Romania will be setting up a national stand at the most important convention of the year of the European and world food industry, organised once every two years, the Anuga International Fair – Taste the Future, according to a press statement released by Romania’s Ministry for Business Environment, Trade and Entrepreneurship. This year, the fair […]
Romanian telecom group DIGI Communications (BVB: DIGI), with a market capitalization of RON 5.76bn (EUR 1.16bn), announced that the company’s management proposes to distribute RON120mn (EUR 24mn) as dividends for the fiscal year 2023, the equivalent of a gross yield of nearly 2.1%. The company’s price soared by 58% y/y compared to the 41% y/y […]
Romania’s competition body Consiliul Concurentei cleared the transaction by which Intesa Sanpaolo SpA intends to take over the Romanian bank First Bank from the US fund J.C. Flowers, according to a press release from the authority. Intesa Group is active in Romania through its subsidiary, Banca Comercială Intesa Sanpaolo Romania. Upon the takeover, Intesa will […]
Fintech start-up MetaWealth, which tokenizes real estate properties, announced it partnered with real estate developer One United Properties in a EUR 20mn framework agreement for rental apartments that will give MetaWealth investors access to the residential projects developed by One United. MetaWealth will list three new assets, to be purchased from One United, on its […]
US president Joe Biden thanked his counterpart Klaus Iohannis for Romania's activity within NATO, 20 years after the country joined the Alliance – as the main message conveyed by Biden after the meeting of the two on May 7 in Washington. "You [Romania] exceeded all expectations 20 years ago when you joined NATO. Thank you […]
The Board of Directors’ motion was on the Ordinary General Meeting of Shareholders’ agenda of April 29, under which a gross dividend of 0.09 RON/share was approved. The EVERGENT Investments shareholders have approved the Activity program and the Revenue and Expense Budget for the year 2024, stipulating an investment program amounting to RON 155.8 mln. […]
Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]
