Hidroelectrica (stock symbol: H2O), the largest electricity producer in Romania, has concluded a partnership with Politehnica University of Timisoara to support research, innovation and training of future generations of specialists in the field of hydropower and energy engineering.
Romania's Competition Council is assessing the transaction through which Volta Grup S.R.L. plans to acquire Electrotehno S.R.L.
IKEA Romania has appointed two market managers for its Baneasa and Pallady Bucharest stores, overseeing other customer meeting points across the country, such as the order pick-up points and the planning and order studio.
Over half (53%) of Romanians plan to go shopping this Black Friday, but, while most of them are set to spend at least RON500, the value is comparable to or even lower than in 2023 for 72% of consumers, according to a survey conducted countrywide at the initiative of tbi bank in October 2024, on a sample of 1,171 respondents.
Electrical cable manufacturer Electroplast is carrying out an investment project valued at over EUR9 million to retool Bistrita plant and expand its halls, in parallel with involvement in new rail infrastructure upgrading projects.
InterCapital Asset Management, an independent investment manager of Croatia, with EUR550 million worth of assets under management, wants to launch, by yearend, a new ETF at the Bucharest Stock Exchange, with exposure to Slovenia’s bourse.