Romania's Finance Ministry raised RON500 million from banks on Thursday (Dec. 19, 2024) selling benchmark bonds, at an annual average yield of 7.24%.
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.