The government has initiated steps to acquire the stake held by the EBRD in operator of the Republic of Moldova's Giurgiulesti International Free Port Danube Logistics SRL."I want to particularly mention a memorandum adopted today by the government: the approval of the initiation of negotiations with the European Bank for Reconstruction and Development - EBRD, for the purchase by the Romanian state, through National Company Constanta Maritime Ports Administration, a trading company under the authority of the Ministry of Transport and Infrastructure, of the Danube Logistics SRL stake held by the EBRD," government spokesman Mihai Constantin said at the Victoria Palace on Wednesday.He also mentioned that a negotiation commission will be created to deal with this matter, which will include representatives of the Foreign Affairs Ministry, the Transport Ministry, and the Finance Ministry, tasked with opening negotiations with the European Development Bank for the acquisition of these shares so that the Romanian state acquires majority control over the Giurgiulesti Port, through National Company Constanta Maritime Ports Administration.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
