Companies activating in the Romanian financial market received from foreign shareholders capital injections of 34.05 million euros in the first 5 months, on the drop by 40% compared to the same period of 2021, amounting to 56.9 million euros, according to the National Office of Trade Registrar (ONRC). The biggest capital infusion of 21.42 million euros was received in April by NBG Leasing, followed by Grawe Romania Insurance, with a capital infusion of 3.92 million euros in May. Patria Bank increased its social capital with 3.3 million euros in February, Euroins Romania received 2.42 million euros to its social capital in May, and NN Insurance got 2.18 million euros in May. In January, Porsche Leasing Romania increased its social capital by 790,900 euros. Data published monthly by the Trade Registrar includes the first 40 companies which got contributions to the social capital, according to the value of amounts allocated.
US Secretary of State Marco Rubio, on July 31, had a conversation with Romanian Foreign Minister Oana Țoiu about the most important aspects of bilateral relations. In a post on X, Țoiu said her visit to the US, planned for September, would prepare President Nicușor Dan's official visit to Washington early next year. I had […]
Romanian technology group Visual Fan, best known for its consumer electronics brand Allview, announced that it has signed a partnership with Trina Storage, the energy storage division of the Chinese company Trina Solar, for the development of a battery energy storage system in Topliţa, with a capacity of 65 MWh. This is the first project […]
Romanian energy group OMV Petrom (BVB: SNP) announced its sales revenues dropped by 7% y/y in Q2, resulting in a 1% y/y contraction to RON 17.0 billion (EUR 3.4 billion) in the whole H1, while its net profit plunged by 17% y/y in Q2 and 21% y/y to RON 2.1 billion in H1, according to […]
The volume of building permits for retail spaces in Romania, measured in square meters, surged by 53% y/y to 303 thousand square meters in H1, according to data published by the statistics office INS. The number of projects rose by 42% y/y to 261. The residential construction segment, driven by the individual (as opposed to collective) […]
Romania has completed the renegotiation process of the National Recovery and Resilience Plan (NRRP) with the European Commission, a process that has been going on for more than a year, Minister of Investments and European Projects Dragoș Pîslaru said on July 31, during a press conference, according to
President Nicusor Dan on Thursday stated that there is still discrimination in Romanian society, while people tend to avoid responsibility.He participated in the ceremony marking the European Day of Commemoration of the Victims of the Holocaust against the Roma."May God forgive them! It is our obligation to know our history and to assume our history, […]
