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Today Friday, August 12, 2022 in the Romanian Newspapers



Heraeus Sees Revenue up 28% to RON291.1M in 2021
Solder paste and adhesive materials manufacturer Heraeus Romania, the local subsidiary of Germany’s Heraeus, posted revenue of RON291.1 million (EUR59.2 million) in 2021, up about 28% from the previous year, according to ZF calculations based on data from the Finance (...) Aug 12, 2022
 





Germany’s Knauf Insulation Plans RON648M Investment in Romania
Insulation materials manufacturer Knauf Insulation, part of Germany’s Knauf Group, has applied for RON90 million state aid, which would be part of a RON648 million investment, the results of the (...)
Aug 12, 2022

 
Five Best-Selling Mineral Water Brands Reach Almost 80% Market Share in Romania
The five best-selling bottled mineral water brands in Romania had a combined market share of 78.7% by value last year, data from market research company Market Vektor (...)
Aug 12, 2022

 
Romania's Govt. publishes budget revision draft
The Ministry of Public Finance published the budget revision draft for public debate on August 11. The general government budget deficit target is maintained at 5.8% of GDP. According to the (...)
Aug 12, 2022

 



Raiffeisen Romania issues RON 500 mln of 5-yr sustainability bonds
Raiffeisen Romania announced that it placed a new issue of corporate bonds in local currency (RON), the bank's fourth issue of MREL eligible bonds and the first series of sustainability bonds, (...)
Aug 12, 2022

 
CFA macroeconomic confidence index picks up in July but expectations remain gloomy
The Macroeconomic Confidence Indicator compiled by the CFA Romania Association based on a survey among its members increased to 37.5 points in July, from 36.5% in June. This was mainly due to (...)
Aug 12, 2022

 
Bucharest Stock Exchange reaches new record as BET-TR rises by 5.7% YTD
The BET-TR index, which reflects the evolution of the 20 most liquid securities from the Bucharest Stock Exchange (BVB) plus the dividends disbursed by companies, reached a new historical high of (...)
Aug 12, 2022

 
Romania's headline inflation eases marginally in July to just under 15%
Consumer prices increased by 0.9% in July, and the annual inflation edged down marginally under 15% YoY from just over 15% YoY in June, Romania's statistics office INS announced. The prices of (...)
Aug 12, 2022

 
Four of Top Ten Automotive Companies in Romania Plan RON1.7B Investments
Star Assembly, Pirelli Tyers Romania, Continental Automotive Systems and Dacia Automobile, four of the ten largest players in the automotive sector in the country, are planning investments of (...)
Aug 11, 2022

 
Finance Ministry Raises RON938M via Bonds, RON454M via T-Bills on Aug 11
Romania's Finance Ministry on Thursday reopened a bond issue due in February 2029 and borrowed RON938.5 million from banks, three times more than the scheduled RON300 million, at an average yield (...)
Aug 11, 2022

 
Raiffeisen Bank Raises RON500M from Sustainability Bond Issue
Raiffeisen Bank has placed a new corporate bond issue in lei, the bank's fourth eligible bond issue (MREL) and the first sustainable bond series, raising RON500.85 million from institutional (...)
Aug 11, 2022

 



THR Marea Neagra Reports RON15.2M Net Loss For 1H/2022
Romanian company THR Marea Neagra (EFO.RO), which manages 11 hotels and restaurants in seaside resorts, reported a net loss of RON15.2 million for the first half of 2022 versus a loss of RON11 (...)
Aug 11, 2022

 
Romanian Startup Parol Raises EUR450,000 In Pre-Seed Funding Round
Romanian startup Parol, which is developing an end-to-end technology that helps doctors and medical clinics provide better care to patients, saving time by taking over some of the administrative (...)
Aug 11, 2022

 
Transelectrica And Moldelectrica Sign Contract For Commercial Exchange Of Electricity Between Romania And Moldova
Transport and System Operators (OTS) Transelectrica and Moldelectrica on Thursday (August 11) signed a contract that will allow the allocation of capacity for commercial exchanges of electricity (...)
Aug 11, 2022

 
Wizz Air To Operate New Route From Romania To Cardiff As Of October 30, 2022
Low-cost carrier Wizz Air said it would operate a new route from Romania to Cardiff (Great Britain), starting October 30, 2022.
Aug 11, 2022

 
Three-Month ROBOR Drops Further To 8.02% On August 11
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, has dropped further to 8.02% a year (...)
Aug 11, 2022

 
A multidisciplinary cultural, artistic and scientific team is creating the first Museum of the Romanian Seaside
A team of artists, theorists, anthropologists, and biologists started research at the Black Sea, in collaboration with international specialists in the field of digitization, preservation, and (...)
Aug 11, 2022

 
Orsova Shipyard Ends 1H/2022 With RON2.5M Net Loss
Romanian shipyard Santierul Naval Orsova (SNO.RO) ended the first half of 2022 with a net loss of RON2.5 million, higher than the RON335,300 loss in the same period in 2021, and a turnover of (...)
Aug 11, 2022

 



 
CHANGE
 
 
Wizz Air to introduce new route linking Romania to Great Britain

Electromagnetica Revenue Down 48% YoY To RON110M In 1H/2022

OTP Bank Romania Posts RON14M Losses in H1

The Bucharest Symphony Orchestra plays three concerts in the BLACK SeaMPHONY music festival in Constanta

Fall in Love: Paolo Nutini to perform at festival in Mogoșoaia

2Performant Turnover Soars 49% YoY To RON16M In 1H/2022

Bolik the bear enjoying freedom in Zărnești sanctuary after being rescued from Ukraine

Nuclearelectrica to Keep Cosmin Ghita as CEO for Four More Years

Timişoara airport in talks to become commercial hub after deal with Abu Dhabi group

Summer Well: Festival held close to Bucharest starts this weekend, lineup includes Arctic Monkeys, Nothing but Thieves

Oil Terminal Ends 1H/2022 With RON17.8M Net Profit, Up 83 YoY

Reuven Azar takes over as Israel’s ambassador to Romania

CFA: Romania’s Inflation Rate To Stay In Double-Digit Territory At Least For The Next 12 Months

2Performant posts a 49% increase in turnover in the first half of 2022 and profit in the second quarter of the year

Transelectrica: Contract regarding electricity commercial trade between Romania and Republic of Moldova, signed

CFA Romania analysts predict economy deceleration in next 12 months

New Israeli Ambassador to Romania Reuven Azar arrives in Bucharest

NGO: More than 21,000 Romanian children have both parents or only supporting parent working abroad

Visitors can interact with families of ring-tailed lemurs in Targu Mures Zoo’s newest addition

Romania Average Net Salary Grows 1.2% In June 2022 Vs Previous Month

Romania’s Annual Inflation Rate At 15% In July 2022

Deloitte Property Index: Romanians need six annual salaries to buy a standard dwelling

Bucharest mayor promises not to hike district heating price next winter

Romanian Post issues NFTs on its 160th anniversary

RO Govt. clears EUR 150 mln project for connecting Brasov Airport to the rail network

Damen places sole bid to supply multirole ships to Romania’s emergency inspectorate

Israeli group BIG to develop 96.9MW wind farm in Romania

RO aluminium group Alro turns into profit as it focuses on processing

FDI: Foreign investors in Romania avoided building FMCG plants

RO minister will “not allow” wheat exports above production surplus

Bucharest District 3 mayor indicted for abuse of office

Bakery Producer Pambac Doubles Profit to RON27.5M in 2021

Domestic abusers in Bucharest and three Romanian counties will be tracked by means of electronic tagging as pilot project is finally launched

Antibiotice Wants to Develop Two Plants at Its Iasi Site

Nuclearelectrica To Sell RON392M Worth Of Electricity To Petrom Starting 2023

Wolf Theiss Assisted Raiffeisen Bank And BCR With EUR325M Loan To Romgaz In Transaction With ExxonMobil

Argus Constanta Shareholders Approve Contracting Bank Loans Of RON220M Tops For Working Capital

Alpha Bank Romania increases interest rate for savings products in RON and foreign currency

Government approves ratification of IBRD Loan Agreement on inclusive and green growth development policies

LabMin Budai: Number of Ukrainian nationals with employment contracts in Romania reaches 6,431

 


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