tbi's profit for the first six months of 2023 has already been capitalized upon approval by the Bulgarian National Bank at the end of 2023.
This development strengthens ElectroPutere Parc's position as the leading shopping destination in Oltenia, boasting over 100,000 square metres of retail space.
In the first half of 2024, the fund returned almost 20%. Raiffeisen Asset Management's assets under management have increased by €180 million since the beginning of the year.
Rolling Facility is a new service available on SeedBlink Syndicates that consolidates multiple small investments into a single entity to streamline cap table management.
Primark will open in Iulius Town, Timișoara, and will be the first store in the western part of the country, creating over 150 jobs.
The company plans to expand its portfolio through both greenfield projects and co-development opportunities.
This agreement was facilitated by the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
Increased and accelerated low and zero carbon projects: ~2.5 GW renewable power capacity (including partnerships) and over 5,000 EV charging points by 2030.
The new programme will promote women leaders in venture capital and private equity and is open for pan-EU participation.
Speedwell's developments pay particular attention to quality of life, both in terms of comfort and sustainable living.
OMV Petrom is building a facility for the production of sustainable aviation fuels (SAF) and renewable diesel (HVO[1]) and two facilities for the production of green hydrogen.
In 2023, eMAG Romania recorded a turnover of RON 5.979 billion, an increase of 11% compared to the previous year.
The project included the expansion of the departures terminal by approximately 7,200 square meters, the creation of flows for Schengen and Non-Schengen destinations.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
The value of the tender is RON 41.8 million, and the beneficiary of the work is the company Rețele Electrice Dobrogea.
This special equipment is designed and executed for operation at considerable temperatures and pressures, in an environment with the presence of hydrogen.
In the next five years, those who delay adopting AI solutions risk being overtaken by companies that embrace these technologies now.
The U.S. - Romania Economic Forum: Partnership for Growth will gather officials from both administrations and leaders of American companies in Romania.
The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest.
The planned €24.7 million investment will give the fund a majority stake in Sescom, once the current majority shareholders acting in concert have, i.a., completed a squeeze-out.
Tetra Pak and Mega Image, together with partners Maspex, Tomra and Brai Cata, have expanded Europe's first pilot project for collecting carton packaging for beverages and dairy products by installing 12 additional reverse vending machines (RVMs) in Bucharest and surrounding areas.
Romanian restaurant operator City Grill Group has announced a €7 million investment in a new production facility for its ready meals range in Buftea, Ilfov County.
Rețele Electrice Romania, part of the PPC group in Romania, has completed modernisation works for the Obor Station, one of the most complex electricity distribution stations in Bucharest.
AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.
Romania continues to record the highest rate of road traffic fatalities in the European Union, according to the latest figures released by Eurostat.