Tag: EBRD (21 articles)

Real estate   |   20 May, 2025 at 1:39 PM

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 

Real estate   |   13 May, 2025 at 12:36 PM

EBRD downgrades 2025 growth forecast for most CEE countries

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.

Real estate   |   22 August, 2024 at 6:32 PM

EBRD invests in Romanian retailer La Cocoș

The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer's development plans.

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Metaminds names new CEO

Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.