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Electroalfa’s IPO Closes Early
The initial public offering, through which Electroalfa International sold up to 65.9 million new shares, or approximately 35% of the capital, was closed early on Friday, a few days before the deadline, amid high investor interest.
Three-Month ROBOR Ends 2024 At 5.92% From 6.21% At The Beginning Of The 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, was set at 5.92% on December 31...
Hidroelectrica’s IPO Closes
The largest share sale in the history of Romania ended on Tuesday, July 4 at 12 p.m., with the closing of the initial public offering of electricity producer Hidroelectrica (H2O.RO), where m...
BNP Paribas Personal Finance’s Consumer Finance Unit Cetelem to Cease Operations in Romania
BNP Paribas Personal Finance announces the start of the steps to cease operations of its consumer finance unit, Cetelem, in Romania, after having failed to find a partner to continue in the...
Electrica Will Not Extend Chief Market Officer’s Term
Electrica (EL.RO)'s management notified the Bucharest Stock Exchange that the mandate agreement as chief market officer of Catalina Popa had ended on December 11.E
Renault Stops Production of Logan MCV
The Renault group will stop assembling the Logan MCV when the second generation of Logan and Sandero ends and promises to replace it with a revolutionary car.
Low-Cost Era Coming to an End, As Almost 1 Milion Romanians Earn Over EUR1,000 Monthly Gross Salaries
More than 943,000 Romanians working under employment contracts earn over EUR1,000 (4,725 lei) in gross amount per month, according to the information supplied by the Labor Inspection Departm...
Nikolai Beckers To End Term At The Helm Of Telekom Romania
German Deutsche Telekom and Greek OTE groups, the majority shareholders of Telekom group, the largest fixed and mobile communications provider in Romania, are discussing appointment of a new...