Home appliances and home appliance component maker Electroarges (ELGS.RO) has called shareholders for July 26 to vote on the sale of the stakes the company holds and on the change of its name to AETA Industria.
Grup Serban Holding (stock symbol: GSH), a Romanian entrepreneurial company operating in the agribusiness sector, ended the first quarter of 2024 with net profit of RON4.5 million, down 15% on the year, and a turnover of RON130 million, up 7% on the year, in line with data from the company's quarterly financial report published at the Bucharest Stock Exchange.
Real estate developer METAV has started construction of a new residential complex, Bellemonde, in Pipera, north of Bucharest, after securing the construction permit from the authorities of the city of Voluntari.
UniCredit Bank has completed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to EUR291 million for First Look Solutions SRL, a joint-venture between Rezolv Energy and Low Carbon, with the aim of funding the development of Phase 1 of a wind energy project.