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.
Two castles in Romania's Cluj county, namely the Rákóczi-Bánffy Castle in Gilău and Bánffy Castle in Răscruci, will reopen in the coming weeks and host events dedicated to visitors. Rákóczi-Bánffy Castle in Gilău, one of Transylvania's historical monuments, will reopen its doors after a seven-year renovation process aimed at transforming it into a multifunctional cultural […]
The second edition of the Chicago Romanian Community Summit will take place on May 25, aiming to unite the Romanian community in Chicago. Leaders from various sectors - business, education, culture, and religion - will come together during the event to celebrate their shared heritage and establish a forum for addressing challenges. The summit also […]
In a recent promotional spot, Nicola Coughlan, Claudia Jessie, and Hannah Dodd, all part of the cast for Netflix’s hit show Bridgerton, played a game of True or False, Romanian Romance Edition. The game consisted of saying whether or not a particular superstition was actually true in Romanian folklore or if it was made up. The first […]
The organizers of the Untold and Neversea festivals in Romania announced the start of the 10th edition of their blood donation campaign - Blood Network. Under this initiative, blood donors can get free one-day tickets for the two summer events. This year's Blood Network runs between May 18 and June 30. Music fans can donate […]
Romanian mountaineer Adrian Ahriţculesei reached the summit of Mount Everest, Earth's highest mountain above sea level, after a 12-hour climb. The expedition, which started on April 11, is scheduled to end on May 30. "Ahriţculesei Adrian conquered the Roof of the World. He is on Everest (8,848 m). Next comes the hardest part of this […]
Hesburger, the largest chain of fast food restaurants in Finland and the Baltic countries, has entered the Romanian market with a first restaurant in Râmnicu Vâlcea. A family business with a history of over 50 years, Hesburger currently operates in nine countries and has over 470 restaurants. The company aims to open 10 new locations […]
