US’ Franklin Templeton, Fondul Proprietatea manager, has initiates the process of delisting GDRs from the London Stock Exchange because of their low liquidity there and the fact that, as the manager says, listing on the LSE has reached its purpose as liquidity appears to have flowed back to the local market due to the broadening of the foreign institutional investor base active in Romania.
Romanian startup ESX, known for aggregating fitness and sports services, has boasted significant growth in 2024, going beyond the 500,000-user threshold.
Romania medtech startup Medicai has seen its revenues double in the past year and plans to focus on expansion on the US market in 2025.