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, […]
Filip & Company law firm has assisted Mozaik Investments in the sale of a minority stake in 5 to go to the investment funds Invenio Partners and ACP. This transaction will result in both shareholders – Radu Savopol and Mozaik […]
Garanti BBVA Leasing, part of Garanti BBVA Group Romania, has entered into a new finance agreement with the European Fund for Southeast Europe (EFSE). The 10 million euros loan is aimed at supporting the financing needs of micro, small, and […]
Banca Transilvania’s shareholders approved BT’s merger with OTP Bank Romania at today’s Extraordinary General Meeting of Shareholders. The integration of OTP Bank Romania into Banca Transilvania started in August 2024 and ends on February 28, 2025, through the merger of […]
“I believe that the Tarniţa-Lăpusteşti project should be declared of national importance, but until a feasibility study is done we have nothing, just an idea or old studies,” said Energy Minister Sebastian Burduja in a press conference on Tuesday. “At […]
Brico Dépôt Romania announces that it will transition to new ownership under Altex Romania. Kingfisher has announced the sale of its Brico Dépôt Romania business to Altex Romania for an enterprise value of 70 million euros. The transaction includes Brico […]
The European Investment Bank (EIB) is lending Distributie Energie Electrica Romania (DEER), the distribution operator within the Electrica Group, 200 million euros to upgrade its electricity distribution network covering 40 percent of Romania and serving approximately 4 million households and […]
European Commission has opened formal proceedings against TikTok for a suspected breach of the Digital Services Act (DSA) in relation to TikTok’s obligation to properly assess and mitigate systemic risks linked to election integrity, notably in the context of the recent Romanian […]
The European Investment Bank (EIB) is lending 70 million euros to a unit of BRD Groupe Société Générale to increase financing for a range of businesses in Romania. The EIB loan to BRD Sogelease IFN SA is meant to benefit […]
