Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
The plans include an issuance in Bulgaria in Q1 2025, ranging between 10-20 million euro, followed by a possible pilot issue in the Romanian or Greek market by mid-summer.
Gifts are chosen based on the specific preferences of the recipients, say nearly 9 in 10 respondents, while the rest opt for universal gifts that would suit anyone.
Customers can now choose the Buy Now, Pay Later (BNPL) solution for purchasing vacations, benefiting from either 4 interest-free installments or from 6 to 60 installments with interest.
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
Customers can now buy an extremely wide range of smart devices through the Buy Now, Pay Later solution in 4 installments without interest or in 6-60 installments with interest.
he annual interest rate of the bonds is 9% (paid quarterly) with maturity at the end of 2026. However, the bank has the right to redeem the bonds one year earlier.
tbi bank's consolidated unaudited financial results for the first quarter of 2024 show net profit of €11.3 million – almost 40% higher than the profit in Q1 2023.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.