Hidroelectrica, Romania’s biggest energy producer and the largest company listed on the Bucharest Stock Exchange, is set to benefit from Issuer Market Maker services provided by BRK Financial Group starting with March 7th.
Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, ended the first nine months of 2024 with a net profit of RON3.5 billion, 32% lower than in the year-ago period, it said in its financial report published on bvb.ro on Thursday evening.
State-run electricity producer Hidroelectrica (H2O.RO) chief investment officer Bogdan Badea sold 1,032 Hidroelectrica shares for RON128.8, the company said in a report to the Bucharest Stock Exchange on Monday.
A year after the biggest listing in the history of the Bucharest Stock Exchange, the EUR2 billion one of Hidroelectrica (H2O), Bogdan Badea, chief investment officer at the green energy producer, says the company will announce new investment projects in the coming period.
Karoly Borbely, a former telecommunications minister and the man who supervised the largest share sale in the history of Romania, the RON9.3 billion sale Fondul Proprietatea used to exit Hidroelectrica (H2O.RO), was appointed chief executive of Hidroelectrica, the company said in a report to the Bucharest Stock Exchange.
Investment giants with assets of thousand billion dollars such as US fund BlackRock, Goldman Sachs, one of the biggest investment banks in the US, and the sovereign wealth fund of Singapore, each subscribed over EUR100 million in Hidroelectrica listing, according to sources close to the deal.
Law firm Filip & Company assisted Fondul Proprietatea in the sale of its stake within Hidroelectrica IPO totally worth RON9.3 billion.