FTSE Russel has promoted the Bucharest Stock Exchange from Frontier to Secondary Emerging Market, a move which was hailed by Romanian authorities and market representatives. "It's the news of the year", the president of the Romanian Investor Relations Association (ARIR) told HotNews.ro. "A historic decision", the Finance minister said for his part.
The revenues generated by the telecommunications operators in Romania stagnated at RON 16.9 billion (EUR 3.4 billion) in Romania amid diverging dynamics of the number of subscribers in separate segments, according to a report published by the National Authority for Communications Administration and Regulation (ANCOM). Out of the total, fixed and mobile internet generated 37% […]
The value of goods purchased by Romanian customers from local and foreign online stores increased by 10% y/y to EUR 7 billion in 2023, according to the estimates of GPeC, ARMO, and the main players in the sector quoted by Profit.ro. This amount...
The capacity of the PV panels installed by Romanian households (prosumers) reached 1,554MWp at the end of February, according to the head of the market regulating body ANRE, George Niculescu, and reached 1,650MWp currently, according to sources quoted by Economica.net. The figure nearly matches the capacity of the dispatched PV parks...
Moldova's largest financial group, Moldova Agroind Bank (maib), which plans to list its shares at Bucharest Exchange, reported its net profit increased by 50% y/y to MDL 349 million (EUR 18.1 million) in Q1. The bank’s listing depends on legislative amendments in Moldova related to the mandatory disclosure of shareholders that turned particularly restrictive after […]
Romanian telecom operator DIGI Communications (BVB: DIGI) is launching operations in Belgium in partnership with Citymesh (part of IT group Cegeka), the mobile services being for the beginning provided partly through the network of the local operator Proximus, according to Economica.net. ...
Depictions, an exhibition of photography by Dutch artist Danielle van Zadelhoff, is scheduled to open at the National Museum of Art of Romania (MNAR) this month. The exhibition is meant as a dialogue between contemporary art and the works of the old masters. Some of the photographs will be showcased in a dialogue with the […]
