At the Extraordinary General Meeting, shareholders approved the consolidation of shares at a ratio of 50:1, meaning that for every 50 shares, shareholders will receive 1 share.
n the mid-term, BASF is committed to keeping the overall distribution to shareholders on the level of the last years through a combination of dividends and share buybacks.
The company also seeks the approval of the election of the members of EVERGENT Investments' Board of Directors for a 4-year mandate, as well as the directors' remuneration policy.
In 2023, Digi Communications registered €1.7 billion in consolidated revenues (+13% YoY) and an adjusted EBITDA of €591.2 million (+17% YoY).
The shareholders approved, among other items, the distribution of the second tranche of the dividends from 2023 profits.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.