Serhan Hacisuleyman, a Turkish banker with 23 years of experience in several business areas such as retail, SME, agriculture and trade, will be appointed CEO of Agricover Credit IFN, the financing division of Agricover Group of businessman Jabbar Kanani.
Hidroelectrica, the largest electricity producer in Romania, on Thursday (June 30) said it started modernization works for the 110 kV, 20 kV and 0.4 kV substations of the Tismana Subteran CHE Technical Block.
Hidroelectrica, the largest electricity producer in Romania, on Thursday (June 30) signed a contract for the “modernization of the electrical installations related to the hydromechanical equipment and hydraulic actuation installation at the Gogosu overflow dam”.
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (June 30) said in a stock market report that two conditions precedent are yet to be fulfilled in order to complete the transaction involving the acquisition of 100% of the shares held by US’ ExxonMobil in the Neptun Deep gas exploration and drilling project in the Black Sea.
Global technology and software company Emerson, part of US-based Emerson, opened a new training center at its Cluj headquarters this week, focusing on Rosemount™ and Micro Motion™ measurement solutions used in the pharmaceutical, wastewater, chemical and energy industries.
Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the initial target of EUR120 million.
Romania recorded EUR6.2 billion in e-commerce sales last year, which is about half the level achieved by retailers in Eastern Europe, estimated at EUR14 billion, according to the European E-Commerce Report 2022 published by Ecommerce Europe and EuroCommerce.
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 2.65% from 1.86% previously, in line with central bank data released on Thursday (June 30).
OMV Petrom, the largest integrated energy company in South-Eastern Europe, on Thursday (June 30) published the Sustainability Report for 2021.
ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, announced that on June 29 Liviu Stoleru resigned from the position of Chief Executive Officer of the company and member of the Board of Directors, with immediate effect.
Technology startup investment platform SeedBlink launches a secondary market where investors can trade with each other the assets they hold.