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Consumer Loan Reference Index IRCC Grows To 5.98% For Q2/2023
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 5.98%, from 5.71 previously, seeing an increase of 0.27 percent...
ROCA Investments Completes New Round of Capital Increase
ROCA Investments, part of the Impetum Group, has completed a new round of capital increase, raising RON100 million for portfolio consolidation and development.
IBC Focus: Number of Construction Projects Up 20% in 2022
The number of construction projects increased by 20% to 29,719 in 2022, after two pandemic years with restrictions and significant changes in geopolitical tensions, IBC Focus says.
Laptaria cu Caimac Seeks Shareholder Approval for Capital Increase
Agroserv Mariuta (MILK.RO), the company behind the Laptaria cu Caimac brand, has convened shareholders on March 15, 2023 to propose a capital increase of up to RON500,000 through one or more...
Zitec Aims to Grow Team by 20%
Zitec, an IT and digital marketing services provider, seeks to hire 20 IT specialists, both for technical and non-technical positions.
CITR: Over 6,700 Companies Went Insolvent in 2022, Up 10% YOY
More than 6,700 companies entered insolvency in 2022, up 10% from 2021, but just 67 of them are major companies with assets of above EUR1 million, flat from the previous year, reveals a surv...
Three-Month ROBOR Ends Jan 16-20 Week At 7.28% A Year
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, on Friday, January 20, rose to...
Vodafone Group Increased Romanian Subsidiary Capital by EUR100M in November 2022
UK’s Vodafone Group, one of the largest global players in the communications industry, decided on November 22, 2022 to increase the share capital of its Romanian subsidiary by RON500 million...
Romania Central Bank Raises Key Rate To 7% A Year
Romania's central bank has decided at its board meeting on Tuesday (January 10), its first monetary policy meeting of 2023, to raise its benchmark interest rate by 0.25% percentage points to...