilvania For Acquisition Of Companies Part Of Austria's Freiler Group

Conpet Ploiesti Concludes RON105M Contract With OMV Petrom

Amazon Development Center In Romania Reports RON52M Net Loss For 2023, Sixfold Higher YoY

Hidroelectrica Proposes First Dividend Since Going Public: RON13.99/Share

ELI Parks Develops Regional Logistics Center In Ploiesti For Returo

Electrical Equipment Distributor Promelek XXI Posts EUR44M Revenue In 2023

Cometex Opens Retail Park In Hunedoara In Over EUR4M Investment

Exclusive Networks Romania Appoints Bogdan Ciobanu CEO

Retele Electrice Muntenia Set To Complete Upgrades At Obor And Filaret Transformer Stations In Bucharest By End-2024

Air Schengen preparations lead to temporarily limited capacity at Bucharest airport

Romanian women’s handball teams face off in European League Final Four tournament

CMS Advises PPC On Completion Of Acquisition Of 84 MW Operational Wind Farm In Romania

EVERGENT Investments offers a 7.06% yield dividend. The Board of Directors convenes the Ordinary and Extraordinary General Meetings for April 29/30, 2024

Retele Electrice Muntenia Completes Modernization Of North Power Station In RON70M Investment

Novel by Romanian Mircea C?rt?rescu on the 2024 Dublin Literary Award shortlist

Deloitte: More Than Half Of Workers Around The World See Work Stress As Their Top Concern

RAF Typhoons arrive in Romania for NATO air policing mission

JT Grup Oil completes first phase of private oil terminal in Romania’s Constan?a Port

Romanian Consumer Protection Agency head warns of dyed chicken meat

Sfantu Gheorghe – A dream destination for families, in the Danube Delta

Romanian lawmakers reportedly targeted by Chinese government-backed hackers

Save the Children: Three mobile health caravans will travel to vulnerable rural communities in Romania

Fuel Wholesaler JT Grup Oil Completes Infrastructure Works for Future Oil Product Terminal, a EUR25M Project

Eurostat: Romania Ranks 21st Among the 27 EU Member States by GDP Per Capita, Ahead of Hungary, Croatia, Slovakia, Latvia, Greece, Bulgaria

Sibiu to host the Great Saxony Meeting from Transylvania in August

Altexpress integrated Logystec, after merger effective March 2024. Alexandra Turcu of Logystec appointed as CCO & Partner at Altexpress

Outdoor campaign promotes Romania as a tourist destination in Rome, Milan

CFA Analysts Anticipate 5.5% Budgetary Gap, 2.5% GDP Growth in 2024. Inflation Projected to Average 5.46%, Leu to Reach 5.0500 Units/Euro in Next 12 Months

BVB Expects RON12.6M Net Profit in 2024, with 31% Net Margin

Polish cattle farmers get subsidies nearly twice as high as in Romania

PPC buys 84MW wind farm in Romania

Bank lending losses stem in Romania without government-backed schemes

Romania surpasses Hungary by GDP per capita

Romania’s public spending spirals, pushing up deficit to 1.67% of GDP Jan-Feb

SIF Muntenia Becomes Longshield Investment Group

JYSK Opens Two New Stores In Bistrita And Husi, Grows To 140 In Romania

Prospectiuni Bucuresti Wants To Go To UAE

Private Pension Fund Metropolitan Life Increases Stake In MedLife To 5.1%

 


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