Romanian chemical producer Chimcomplex will propose to its shareholders to approve the contracting of new loans with a combined value up to €60 million
Chimcomplex is the main manufacturer and supplier of vital chemicals in Eastern Europe, specializing in polyols, chloro alkali, amines and oxo-alcohols.
Econic's technology uses a proprietary catalyst and process to substitute up to 30 percent of the fossil-based materials in polyols with captured CO₂.
This is a response to the unfavorable and unpredictable developments in the business environment.
Chimcomplex, the leading producer and supplier of vital chemicals in the region, generated total revenues for 2023 of RON 1.367 billion.
The Bucharest Stock Exchange (BVB) indices were showing a significant upward trend in the first few hours of trading on Thursday compared to the previous day's close.
Romanian neobank Salt Bank has recorded over 500,000 customers in the first year of operation, a figure that is double compared to its initial launch projections.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
Premier Energy has announced its plans to acquire the remaining 25% stake in True Energy Management for €3 million.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.