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Sovereign Wealth Fund of Norway Sold Its Electrica Stake in 2022
Capital Market

Sovereign Wealth Fund of Norway Sold Its Electrica Stake in 2022

The Sovereign Wealth Fund of Norway owned stake in eight companies listed on the Bucharest Stock Exchange as of December 31, 2022, as well as in the real estate developer Globalworth, which has a strong presence in Romania, according to the fund's latest data.

Loredana Frățilă-Cristescu · 31.01.2023 · 19:01 · 1 min
World’s Largest Sovereign Wealth Fund Held Stake in 9 Romanian Listed Companies at End of 2021
Capital Market

World’s Largest Sovereign Wealth Fund Held Stake in 9 Romanian Listed Companies at End of 2021

The world's largest sovereign wealth fund, with about $1,400 billion in assets, i.e. six times what the Romanian economy produces in a single year, was a shareholder in nine companies listed...

Loredana Frățilă-Cristescu · 03.03.2022 · 17:04 · 1 min
Capital Market

Norway's Sovereign Wealth Fund Bought Romanian State Paper Worth $22M In 2015

Norway's sovereign wealth fund, one of the world’s largest, with assets of EUR796 billion, bought Romanian state paper worth $22 million (RON91 million) in 2015, after a nine-year hiatus, ac...

Ecaterina Craciun · 10.03.2016 · 13:53 · 1 min
Capital Market

World’s Biggest Sovereign Fund Doubles Exposure To Romania

Norway’s sovereign fund, with assets five times bigger than Romania’s GDP, in 2014 doubled its bet on Romania, reaching EUR115 million worth of investments in nine Romanian listed companies.

Catalina Apostoiu · 17.03.2015 · 00:00 · 1 min
Norway Removes Labor Market Restrictions For Romanians
Social/Politics

Norway Removes Labor Market Restrictions For Romanians

The Norwegian Government on Friday decided to lift the barriers to the labor market for Romanian citizens, the Romanian Foreign Ministry informs.

Radu Bostan · 15.06.2012 · 16:04 · 1 min
Energy

Norway To Give Romania EUR300M In Non-Refundable Aid To Reduce Pollution

The Norwegian government will give Romania non-refundable aid worth EUR306 million in 2012-2014, destined for companies using non-pollutant technologies.

Radu Bostan · 05.06.2012 · 14:36 · 1 min
Major Solar Power Equipment Maker Eyes Romania
Energy

Major Solar Power Equipment Maker Eyes Romania

Norway’s Renewable Energy Corporation (REC), one of the world’s largest makers of equipment for solar farms, whose revenue stood at about EUR1.8 billion in 2011, is interested in the Romania...

Radu Bostan · 14.03.2012 · 00:00 · 2 min