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More regulations for non-banking financial institutions in Romania

October 16, 2017
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Seven in ten Romanian employers give Easter bonuses or days off

About 71.2% of the employers who participated in the latest survey carried out in Romania by the eJobs recruiting platform say that they will offer extra benefits to company employees during the Easter holidays this year.  Compared to last year, the value of the benefits offered to employees is higher, as declared by 40.5% of […]

Poll shows Romania’s far-right parties lose ground but remain second-largest force

A poll conducted by INSCOP for News.ro during April 12-20 shows that the ruling coalition made up of the Social Democratic Party (PSD) and the National Liberal...

UK's Eleco pays EUR 1.55 mln for Romanian software developer

Eleco, a specialized software supplier listed on the Alternative Investment Market of the London Stock Exchange, has acquired the Vertical Digital group of companies, consisting of Vertical Digital and Sons of Coding, software companies based in Oradea and Timisoara. Vertical Digital and Sons of Coding were acquired for an initial sum of EUR 1.3 million […]

Romania’s Uzinsider plans for turbine factory in Ploiesti

One of the companies in the Romanian group Uzinsider, controlled by businessmen Emanuel Babici and Constantin Savu, has announced that it is taking steps for the construction of hydraulic turbines within a factory in Ploiesti and will submit a request for 75% of the project to be financed under the Just Transition mechanism dedicated to […]

WB to speed up EUR 1 bln loans for Romania's risk management and green, inclusive growth

The representatives of the World Bank, during their meeting in Washington with representatives of Romania's Finance Ministry, assured that the Bank would speed up the contracting process for loans of approximately EUR 1 billion to the country to finance development policies aimed at green and inclusive growth (Development Policy Financing/Loan – DPF/DPL) and risk management […]

Romanian fuel distribution company JT Grup Oil plans EUR 12 mln IPO at Bucharest Exchange

Romanian independent fuel distribution company JT Grup Oil initiated the procedures and announced plans to carry out a public offering (IPO) by which 10 million new shares worth EUR 12 million and accounting for 28.5% of its capital would be followed by the listing of its shares at Bucharest Exchange (BVB), according to still incomplete […]