The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide EUR24.4 million funding to INVL Renewable Energy Fund I, a fund investing in renewable energy projects, for the construction of a 60 megawatts (MW) capacity solar power plant in Romania.
Romania's Finance Ministry raised RON1.54 billion from banks on Monday (August 5), selling government paper in two auctions, at annual average yields of 5.80% and 6.27%, respectively.
Online retailer eMAG is launching a new online shop-in-shop with apparel, footwear and accessories, called Fashion Shop, which sells more than one million products, the company’s representatives said in a press statement.