Tag: Erste Group Bank (3 articles)

Real estate   |   3 December, 2025 at 1:32 PM

Iulius secures €305 million refinancing for Palas Iași

Iulius has secured a €305 million syndicated loan facility to strengthen its development strategy. This represents the first unitary refinancing in Romania for a portfolio of multiple buildings with different functions within a mixed-use project - Palas Iași.

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Economy

Romania's trade deficit narrows in first 11 months of 2025

Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).