eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main assets they bought were the e-money and payment institution licenses issued by Romania’s central bank.
State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint venture company, "GECO POWER COMPANY - GREEN ENERGY CORRIDOR POWER COMPANY LIMITED LIABILITY COMPANY" based in Romania, which will implement the Green Energy Corridor project, put at EUR3.5 billion.
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Jan. 31 that the next buyback program refers to the acquisition of a maximum number of 320 million ordinary shares and/or equivalent global depositary receipts corresponding to the Fund’s shares (“GDRs") and starts on February 3, 2025.
Romanian online retail group eMAG together with its financial services subsidiary HeyBlu have acquired 100% of the shares of Orange Money, eMAG has announced on Friday (Jan. 31).