Electromagnetica | Romania Feed

The shares of three companies listed on the Bucharest Stock Exchange, namely, Premier Energy, Electromagnetica and Iproeb Bistrita, will be included in the MSCI Frontier and MSCI Romania indices. Romania's equity market presence in the MSCI indices will increase to 32 companies, starting on September 2, 2024, following the quarterly index review conducted by global index provider MSCI in August this year.

Infinity Capital Investments (SIF5 – formerly known as SIF Oltenia), which has an ownership stake of 37% in Electromagnetica (ELMA.RO), a producer of electrical equipment and electricity, plans to buy the remaining shares from investors through an offer for which it is offering RON0.181 per share.