Iulian Ernst

1 week ago | intellinews.com | Iulian Ernst

Romanian energy authorities and power distribution companies are preparing for a significant electricity oversupply during the Easter holiday period, prompted by a marked reduction in national consumption and an unregulated surge in renewable energy production, particularly from prosumers, according to Economica.

1 week ago | romania-insider.com | Iulian Ernst

Romania’s Arctic Stream (BVB: AST), an IT integrator using Cisco technology to provide high-performance products and services, plans to pay RON 1.4 dividend per share this year (+16.6% y/y), resulting in a dividend yield of nearly 7% depending on the share’s price.

1 week ago | bne.eu | Iulian Ernst

The European Bank for Reconstruction and Development (EBRD), which claims ownership of Moldova’s main sea-to-river port, Giurgiulesti International Free Port (PILG), announced that it has launched “a structured mergers and acquisitions (M&A) process through an international tender” to identify potential strategic and financial investors who can further support the successful long-term development of the strategic asset for Moldova.

1 week ago | intellinews.com | Iulian Ernst

The European Bank for Reconstruction and Development (EBRD), which claims ownership of Moldova’s main sea-to-river port, Giurgiulesti International Free Port (PILG), announced that it has launched “a structured mergers and acquisitions (M&A) process through an international tender” to identify potential strategic and financial investors who can further support the successful long-term development of the strategic asset for Moldova.

1 week ago | intellinews.com | Iulian Ernst

Victoriabank, a subsidiary of Romania’s Banca Transilvania Financial Group and the third-largest bank in Moldova, announced in a press release on April 11 that it has signed an agreement to acquire Microinvest, the largest non-bank microfinance institution in the Republic of Moldova. Banca Transilvania announced plans to take over Microinvest in early 2020, but the pandemic put its plans on ice for five years.