Category: Uncategorized
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EVERGENT Investments proposes a dividend of 0.135 lei/share to its shareholders
The Board of Directors convenes the Ordinary General Meeting of Shareholders on December 18/19, 2025 The Board of Directors of EVERGENT Investments, an investment company listed under the ticker EVER, has convened the Ordinary General Meeting of Shareholders for December 18/19, 2025. The proposal submitted for shareholders’ approval is the distribution of dividends from reserves…
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City Grill Group: Dining out is becoming a social experience again
City Grill Group surpasses EUR 63.5 million in revenue in the first 10 months With one in six people affected by loneliness, according to the WHO, restaurants are once again becoming essential spaces for reconnection, and dining out is reclaiming its role as an authentic social experience. City Grill Group, the largest Romanian-owned restaurant chain,…
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Apple’s Sports app is now available in Romania
The Apple Sports app, which provides real-time information and results from multiple sports, became available in Romania this week following a major European expansion, according to the company. The US smartphone maker made the app available in 20 European countries, including Romania. Now available in the App Store on the company’s devices, the Apple Sports…
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Bucharest Stock Exchange 30th Anniversary: Returns from equities outpace real estate, state bonds
The Bucharest Stock Exchange (BVB) kicked off a series of week-long events on Monday, November 17, to mark its 30th anniversary. Brokers, investors, and regulators discussed the evolution of Romanian equities, investment funds, and financial education. They stressed that the local stock market has offered higher returns than other types of investments. The first day…
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Photo-documentary exhibition dedicated to William Blake arrives in Craiova this month
An exhibition dedicated to the work of William Blake will open at the “Alexandru and Aristia Aman” Dolj County Library in Craiova between November 28 and December 12. Titled William Blake’s Painting in the Light of Sahaja Yoga, the photo-documentary display is curated by Carol and Luis Garrido (UK), whose 14 years of research led…
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Romanian tech group AROBS ups net profit, revenues in first nine months of 2025
AROBS Transilvania Software (BVB: AROBS), a leading entrepreneurial technology company listed on the Bucharest Stock Exchange (BVB), recorded consolidated revenues of RON 328 million in the first nine months of 2025, up 7% compared to the same period last year. According to the company’s report, EBITDA also reached RON 50 million, a 15% increase, while…
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Aukera secures EUR 60 mln debt facility to finance battery storage project in Romania
Brussels-based Aukera Energy said that it secured a EUR 60 million debt facility from Kommunalkredit Austria AG to finance the construction of its first stand-alone battery energy storage system in Romania. The 250 MW/500 MWh project in Ialomița County will be “one of the largest storage projects in Central and Eastern Europe” and will be…
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Romanian pesident convenes Supreme Defence Council for November 24 meeting
Romania’s president Nicuşor Dan has convened a meeting of the Supreme Council for National Defence for November 24, the Presidency announced on November 17. The session will examine key strategic documents and national security priorities for the period ahead. The agenda includes the National Defence Strategy for 2025–2030 and the Strategic Defence Analysis, two documents…
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Romania’s ruling coalition speeds up legislation of second package of budgetary measures
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition…
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Sales of Romanian City Grill Group up 13% y/y to EUR 63.5 mln in January-October
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results “confirm the group’s stability in a year marked by challenges for the hospitality industry and consolidation,”…