02.22.2024

Technology startups from Romania, the Republic of Moldova, Serbia, Croatia, Slovenia and Bulgaria will be able to get funding through GapMinder Fund II, the EUR80 million investment vehicle launched more

02.20.2024

Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry signed with more

01.26.2024

Danube freight carrier Transport Trade Services (TTS.RO) notified investors on Friday about a shareholder exceeding the 5% stake threshold. That shareholder is Metropolitan Life Pensii Private, one of more

01.23.2024

Mastercard has opened the application window for its Strive EU Innovation Fund – a new initiative aimed at accelerating the development of solutions to support European small businesses on their more

12.21.2023

Law firm PeliPartners assisted the Gymboland Group, which operates a network of 13 indoor playgrounds in Bucharest, Ploiesti and Constanta, to sell the majority stake to the Black Sea Fund at the same more

12.20.2023

Black Sea Fund, an investment fund focused on mid-sized companies and set up in 2018, has acquired a majority stake in Kids Element SA (Gymboland Group), the company that owns and operates indoor more

12.04.2023

The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022. more

11.29.2023

Electrica (EL.RO), an electricity supply, distribution and generation company, has announced shareholders and investors in a stock market report that its subsidiary Distributie Energie Electrica more

11.21.2023

INVL Renewable Energy Fund I, a fund that invests in renewable energy projects and is managed by INVL Asset Management, has signed an agreement with Kommunalkredit Austria AG for a EUR25 million more

10.26.2023

The European Investment Fund (EIF) is granting Raiffeisen Bank Romania two guarantee schemes worth EUR400 million to fund the investments carried out by small and medium-sized enterprises (SMEs) on more

09.07.2023

Romanian State-run nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Thursday (Sept 7) that it signed a Letter of Intent with the Three Seas Initiative Investment Fund more

08.30.2023

The largest investment in the portfolio of private pension fund Aripi, managed by Generali, was in Romania's largest electricity producer, Hidroelectrica (H2O), on July 31, 2023. more

08.04.2023

Romania's energy ministry and E-Distribuţie Dobrogea signed a non-refundable financing contract through the Modernization Fund, in the total amount of RON47.71 million (VAT included). more

08.01.2023

The three largest mutual fund managers in Romania had RON11.2 billion worth of net assets under management at the end of June 2023, accounting for over 60% of the total net assets managed by the top more

07.27.2023

Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banca more

07.27.2023

The group of companies formed by OMV Petrom Marketing (OPM), OMV Hungária Ásványolj Kft/ OMV Hungária Kft. (OMV HU) and OMV Slovensko s.r.o (OMV SK) have received approval for a European funding more

07.04.2023

A group of Polish entrepreneurs and investors, who had previously run Valuetech Seed, one of the top performing Polish venture capital funds for emerging technologies, have raised a EUR25 million more

06.06.2023

Two contracts have been signed for the modernization of electricity distribution networks and the beneficiary is Distributie Energie Electrica Romania, according to Energy Minister Virgil Popescu. more

05.09.2023

Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to fund at more

04.28.2023

Metropolitan Life Pensii Private, the manager of the third largest Pillar II pension fund in Romania after NN Pensii and AZT Viitorul Tau, went shopping in March 2023 and increased its stakes in more

04.04.2023

Sixty-two percent of MedLife (M.RO) shares traded on the Bucharest Stock Exchange in January 2023, went to a single buyer, Pillar II pension fund Metropolitan Life Pensii Private, ZF as calculated more

03.13.2023

Through the seven Pillar II mandatory private pension funds, to which they contribute 3.75% of their gross monthly income, several million Romanian employees have come to own 20% in Transgaz (TGN.RO), more

01.31.2023

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 more

01.25.2023

Private equity fund Innova Capital, one of the most dynamic financial investors in CEE, including Romania, is raising its seventh fund and wants to collect EUR350 million overall. At least 15-20% of more

01.23.2023

Romania's private pension system, consisting of Pillar II - mandatory private funds to which several million Romanian employees contribute a portion of their gross monthly income, and Pillar III - more