Industry | 8 January, 2025 at 10:34 AM
Enterprise Investors and EBRD partners with eTravel
The investment marks a strategic partnership between Enterprise Investors and eTravel founder and CEO Andrzej Wierzba.
The investment marks a strategic partnership between Enterprise Investors and eTravel founder and CEO Andrzej Wierzba.
This year, the company will construct 140 single-family houses and expects to generate revenues exceeding €14 million.
The planned €24.7 million investment will give the fund a majority stake in Sescom, once the current majority shareholders acting in concert have, i.a., completed a squeeze-out.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.