The fact that over 90 per cent of pupils have signed up for religion classes, despite “many efforts made by the schools and humiliating difficulties for the parents,†has the value of a referendum and calls the family, the school and the church to dialogue and cooperation for all-encompassing education, the Romanian Patriarchy informs. “After [...]
Romanian prime minister Marcel Ciolacu, the presidential candidate of the Social Democratic Party (PSD), said he had a "very good phone conversation" with US president-elect Donald Trump on Tuesday, November 19. During the call, the Romanian official congratulated Trump on his election victory and reaffirmed Romania's commitment to strengthening their Strategic Partnership. In his turn, […]
Analysts of the Concorde Securities brokerage house, based in Budapest, reiterate their buy recommendation and maintain the target price of RON 84 (versus RON 66.4 current market price) for the shares of the telecommunications operator Digi Communications (BVB: DIGI). The potential return thus amounts to 26.5%. "Key performance indicators are largely in line with our […]
The Terveystalo Group, the largest private healthcare operator in Finland, is reportedly in talks to take over Romanian peer Regina Maria in a deal estimated at EUR 1.0-1.2 billion from the investment fund Mid Europa Partners, according to Ziarul Financiar. The exit process envisaged by Mid Europa Partners...
CEC Bank, the largest state-owned bank in Romania, announced on November 19 at the Bucharest Exchange (BVB) that it prepared a prospectus to update the existing medium-term bond program (MTN Programme), approved by the Luxembourg financial sector supervisor (CSSF), in the sense of increasing its planned size from the equivalent of EUR 600 million to […]
Grants in total amount of RON 350 million (EUR 70 million) were given to two Romanian entrepreneurs under the Investalim scheme aimed at the food industry for developing two sunflower refining plants in Agigea (Constanta County) and Tantareni (Gorj County) under two projects with a total value of RON 650 million. The investments come after […]
Fitch Ratings improved the rating of Romanian financial group Banca Transilvania (BVB: TLV) from BB+ to BBB-, with a stable outlook, bringing the bank's shares in the investment grade area. The Viability Rating (VR) has been upgraded to bbb- from bb+. One week earlier, Moody's confirmed its rating for TLV at the equivalent level (Baa3), furthermore […]
