Romania has received a positive opinion from the Organization for Economic Cooperation and Development (OECD) regarding corporate governance, said Corina Cretu, interim president of the Agency for Monitoring and Evaluation of Public Enterprises Performance (AMEPIP), on Saturday."In the three months since I have been acting as interim president of AMEPIP, I have managed, together with the team from the Government and the institution, to fulfill all the requirements of the European Commission regarding the operational functioning of the institution: publishing the minimum performance indicators for state-owned enterprises; collecting all points of view, drafting the text that was adopted by Government Decision on the Property Law, which will be debated in Parliament; adopting and publishing the procedure for controlling and applying sanctions for enterprises that do not fulfill their minimum obligations regarding profit or indicators or selection procedures for the Board of Directors," Corina Cretu wrote on Facebook.She mentioned that she has also resolved all the emergencies, including all the final reports of the companies belonging to the almost 1,400 local authorities."The OECD assessment is positive regarding our work on corporate governance, and this, as I said, was announced on Thursday in Paris, mentioned in the OECD Assessment Report," Cretu mentioned.Corina Cretu said she was certain that regarding the selection process of the new management, organized by an independent commission, the Government will make a rigorous analysis and will decide in the coming days how to proceed.
The Board of Directors proposes a gross dividend of RON 0.11/share, with a 7.64% yield. RON 97.8 million is the estimated fund allocated to dividends in 2024. The own share buyback operation is within 4.46% of the share capital. The net result of RON 263.66 million increased by 29.4% compared to 2023. The value of […]
DIY retailer Dedeman has acquired approximately 6 hectares of land near the Giurgiu customs, at the border with Bulgaria. The transaction, brokered by real estate consultancy Colliers, brings Dedeman to the last county in Romania where it had no stores, allowing it to expand its network further. Dedeman, controlled by entrepreneurs Adrian and Dragoş Pavăl, […]
Dulcinella, a Romanian network of confectionery and pastry shops with Bessarabian roots, aims to increase the number of locations by 80%, from 20 to 100, by the end of 2026. Of these, 80% will be created through franchising or operation, two types of partnerships defining Dulcinella Group's strategy in the coming years, it said. By […]
Romanian Cosmin Crăciun drove approximately 26,000 kilometers from Buzău, southern Romania, to Yakutsk, Russia, the coldest city in the world, using his personal car. His journey took 53 days roundtrip. Crăciun began his expedition in January of this year, traveling through Turkey, the Caucasus Mountains, and Kazakhstan before reaching the first destination on his itinerary, Lake […]
Rubik Hub is refocusing this year’s edition of its international scaling accelerator, Rubik Scale, from the US to the UK. The organization has opened two spots for seed-stage startups that aim to expand in the UK. Applications are open until April 10 on the official website. “Just like startups, we need to keep a close […]
Jason Derulo, the international music star known for hits like “Wiggle” and “Talk Dirty,” is set to make his debut in Romania at the FOMO – Festival Of Modern Owners. However, he’s not performing this time but sharing his entrepreneurial insights as a speaker. At the event in Romania, the music superstar, who has sold […]
