Paul de Romania, arrested on Sunday in Malta, based on a European arrest warrant, made a new request for release on bail, and this request will be judged on Friday. Meanwhile, the Romanian court sent the translated European arrest warrant to the authorities in Malta. On Monday, a court in Malta decided to remand the […]
Romania recorded a budget deficit of 6.6% of GDP last year, according to Eurostat data, being 0.3 percentage points higher compared to 2022. If we refer to the national methodology, it amounted to 5.68%, in while in 2022 it was 5.76%. According to Eurostat, ahead of us were Italy with 7.4% and Hungary with 6.7%. […]
Food and grocery delivery company Swiggy on Friday confidentially filed its draft documents for an initial public offering (IPO) with stock market regulator Securities and Exchange Board of India (Sebi), sources told us.109639958The Bengaluru-based company has filed for a $1.25-billion public issue through the confidential route, whereby draft red herring prospectuses (DRHPs) are not released to the public. This came a day after Swiggy’s shareholders approved its IPO plan, which includes a fresh...
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
The landslide vote heralds a return to fiscal responsibility after the pandemic era – but some worry new norms could kill vital green investment
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Brussels, April 23, 2024— The Committee to Protect Journalists welcomes Tuesday’s remarks by the European Union’s Josep Borrell about the need to protect journalists in the Israel-Gaza war and calls on all EU member states also to make or renew calls that both sides should respect international law during the conflict, take all measures to
BMW is a byword for innovation. The car manufacturer consistently delivers on quality and performance and is one of the most well-known around brands the world. With its status as a premier name in the car industry, it can be easy to see why it’s an appealing investment opportunity for those who follow the markets. […]
The German company Arburg, owned by the Hehl family, opened a subsidiary in Romania. Arburg produces injection molding machines, multi-axis robots, Scada systems, in Germany, it has annual business of 780 million euros and about 3,700 employees. The company has a production unit, two technology centers and an innovation hub in Germany and is one […]
On April 30, 2024, the foreign exchange reserves at the National Bank of Romania stood at €62.5 billion, compared to €64.2 billion on March 31, 2024, as announced by the Central Bank on Thursday. This decrease occurred due to the redemption of the euro-denominated bonds issued by the Ministry of Finance, amounting to approximately €1.49 […]
Maundy Thursday, also known as Holy Thursday, observed on the Thursday before Easter, commemorates the Last Supper of Jesus Christ with his Apostles, marking a significant event in Christian tradition. In Romanian Orthodox tradition, Maundy Thursday marks the final memorial service for the deceased during Lent. On Maundy Thursday of Passion Week, the Orthodox go […]
THE European Union (EU) has urged local companies to fully exploit the bloc’s vast trade opportunities to boost their businesses and the To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions