Real estate | 31 May, 2024 at 10:32 AM
Kinstellar advises Globalworth on logistic portfolio to CTP Europe
The transaction was signed in March 2024 with closing having occurred in May 2024.
The transaction was signed in March 2024 with closing having occurred in May 2024.
The portfolio, comprised of 270,000 sqm GLA and 30ha landbank, includes six industrial parks and other complementary facilities in six key locations in Romania
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.