Income, an Estonian fintech company connecting investors with non-bank lenders, announced today its target to raise €1.5 million to expand its private debt investment platform.
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
The consolidated gross profit target is €123.5 million, 15% higher than the result for 2023, while the net profit is estimated to reach €105 million in 2024.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Romanian state-owned gas company Romgaz has reached an agreement in principle with fertilizer producer Azomureș regarding the acquisition of its operational activity as a transfer of a going concern.
Romania ranks first in the European Union for the real burden of electricity prices, with a nominal value 21% above the European average, according to an analysis published by the Intelligent Energy Association (AEI).
German defence group Rheinmetall is considering acquiring the bankrupt shipyard in Mangalia, in partnership with Swiss shipping company MSC. The potential takeover could transform the facility into a dual-use hub for military and civilian shipbuilding.
Romania's Ministry of Finance will launch the fifth edition of its Fidelis government bond programme from 8-15 May 2026, offering tax-free yields of up to 7.50% for lei-denominated bonds and up to 6.25% for euro-denominated issues.
The Romanian leu depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2688, up 0.97% from the previous rate, recording a new historic high.