Law firm Filip & Company legally assisted Banca Transilvania with the launch and execution of its first AT1 bond issue on international capital markets, a deal worth EUR500 million.
Romania unemployment rate dropped to 5.9% in October, 0.2% below the September level, with the total number of unemployed people being estimated at 487,300, 10,000 fewer than in September, but 23,600 more than in the year-earlier period, in line with the country's statistics office INS.
Horia Tecau is launching Mind.Set.Match platform dedicated to sports education and is entering the shareholding structure of Electryphy, a Romanian sports equipment brand.
Swisspod Technologies, the Romanian-Swiss startup developing an ultra-high-speed transportation technology, has reached investments totally worth around $20 million, with $13 million coming from funding raised from funds and private investors such as Hurbig Ventures, Silicon Roundabout Ventures and Felix Porsche, and the rest from grants mainly obtained from the Swiss state and the European Innovation Council.