Magazin Universal Maramures, a company that manages a commercial center of Baia Mare, has granted a EUR3.8 million loan to Foxmoor Development SAS, headquartered in Antibes, France.
Hidroelectrica, the crown jewel in the Romanian state’s portfolio, has published the convening notice for the Extraordinary General Meeting of Shareholders (AGA), a document that for the first time details the legal, financial and governance architecture of the proposed association with France’s EDF Power Solutions International for the Tarniţa Pumped-Storage Hydropower Plant (PSHPP).