Maspex Romania starts takeover bid for Purcari Wineries
Maspex Romania has initiated the voluntary takeover bid for the majority of Purcari Wineries shares on the Bucharest Stock Exchange.
Maspex Romania has initiated the voluntary takeover bid for the majority of Purcari Wineries shares on the Bucharest Stock Exchange.
Power company Electrica has announced that its green bond issue worth €500 million will start trading on the Luxembourg Stock Exchange.
Power company Electrica has successfully priced its inaugural €500 million green bonds, with a five-year maturity, at a competitive 4.566% yield.
The main index of the Bucharest Stock Exchange (BVB), the BET, experienced a significant downturn on Monday, falling by 2.63% to 16,689 points by the late afternoon.
Teilor Holding, encompassing the luxury jewelry chain Teilor, Teilor Invest Exchange, and Invest Intermed GF IFN, has announced the listing of two new bond issues on the Bucharest Stock Exchange (BVB).
The second half of the year was much more negative, influenced by energy market volatilities which drove weaker results for the sector.
The main purpose of the code is to support the issuer's corporate resilience in a rapidly changing world.
Increased IPO activity has heightened competitiveness among companies to meet the Bucharest Stock Exchange's criteria for "blue chip" status.
Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders.
The number of investors in investment funds also crossed the 700,000 threshold, an advance of more than 37% since mid-2023 and 8.6% since the first quarter of this year.
In mid-June 2024, BlackRock announced that it would be closing several of its ETFs, including its Frontier Market ETFs, citing insufficient liquidity.
The number of investors in the fund also increased more than 12 times in these three years, from 1,483 at the end of February 2021 to 18,265 in February 2024.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Despite significant market volatility, a new report by law firm CMS reveals that half of European dealmakers anticipate an increase in M&A activity over the next 12 months.
Romanian private healthcare operator MedLife has launched the new Institute of Orthopaedics, located within the MedLife Medici's Hospital in Timișoara.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.