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EIT InnoEnergy, supported by the European Institute of Innovation and Technology (EIT), a body of the European Union, announces the appointment of Mikołaj Budzanowski as its new Board Member and CEO of EIT InnoEnergy Central Europe, effective January 2025.
Allianz-Tiriac, the second largest insurer in Romania, ended the first nine months of 2024 with a sales volume of RON2.7 billion, up 6% from the same period of 2023.
Romania’s real estate market is readying to end a mixed year in terms of results, characterized by strong infrastructure activity, significant investment rebound, but also a disappointing economy, with a lower-than-expected GDP increase, according to Colliers consultants.
Danube freight carrier Transport Trade Services will kickstart a EUR23 million investment for the development of Canopus Constanta grain terminal.
Nuclear power producer Nuclearelectrica and international consortium Candu Energy Inc., an AtkinsRéalis company, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co signed the Engineering, Procurement and Construction (EPC) contract for the advancement of Cernavoda NPP Unit 1 refurbishment.
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.
Law firm Filip & Company assisted Mozaik Investments in the sale of a minority stake in 5 to go to investment funds Invenio Partners and ACP.
Building materials producer TeraPlast Bistrita has acquired the PVC and PE Pipe production assets of Hungarian company Wavin, via Polytech Kft subsidiary.
Nine months after its launch in Romania, Munch app that aids reduce food waste, has reached 180 partners in 291 locations of Bucharest and Iasi, marking a 40% increase over the past six months.
Dan Sucu, owner of Mobexpert and the main stakeholder in football club Rapid Bucuresti, has officially taken over the renowned Italian football club Genoa, in the wake of a capital hike financial transaction.
Danube freight carrier Transport Trade Services (stock symbol: TTS) has informed in a stock market report on Dec.18, 2024 that its Board of Directors approved the extension of a $17 million contract for the provision of integrated logistics services.
The shareholders of port operator Socep Constanta (stock symbol: SOCP) have approved the proposition of Sammarina Imobiliare, which owns 6.3% of Socep's share capital, to distribute RON55.7 million worth of dividends from the undistributed profit related to the financial years 2022 (RON39.14 million) and 2023 (RON16.52 million), the company announced in a stock market report on Dec.18.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Dec.18, 2024 about the conclusion of a transaction worth RON18.6 million with electricity supplier and trader Energy Distribution Services (EDS), on Dec.17.
The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18).
Banca Comerciala Romana (BCR) and Erste Group Bank AG have provided EUR107.23 million financing to Enery, a key player in the renewable energy sector in Central and Eastern Europe.
Garanti BBVA Leasing, part of Garanti BBVA Group Romania, has entered into a new finance agreement with the European Fund for Southeast Europe (EFSE).
Poland's LuxVet Group has taken over the RegalVet clinic in capital city Bucharest, which marks its fifth acquisition on the Romanian veterinary services market.
PartnerVet Group, controlled by Romanian entrepreneur Ferenc Korponay and the Dragic family, continues its expansion process by integrating the Vasi-Vet clinic from Botosani into its national network of partner veterinary clinics.
Cornerstone Communications, a local consulting firm specializing in investor relations and capital markets advisory, together with MIA Marketing, a Romanian market research company, and in collaboration with BT Capital Partners, the investment division of Banca Transilvania Financial Group, finalized the 2024 edition of the Market Pulse study, dedicated to the capital market and the behavior of retail investors in Romania.
Bulgaria's investment fund Invenio Partners and Poland's investment fund ACP have acquired 60% in coffee shop chain 5 to go in a transaction worth nearly EUR18 million, according to estimates by Ziarul Financiar (ZF) daily.19990 items