(Reuters) - Romania's leftist government has set a price range of 11.2-15 lei per share in the initial public offering of a 10 percent stake in state-owned nuclear power producer Nuclearelectrica, the energy ministry said on Wednesday.Energy Minister Constantin Nita said earlier in the day that the cabinet aimed to get up to 350 million lei ($104.43 million) from the sale,
Romania's reformist party USR has voted to withdraw the support for its leader, Elena Lasconi, and instead endorse Bucharest mayor Nicușor Dan in the upcoming presidential election. The decision was made during an informal political committee meeting, where around 75% of members voted in favor of backing Dan, Biziday.ro reported. In her turn, Lasconi criticized […]
Romanian star swimmer David Popovici won the gold medal on Thursday, April 10, in the 200m freestyle event at the National Swimming Championships in Otopeni. Popovici won with a time of 1:45.07, more than 5 seconds ahead of Eric Ștefan Andrieș. Third place was taken by Robert Andrei Badea (1:50.85). The race was David’s first […]
Almost 68% of Romanians say they would like the level of foreign direct investment in Romania to increase (versus 15% who would like to see fewer foreign investors), according to a poll "on the population's attitude regarding economic patriotism and the vulnerabilities of the democratic regime," conducted by INSCOP at the behest of the Concordia […]
Belgian logistics real estate developer WDP has announced a EUR 52 million investment in expanding its logistics infrastructure in Dragomirești, on the outskirts of Bucharest, as part of a broader EUR 107 million development program also covering Ridderkerk in the Netherlands, according to
Romanian telecommunications group Digi Communications (BVB: DIGI) announced on April 10 that its subsidiary Digi Romania concluded on April 9 a notification regarding an additional credit facility of EUR 200 million to a senior facility agreement dated April 21, 2023, according to a note sent by the group to investors. The facility has a maturity […]
German discount store chain Penny plans to reach a network of 1,000 stores in Romania by 2035, from 417 currently, and earmarked a budget of EUR 3 billion for local development, according to the company's CEO Daniel Gross, quoted by Revista Progresiv. "In our first analysis...
