The US investment fund Carlyle, which operates in Romania through its offshore gas venture, is assessing potential options to acquire the foreign assets of Russian oil group Lukoil, Reuters reported, as cited by
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.
The US investment fund Carlyle, which operates in Romania through its offshore gas venture, is assessing potential options to acquire the foreign assets of Russian oil group Lukoil, Reuters reported, as cited by
Record public investments amounting to about 8% of GDP in 2026 could offset the negative fiscal impulse generated by consolidation measures and support a firmer economic expansion next year, Daniel Dăianu, President of the Fiscal Council, told Ziarul Financiar on November 13. Romania anticipates economic growth...
Romania's industrial output increased by 0.9% y/y and by 1.1% y/y in the core manufacturing sector in Q3, after 2.6% y/y growth (+3.1% y/y in manufacturing) in September, according to data published by the statistics office INS. The annual growth rate in Q3 was slightly slower (+0.5% y/y and +0.6% y/y) when adjusted for the […]
Romania’s GDP increased by 1.6% y/y under the national methodology and 1.2% y/y under the methodology used by Eurostat, according to the flash estimate published by the statistics office INS. This resulted in a Eurostat methodology growth rate of around 1.4% for the first three quarters of the year. The GDP declined by only 0.2% […]
The Christmas markets have become major tourist attractions in certain cities, drawing visitors with their mix of traditional crafts, tasty foods, and festive atmosphere. Below we list some of the main ones, from those transforming historic squares to events held in major urban centers. Bucharest Christmas Market November 29 - December 28 Held in the […]
The Romanian Wind Energy Association (RWEA), the Romanian Photovoltaic Industry Association (RPIA) and the Renewable Energy Producers Organization in Romania (PATRES), representing members with a total installed capacity of over 6.5 GW, warn of the risk of a major bottleneck in the energy sector caused by the introduction, without a transition period and with an […]