According to the Fund's asessment, the selection process did not abide to the provisions of the corporate governance legislation, and failed to produce suitable candidates.
Franklin Templeton International Services, the Sole Director and Alternative Investment Fund Manager of Fondul Proprietatea, has announced key management changes effective July 1 2025.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024.
Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.