Tag: Daniel Tudor (3 articles)

Real estate   |   17 November, 2025 at 1:20 PM

Goldbach Group raises €5.3 million for retail park expansion

Goldbach Group has entered a strategic partnership with Hubix, a Romanian investment and management company, securing over €5.3 million to develop four new retail parks under the K2 brand. The partnership combines Goldbach Group's retail park development expertise with Hubix's financing structuring capabilities and private capital attraction through its established investors' community.

RECOMMENDED FROM THE HOME PAGE
Economy

Romanian insolvencies surge 46.5% in November 2025

Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025, according to financial analysis platform Risco. This represents a 46.5% increase compared to November 2024, when just over 670 cases were recorded.

Finance

Robor rates drop slightly as Romanian lending costs ease

The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday, down from 6.22% in the previous session, according to data published by the National Bank of Romania (BNR).

Economy

Romanian industrial prices surge 8% in October

Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).