Sala Polivalenta in Cluj-Napoca, the largest multipurpose hall in Romania, changed its name into BTarena following a partnership between local lender Banca Transilvania and...

EUR 1.5 mln chairlift in eastern Romania, unused since 2016

A chairlift opened in 2013 in the Ciric area of the eastern Romania city of Iasi has not been in use for the past...

Romanian lender signs EUR 60 mln financing agreement with EIF

Romanian lender ProCredit Bank and has signed a financing agreement worth EUR 60 million with the European Investment Fund (EIF). The lender will use...

Canadian fund sells 4.2% stake in Romanian medical group

Canadian investment capital Fiera Capital, previously known as Charlemagne Capital, sold last week a 4.25% stake in local medical operator MedLife. The fund thus lowered...

Enel could open over 700 charging stations for electric vehicles in Romania

Italian energy group Enel could invest some EUR 15 million in the next 3-4 years in a network of charging stations for electric cars...

ING Bank Romania switches to a self-service business model in all branches

ING Bank Romania will close all the physical cash desks by October 29, as it plans to turn its local branches into self-service units,...

British alternative fund manager becomes Fondul Proprietatea’s biggest shareholder

Sanne Group, a British alternative asset manager that manages assets worth some GBP 200 billion (EUR 223 bln), has become the biggest shareholder of...

Which were the best-selling car brands in Romania in the first eight months?

Over 119,000 new vehicles were sold in Romania in the first eight months of 2018, up by 22% compared to the same period of...

(P) “You can save up to 60% when buying software”, says the CEO of...

Software Deals is a company that sells both new and secondary software and has been on the market for 10 years now. It operates...

Demand for state aid, double compared to available funds for this year in Romania

Romanian and foreign companies have submitted 32 requests for state aid within the Government’s scheme to support investments with high impact in the economy,...

Romanian bank wants to raise EUR 21.5 mln through capital increase

Romanian lender Patria Bank will carry out a capital increase between September 21 and October 22 aiming to raise RON 100 million (EUR 21.5...

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