Romanian investment management company Globinvest listed the first ETF to track performance of the BET-EF index on Bucharest Stock Exchange on Monday, April 28.
Trading under the ticker GIBEFETF, the Globinvest Energy & Financials ETF aims at full replication of the benchmark index structure Bucharest Exchange Trading Energy, Utilities and Financials Index (BET-EF) of the...
The company ended 2024 with €27.5 million in revenue and projects a further 15% growth in 2025. Major investments planned for the coming years, focusing on enhanced customer experience through automation, digitalization, portfolio expansion, international growth, and sustainability. From Romania to Western Europe: local production, international expansion. METIGLA,...
Poenari Fortress, also known as Vlad the Impaler’s Fortress and one of the most popular tourist attractions in Argeș County, has been temporarily closed after a bear broke through the electric fence and entered the tourist access area on Monday, April 28, the county authorities announced. The fortress, which attracts over 100,000 visitors each year, […]
More than half of the private equity funds active in Romania expect an increase in the number of mergers and acquisitions in the local sector in 2025 compared to the previous year, according to the Roland Berger study “Private Equity Industry Outlook for 2025.” At the same time, more than 40% of the private equity […]
Sun Plaza, one of the main shopping centers in Bucharest, is set for a major upgrade, as owner CPI Romania announced a new partnership with Auchan. Following Carrefour's departure, Auchan will open a new-generation 7,000 sqm hypermarket at the end of 2026, as part of a broader repositioning strategy. Carrefour will permanently close its hypermarket […]
Interim president Ilie Bolojan noted that energy interconnection and transport infrastructure are Romania’s foremost goals in the upcoming period during a speech at the Three Seas Initiative Economic Forum on Tuesday, April 29. The acting president began by noting the need to adapt and strengthen partnerships in the region, as a result of complicated times. […]
Oxygen, Romania’s largest independent integrated communications agency, announces the appointment of Veronica Plăcintescu as Strategic Communications Director. In a market where communication is increasingly becoming an integrated function within business structures, Oxygen strengthens its ability to deliver strategic communications solutions and reputation management services aligned with its clients’ business objectives. This new position reflects the […]
