Erste Group on June 7 revised upwards the 12-month target price for the shares of Romanian medical services provider MedLife (BVB: M) to 6.06, up 12% above the current (June 11) trading price, and changed its recommendation from Hold to Accumulate based on Q1/2024 financial results.
The bank’s analysts explain the upgrading of the target price with the better-than-expected results of the first quarter and the “management-validated expectations” for the evolution of drivers of the...
The Romanian Cultural Institute (ICR) in London hosts a special event on June 24 to mark the permanent display of The Transylvania Florilegium, a two-volume botanical art album celebrating the unique flora of Transylvania. The books, donated by Addison Publications, are valued at GBP 25,000 and will be available for public viewing and consultation at […]
Romanian audiobook and e-book streaming platform Voxa has officially entered the Latin American market, continuing its international expansion with launches in Mexico, Colombia, Argentina, Chile, and Peru. The move brings the company’s technology to a region of over 300 million potential digital content consumers. The Latin American launch, which began in April 2025, marks a […]
The garden of the “Grigore Antipa” National Museum of Natural History in Bucharest announced the opening of a greenhouse with live tropical butterflies on Friday, June 20. The new space is located in the museum’s courtyard and is populated by tropical butterflies that can be seen in free flight. Among the butterflies are spectacular species […]
Judge Lia Savonea has been appointed president of the High Court of Cassation and Justice, Romania’s top judicial authority, following a vote by the Judges’ Section of the Superior Council of Magistracy (CSM), Hotnews.ro reported on June 23. Savonea received...
Romania's new government is weighing the introduction of a temporary tax on what it terms the "excessive profit" of banks, according to the ruling strategy confirmed by minister of finance Alexandru Nazare and cited by Economedia.ro on June 23. The measure is expected to generate...
Romania’s new government plans to repeal the current regulation requiring state-owned companies to distribute the majority of their annual profits as dividends, according to the official ruling strategy signed by the four-party coalition. Instead, profits generated by state-owned energy companies will be reinvested through a newly established energy investment fund,
