INVESTMENTS
-Foreign Investors Council, an association that brings together the leading foreign-held investors in Romania, says Romania needs stable and predictable legal framework to boost investments.
-OMV Petrom, the largest integrated energy company in Southern and Eastern Europe, has announced the completion of its share capital operation, which enabled it to raise RON446 million from investors, the only local oil and gas producer, said in a report to the Bucharest Stock Exchange.
-US-based Vanguard, one of the world’s largest investment companies, bought 1.52% of Bucharest-listed real estate developer One United Properties shares via the Bucharest Stock Exchange, Ziarul Financiar has found from fund reports as of August 31, 2022.
– Investors who want to build a factory will have single point of contact with authorities, announced Bogdan Chiritoiu, the president of the competition authority.
– ROMGAZ, Romania’s largest natural gas producer and the main supplier in the country, on Wednesday (Oct 19) concluded a Memorandum of Understanding with SOCAR, the state-run oil company of the Republic of Azerbaijan, which sets the basis of a new cooperation between the two companies, Romgaz announced in a stock market report.