The panellists of Property Forums latest free virtual event discussed investment strategies for the second pandemic year.
Speakers:
Csanád Csűrös, CEO, Property Forum
Hedwig Höfler, Head of Investment Management, CA Immo
Paul Hallam, Managing Partner, GalCap Europe
Hadley Dean, Founder, MDC
Adrian Karczewicz, Head of Divestments CEE, Skanska Commercial Development Europe
Mihai Patrulescu, Head of Investment Properties, CBRE Romania
Victor Constantinescu, Partner and Head of SEE Real Estate, Kinstellar
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
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.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.