Agroland Business System, which operates the largest network of agricultural stores in Romania, listed on the Bucharest Stock Exchange its second issue of registered, dematerialized, unsecured, and non-convertible bonds, with a total value of RON 6.92 million (EUR 1.4 million).
The bonds carry a nominal fixed coupon of 9.75% / year, payable semi-annually, with the principal repayment to take place on October 2, 2028, according to Agroland's note to investors.
According to the published...
Lender Banca Comercială Română (BCR), part of the Austrian Erste Bank Group, will use an EV modular truck to offer banking services in Romania's rural and small urban communities. The initiative, dubbed a "100% electric mobile bank," adds to the bank's first mobile unit, which went into use in October 2022. It is part of […]
Marius Costin took over as CEO of payment services provider Netopia Group starting March 14, while Niculae Vasile has been appointed the group's CTO, the company announced. Co-founder Felix Crisan had previously held both roles. Marius Costin, who was previously the CEO of PayU Romania and the CEE CEO of Mokka, will work "to strengthen […]
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The Romanian Diaspora Funding Network (RDFN), a philanthropic network comprising diaspora groups from Europe and the U.S, has launched a fundraising initiative aimed at supporting three civic organizations working to promote a transparent and accountable electoral process in Romania's upcoming presidential elections. The three organizations are Funky Citizens, Rădăuțiul Civic, and Declic. The three will […]
