State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has called shareholders for a meeting on April 29, 2025 to vote on approving the distribution of dividends in the amount of RON4 billion from its 2024 profit.
Smart ID Technology, with the support of private equity fund SARMIS Capital, announces the signing of an agreement to acquire a majority stake in AB Systems SRL, a leader in the production of durable barcode labels and smart RFID label solutions for the automotive, logistics, and retail industries.
Romania’s national grid company Transelectrica (stock symbol: TEL) has called shareholders for a meeting on April 29, 2025 to vote on approving the distribution of dividends in the amount of RON155.4 million from the RON585.9 million accounting profit for 2024 left after deducting the profit tax.
Real estate developer Nusco Imobiliara, present on the Romanian market since 1997, has sealed a funding agreement with Banca Transilvania for the development of the second phase of Nusco City project of northern Bucharest.
Romania's Finance Ministry raised RON500 million from banks on Thursday (March 27), selling benchmark bonds, at an annual average yield of 7.48%.
XTB Group ended 2024 with total revenue of EUR435 million, up 21% year-over-year, and net profit of EUR199 million, up 14% from 2023.