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.
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
The European Commission announced earlier this week that it has selected four electrification projects developed by Romanian companies to receive funding of EUR 29.33 million from the Connecting Europe Facility fund. The CEF funding round involves a total of over EUR 600 million in EU grants, which will support...
Romania has won the international competition for a judge position at the UN Dispute Tribunal (or UNDT), with judge Adina Elvira-Ghiţă set to take over a seven-year term, according to the Ministry of Foreign Affairs (MAE). Romania secured 109 votes in the UN General Assembly during the international competition for filling a judge position at […]
The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]
The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro...
The Romanian government is preparing an emergency ordinance to ban salary-pension cumulation in the public sector, according to the document consulted by Economedia.ro. The draft ordinance includes other measures to reduce spending in public administration, such as suspending secondments and transfers. The...
