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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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