Property developer Prime Kapital has secured a €150 million syndicated loan arranged by UniCredit Bank Romania and Alpha Bank Greece to refinance Mall Moldova.
Romanian public investment fund Lion Capital is the main buyer of a new bond issuance of PK Development Holding, a company controlled by Prime Kapital, which is guaranteed by a mortgage in the recently opened Mall Moldova.
Prime Kapital will open Mall Moldova on April 17, with Cushman & Wakefield Echinox providing strategic consultancy to the developer.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
DIY retailer Leroy Merlin has leased around 11,000 sqm for a new store that will open in Iași-based Mall Moldova during H1 2025.
Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.
The European Parliament and the Council have selected the French city of Lille to host the future EU Customs Authority (EUCA), following a final decision reached on Wednesday.
Holcim Romania has signed a funding agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative.
Romanian national carrier Tarom and Condor Airlines have launched a commercial codeshare partnership, expanding Bucharest's transatlantic connectivity through Frankfurt hub.
Recrutopia, a Romanian AI-powered recruitment service, has been launched by Neurony, a Romanian software company, with plans to increase revenues to €6 million this year versus last year's €2.5 million.