Banca Transilvania Raises EUR500M Via MREL Bonds From International Market

11.29.2023
Banca Transilvania (TLV.RO) financial group has again tapped international markets, raising EUR500 million via MREL (minimum requirement for own fund and eligible liabilities) bonds due in five years at a 7.25% coupon.
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Three Romanian Companies Recognized In Deloitte 2023 Central Europe Technology Fast 50
11.24.2023
Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe... more
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Tester Grup Completes Refurbishment Process Of Dacia – Renault – Nissan Service Center In Iasi, In EUR1.8M Investment
11.24.2023
Tester Grup, a car distributor in the region of Moldavia through Casa Auto, has completed the refurbishment process of the Dacia – Renault –... more
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George Agafitei Elected President Of Romanian Wind Energy Association
11.24.2023
The Romanian Wind Energy Association (RWEA) has appointed George Agafitei as its new president, effective November 23, 2023. more
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iHunt Switches To RON722,000 Loss In Jan-Sept 2023 From RON3.7M Net Profit In Year-Earlier Period
11.24.2023
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, has announced a net loss of RON722,200 for the first nine... more
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ADAA Receives Excellence Award For Supporting Local Entrepreneurship
11.24.2023
The Association for the Development of Local Entrepreneurship (ADAA) has received the Award of Excellence for supporting local entrepreneurship,... more
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UniCredit Bank Issues RON480M Senior Unsecured Corporate Bonds
11.24.2023
UniCredit Bank has successfully concluded a new issuance of senior unsecured corporate bonds in RON, carried out during the 21 – 24 November 2023... more
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Life Is Hard Benefits From Issuer Market Maker Services Provided By BRK Financial Group
11.24.2023
Life Is Hard (LIH.RO), a technology company listed on the AeRO market of the Bucharest Stock Exchange (BVB) since 2015, will benefit from the... more
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CFA Romania Analysts Project 6.28% Inflation, Expect Leu to Fall to 5.0541 Units/Euro in Next 12 Months
11.24.2023
Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the... more
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International Alexander Set to Cross EUR300M Threshold in Turnover by Yearend
11.24.2023
Logistic and freight forwarding group International Alexander of Arad, Romanian-held, the biggest player on this market, will go beyond EUR300... more
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Stada EUR50M Drug Plant in Romania, 70% Completed
11.24.2023
Stada Romania, the subsidiary of the German group of the same name, has finalized around 70% of the over EUR50 million investment in a new drug... more
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Accor, First International Hotel Chain Due to Reach 20 Units in Romania by Yearend
11.24.2023
Accor, the biggest international hotel group active in Romania, will, by yearend, have 20 hotels under the brands part of its portfolio on Romania... more
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Wiener Privatklinik Hospital Partners Up With Nord Medical Group For Romanian Patients' Access To Services In Romania And Vienna
11.23.2023
Wiener Privatklinik Hospital, one of the largest private hospitals in Austria, has concluded a strategic partnership with Nord Medical Group... more
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Finance Ministry To Carry Out New Issue Of Fidelis Government Bonds During Nov 27-Dec 15 Period
11.23.2023
Romania's finance ministry on Thursday (Nov 23) announced that it would carry out a new issue of Fidelis government bonds for retail investors... more
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Intertrade Group 2022 Turnover Up 44% YoY To RON161M
11.23.2023
Intertrade Group, a building company based in the town of Bacau and operating mostly in the infrastructure and industrial space sector, saw its... more
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Socep Constanta Raises RON9M Via Share Capital Increase
11.23.2023
Port operator Socep Constanta (SOCP.RO) has announced in a stock market report that it attracted RON9 million from investors during the capital... more
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Booking Holdings Center of Excellence Expands Office Space In Romania
11.23.2023
American group Booking Holdings, a global provider of online tourism services and related services, has announced the opening of a new office floor... more
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Orange Business Internet Security 2023 Report Unveils Most Common Cyber Attacks On Romanian Market
11.23.2023
Orange Business has released the new Business Internet Security 2023 report, providing a detailed overview of cybersecurity challenges in the past... more
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C&W Echinox: Bucharest's Calea Victoriei Ranks 40th Among World’s 50 Most Expensive Shopping Streets
11.23.2023
Romania’s capital city Bucharest has kept its 40th spot in 2023 too in a ranking of the world’s 50 most expensive shopping streets, with Calea... more
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PepsiCo Appoints Mihaela Hristea As Senior Marketing Manager Beverages
11.23.2023
PepsiCo, one of the leading players on the snacks and beverages market, has appointed Mihaela Hristea to the position of Senior Marketing Manager... more
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Finance Ministry Raises RON409M From Banks On November 23
11.23.2023
Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.