The listing of minority stakes from state companies is beneficial for Romania's economy and can contribute to increased prosperity for Romanians, according to a study by CFA Romania Association.
Cris-Tim Family Holding debuted today on the Bucharest Stock Exchange's (BVB) under ticker CFH, becoming the first food industry company listed on Romania's main market. The company completed an IPO worth €89.3 million in late October.
Cris-Tim Family Holding, the Romanian food maker specialized in cold cuts and ready-meals, has announced its intention to launch an Initial Public Offering (IPO).
Local communication consultancy Graffiti Plus (GRF+) has announced its intention to go public this year on the AeRO market of the Bucharest Stock Exchange (BVB).
OMV Petrom and Romgaz have started construction of the offshore pipeline for the Neptun Deep project, marking progress in Romania's largest natural gas development. The 160-km pipeline will transport gas from offshore production platforms to shore.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.