The participation of the European Bank for Reconstruction and Development (EBRD) in Electrica's capital fell below 5%, after the international financial institution sold, at the beginning of this week, 205,505 shares of the company, according to a press release sent to the Bucharest Stock Exchange (BVB).Electrica informed investors and shareholders on Friday that, on January 19, 2024, it received a notification from EBRD, regarding the selling of shares."According to the notification, on January 15, 2024, EBRD disposed of a number of 205,505 Electrica shares, falling below the 5% threshold provided for by Article 71 of Law 24/2017 on the issuance of financial instruments and market operations, thus reaching a holding 4.9502% of the voting rights of Electrica," the press release reads.Since July 2014, Electrica is a company with majority private capital, listed on the Bucharest and London stock exchanges.EBRD is one of the main institutional investors in Romania. To date, the EBRD has invested 10.5 billion euros through 515 projects in Romania, focusing on infrastructure financing and the development of the private sector and capital markets.
The Romanian Youth Orchestra and the Orchestre National de France, conducted by Cristian Măcelaru, will perform on November 20 at the Radio France Auditorium in Paris. The soloists will be Maria Marica, winner of the 2022 George Enescu International Violin Competition, and Luc Héry, concertmaster of the Orchestre National de France. The program covers works […]
“The Cello Robot” – a Special Artistic Moment at GoTech World 2025 – Blends Art and Technology in a Spectacular Performance GoTech World 2025, the largest B2B expo-conference for IT and digital solutions in Central and Eastern Europe, takes place on November 11–12 at Romexpo, Pavilion B1, bringing together over 100 exhibiting companies that will […]
A Russian drone fell on Romanian territory, in the Grindu area of Tulcea County, approximately 5 km from the border with Ukraine, on the night of Monday to Tuesday, November 10 to 11. The incident was condemned by the Romanian Foreign Ministry, while the president labeled it “an accident.” The drone was most likely part […]
More than 320 items, from the collections of the National Museum of Art of Romania (MNAR), various national and international museums, and private collections, will be included in the exhibition "Romania- Identity Representation of Traditional Dress in Art" ("România – reprezentarea identitară a portului popular în artă"). The exhibition, scheduled to open at MNAR on […]
The net profit of Banca Transilvania, Romania’s largest bank, at the end of September 2025, was RON 2.92 billion (EUR 574 million), 7.9% more than the same period in 2024, a dynamic mainly impacted by the increase of the banking tax, according to the results released on Monday, November 10. Banca Transilvania financed companies with RON 16 billion (EUR 3.15 billion), and the general population […]
Foreign minister Oana Ţoiu announced on Monday, November 10, that the Romanian Senate adopted a bill criminalizing the violation and circumvention of international sanctions against Russia. According to the new law, those who help individuals and companies on the sanctions list will no longer get away with a simple fine but will be held criminally […]
