International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and member of Italy’s UniCredit Group to expand the range of products for green energy and improve competitiveness on the market of climate project funding.
Investimental, the newest broker on the Romanian capital market, and InterCapital Asset Management, the largest independent asset manager in Croatia with assets under management of EUR420 million, announced the signing of an agreement to launch a new Exchange Traded Fund (ETF) on the Bucharest Stock Exchange.
Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International School in Timisoara, which will expand the total capacity of the school to 924 students.
Lithuanian-held Spark, a provider of electric car-sharing service via a mobile app, which started operations in Romania in 2019, has expanded its service coverage to four new areas in Bucharest – Promenada, AFI Cotroceni, Unirea Shopping Center and Cosmopolis residential complex, its officials said in a release.