Articles 1 - 25 of 905 by " Cristina Bellu"
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Nuclearelectrica Signs Contract for Cenavoda NPP Unit 1 Retooling, a EUR1.9B Project
joi, 11:28
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
joi, 10:42
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
miercuri, 10:43
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
marţi, 11:04
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
marţi, 10:55
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
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CFA Romania Analysts Say Romania Economy Performed Below Potential in 2024 and Will Continue To Decelerate in 2025
28 nov 2024
CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a real GDP more
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Three-Month ROBOR Continues to Rise, Reaches 5.87%/Year
26 nov 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, as well as for companies lei-denominated more
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Bank Deposits Near RON602B in October, Up 9.8% YOY
26 nov 2024
Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign currency more
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Romania Private Lending Accelerates Further to 8.9% in October
26 nov 2024
Private lending increased by 8.9% in October against the same period of 2023, to a total of RON416 billion, after local currency loans rose by 11.7% and foreign currency ones advanced by 3%, central more
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NEPI Rockcastle Takes Over 50 MW Solar Farm from Monsson
26 nov 2024
Monsson, the main renewable energy project developer in Romania, controlled by businessman Emanuel Muntmark, has transferred to NEPI Rockcastle, Romania’s largest mall owner, a 50 MW photovoltaic more
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Retele Electrice Muntenia Set to Invest RON445M in Modernization of Electrical Infrastructure in Ilfov and Giurgiu
25 nov 2024
Retele Electrice Muntenia, part of PPC Group in Romania, has launched a public tender of over RON445 million on SEAP platform for the design and execution of maintenance and modernization works on more
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Bucharest’s Calea Victoriei Up Two Positions to 38 in Ranking of World’s Most Expensive Shopping Streets
25 nov 2024
Bucharest’s Calea Victoriei (Victory Avenue), the main shopping street in Romania, has climbed two positions, to 38, in the ranking of the world’s most expensive shopping destinations, as more
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Stay Fit Gym Becomes Largest Fitness Center Chain in Romania
21 nov 2024
Stay Fit Gym has become the network with the biggest number of centers opened in Romania and Eastern Europe with the launch of its 47th unit in Rahova, Bucharest. more
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New Car Registrations in Romania Up 5.4% YOY in Jan-Oct 2024 To over 127,000 Units
21 nov 2024
New passenger car registrations in Romania during the January-October 2024 period rose by 5.4% from the year-earlier period, to 127,061 units, while at EU level they merely edged up by 0.7% to more
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eJobs: Employers Posted over 70,000 Jobs on iajob.ro Platform in Five Months
19 nov 2024
More than 70,000 jobs have been available in the past five months on the iajob.ro platform that eJobs.ro has launched this year for candidates who want to get a job fast without undergoing the more
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Ana Consulea Turns Zexe Braserie Into Zelateria
18 nov 2024
Zexe Braserie, the business launched a decade ago by Ana Consulea, one of Bucharest’s best-known confectioners, has become Zelateria, after a rebranding process initiated last year. more
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Dental Imaging Chain DigiRay Buys Maraffka Clinics of Ploiesti; Reaches 31 Centers Nationwide
18 nov 2024
Dental and maxillofacial imaging chain DigiRay, founded by doctor Cristian Pop in Zalau in 2011 and taken over by investment fund Black Sea Fund in 2020, has acquired Maraffka clinics of Ploiesti, more