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Today Friday, March 29, 2024 in the Romanian Newspapers



BCR Contributes EUR84M To EUR435M Syndicated Loan Ford Otosan Romania Took Out
BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, of the Ford Transit Courier and Ford Turneo Courier models, as well as for the production of fully (...) Mar 29, 2024
 





Bucharest takes top spot in ranking of most affordable European capitals to live in
A new ranking has revealed the most affordable European capitals to live in, with Bucharest, Romania, topping the list. The ranking was compiled by personal finance experts at Finansvalp by (...)
Mar 29, 2024

 
Purcari Wineries Acquires Timbrus Purcari Estate
Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables it (...)
Mar 29, 2024

 
Zara To Bring “Pre-Owned” Program In Romania
Fashion brand Zara, one of the leading actors in the industry in Romania, will enter indirectly on the second-hand market in Romania this spring with its “Pre-Owned” program, launched in 16 (...)
Mar 29, 2024

 



Pambac Invests Almost EUR9M In Upgrades and Retooling
Pambac, one of the largest players in the milling and pasta product market in Romania, has budgeted investments of approximately EUR9 million for this year to upgrade its pasta plant, to retool (...)
Mar 29, 2024

 
Artists from six European countries come to Europavox Festival Bucharest in April
Europavox Festival Bucharest, an event aiming to highlight some of the newest and most interesting live music acts from all across Europe, returns to Control Club this spring for its fourth (...)
Mar 29, 2024

 
Romanian officials mark 20 years of NATO membership
Romanian officials marked 20 years since the country joined the North Atlantic Treaty Organization (NATO) on Friday, March 29, noting the importance of Romania’s membership in the defensive (...)
Mar 29, 2024

 
Premier Energy Targets Integrated Business Model
Premier Energy, the third leading household supplier of natural gas in Romania, held by Czech investment company Emma Capital, will focus on integrating the recently acquired CEZ Vanzare on (...)
Mar 29, 2024

 
Bucharest mayor says urban plans he blocked in court were billion-euro corruption scheme
The district urban plans (PUZ) endorsed by district mayors were corruption schemes generating billions of euros, Bucharest mayor Nicusor Dan argued. He said that four of the six such district (...)
Mar 29, 2024

 
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 (...)
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

 



 
 
Computer Generated Solutions Romania Seeks 196 People For Its Brasov Center

Energy Ministry Calls Nuclearelectrica Shareholders To Approve Partnership With DSPE BETA Private Equity Fund

Euromoney: Raiffeisen Bank, The Best Provider Of Private Banking Services In Romania

Denisa Simion, Deloitte Romania. Fraud Prevention: Key Investment For Business Success

Porsche Romania Delivers 300 EV Charging Stations To Eldrive Romania

Romania vows to support Moldova’s European path as Moldovan companies are looking to access Western investors through the Bucharest Stock Exchange

Cooperation Between Romanian And Moldovan Capital Markets Backed By High Government And Private Sector Reps

Symmetrica Invests EUR48M In New Factory Near Bucharest

Supermarkets will remain open on weekends, Romanian PM says

New shopping center to open in Romania’s Sinaia mountain town

Symmetrica invests EUR 48 mln in new concrete pavements factory near Bucharest

Head of Romania’s Consumer Protection Agency to run for mayor of Constan?a

Romanian president approves law prohibiting sale of electronic cigarettes to minors

Fortim Trusted Advisors: Companies Leased Fewer Office Spaces Outside Bucharest in 2023

Weekend calendar: Film festivals, exhibitions, concerts and more

US company co-founded by two Romanians tackles AI with open-source model

Bucharest’s MINA museum presents immersive dance show

Turbomecanica Proposes Distribution of RON9M Dividends from 2023 Profit

Antibiotice Iasi Commissions 2.5 MW Photovoltaic Plant

BBC acquires Romanian thriller series Spy/Master

Winemaker Jidvei Set to Hire 250 Workers from Nepal for Vineyard Works

Four-Star Hotel TTS Covasna Reaches RON9.2M Turnover in 2023

Transilvania Constructii Wants to Double Industrial Portfolio in Next 5 Years

Dunca Expeditii Ends 2023 with RON187M Turnover, Down 11% YOY

Greenpeace protests against Neptun Deep offshore project developed by OMV Petrom

Romania prolongs food price capping mechanism until the end of year

EPPO investigates fraudulent public procurement of EUR 7 mln tugboats in Romania

Labor cost in Romania, Bulgaria is a quarter of that in Western Europe

Alpha Bank Romania’s employees negotiate severance payments ahead of takeover

Romania’s Hidroelectrica to deliver 11% dividend yield from last year’s record profit

Romania’s Chimcomplex seeks contractor for EUR 100 mln CHP power plant

CFA Society Romania trusts Govt. can keep this year’s public deficit at 5.5%-of-GDP

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

 


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