12.17.2024

The European Investment Bank (EIB) is lending EUR200 million to Distributie Energie Electrica Romania (DEER), the distribution operator of Electrica Group, to upgrade its electricity distribution more

12.12.2024

The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, more

10.21.2024

Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a meeting on December 11 to vote on approving the more

09.30.2024

Romania attracted foreign direct investments (FDI) totaling EUR6.74 billion in 2023, compared with a record level of EUR10 billion reported for 2022, an analysis by the country's central bank and the more

08.06.2024

Intesa Sanpaolo Bank, the Romanian subsidiary of Intesa Sanpaolo Group, the leading banking group in Italy, has concluded a partnership with the European Investment Fund (EIF) that guarantees up to more

05.10.2024

Romanian state-run lender CEC Bank has financed more than 3,000 investment projects from European funds, in the last 17 years, according to Ramona Ivan, Director of Relations with National and more

03.08.2024

Romania was among the top beneficiaries of the European Investment Bank (EIB) Group's support in 2023 relative to the size of its economy, considering that new financing committed in 2023 reached a more

02.07.2024

The Board of Directors of the European Investment Bank (EIB) has approved EUR3.2 billion of new financing to support clean energy, transport, corporate research and development, and business more

01.25.2024

In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable 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

09.22.2022

Romania is considering getting a loan of approximately EUR4 billion from the European Investment Bank (EIB) and the funds will be used as co-financing for projects carried out under the National more

09.07.2022

The European Commission and the European Investment Bank (EIB) have signed the agreement on the Public Sector Loan Facility, the third pillar of the Just Transition Mechanism. The facility will more

06.23.2022

ING Bank Romania has granted investment loans worth over EUR25 million over the last three years to Boromir, the largest Romanian-held business in the milling and bakery sector. more

03.23.2022

Alpha Bank Romania introduces on the local market three investment funds available in euro and dollar denominations, which are registered in Luxembourg and address investors who wish to have a more

02.07.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from more

01.26.2022

Raiffeisen Bank on Wednesday said it assisted investment fund Insight Investment, as financial advisor, on the sale transaction of Dutch-based company Thames Farming Enterprises to African Industries more

01.21.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, on Friday said it started the implementation of the financing plan for 2022, with two transactions more

02.08.2021

International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said in a more

12.02.2019

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11.07.2019

International Investment Bank (IIB) has recently attracted a new round of financing on the Bucharest Stock Exchange for the fifth year in a row. The bank listed three-year bonds on Thursday. more

06.29.2017

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06.21.2017

Political and regulatory climate is the main short-term barrier to implementing investment and productivity levels are well below the EU average, a survey presented Wednesday by the Romanian central more

06.21.2017

The central bank has identified 12,200 companies that are profitable and may be credited but funding barely trickles from the financial market, governor Mugur Isarescu said Wednesday, urging bankers more

10.09.2015

International Investment Bank (IIB), established in early '70s by the USSR and other socialist states, plans to raise RON200 million (EUR45.3 million) by selling three-year maturity bonds to qualified more

09.15.2015

Romania has two high earners in the banking business, who make more than EUR1 million a year, one of whom working on a top management position and the other in investment banking, according to the more