The net assets of the 95 open-end equity funds operating in Romania edged 1% higher in August 2024 and grew by 25.6% so far in 2024, up to RON25.6 billion (EUR5.2 billion), in line with the latest August data from the Association of Asset Managers (AAF).
Romanian lender Banca Transilvania (stock symbol: BT) has announced in a press statement that it sold EUR700 million in bonds on September 25, 2024, while investor demand exceeded EUR2.5 billion.
Aluminum producer Alro Slatina (ALR.RO) on Thursday announced the appointment of a new chief executive officer, Marin Cilianu during the Board of Directors meeting on September 26, 2024, for a term until July 31, 2027, the company said in a report to the Bucharest Stock Exchange.