The gold gram went up in price on Wednesday by 4.7284 lei (1.21%) getting to a quotation of 393.9593 lei from 389.2309 lei as they announced on Tuesday the National Bank of Romania (BNR), having a new record value.The national currency depreciated on Wednesday by comparison to the euro which was calculated by the BNR at 4.9758 lei up by 0.03 bani (0.01%) against the previous quotation, of 4.9755 lei.The leu lost ground against the American dollar, which was quoted at 4.5675 lei up by 0.72 bani (0.16%) as compared to Tuesday, when it was situated at 4.5603 lei.The national currency was depreciated against the Swiss Franc, calculated by BNR at 5.3002 lei, up by 0.51 bani (0.10%) against 5.2951 lei, the previous quotation.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
Producer Ada Solomon has been elected chair of the board of the European Film Academy, marking the highest level of representation the Romanian film industry has achieved within the institution. Solomon was chosen by more than 5,400 Academy members across Europe, according to the official announcement. Dutch producer Leontine Petit and French producer Matthieu Darras […]
