Stanleybet Capital, a superstructure of the Game World Group, one of the leading sports betting and gambling operators in Romania, announced at the BVB the Financial Supervisory Authority (ASF) approved the company’s supplement regarding the extension of the period for its public bond issue and the modification of the maximum level of subscriptions allowing for the successful close of the operation.
Romania real estate investments reached EUR750 million in 2024, up 58% from 2023, but a little below the past decade’s annual average of EUR800 million, in line with Colliers annual report.
Law firm RTPR assisted investment fund Integral Capital Group, previously known as Integral Venture Partners, in the purchase of a majority stake in Embryos from the three founders of the clinic.
BoldMind Capital Partners, founded by Dragos Rosca, Claudiu Negrisan, Florina Stancu and Dan Nicolaescu, is launching a regional investment fund with a EUR60 million capital, set to be invested in private companies of Romania, Bulgaria and Croatia.
Building materials producer TeraPlast Bistrita has acquired a majority 51% stake in Aquatica Experience Group (AEG), a provider of water treatment, purification and management services.
OMV Petrom, Romania’s sole oil and gas producer, has announced its proposal for dividends from 2024 net profit: RON0.0444 per share, which at current trading prices of RON0.728 means a 6% return.
OMV Petrom, Romania’s sole oil and gas producer and the largest company by turnover, ended 2024 with RON35.8 billion sales, down 8% from 2023, while net profit climbed by 4% to RON4.2 billion, largely amid the elimination of the tax on refined crude oil.
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, at end-February 2024 started works on a new production line for medium voltage electrical cables, at its factory in Slatina.