CEC Bank is listing today on the Regulated Market of the Bucharest Stock Exchange, a bond issue worth 300 million euros, with maturity in 2029. The annual interest is 5.625% and the bonds have received a BB rating from Fitch. The […]
Deloitte Romania assisted AQUILA, one of the leaders in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in its expansion on the Hungarian market through the acquisition of KITAX, one of […]
Opinion by Energy Policy Group (EPG) experts Nadia Maki and Radu Dudău Romania adopted Government Decision No. 318/2024 in April 2024, introducing a Contracts for Difference (CfD) scheme to support low-carbon emissions technologies. Throughout the summer of 2024, ANRE set […]
ROCA Industry announces that today the Mureș Trade Register approved the merger between Eco Euro Doors and Workshop Doors, wholly owned subsidiaries of the company. This marked the final step in the entire merger process between the two subsidiaries, the […]
Real estate developer Nusco has signed a partnership agreement through which Hyatt will open its first hotel unit in Bucharest, in one of the largest urban regeneration projects in Romania – Nusco City. The Hyatt operator is entering the Bucharest […]
After the first 9 months of 2024, Allianz-Tiriac Asigurari reached a sales volume of 2.7 billion RON, up 6 percent compared to the same period last year. Total gross claims expense increased by 30 percent and approached 2 billion RON […]
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, this […]
This year has been a mixed bag for Romania’s overall achievements and results, with both robust infrastructure activity, a strong recovery in real estate investments, and an economy that underperformed due to lower-than-expected GDP growth, according to Colliers consultants. While […]
TeraPlast Group continues its geographical expansion in Europe and acquires the assets for PVC and PE pipes production held by Wavin Hungary (Orbia’s Building and Infrastructure business). The acquisition will be made by Polytech Kft, a subsidiary of TeraPlast. The […]
Nuclearelectrica and the international consortium Candu Energy Inc, 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 on December 19, […]
