Power company Electrica has successfully priced its inaugural €500 million green bonds, with a five-year maturity, at a competitive 4.566% yield.
Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.
The Metaminds-Trencadis Corp Association has secured a framework agreement to provide internal cloud TIC solutions and products for Romania's Governmental Cloud project.
Romania's GDP increased by 0.3% on the unadjusted series and 1.5% on the seasonally adjusted series in the first six months of the year, compared to the first half of 2024.
The European Investment Bank (EIB) has granted a €25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps.
Visual Fan's Allview Energy division has completed a 1.96 MWp photovoltaic park project at the Cacica Salt Mine in Pârteștii de Jos, Suceava County.
Around 50% of Romanians are expressing concern that they will not be able to maintain a comfortable lifestyle after retirement, finds new research by Kearney.