The multifunctional clinic Dr. Calistrat Grozovici in Bucharest will be the first public private partnership the Romanian government will initiate in the healthcare sector....

Romanian Banca Transilvania group ups net profit by 50% amid Bancpost integration

Banca Transilvania, the biggest financial group in Romania, recorded a net profit of RON 1.24 billion (EUR 267 million), up by 50% compared to...

Vodafone Romania ups service revenues by 4.8% in Q3

Vodafone Romania, the second-biggest mobile carrier on the local market, recorded service revenues of EUR 183.6 million in the third quarter of this year,...

Two developers negotiate for 11-hectare plot near Bucharest’s train station

Griro, a producer of equipment for the oil and petrochemical industry, will relocate its production units and sell an 11-hectare land plot near Bucharest’s...

Investment fund Revetas buys Landmark office project in Bucharest

Revetas Capital, a real estate investment advisor focused on the CEE market, has bought the Landmark office project in Bucharest from Greek group Piraeus. The...

Romanian GDPR startup gets EUR 300,000 financing from local fund

Sypher, a Romanian company that has developed a GDPR conformity platform, managed to raise a EUR 300,000 financing less than a year since its...
airport

EC will finance only half of Bucharest’s subway line to the airport

The European Commission (EC) has decided to finance only half of the M6 subway line which should connect Bucharest’s main train station to the...
energy

Romanian energy project contractor gets EUR 32 mln financing from Eximbank

Romelectro, one of the biggest general contractors for energy projects in Romania, contracted a RON 150 million (EUR 32 million) financing facility from state-owned...

Motor racing track opens in central Romania

The Mureș County Council opened this past weekend the Transilvania Motor Ring, a motor ring race track located between Cerghizel and Cerghid, close to...

Western Romania city buys four public toilets of almost EUR 50,000 each

The City Hall of Cluj-Napoca, a city in western Romania, has purchased four public toilets with EUR 191.498. The toilets were purchased through a public...
bonds

Romanian Govt. grants EUR 105 mln state aid to nine local companies

Romania’s government signed on Monday, November 12, the financing agreements for granting RON 491 million (EUR 105 million) worth of state aid to nine...

From Our Partners

(P) When is a school much more than just a school?

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The answer is when it is a ‘Community’, and there is no better example of this than the International British School of Bucharest. The school’s...

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