Romania's Competition Council is analyzing the transaction through which Olvia Investments Ltd intends to acquire Green Port Operator S.R.L.
Engineering and technology group Simtel Team (stick symbol: SMTL) has informed its shareholders in a stock market report on August 11 about the signing of a contract worth EUR19 million (excluding VAT) with Verbund Wind Power Romania (the "Beneficiary”), part of the international Verbund Group, one of the largest renewable energy producers in Europe.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report that it made two term deposits on August 11.
Romania's Finance Ministry raised RON866.5 million from banks on Monday (August 11), selling government paper in two auctions, at annual average yields of 7.25% and 7.35%, respectively.
Early Game Ventures is investing EUR1 million in spacetech startup Orbital Matter, which has developed and patented a method to make objects in space, reducing launch weight by up to 70% and launch volume by 10 times, Early Game representatives said in a statement.