Finance
Romania secures €16.68 billion EU defence funding deal
The European Commission (EC) has finalised the signing of the SAFE loan agreement with Romania.
The panellists of Property Forums latest free virtual event discussed workplace strategies for the second pandemic year.
Speakers:
Gavin Bonner, Vice President, Genesis Property (up, left)
John J Fekete MRICS, Executive Director - Saudi Arabia, Head of Consulting Services MENA, JLL (up, middle)
Paul Deverell, Business Director, Future2 (up, right)
Csanád Csűrös, CEO, Property Forum (down, left)
Hubert Abt, CEO, New Work & workcloud24 (down, middle)
MORE INFO, OTHER EVENTS:
https://www.property-forum.eu/forums
https://www.linkedin.com/company/property.forum.events.and.news
The European Commission (EC) has finalised the signing of the SAFE loan agreement with Romania.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica signed a €188.5 million contract for the refurbishment of Râul Mare Retezat Hydropower Plant. The project aims to modernize and improve the efficiency of the company's generation capacities.
Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.
Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.