The financial results reported at the end of September show total assets of €43.5 million, revenues of €10.6 million, and a net profit of €2.5 million.
The first stage of the share capital increase will start on August 19th and will last for 32 calendar days, until September 19th.
The group will offer a maximum of 174,258,721 new shares to investors. The operation starts on June 3, 2024.
Enterprise Investors (EI) Fund IX will invest up to €20.4 million in 18GYM, one of Romania's leading fitness chains, acquiring a minority stake.
The Romanian government has approved a critical emergency ordinance to maintain capped natural gas prices for household consumers
Only a quarter of Romanian CEOs expect their company revenues to grow in 2026, marking the lowest percentage in five years.
Romania's Ministry of Finance approved state aid worth €1.85 billion by the end of 2025, supporting total investments of over €4.2 billion and contributing to the creation of more than 36,000 jobs.
PPC Group and Metlen will establish a 50-50 joint venture for developing, constructing and operating Battery Energy Storage System (BESS) projects of up to 1,500 MW / 3,000 MWh.