Finance

Business Forum   |   3 July, 2025 at 7:00 PM

Romania to double turnover tax for banks

Romania's Government aims to double the special turnover tax for banks to 4% as part of a wider fiscal package designed to balance public finances.

Business Forum   |   27 June, 2025 at 9:02 AM

BT raises RON 1.5 billion in record bond sale

Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).

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Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.

Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.