Banca Transilvania is getting ready to grant Paval Holding Group an about EUR400 million loan, which the Paval brothers will be using to fund some of the acquisition of Carrefour’s Romanian operations, a deal announced at EUR823 million, banking sources say.
Romania's Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Chinese power equipment provider Sieyuan Electric Co Ltd to deploy battery energy storage capacities of up to 2.5 GWh, planned for the next four years, as per a joint statement released on Thursday, March 19.
Romania's finance ministry has rejected all bids submitted by investors at an auction of RON600 million worth of government bonds, held on Thursday, March 19.
Electricity and electrical equipment manufacturer Electromagnetica Bucuresti saw its losses deepen to RON10.7 million in 2025, from a RON7.4 million negative result in 2024.