Electrica (BVB: EL), one of the largest electricity distributors and suppliers in Romania, recently celebrated a decade since its dual listing on the Bucharest and London stock exchanges. Since listing, the company's share price increased by 39.6% to RON 15.3 at the time of writing. However, the total return, including dividends, amounted to over 90%.
In July 2014, Electrica raised RON 1.95...
A new study conducted by the National Sample agency (formerly European National Panels), which thoroughly analyzes how people use social media, shows that Facebook remains the most popular social network in Romania, actively used by 75% of the online population aged 18 to 54. Romanians between 45 and 54 use Facebook with preference, while younger […]
RIVUS Cluj-Napoca, the mixed-use urban reconversion project developed by companies IULIUS and Atterbury Europe, was granted the largest loan for a new real-estate development in Romania, namely EUR 400 million. Around EUR 180.3 million will be provided by the European Bank for Reconstruction and Development (EBRD). Thanks to the loan, Cluj-Napoca will see the transformation […]
Former prime minister Marcel Ciolacu announced on Tuesday, May 20, that he has resigned as head of the Social Democratic Party (PSD), the largest in the Romanian legislature. The interim leadership of the party will be taken over by transport minister Sorin Grindeanu, a close ally of Ciolacu, who secured the position with 67 votes to […]
Anca Manitiu, Deputy CEO of Impetum Group - one of the biggest private equity managers in Romania - analyzes the recent trends and numbers in the European and regional private equity market. Europe's alternative investment fund market - funds investing in private companies, startups, and growth projects - is transforming. While capital previously flowed freely […]
Romania has overtaken Poland as the worst country in the EU for LGBTQ+ people, according to a ranking published by the Brussels-based non-governmental organization ILGA-Europe. Countries are placed in the organization’s annual "Rainbow Map" according to factors such as the number of hate crimes in a given year and the rights afforded by authorities to […]
Romanian national Stanislav Carpiuc, 26, from Romford, was charged with conspiracy to commit arson with intent to endanger life following the fires in north London. The Romanian was arrested on May 17 at London's Luton Airport and is due to appear at Westminster Magistrates' Court on Tuesday. He is the second man charged in relation […]
