Financial information at 30 September 2023 Focus on the Lead the future strategic plan, prioritize value and operational efficiency. 3Q results fully in line with the confirmed 2023 financial targets. Commenting on the publication of these results, Christel Heydemann, Chief Executive Officer of the Orange Group, said: “In an unstable...
Thousands of people took to the streets of Bucharest on Sunday, October 19, to participate in the “Together for Women’s Safety” march, calling for stronger action against gender-based violence and improved protection for women and girls in Romania, news agency Agerpres reported. Similar awareness events...
Economy minister Radu Miruţă (USR) announced on October 18, after the conclusions of the report of the prime minister's control body regarding the disaster at Praid salt mine, which was flooded earlier this year, that he asked the Salrom management to resign but they refused, he asked for a meeting and they refused again, and […]
The individual investors placed orders for RON 47.4 million (EUR 9.5 million) worth of shares put up for sale by cold cuts producer Cris-Tim (BVB: CHF) under the Bucharest Exchange IPO, according to Ziarul Financiar reporting after the first day of the public offering. Some 67% of the tranche for individual investors...
Electricity supplier and provider Electrica (BVB: EL), with the Romanian state as the largest shareholder, began the procedure for obtaining the necessary permits for the construction of 15 electricity storage battery parks, with a capacity of approximately 1 GWh. The project is scheduled for completion by 2030. Electrica will thus capitalise on land it already […]
GE Vernova announced that it has entered into an agreement with Portugal's Greenvolt International Power to supply, install, and commission 42 onshore wind turbines with a capacity of 6.1 MW each to power a wind farm in southern Romania (Ialomița County), according to Economica.net. ...
The general government budget deficit in Romania increased by 7% y/y and reached RON 103 billion (EUR 20 billion) in January-September, according to data published by
