Economic growth in the developing economies of the Europe and Central Asia region is likely to slow, says the World Bank’s Economic Update for the region, released today. Regional growth is now expected at 2.5 percent in 2025-26 owing to […]
Delgaz Grid, the natural gas and electricity distribution company of the E.ON Group in Romania, will carry out 25 investment projects this year in Mureș County, with a total value of approximately 46 million lei (9 million euros). The investment […]
TeraPlast announces that it has completed the transaction to acquire the majority stake, of 51%, of the share capital of Aquatica Experience Group (AEG). At the closing, TeraPlast paid EUR 2 million to the sellers and provided a loan of […]
MET achieved its third most profitable year in 2024 on the back of a consolidated revenue of EUR 17.9 billion. The company’s revenue was down from EUR 24.5 billion in 2023 reflecting the normalisation of energy prices. The total traded […]
Over 20,000 places are available in the 2025 edition of the Start-Up Nation program, which offers opportunities for young Romanians up to 30 years old who want to transform their ideas into sustainable businesses, announced the Minister of Economy, Digitalization, […]
FIC organised an event dedicated to the energy transition, providing a platform for strategic dialogue between decision-makers and representatives of the economic environment. The event brought together investors with the Minister of Energy, Sebastian Burduja, the Minister of Environment, Water […]
Garanti BBVA Romania registered net revenues of RON 654 million in 2024, reflecting a 28.6 percent year-on-year increase, with both loans and deposits on an upward trend. In the mentioned period, the bank’s net interest income rose to RON 570 […]
4finance Holding S.A. has signed a definitive agreement to sell TBI Bank to Advent International, a leading global private equity investor from United States, through its subsidiary TBI Financial Services B.V. The transaction is subject to customary regulatory approvals and […]
Eximprod Group announces the completion of a 50 MW photovoltaic park located in Ciorani, Prahova County. “A new renewable energy project is ready. The 49.5 MW AC Ciorani photovoltaic park has been completed. The commissioning and integration into the national […]
Banca Transilvania is financing Simtel, one of the leaders in renewable energy in Romania, with 28 million euros for the completion of a photovoltaic park in Giurgiu. This is an investment loan of 16 million euros and a bridge loan […]
