National grid company Transelectrica (TEL.RO) has secured EUR64 million non-repayable funding from the Modernization Fund, the company announced in a report to the Bucharest Stock Exchange on Tuesday.
Princeton Investments SRL, equally held by Vasile Adrian Viman (former Kaufland Romania CEO) and Claudiu Viman, according to termene.ro, reported overshooting the 5% stake mark in BRK Financial Group (BRK.RO) to the Bucharest Stock Exchange.
International law firm CMS has advised Alcedo SRL (Alcedo), a subsidiary of the Japanese conglomerate Sumitomo Group, on the acquisition of Naturevo, a Romanian distributor of agricultural materials.