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.
BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county
Service charges for modern office buildings in Romania have seen the most substantial increase in recent years, with approximately a 10% rise in the 2025 allocated budgets,
The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.
Romania's Consumer Price Index (CPI) increased marginally by 0.07% compared to March 2025, while the annual inflation rate reached 4.9% by April 2025, according to the National Institute of Statistics (INS).
Sipex, a Romanian distributor of construction and finishing materials listed on the BVB AeRO market, reported a turnover of RON 66.5 million (€13.38 million).