Fondul Proprietatea (FP.RO) on Monday evening notified the Bucharest Stock Exchange that Franklin Templeton International Services, in its capacity as sole director of the Fund, received a binding offer from GDF International, the majority shareholder of Engie Romania, to buy the Fund’s Engie stake for EUR87 million.
Net investments in Romania’s economy totaled RON118 billion in the first nine months of 2023, up 14.4% year-over-year, with new construction works accounting for 62.6% and purchases of machinery, including transport vehicles, for 29.3%, data from the country’s statistics board INS showed on Monday (December 11).
Farmland operator Holde Agri Invest (HAI.RO) on Monday notified the Bucharest Stock Exchange that its subsidiaries had signed several significant contracts with the same undisclosed customer. The aggregate value of the contracts is RON50.7 million, excluding VAT, according to ZF’s calculations.