New Tezaur Treasury Bills Available As Of Monday, October 7
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, October 7, the ministry announced on Friday (Oct 4).
Oct 4, 2024
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Romania's Central Bank Holds Key Rate Steady At 6.5% a Year
Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
Oct 4, 2024
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ENCORSA-certSIGN Partnership Enables Romanian Companies To Enhance Document-Signing Processes
Encorsa, the Romanian digital transformation services integrator, has concluded a partnership with certSIGN, a provider of eIDAS-compliant trusted services and legally valid electronic archiving (…)
Oct 4, 2024
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Competition Council Approves Takeover Of G.I. Industrial Holding S.P.A. By Baxi S.P.A
Romania's Competition Council approved the transaction whereby Baxi S.p.A intends to acquire G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. Industrial Asia (…)
Oct 4, 2024
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Petru Pastry Shop Chain Aims to Cross 100-Unit Threshold in 3-5 Years
Petru pastry shop chain currently operates 70 units in ten counties of Romania, but the company plans to expand further, both on its own and in a franchise system, so that the network should go (…)
Oct 4, 2024
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Dozens of Romanians repatriated from Lebanon due to security concerns
Dozens of Romanians have been repatriated from vulnerable areas in Lebanon by the Romanian Ministry of Foreign Affairs on Thursday, October 3. The 69 individuals in vulnerable situations, (…)
Oct 4, 2024
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Storia: Average Old and New Apartment Prices Up 15% YOY in September 2024
Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia, the real estate platform launched by OLX, show, (…)
Oct 4, 2024
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Experts in Applied Behavior Analysis gather at international conference in Bucharest this month
Experts in Applied Behavior Analysis will come to Bucharest this month for the ABA Conference 2024 to discuss the latest findings and explore new ways to support people with autism. The event is (…)
Oct 4, 2024
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Damen shipyard in Romania builds drone aircraft carrier for Portugal
The Damen shipyard in Gala?i, Romania, is currently building a drone aircraft carrier for Portugal, the first of its kind in Europe. The shipyard has already produced 30 military and special type (…)
Oct 4, 2024
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Romania M&A Market in Jan-Sept 2024: 198 Deals, Up 8%
Romania M&A Market in the first nine months of 2024 registered 198 deals, up 8.2%, with the estimated value rising by 22% to $5.2 million, mainly supported by Energy and Utilities activity, (…)
Oct 4, 2024
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BLIK payment system gets central bank’s authorization to operate in Romania
The Board of the National Bank (BNR) authorized on October 1 the operation of the BLIK instant payment system in Romania. It will be administered and operated by BLIK Romania SA and ensure the (…)
Oct 4, 2024
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Romanian group Global Vision announces development of AI-Powered ESG platform
Global Vision, a leader in the Central and Eastern European real estate and energy sectors, proudly announces the development of its new AI-powered ESG platform. The platform, designed to enhance (…)
Oct 4, 2024
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US Embassy donates USD 95,000 for wooden church restoration in Romania’s Sighetu Marma?iei
US Ambassador to Romania Kathleen Kavalec announced a USD 95,000 grant for the restoration of a 16th-century wooden church at the Maramure? Museum in Sighetu Marma?iei, northwestern Romania. The (…)
Oct 4, 2024
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Erste Group and Salt Edge unite to bring advanced multi-banking services to the CEE region
With a rich history of over 200 years in the banking industry, Erste Group, a powerhouse in Eastern Europe’s financial services, has chosen to collaborate with Salt Edge, a leading open banking (…)
Oct 4, 2024
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Wrought Iron Maker Trutzi Reaches over EUR400M Turnover in 2023
Wrought iron maker Trutzi of Suceava, controlled by entrepreneur Ciprian Nutu, in 2023 generated turnover worth around RON403.8 million (EUR81.6 million), down 5% from 2022, in line with ZF (…)
Oct 4, 2024
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Glass Processor Moldoglass Sees 2023 Profit Slide 27.7%, To RON4.2M
Moldoglass, a company operating on the glass processing market, managed by entrepreneur Valentin Sumanaru, for 2023 reported turnover worth RON48.2 million (EUR9.7 million), slightly down, by 1.5% (…)
Oct 4, 2024
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Regina Maria Dental Clinics Set to Open Three Units in 2024-2025
Regina Maria Dental Clinics will open another three new stomatology clinics in late 2024 and early 2025 as the number of unique patients has doubled in the past year, explained Ionut Leahu, the (…)
Oct 4, 2024
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