The general meetings of shareholders of OMV Petrom – held on April 24 – approved all proposals submitted by the Management Board, including the distribution of record dividends, in the amount of 2.8 billion lei for the financial year 2024, […]
Hidroelectrica announces the signing of the contract with Prime Batteries Technology and Enevo Group for the acquisition of the Li-ion battery storage facility in Crucea Nord Wind Farm. The main purpose of the investment is to reduce internal imbalances at […]
Starting this May, Wolt, the technology company known for its local commerce platform, is officially entering the Romanian market. The transition from Tazz to Wolt will begin in selected cities and gradually roll out across the country, culminating in Bucharest, […]
OVES Enterprise, a Romanian company specialized in the development of complex software solutions for the defense, aerospace, and cybersecurity industries, has signed a strategic memorandum with MSI Defense Solutions, a U.S.-based integrator of advanced tactical systems for land and naval […]
Economic growth in the developing economies of the Europe and Central Asia region is likely to slow, says the World Bank’s Economic Update for the region, released today. Regional growth is now expected at 2.5 percent in 2025-26 owing to […]
Delgaz Grid, the natural gas and electricity distribution company of the E.ON Group in Romania, will carry out 25 investment projects this year in Mureș County, with a total value of approximately 46 million lei (9 million euros). The investment […]
TeraPlast announces that it has completed the transaction to acquire the majority stake, of 51%, of the share capital of Aquatica Experience Group (AEG). At the closing, TeraPlast paid EUR 2 million to the sellers and provided a loan of […]
FIC organised an event dedicated to the energy transition, providing a platform for strategic dialogue between decision-makers and representatives of the economic environment. The event brought together investors with the Minister of Energy, Sebastian Burduja, the Minister of Environment, Water […]
Garanti BBVA Romania registered net revenues of RON 654 million in 2024, reflecting a 28.6 percent year-on-year increase, with both loans and deposits on an upward trend. In the mentioned period, the bank’s net interest income rose to RON 570 […]
4finance Holding S.A. has signed a definitive agreement to sell TBI Bank to Advent International, a leading global private equity investor from United States, through its subsidiary TBI Financial Services B.V. The transaction is subject to customary regulatory approvals and […]
