The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in Romania and one of the longest-standing Banca Transilvania shareholders, has made a minority equity investment in Arobs Transilvania Software (AROBS.RO), the largest IT company listed on the Bucharest Stock Exchange.
State-run electricity producer Hidroelectrica (H2O.RO) chief investment officer Bogdan Badea sold 1,032 Hidroelectrica shares for RON128.8, the company said in a report to the Bucharest Stock Exchange on Monday.
Romania's current account deficit stood at EUR9.17 billion in January-May 2024, higher by 34% than the EUR6.8 billion level recorded in the same period of 2023, central bank data showed on Monday (July 15, 2024).
Administrative and compliance service provider TMF Group has signed a lease for 1,700 square meters of office space in America House, the office building whose owners include Morgan Stanley, along with David Hay, in Bucharest’s Central Business District (CBD).