Finance | 29 November, 2024 at 1:55 PM
InterCapital AM announces intention to launch new ETF on BSE
The ETF, currently listed in Croatia under the ticker 7GROM, has already raised €5.5 million in under six months.
The ETF, currently listed in Croatia under the ticker 7GROM, has already raised €5.5 million in under six months.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.