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Orange Asks OTE for EUR24M Price Cut for Telekom Fix
Technology &Telecoms

Orange Asks OTE for EUR24M Price Cut for Telekom Fix

France's Orange Group, one of the biggest players in the global communications market, has asked Greece’s OTE to lower the final price for the majority stake in former fixed-line monopoly Ro...

Loredana Frățilă-Cristescu · 11.03.2022 · 17:23 · 1 min
New Home Price Per Square Meter Has Doubled in Cluj-Napoca in 2010-2022
Real Estate

New Home Price Per Square Meter Has Doubled in Cluj-Napoca in 2010-2022

The price per net square meter of new homes has gone up 23% to 116% in Romania in 2010-2022, with the smallest increase being reported in Bucharest and the highest in Cluj-Napoca, ZF has cal...

Loredana Frățilă-Cristescu · 10.02.2022 · 10:04 · 1 min
Old Three Apartment Prices in Bucharest Rise to Highest Level since H1, 2009 in December
Real Estate

Old Three Apartment Prices in Bucharest Rise to Highest Level since H1, 2009 in December

December brought an acceleration in the average price increase of old three-room apartments in Bucharest, so that the amount paid by buyers climbed to EUR103,900, a decade high, unparalleled...

Loredana Frățilă-Cristescu · 06.01.2022 · 21:10 · 1 min
Azomures Temporarily Halts Production Due to Rising Power and Gas Prices
Companies

Azomures Temporarily Halts Production Due to Rising Power and Gas Prices

Azomures Targu Mures, one of the main producers of fertilizers for agriculture, is going to start preparations for the temporary shutdown of manufacturing operations, as a result of the risi...

Loredana Frățilă-Cristescu · 06.12.2021 · 16:10 · 1 min
Price of Old Three-Room Apartments in Bucharest Up 4.2% in October
Real Estate

Price of Old Three-Room Apartments in Bucharest Up 4.2% in October

October came with a fast-paced increase in the average price of old three-room apartments in Bucharest to more than EUR105,200, a decade high that has not been reached since the first half o...

Loredana Frățilă-Cristescu · 03.11.2021 · 08:00 · 1 min
Romgaz Officially Announces Price of ExxonMobil’s Stake in Neptun Deep: $1.06B
Capital Market

Romgaz Officially Announces Price of ExxonMobil’s Stake in Neptun Deep: $1.06B

Natural gas producer and supplier Romgaz (SGN.RO) on Tuesday evening notified the Bucharest Stock Exchange that its board of directors had endorsed the acquisition of 50% in Neptun Deep bloc...

Loredana Frățilă-Cristescu · 02.11.2021 · 19:59 · 1 min
Teraplast Seeks Shareholder Approval to Double Share Repurchase Price
Capital Market

Teraplast Seeks Shareholder Approval to Double Share Repurchase Price

Construction material manufacturer TeraPlast Bistrita’s (TRP.RO) board of directors has called shareholders for a meeting on December 3, 2021 to approve increasing the maximum price of the s...

Loredana Frățilă-Cristescu · 29.10.2021 · 17:14 · 1 min
Chimcomplex Doubles Share Buyback Price from RON15 to RON30
Capital Market

Chimcomplex Doubles Share Buyback Price from RON15 to RON30

The board of directors of chemical industry company Chimcomplex (CHOB.RO) has approved calling an Extraordinary General Meeting of Shareholders for November 26 to seek approval for raising t...

Loredana Frățilă-Cristescu · 19.10.2021 · 18:46 · 1 min
Old Three-Room Apartment Prices in Bucharest Up in August
Real Estate

Old Three-Room Apartment Prices in Bucharest Up in August

Old three-room apartment prices in Bucharest continued to increase in August, reaching more than EUR101,000, a decade high, which had not been reached since the first half of 2009.

Loredana Frățilă-Cristescu · 02.09.2021 · 20:48 · 1 min