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Nuclearelectrica Makes RON478.8M Term Deposit With Exim Banca Romaneasca
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON478.8 million, the company informed its shareholders and (…)
Nov 20, 2024
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Gomag Expects Over EUR3.5M Turnover At End- 2024, Up 30% YoY
Romanian company Gomag, which puts an e-commerce platform at the disposal of online stores, expects to end 2024 with an increase of over 30% in turnover, to over EUR3.5 million, company (…)
Nov 20, 2024
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Teraplast Closes Acquisition Of 70% In Croatia’s Optiplast
TeraPlast (TRP.RO), the largest polymer processor in Southeast Europe, has notified shareholders and investors of having closed the acquisition of Optiplast d.o.o, following shareholder approval (…)
Nov 20, 2024
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Sinteza SA Oradea Signs Agreement With Lockheed Martin For Production Of Long-Term Storage Batteries In Romania
Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to license the GridStar® Flow technology for the (…)
Nov 20, 2024
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Amazon Closes Machine Learning Department In Romania
Amazon is closing its Machine Learning department in Romania, a decision that will affect 400 employees, says marketing, management and business consultant Doru Supeala, citing an official (…)
Nov 20, 2024
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SVN Report: Construction Permits For Residential Buildings In Bucharest Almost Halved Over Last Three Years
The number of construction permits for residential buildings in capital city Bucharest has nearly halved over the last three years, while the total usable area authorized for construction plunged (…)
Nov 20, 2024
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APTIQ Global strengthens its Romanian team by integrating CC Tax into APTIQ Tax division
By teaming up with CC Tax, APTIQ Tax will offer specialized financial solutions for SMEs APTIQ Global has announced the consolidation of its tax advisory division by expanding its integrated (…)
Nov 20, 2024
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BCG: Romania Sees $1.7B Worth Of M&A Deals In January-September 2024
Romania's M&A market recorded transactions totaling USD 1.7 billion at the end of September 2024, significantly higher than the USD134 million level recorded in the same period of 2023, (…)
Nov 20, 2024
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BCG Report: Romania Sees $1.7B Worth Of M&A Deals In January-September 2024
Romania's mergers and acquisitions (M&A) market recorded transactions totaling USD1.7 billion at the end of September 2024, significantly higher than the USD134 million level recorded in the (…)
Nov 20, 2024
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Delgaz Grid gets EIB loan to modernize its electricity grid in northeastern Romania
The European Investment Bank (EIB) is providing a EUR 200 million loan to Romanian energy distributor Delgaz Grid to modernize its electricity grid in northeastern Romania. The financing is part (…)
Nov 20, 2024
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Romania limits activity at Kyiv embassy amid rising security risks
The Ministry of Foreign Affairs (MAE) announced Wednesday, November 20, that Romania's embassy in Kyiv has reduced its operations to emergency actions due to escalating security concerns in (…)
Nov 20, 2024
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Oriental Art Gallery to open at National Museum of Art of Romania
The Oriental Art Gallery, a new permanent exhibition at the National Museum of Art of Romania (MNAR), is scheduled to open starting November 22. Located on the third floor of the museum’s HQ on (…)
Nov 20, 2024
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Entrepreneurial potential is strong in Romania, but fear of failure and financing barriers persist - report
Entrepreneurs in Romania correctly perceive business opportunities in the market but fear failure and see difficult access to financing as a significant barrier to business development. These are (…)
Nov 20, 2024
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Romanians prefer bank deposits, participation in capital markets at low levels, survey shows
When it comes to saving, Romanians prefer bank deposits, while the level of participation in the capital market is low, according to a research project carried out by Raiffeisen Bank and the (…)
Nov 20, 2024
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