Bucharest Stock Exchange (BVB) informs that on Tuesday, October 12, the bonds issued by the Polish company Aforti Holding worth RON 2mn will start trading on the Multilateral Trading System (MTS) under the stock exchange symbol AFH25. Aforti Holding, company registered in Poland, offers financial, technological, administrative and investment consultancy to the companies’ part of the Aforti Financial Group, each of them being specialized in various types of services and financial consultancy addressed to micro and small and medium enterprises. Aforti Holding is a company listed on the New Connect market of the Warsaw Stock Exchange, under the symbol AFH. Aforti Holding sold in a private placement held in September 2020 a number of 20,000 unsecured, unsubordinated corporate bonds with a nominal value of RON 100. Aforti Holding attracted from 44 investors the total amount of RON 2mn, intended to finance Aforti's activity in Romania. The bonds have the maturity date on September 4, 2025, and an annual interest rate of 10%, with a half-yearly payment. The private bond placement and listing were done with Goldring support. With the bond listing occasion, Aforti Holding team will ring the bell of the Bucharest Stock Exchange on October 12. The event will be broadcast LIVE, from 10:00, on BVB's social media channels Facebook, YouTube and LinkedIn.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
