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 reaches €1 billion market cap at BVB
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MedLife reaches €1 billion market cap at BVB

Romanian private healthcare network MedLife has reached a market capitalisation of €1 billion at the Bucharest Stock Exchange (BVB), around nine years after the company went public.

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.

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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Romania cuts budget deficit to 6.40% in first 11 months
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Romania cuts budget deficit to 6.40% in first 11 months

Romania's consolidated general budget recorded a deficit of  RON 121.77 billion (€23.90 billion), equivalent to 6.40% of GDP, in the first eleven months of 2025, down 0.74 percentage points from 7.15% in the same period of 2024.

Energy

PPC Romania to build 100 MW gas plant in Reșița

A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.

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Business Forum  |  29 December, 2025 at 7:55 PM
Business Forum  |  29 December, 2025 at 5:39 PM