eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main assets they bought were the e-money and payment institution licenses issued by Romania’s central bank.
State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint venture company, "GECO POWER COMPANY - GREEN ENERGY CORRIDOR POWER COMPANY LIMITED LIABILITY COMPANY" based in Romania, which will implement the Green Energy Corridor project, put at EUR3.5 billion.
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Jan. 31 that the next buyback program refers to the acquisition of a maximum number of 320 million ordinary shares and/or equivalent global depositary receipts corresponding to the Fund’s shares (“GDRs") and starts on February 3, 2025.