June 29, 2022

MedLife Group Acquires Majority Stake In Profilaxis Center In Timisoara
Jun 29, 2022

MedLife Group Acquires Majority Stake In Profilaxis Center In Timisoara.

MedLife Group, the leader of the private medical services market in Romania, announced on Wednesday (June 29) the acquisition of the majority stake of 80% of the shares of SC M-Profilaxis SRL, one of the top polyclinics in Timisoara (western (...)

[Read the article in Ziarul Financiar]

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 (...)

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 selection process of state aid applications Finance Ministry published on Tuesday (...)

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 show.

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 draft, revenues will be revised upwards by RON 29.94 bln, the expenses by RON 32.59 bln, and the (...)

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, through which it raised RON 500.85 mln from institutional investors, with a maturity of 5 years. The (...)

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 the increase, by 10.8 points, of the current conditions component to 56.2% (notably above the 50 (...)

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 24,433 points on August 11, exceeding the previous record of 24,212 points established in (...) : all romanian news. Copyright © DIRECTWAY | News RSS |