Mozaik Investments has announced the acquisition of a majority stake in Genesis College, one of Romania's largest private educational institutions.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
Romanian hotel manager Amstar Management has sold two projects in Bucharest for an undisclosed amount.
The acquisition includes two manufacturing facilities located in the US and the Netherlands, as well as the lease of other manufacturing and R&D facilities in two US locations.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Romania is set to host additional US military assets following a high-level Supreme Council of National Defence (CSAT) decision.
Romania's pharmaceutical sector demonstrates resilience despite fiscal consolidation and slowing economic growth, according to Allianz Trade's latest analysis.