New Slovenia-tracking ETF launches on BVB

Business Forum
InterCapital Asset Management, a Croatian independent investment manager with €550 million in assets, is launching a new ETF on the Bucharest Stock Exchange (BVB) starting Tuesday.

The InterCapital SBITOP TR UCITS ETF, trading under the symbol ICSLOETF, will track the performance of the SBITOP Total Return index, Slovenia's benchmark stock market index.

The SBITOP TR index is administered by the Ljubljana Stock Exchange (LJSE). It reflects the performance of the nine most traded companies on the LJSE's regulated market and is adjusted to reflect the reinvestment of gross dividends paid by these companies.

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Rețele Electrice Romania launches €40 million grid upgrade
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Rețele Electrice Romania launches €40 million grid upgrade

Rețele Electrice Romania, part of the PPC group, has launched a procurement procedure for modernising medium and low voltage networks in Bocșa, Caraș-Severin county. The project, worth over RON 198 million (€40 million) excluding VAT, will benefit approximately 17,000 inhabitants and is co-financed through the Modernisation Fund.

Cris-Tim starts trading on BVB
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Cris-Tim starts trading on BVB

Cris-Tim Family Holding debuted today on the Bucharest Stock Exchange's (BVB) under ticker CFH, becoming the first food industry company listed on Romania's main market. The company completed an IPO worth €89.3 million in late October.

Bucharest premium property prices double amid supply shortage
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Bucharest premium property prices double amid supply shortage

The premium residential market in Bucharest has experienced a price surge over the last few years, reaching record levels, particularly in sought-after areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanti. This trend results from a combination of factors influencing both supply and demand within this niche segment, according to an analysis by Cushman & Wakefield Echinox.

Contakt enters Czech market with Prague stores
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Contakt enters Czech market with Prague stores

Romanian mobile phone accessories retailer Contakt has announced its entry into the Czech market with two locations in Prague, marking a new step in its European expansion plan. The company has signed for locations in high-traffic malls with official opening estimated for March 2026.

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Cris-Tim starts trading on BVB
Finance

Cris-Tim starts trading on BVB

Cris-Tim Family Holding debuted today on the Bucharest Stock Exchange's (BVB) under ticker CFH, becoming the first food industry company listed on Romania's main market. The company completed an IPO worth €89.3 million in late October.

Energy

Over 27% of Romanians interested in buying heat pumps

Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.

Energy

Rețele Electrice Romania launches €40 million grid upgrade

Rețele Electrice Romania, part of the PPC group, has launched a procurement procedure for modernising medium and low voltage networks in Bocșa, Caraș-Severin county. The project, worth over RON 198 million (€40 million) excluding VAT, will benefit approximately 17,000 inhabitants and is co-financed through the Modernisation Fund.

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Business Forum  |  26 November, 2025 at 7:29 PM
Business Forum  |  26 November, 2025 at 6:10 PM