Articles 1 - 25 of 917 by " Cristina Bellu"
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REI: Over EUR2B in Non-Reimbursable Funds Available for Companies in 1Q/2025
astăzi, 11:50
More than EUR2 billion under the form of non-reimbursable funds are set to be provided in the first quarter of this year for investments in startups, as well as in the fields of technology, innovation more
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Garanti BBVA Lends EUR5M to Industrial Group Alca for Funding of 5-Star Hotel in Bucegi Mountains
astăzi, 11:33
Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi mountains. more
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SelfPay Contracts EUR1.5M Loan from Banca Transilvania for Business Expansion
marţi, 10:02
SelfPay, which owns the largest network of self-service payment terminals in Romania, has signed a EUR1.5 million credit contract with Banca Transilvania. more
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C & W Echinox: Local and European Real Estate Market Enter 2025 with Clear Directions toward Recovery and Adaptation
13 ian 2025
Favorable economic factors, such as inflation stabilization, interest rate cuts and real income growth, are aiding real estate sector consolidation as a vital pillar of the continental economy, points more
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Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
10 ian 2025
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering the more
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Romania Labor Market in 2024. Employers Posted almost 300,000 New Jobs
9 ian 2025
Employers posted almost 300,000 new jobs in 2024 and around 11 million applications were registered, reveals Review & Trends annual report drawn up by eJobs Romania. more
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Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024
2 ian 2025
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. more
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Three-Month ROBOR Ends 2024 At 5.92% From 6.21% At The Beginning Of The Year
31 dec 2024
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, was set at 5.92% on December 31, 2024, more
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Fly Lili Stops Flying To And From Brasov
27 dec 2024
Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025. more
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Bank Deposits Hit almost RON615B in November, Up 10.6% YOY
27 dec 2024
Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency more
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Romania Private Lending Annual Growth Slows Down in November to 8.8%
27 dec 2024
Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central more
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EY: Romania Granted EUR1.3B via State Aid in 2019-2023
23 dec 2024
The total value of state aid approved in Romania during the 2019-2023 period reached EUR1.3 billion and 62% of approved state aid projects were granted to foreign companies, shows an EY Romania more
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Nuclearelectrica Signs Contract for Cenavoda NPP Unit 1 Retooling, a EUR1.9B Project
19 dec 2024
Nuclear power producer Nuclearelectrica and international consortium Candu Energy Inc., an AtkinsRéalis company, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co more
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Meta Estate Gets EUR1M Loan from Patria Bank To Refinance Investment in Poiana Brasov Swissôtel
19 dec 2024
Real estate holding Meta Estate Trust has contracted an almost EUR1 million loan from Patria Bank to refinance 60% of its investment in Swissôtel project of Poiana Brasov. more
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ATM Ventures Buys 30% in Bucharest Taxi Company
18 dec 2024
ATM Ventures, the investment arm of Autonom group owned by brothers Marius and Dan Stefan, has taken over 30% in Bucharest’s Meridian Taxi. more
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BRD Sogelease IFN Gets EUR70M Loan from EIB To Fund Romania SMEs
17 dec 2024
BRD Sogelease IFN has contracted a EUR70 million loan from the European Investment Bank (EIB) to the end of boosting funding for a series of local small and medium-sized enterprises. more
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Signal Iduna Readies To Enter Romania RCA Segment
17 dec 2024
Signal Iduna, leader of the local health insurance market, is assessing opportunities on the auto liability insurance (RCA) market in Romania amid the current dynamics of the sector and consolidation more
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Catinvest Invests EUR12M in 60-Unit Apart-Hotel in ElectroPutere Parc Craiova
12 dec 2024
French real estate group Catinvest is expanding its footprint in Oltenia with the opening of Aparthotel Craiova, a EUR12 million investment in ElectroPutere Parc, owned and managed by the company. more
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Techbolide Signs with Sweden’s Vastint to Relocate Headquarters to Business Garden Bucharest Project from Orhideea
10 dec 2024
Techbolide, a developer of software solutions and IoT technologies, is relocating its central headquarters to office compound Business Garden Bucharest part of the portfolio of Swedish developer more
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Largest Baltic Area Investment Fund Buys Paper Maker Pehart Grup Romania
10 dec 2024
INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic area, has signed an agreement for stock acquisition in Pehart Grup, one of southeastern Europe’s largest paper producers. more
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Cushman & Wakefield Echinox: Bucharest Office Space Stock among “Youngest” in Europe
5 dec 2024
Bucharest office space stock is among the “youngest” in Europe, but also in CEE, with an average age of around 11 years, which is a plus for owners in retaining and attracting new tenants, being more
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CFA Romania Analysts: Economic Confidence Plummets amid Extremely High Political Uncertainty and Soaring Investor Risk Aversion
5 dec 2024
The Macroeconomic Confidence Index of CFA Romania Association plunged in November by 13.5 points to 31.4 points, the lowest level since July 2020, shows the association’s latest survey. more
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Kearney: Over Half of Banking Interactions in Romania for New Product Purchases Are Entirely Digital, Almost Double from 2020
4 dec 2024
More than half (57%) of interactions Romanians have with their banks for new product purchases are digital, a level that is almost double the 2020 one, of 30%, in line with the European Retail Banking more
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CEC Bank Grants Tu Agrar Farm EUR3.3M Investment Loan to Purchase Shares of Foreign Investor
4 dec 2024
CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable more
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Romanian Army Signs EUR857M Contract with Turkish Otokar for Supply of COBRA II Tactical Armored Vehicles
28 nov 2024
The Romanian Army, via Romtehnica, a company representing the Romanian Ministry of Defense (MApN), has signed with Turkish land systems manufacturer Otokar a multiannual contract worth RON4.26 billion more