Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Major Energy Companies On Bucharest Stock Exchange Have RON153B Capitalization and RON24B Cash
The eight large energy companies included in the main index of the Bucharest Stock Exchange, BET, have a market capitalization of RON153 billion and about RON24 billion in cash and cash equi...
European Commission: Romania Does Not Meet Criteria For Joining Euro Area
The European Commission published the 2024 Convergence Report on Wednesday in which it provides its assessment of the progress non-euro area member states have made towards adopting the euro...
Digi Shareholders Approve RON1.25 Gross Dividend Per Share
Telecom operator Digi Communications (DIGI.RO) announced its shareholders approved distribution of RON1.25 gross dividend per share in the meeting on June 25.
Transelectrica Gets EUR64M Via Modernization Fund For 400 kV Overhead Electric Line
National grid company Transelectrica (TEL.RO) has secured EUR64 million non-repayable funding from the Modernization Fund, the company announced in a report to the Bucharest Stock Exchange o...
Former Kaufland Romania CEO Adrian Viman Reports Owning 5% In BRK Financial Group Via Princeton Investments
Princeton Investments SRL, equally held by Vasile Adrian Viman (former Kaufland Romania CEO) and Claudiu Viman, according to termene.ro, reported overshooting the 5% stake mark in BRK Financ...
CMS Advises Alcedo On Acquisition Of Naturevo
International law firm CMS has advised Alcedo SRL (Alcedo), a subsidiary of the Japanese conglomerate Sumitomo Group, on the acquisition of Naturevo, a Romanian distributor of agricultural m...
University Of Medicine And Pharmacy Of Iasi Gets EUR35.4M Loan From EIB
Romania’s Grigore T. Popa University of Medicine and Pharmacy of Iasi (UMF Iasi) is borrowing EUR35.4 milion from the European Investment Bank (EIB) to refurbish and upgrade campus buildings...
Rompetrol Rafinare Retools Hydrogen Power Plant At Petromidia Refinery
Rompetrol Rafinare (RRC.RO), a member of the KMG International Group (Rompetrol), has retooled the hydrogen power plant (HPP) in the Petromidia refinery, following an about $10 million inves...
Lidl Romania Gets New CEO
German-held discount retailer Lidl, the leader of the modern retail in Romania by sales, almost RON22 billion in 2023, will have a new chief executive officer as of September, José Alberto C...
Primark To Open Store In Iulius Town In Timisoara In August
International fashion retailer Primark will open a store in Iulius Town, the mixed-use complex developed by Iulius in Timisoara, on August 7.
Restart Energy Raises EUR3.4M Via Bond Issue, Half Its Target
Restart Energy One, one of the main independent suppliers of electricity and renewable power for household and small business customers in Romania, has announced it raised EUR3.35 million fr...
Romania Moves To EU Minimum Wage
The Government has approved the law on setting the EU adequate minimum wage. The bill will go to Romania’s Parliament next for expedited adoption, the Labor Ministry said.