Translator RO-EN
Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Competition Council Assesses Takeover By Romcim Of Two Concrete Stations Held By BCC Agregate Betoane
Romania's Competition Council is assessing the transaction through which Romcim SA intends to take over two Liebherr-type concrete production units, belonging to BCC Agregate Betoane SRL, lo...
American Investment Company Agrees To Acquire Romania's Artrom Steel Tubes S.A.
Artrom Steel Tubes, the Romanian seamless steel tubes producer based in Slatina and Resita, will be acquired by GLGH Steel, a subsidiary of American investment company Great Lakes Global Hol...
Romania Average Net Salary Up 2.3% In November 2024 vs October 2024
The average net salary in Romania increased by 2.3% (+RON120) in nominal terms in November 2024 compared to October 2024, to 5,388 (EUR1,084), data from the country's statistics board INS sh...
Holde Agri Invest Gets RON5M Loan From Shareholder SevenX Ventures
Farmland operator Holde Agri Invest (stock symbol: HAI) has contracted a loan worth a total RON5 million from SevenX Ventures, which owns 21.1% of the company's shares and is held by investo...
NXP Secures EUR1B EIB Loan To Advance Semiconductor Innovation In Europe, Including In Romania
NXP Semiconductors has secured a EUR1 billion loan from the European Investment Bank (EIB) to advance the company’s research, development, and innovation (RDI) investments across its broad p...
Terapia Cluj Announces Completion Of EUR1M Solar Power Plant Project
Terapia Cluj, one of Romania’s major drug makers and part of pharmaceuticals giant Sun Pharma, has finalized the project consisting of a solar power plant located on the company's industrial...
Romania's Antitrust Body Looks Into LPG Port Operations Market
Romania's Competition Council has launched an investigation into a possible abuse of dominant position by Octogon Gas & Logistics SRL in the liquefied petroleum gas (LPG) port operations mar...
Romania's Central Bank Further Leaves Benchmark Interest Rate Unchanged At 6.5% a Year
Romania's central bank has decided at its Board meeting on Wednesday (Jan. 15, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
Fuel Wholesaler JT Grup Oil Buys EUR3M Tanker Ship From Gazprom
Fuel wholesaler JT Grup Oil (stock symbol: GTG) has carried out a total investment of approximately EUR3 million that entailed the acquisition and modernization of the largest tanker ship wh...
Colliers: Romania's Land Market Ends 2024 With Nearly EUR450M Worth Of Deals, Similar To 2023 Level
The Romanian land market totaled around EUR450 million in 2024, which is similar to 2023 level, despite a difficult climate marked by political and economic uncertainty, according to estimat...
Statistics Board: Romania's Industrial Production Down 3.8% In November 2024 vs October 2024
Romania's industrial production decreased by 3.8% in November 2024, in unadjusted data, compared to October 2024, and by 0.6% when adjusted for the number of working days and seasonality, da...
Footwear Retailer Benvenuti Expects Steady Turnover In 2025
Footwear retailer Benvenuti, majority controlled by local entrepreneur Dan Pavel, expects its 2025 turnover to hold at least at the 2024 level when it neared the RON200 million (EUR40 millio...