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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MedLife reports 20% growth in first nine months
Real estate

MedLife reports 20% growth in first nine months

MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.

BID Romania joins €100 million fund for CEE growth companies
Finance

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

CTP expands industrial park in Oradea with new 10,800 sqm building
Real estate

CTP expands industrial park in Oradea with new 10,800 sqm building

Industrial developer CTP is advancing construction work for a new 10,800 sqm building at CTPark Oradea North, continuing its expansion in western Romania. With this new project, CTP's total portfolio in Oradea exceeds 100,000 sqm of leasable space, consolidating the city's role as a regional logistics hub.

Romanian economy shows signs of recovery in Q3
Economy

Romanian economy shows signs of recovery in Q3

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.

Bucharest luxury resi market to exceed €400 million in 2025
Real estate

Bucharest luxury resi market to exceed €400 million in 2025

This year will end with over 1,000 premium and luxury dwellings delivered in new residential projects from Bucharest and its surroundings, a record for the recent history of Romania's residential market, according to a market report by SVN Romania.

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Romanian economy shows signs of recovery in Q3
Economy

Romanian economy shows signs of recovery in Q3

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.

Real estate

MedLife reports 20% growth in first nine months

MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.

Finance

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.

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Business Forum  |  14 November, 2025 at 4:36 PM
Business Forum  |  14 November, 2025 at 2:47 PM