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.
PPC Blue, the electric mobility division of the PPC Group in Romania, has acquired the Hermes Flow network with 116 charging points to expand its national infrastructure.
Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.
The European Bank for Reconstruction and Development (EBRD) is participating in a €43 million loan by Raiffeisen Bank Romania to Altex Romania, the country's leading electro-IT retailer.
Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.
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.