Merete Clausen, Director at the European Commission's DG GROW, to join European Investment Fund (EIF) as Deputy Chief Executive starting January 16th 2025.
Through this collaboration with EIF, Garanti BBVA is launching two new guarantee programs designed to address key challenges for Romanian enterprises.
Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.
Nine Realms' fund will support early-stage companies in the supply chain technology sector, with a strong focus on climate and environmental impact - including the blue economy.
Nearly half of EIB Group lending and investments in European Union last year went to cohesion regions, according to new report.
This agreement was facilitated by the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
The new programme will promote women leaders in venture capital and private equity and is open for pan-EU participation.
The fund's strategy is in line with the Green Deal focusing on climate and environmental impact.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.