Law firm Tuca Zbarcea & Asociatii has assisted Romanian entrepreneurs Gianina and Iulian Nica, the founders of food retail chain La Cocos in attracting a strategic investment from the part of EBRD, CEECAT Capital and Morphosis Capital Fund II.
The European Bank for Reconstruction and Development (EBRD) and private equity funds CEECAT Capital Fund and Morphosis Capital Fund II invested EUR30-35 million to take over 56% in stock of the most powerful entrepreneurial business in Romania’s food retail, La Cocos, in line with ZF estimates.
The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders to support businesses growth, and Morphosis Capital Fund II, a growth capital fund focused on turning local SMEs into regional players, have entered the shareholding structure of Romanian-held food retailer La Cocos.
Photon Energy has signed a senior secured loan agreement worth up to EUR15 million with the European Bank for Reconstruction and Development (EBRD) that will finance the construction and completion of the company’s portfolio of six photovoltaic parks, with a total 29 MWp capacity, in Romania.
The European Bank for Reconstruction and Development (EBRD), the Bucharest Stock Exchange (BVB), and VERTIK have announced on April 10, 2024 the completion of the Investor Relations and Liquidity Support program.
The European Bank for Reconstruction and Development (EBRD) is lending EUR15 million to the municipality of Alba Iulia in Romania to co-fund together with the European Union the rehabilitation of the city’s public transport infrastructure.
Romania is shortly launching its first auction for a contract-for-difference (CfD) support scheme for renewable energy. Onshore wind power projects and solar photovoltaic (PV) projects with a total capacity of 2,000 MW will be supported through a CfD scheme for 15 years, the European Bank for Reconstruction and Development (EBRD) said in a statement.
The European Bank for Reconstruction and Development (EBRD) is exploring a RON240 million loan for Distributie Energie Electrica Romania (DEER) company, part of Electrica group.
The European Bank for Reconstruction and Development (EBRD) announced that it was continuing its partnership with Startup Wise Guys (SWG), one of the leading startup accelerators in Europe, with the launch of a new programme named “Fintech 5”.
The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up to EUR100 million under a risk-sharing agreement signed by the two lenders.
Romania’s Competition Council has approved an operation whereby the European Bank for Reconstruction and Development (EBRD) is acquiring a part of the share capital of company Vestmoldtransgaz SRL.
Raiffeisen Bank and the European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan totaling EUR37.55 million to Romanian retailer eMag, under an agreement signed Tuesday in Bucharest.