BUCHAREST (Romania), May 13 (SeeNews) - Romanian residential real estate developer Impact Developer and Contractor [BSE:IMP] said on Thursday that it will
BUCHAREST (Romania), May 13 (SeeNews) - Romanian privately-owned medical services provider MedLife [BSE: M] booked a net profit of 36.1 million lei ($8.9 m
Sursa foto: Inquam Photos / Octav Ganea
One of the most progressive components of the National Recovery and Resilience Plan (PNRR) is that of financial instruments and grants for the private business environment, and SMEs will have half a billion euros available as a risk capital facility, under an agreement signed with the European Investment Bank and the European Investment Fund, Minister of European Investments and Projects Cristian Ghinea declared on Thursday after the government meeting. The PNRR component of financial instruments and grants for the private sector is one of the most advanced. We negotiated with the European Investment Bank and the European Investment Fund, we are prepared to sign an agreement as soon as the PNRR is approved and this injection of capital into the private economy means a portfolio guarantee of 400 million euros; this means that companies in crisis can access a state-secured bridge loan until the crisis ends. There will be another 100 million eu
Bucharest Stock Exchange informs that on Friday, May 14, the organic wine producer Vifrana is going public on the Bucharest Stock Exchange Multilateral Trading System (MTS), under the ticker BIOW.
Vifrana was established in 1998 and it reoriented towards the cultivation of vines and the production of wines in 2006, when the base of the organic vineyard was laid. Currently, the company produces organic wines and manages the Vifrana winery that processes the entire grape production from its own vine culture (129,19 ha) in the Adamclisi area, Dobrogea.
At the end of last year, the company carried out a private placement through which it sold a number of 21,220,322 shares at a price of RON 0.45/ share. The estimated market capitalization value of Vifrana is RON 22,598,260. Goldring is the Authorized Consultant that assisted Vifrana in the private placement and listing on the MTS.