Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, lists on Friday, April 8, on Bucharest Stock Exchange’s Main Market a new issue of corporate bonds, worth RON 351.5mn, under the stock ticker BCR27. It is BCR’s first bond issue on BVB’s market this year, while the total value of BCR bonds available for trading amounts to RON 3bn. ‘BCR has used intensively, in the recent years, the capital market for financing, being an essential partner for Bucharest Stock Exchange in promoting the available resources on the capital market for companies. Moreover, the BCR team is one of the innovators in the capital market, listing last year a green bond issue. We are glad that BCR continues to include the capital market in its financing strategy and that we will have, starting with April 8, a new issue of BCR corporate bonds on the Main Market’, said Adrian Tanase, Bucharest Stock Exchange CEO. ‘The BCR team reached a new record, by issuing bond issues worth RON 3bn, this fact being another proof that the Romanian capital market is a strong one, even in a difficult and volatile international context. Investors are looking for predictability and the Bucharest Stock Exchange is an example in the region, which shows the sustainability of the Romanian economy’, said Sergiu Manea, BCR CEO. BCR issued and sold 703 corporate bonds with a nominal value of RON 500,000 and with a maturity date on March 31, 2027. The interest rate is fixed, 6.76% p.a. This is BCR’s sixth issue listed on the Main Market. The first one already reached maturity. The second bond issue, worth RON 600mn, is available for trading starting with December 2019 under the stock ticker BCR26. Last year BCR listed three bond issues, one of which was of green bonds, BCR28, BCR28A and BCR28B.
Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. With nearly 20 years of experience in the real estate sector, Mihaela brings robust expertise in property management and leasing, operational […]
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit. The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations. Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services. Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
