Translator RO-EN
Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Japan’s Sumitomo Buys Romania's Farming Input Wholesaler Naturevo
Japanese group Sumitomo, which owns Alcedo in Romania, a major farming input wholesaler, has acquired Naturevo, also a farming input wholesaler, according to Naturevo representatives.
Finance Ministry Raises RON500M From Banks On June 17
Romania's Finance Ministry has raised RON500 million from banks on Monday (June 17), selling benchmark bonds at an annual average yield of 6.43%.
Competition Council Launches Inquiry Into Electricity Meter Reading Services Market
Romania's Competition Council has launched an investigation into possible manipulations of public tenders organized by certain contracting authorities/entities for the awarding of electricit...
Competition Council Assesses Takeover Of Astir Vitagiannis By Guala Closures
Romania's Competition Council is assessing a transaction through which Guala Closures S.p.A., Italy, plans to take over Astir Vitagiannis Bros. S.A., Greece, including its subsidiary, Coleus...
OMV Petrom Unveils EUR2B Investment Program At Petrobrazi Refinery
OMV Petrom (BSE:SNP), the largest integrated energy producer in Southeast Europe, will be investing nearly EUR750 million in the Petrobrazi refinery to transform it into the first major prod...
Raiffeisen Bank Launches MoonShotX To Support Companies Scale Up Their Businesses Regionally
Raiffeisen Bank Romania is launching MoonShotX, a project aimed at supporting companies with a turnover between EUR5 million and EUR50 million (Mid-Corporate) to scale up their businesses re...
Autonom Appoints BRD As Intermediary For Possible Bond Issue At Bucharest Stock Exchange In Q4/2024
Mobility network Autonom Services, founded by brothers Marius and Dan Stefan, has signed a contract with BRD – Groupe Société Générale S.A. (BRD) to act as an intermediary, in connection wit...
Grup Serban Holding Reports RON4.5M Net Profit For Q1/2024, Down 15% YoY
Grup Serban Holding (stock symbol: GSH), a Romanian entrepreneurial company operating in the agribusiness sector, ended the first quarter of 2024 with net profit of RON4.5 million, down 15%...
UniCredit Bank Acts As Joint Global Coordinator And Bookrunner In Nearly EUR291M Financing For Rezolv Energy-Low Carbon JV's Wind Energy Project
UniCredit Bank has completed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to EUR291 million for First Look Solutions SRL, a jo...
INS: Employment Rate For Working Age Population Hit 64.2% In Q1/2024, Higher By 1.2 Percentage Points vs Q4/2023
The employment rate for the working age population (15-64 years) was 64.2% in the first quarter of 2024, higher by 1.2 percentage points compared to the level recorded in the fourth quarter...
Romania Average Net Salary Up 0.6% In April 2024 vs March 2024
The average net salary in Romania edged up 0.6% in nominal terms in April 2024 compared to March 2024, to 5,217 (EUR1,049), data from the country's statistics board INS showed on Friday (Jun...
Statistics Board: Romania's Industrial Production Grows 12.1% YoY In April 2024
Romania’s industrial production increased by 12.1% in unadjusted data in April 2024 versus April 2023 and by 3.6% when adjusted for seasonality and the number of working days, data from the...