Income, an Estonian fintech company connecting investors with non-bank lenders, announced today its target to raise €1.5 million to expand its private debt investment platform.
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
The consolidated gross profit target is €123.5 million, 15% higher than the result for 2023, while the net profit is estimated to reach €105 million in 2024.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.