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Romgaz Submits Binding Bid to Acquire Exxon's Stake in Neptun Deep Black Sea Project
Energy

Romgaz Submits Binding Bid to Acquire Exxon's Stake in Neptun Deep Black Sea Project

Romanian state-owned natural gas producer Romgaz has submitted a binding bid to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, the compan...

Oana Gavrila · 31.03.2021 · 18:39 · 1 min
iHunt Lists Second RON7M Bond Issue on Bucharest Stock Exchange
Capital Market

iHunt Lists Second RON7M Bond Issue on Bucharest Stock Exchange

Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) is listing on Thursday, April 1, its second corporate bond issue on the Bucharest Stock Exchange under the ticke...

Oana Gavrila · 31.03.2021 · 15:35 · 1 min
Digi Sells Hungarian Operations After 23 Years
Capital Market

Digi Sells Hungarian Operations After 23 Years

Fixed and mobile communications group Digi (DIGI.RO) held by Oradea businessman Zoltan Teszari, on Monday night announced its most painful business decision ever: the exit from its second mo...

Loredana Frățilă-Cristescu · 31.03.2021 · 10:26 · 1 min
Electroarges Seeks to Expand Production, Create 170 Jobs
Companies

Electroarges Seeks to Expand Production, Create 170 Jobs

Romanian vacuum cleaner and home appliances manufacturer Electroarges, which has a production unit in Curtea de Arges, will invest EUR11.4 million to expand production.

Oana Gavrila · 30.03.2021 · 18:45 · 1 min
STK Emergent Sells 4% in Star Residence Invest
Capital Market

STK Emergent Sells 4% in Star Residence Invest

Star Residence Invest (REIT.RO), the first Real Estate Investment Trust listed on the Bucharest capital market, said in a market report Tuesday closed-ended investment fund STK Emergent has...

Oana Gavrila · 30.03.2021 · 17:00 · 1 min
Romcab Reports EUR62M Turnover in 1Q, Targets EUR240M for Full Year
Companies

Romcab Reports EUR62M Turnover in 1Q, Targets EUR240M for Full Year

Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO), recently returned to trading after being suspended since February 2017 following its insolvency, said Tuesday it had a turno...

Oana Gavrila · 30.03.2021 · 16:24 · 1 min
Bucharest Stock Exchange, SeedBlink Team Up To Support Romanian Entrepreneurial Innovative Environment
Capital Market

Bucharest Stock Exchange, SeedBlink Team Up To Support Romanian Entrepreneurial Innovative Environment

The Bucharest Stock Exchange (BVB) and equity crowdfunding-type platform SeedBlink signed a memorandum of understanding aimed at supporting the development of the Romanian business environme...

Ecaterina Craciun · 30.03.2021 · 10:58 · 2 min
Sphera Board Member Buys 11,000 Company Shares for RON168,300
Capital Market

Sphera Board Member Buys 11,000 Company Shares for RON168,300

Razvan Stefan Lefter, member of the board of directors of Sphera Franchise Group (SFG.RO), has bought 11,000 company shares for a total of RON168,300, the company said in a market report Mon...

Oana Gavrila · 29.03.2021 · 17:06 · 1 min
Agricover Holding's EUR40M Corporate Bonds Start Trading on March 31
Capital Market

Agricover Holding's EUR40M Corporate Bonds Start Trading on March 31

Corporate bonds totaling EUR40 million issued by Agricover Holding, one of the largest players in Romanian agribusiness, will start trading on the regulated market of the Bucharest Stock Exc...

Oana Gavrila · 29.03.2021 · 17:00 · 1 min