Foreign minister Luminita Odobescu welcomed a delegation of the American Chamber of Commerce in Romania (AmCham Romania), led by its president, Cristian Sporis, the Foreign Affairs Ministry (MAE) announced on Friday.According to a press release the ministry sent to AGERPRES, the agenda of the meeting, which took place on Wednesday, included possibilities for cooperation to advance common objectives in terms of attracting investment in strategic areas, strengthening Romania's economic, commercial and energy role at regional level, including through participation in the reconstruction of Ukraine, joining the OECD, Romania's inclusion in the Visa Waiver Program, Romania's accession to the Schengen area."Minister Luminita Odobescu appreciated the support of AmCham and its member companies for the implementation of Romania's foreign policy priorities, both in relation to the main strategic partner, the U.S., and other regional partners. She also reviewed the main foreign policy objectives in the current global political and security context, requesting AmCham's continued support for their achievement," the press release said.In turn, the president of AmCham Romania highlighted the main concerns and action priorities of the organization's member companies, underlining the efforts to lower the visa refusal rate for the U.S., an essential criterion for Romania's access to the VisaWaiver Program.AmCham Romania was established in 1993 at the initiative of the local subsidiaries of six major American companies (Coca-Cola, Colgate-Palmolive, Computerland, Delta Airlines and Honeywell), together with several American companies present in Romania at that time.AmCham was established on the basis of the Agreement on Trade Relations between the Government of Romania and the Government of the United States of America. The organization represents 550 companies based in the U.S., Romania and other EU member states.
Romanian telecom group DIGI Communications (BVB: DIGI), with a market capitalization of RON 5.76bn (EUR 1.16bn), announced that the company’s management proposes to distribute RON120mn (EUR 24mn) as dividends for the fiscal year 2023, the equivalent of a gross yield of nearly 2.1%. The company’s price soared by 58% y/y compared to the 41% y/y […]
Romania’s competition body Consiliul Concurentei cleared the transaction by which Intesa Sanpaolo SpA intends to take over the Romanian bank First Bank from the US fund J.C. Flowers, according to a press release from the authority. Intesa Group is active in Romania through its subsidiary, Banca Comercială Intesa Sanpaolo Romania. Upon the takeover, Intesa will […]
Fintech start-up MetaWealth, which tokenizes real estate properties, announced it partnered with real estate developer One United Properties in a EUR 20mn framework agreement for rental apartments that will give MetaWealth investors access to the residential projects developed by One United. MetaWealth will list three new assets, to be purchased from One United, on its […]
US president Joe Biden thanked his counterpart Klaus Iohannis for Romania's activity within NATO, 20 years after the country joined the Alliance – as the main message conveyed by Biden after the meeting of the two on May 7 in Washington. "You [Romania] exceeded all expectations 20 years ago when you joined NATO. Thank you […]
The Board of Directors’ motion was on the Ordinary General Meeting of Shareholders’ agenda of April 29, under which a gross dividend of 0.09 RON/share was approved. The EVERGENT Investments shareholders have approved the Activity program and the Revenue and Expense Budget for the year 2024, stipulating an investment program amounting to RON 155.8 mln. […]
Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]
