DRI secures €60 million for new solar park in Romania
DRI, the EU renewables arm of DTEK, has secured a €60 million equivalent loan from UniCredit and Garanti BBVA to finance the construction of the Văcărești solar park in Romania.
DRI, the EU renewables arm of DTEK, has secured a €60 million equivalent loan from UniCredit and Garanti BBVA to finance the construction of the Văcărești solar park in Romania.
NE Property BV, part of the NEPI Rockcastle Group, has obtained a €190 million sustainability-linked revolving credit facility from a banking consortium in Romania.
Prime Kapital has secured a €20 million financing facility from Garanti BBVA for the third phase (residential) of its Silk District urban regeneration project in Iași.
Garanti BBVA has announced a long-term financing agreement of €10 million for the development of the National Golf & Country Club, a project developed by DM Sport & Energy that is located in Dâmbovița County, less than 37 km north of Bucharest.
Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec integrating a robust recycling component into its production cycle.
Through this initiative, the bank aims to promote mid-term saving habits and support customers in achieving their financial goals with a convenient and fully online offer.
Peștera Wellness & Spa Hotel officially opened its doors to tourists in December, 2024, marking a significant milestone as the first 5-star accommodation in Dâmbovița County.
Fitch has also upgraded GBR's Viability Rating (VR) to 'bb' from 'bb-' and Shareholder Support Rating (SSR) to 'bb-' from 'b-'.
Launched in June, the online lending feature allows existing clients to apply for personal loans or Bonus Cards 24/7, from anywhere in the world, using just a smartphone.
Garanti BBVA Romania recorded a net profit of RON 177 million in 2023 and operating revenues of RON 521 million.
The GIA virtual assistant is available on all devices and can respond to customer inquiries in two languages, Romanian and English.
Romania's inflation rate is expected to reach a peak of 9.6-9.7% in September, and will likely remain above 9% by the end of the year.
Romania's Minister of Finance Alexandru Nazare has announced changes to the tax regime of multinational firms as part of a wider effort to increase revenues to the budget.
Romania's annual inflation rate has surged to 7.8% in July 2025, marking a significant increase from the previous month, according to the National Institute of Statistics (INS).
Local FMCG distributor Aquila has reported a consolidated revenue of over RON 1.5 billion (€301.8 million) during H1 2025, marking an 18% increase compared to the same period in the previous year.
DRI, the EU renewables arm of DTEK, has secured a €60 million equivalent loan from UniCredit and Garanti BBVA to finance the construction of the Văcărești solar park in Romania.