Moldova's central bank decided to raise its policy rate to 21.5% from 18.5% in order to temper the rise in consumer prices and to mitigate risks stemming from the war in Ukraine. Read on >>
Steel works ArcelorMittal Hunedoara [BSE:SIDG], part of multinational steel manufacturing corporation ArcelorMittal, said on Friday it has extended the period of reduced activity for a week due to lack of orders.>>
Bulgarian IoT products maker Allterco [BUL:A4L] said that it signed a binding term sheet with the owners of Slovenian sector player GOAP d.o.o. Nova Gorica, with an indicative closing date for the transaction within the next three months after the signing.>>
Moldovan utility company Moldovagaz said that it is seeking a postponement of payment for August gas deliveries from Russia's Gazprom after the local energy market regulator ANRE approved gas prices for end users that are insufficient to cover the cost of deliveries.>>
Serbia’s government has set a mandatory limit of 53.50 dinars (0.46 euro/$0.47) on the retail price of a loaf of bread made from the most common T-500 type of wheat flour, the trade ministry said.>>
COMPANY PROFILE
Arcelor Mittal Hunedoara SA is a Romanian steel mill.