Finance | 29 April, 2025 at 11:56 AM
Globinvest launches new energy & financials ETF on BVB
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,
Romanian energy, utility and financial companies, listed on the Main Market, represent approximately 58% of the regulated market capitalization.
Raiffeisen Bank has reached an agreement to acquire 100% of the shares in Garanti BBVA Group Romania, including Garanti Bank and leasing unit Motoractive IFN, from subsidiaries of Banco Bilbao Vizcaya Argentaria.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.
Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.