Fondul Proprietatea intends to buy back 1 billion shares in 2024, as part of its strategy to remunerate shareholders, at a price that may not be lower than RON0.2 and higher than RON1 per share and calls shareholders to approve the strategy about some stakes it holds.
Natural gas producer and supplier Romgaz (SNG.RO) announced on the Bucharest Stock Exchange on Wednesday that it would complete the Iernut power plant in Mures County by December 31, 2024.
Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec 27).