BRK Financial Group (BVB: BRK) has maintained its buy recommendation for the shares of drug manufacturer Antibiotice Iasi (BVB: ATB), with a target price of RON 1,396 and a subsequent 12-month growth potential of 16%.
"[Antibiotice] pursues objectives such as capitalizing on production capacities, increasing the market share of products, doubling turnover and improving profitability. In the first semester (...), the company focused on the diversification of production, including in the...
The high-end natural plum jam sold by Sonimpex under the brand Topoloveni is not in demand by the target market of Cash&Carry chain Metro – owners of small proximity stores and HoReCa firms, the German retail chain said in response to discrimination accusations expressed by the Sonimpex owner, quoted by
The leader of Romania's Liberal Party (PNL), Nicolae Ciuca, formerly prime minister and currently co-president of the country's ruling coalition, confirmed for Digi24 firm plans to run in the presidential elections this autumn. This should boost the party's score in the...
Amethyst Romania, a radiotherapy clinics chain set up by the entrepreneur Ludovic Robert, has started the EUR 10 million project of a new center in the northwestern part of the country at Satu Mare. This will be the fifth Amethyst hospital dedicated to oncological treatments in Romania, after the existing units in Bucharest, Cluj-Napoca, Alba […]
Romania’s natural gas company Romgaz (BVB: SNG), with Rothschild Bank as its adviser, hired JP Morgan to lead the consortium of banks that will intermediate the sale of bonds on the foreign market under an MTN scheme aimed to finance the Black Sea gas project, Neptun Deep, Ziarul Financiar announced...
The government of Romania took steps to increase the ceiling of the Medium Term Note (MTN) scheme by EUR 7 billion to EUR 75 billion, citing the EUR 8.5 billion financing needs in 2025 but also another EUR 0.6 billion-1.6 billion issues this year and potentially EUR 1 billion in case not all the Resilience […]
Thursday the European Commission, together with Ukraine, Moldova, Romania and the US are inaugurating the renewed Ukrainian-Moldovan border crossing point in Reni, Ukraine. As part of the Solidarity Lanes initiative, the Commission supported works on this border crossing point to allow for smoother traffic flow through the border as well as better connectivity between Ukraine, Moldova […]
