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OMRO IFN, a key player in Romania’s microcrediting and financial technology sector, has successfully listed its third corporate bond issuance on the Bucharest Stock Exchange (BVB). The new issue, totaling EUR 1.56 million, falls under the Multilateral Trading System and matures in 2029. This latest bond issuance, identified under the ticker OMRO29E, carries a fixed…

21 companies listed on the Main Market of the Bucharest Stock Exchange (BVB) achieved the highest VEKTOR by ARIR score in 2024, compared to 16 companies in 2023. 5 issuers out of 35 included in BETAeRO obtained a VEKTOR by ARIR score of 10 for investor communication, compared to 4 issuers in 2023. The indicator…

The Mihai Eminescu Trust Foundation announced the launch of a restoration project for Casa Șerbu, a historic building in Sighișoara’s medieval citadel. The project is financed by the National Institute of Heritage (INP) through the Historic Monuments Stamp Program (TMI) under the “Restoration” subprogram and is scheduled to run from February 1, 2025, to September…

Romania’s modern retail stock reached 4.62 million sqm in 2024, with around 180,000 sqm of gross leasable area (GLA) delivered during the year. While this marked a 15% decrease compared to 2023, it was still one of the strongest years for new retail completions in the past decade, according to real estate consultancy Cushman &…

A park & ride parking lot with over 880 spaces opened near Cluj International Airport, in central Romania. Travelers can use the parking ticket to ride on the public transportation services serving the area for free.  To mark the opening, Cluj-Napoca mayor Emil Boc parked the car he arrived in and took out a parking…

Low-cost carrier Wizz Air announced that starting March 30, 2025, its flights between Bucharest and Budapest will be relocated from Henri Coandă International Airport to Bucharest Băneasa – Aurel Vlaicu International Airport. Passengers traveling on this route are advised to check their email for detailed information and to confirm the new departure or arrival airport.…

Romania’s public debt reached RON 937 billion (EUR 188.3 billion) at the end of November 2024, according to data published by the Finance Ministry. The debt-to-GDP ratio reached 54.3%, based on the latest four-quarter GDP available (RON 1,725 billion as of the end of September), up from 54.0% at the end of October and 48.8%…

Romania’s general government budget deficit reached RON 153 billion (over EUR 30 billion) in 2024, nearly 70% more compared to 2023, according to data published by the Finance Ministry. The deficit-to-GDP ratio reached 8.65% based on the estimated 2024 GDP (RON 1,765 billion), up from 5.61% in 2023 and compared to an initial 5% target.…

Film options abound, with themed programs dedicated to Paul Newman and the Marvel Universe, and there are plenty of exhibitions to discover. In Bucharest: Paul Newman weekend January 30 – February 2 Cinemateca Eforie marks 100 years since the birth of the American actor and director with a program including Cool Hand Luke and Cat…

The Oradea City Hall won a European project of RON 375.1 million (EUR  75.5 million), of which RON 216.6 million (EUR  43.6 million) is financing from the Modernization Fund, which provides for the efficiency of the centralized thermal energy supply system. The investment targets the distribution networks of 19 thermal points in the municipality of…