Immobiliare Grande Distribuzione (IGD) has sold the Winmarkt Crinul Nou shopping centre, located in Alexandria, southern Romania, to a private Romanian investor, for €3.3 million.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
OLX Group has announced the sale of its subsidiary, KIWI Finance, to Partners Financial Services, a Czech financial consulting company.
Blacklane, the operator of a premium chauffeur service platform, has started operations in Bucharest as part of its expansion in Romania.
Romania's energy regulator ANRE has approved the establishment of one of the largest wind farms in Romania.
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).