Economics
August 20, 2018 16:37
Globalworth, the most important investor in Central and Eastern Europe, has received a 46 million euro loan from the Romanian Commercial Bank (BCR), which will be invested in developing the Renault Bucharest Connected office project....more »
August 20, 2018 14:15
The law firm Popovici, Niţu, Stoica & Asociaţii assisted the buyer, namely Dedeman in taking over The Bridge project for an estimated transaction value of 200 million euros. The team of lawyers was led by Valentin Creata and Ioana Sampek, bot...more »
July 05, 2018 12:48
Gregory's, the largest network of coffee & Greek delis from Greece, announces its entry into the Romanian market with the opening of a unit in the northern area of Bucharest. The unit, operational from the beginning of July, offers its customers a wide variety οf coffee and food selections.
...more »
July 05, 2018 12:37
Medicover, one of the leading providers of private medical and diagnostic services in Romania, has completed the acquisition of the Academica Medical Center. The transaction strengthens the presence of Medicover in Bucharest, where the company alre...more »
July 02, 2018 16:15
The Supervisory Board of IMMOFINANZ AG today approved the package sale of the approximately 26% investment in CA Immobilien Anlagen AG (CA Immo). The 25,690,163 bearer shares and four registered shares in CA Immo will be purchased by SOF-11 Starlight 10 EUR S.à r.l., a member company of the Starwood Capital Group (Starwood). ...more »
June 21, 2018 10:56
TransferGo, the international fast online transfer company, has attracted a round of investment of EUR 8.6 million, which is the biggest amount received in a single financing round by the company.
The total capital attracted by TransferGo thus raised to EUR 17.8 million, the investment contributions coming from a range of sources including the United States, Vostok Emerging Finance, Practica Capital, and new investors from Turkey, Revo Capital....more »
June 13, 2018 15:57
According to DPD Romania, one of the most important players on the local parcel and express delivery market, the average value of the parcel paid by the card at delivery through the mPOS service is 348.64 RON. The top cities where the card is most ...more »
May 23, 2018 12:09
Ford has announced that it will produce a second model in the Craiova auto plant, which means new investments of 200 million Euros, as well as the creation of 1,500 new jobs. The new model will be added to the production of the current generation of the Ford EcoSport small-class SUV.
...more »
May 18, 2018 14:36
Globalworth Real Estate Investment Limited, one of the leading real estate investment companies in Central and Eastern Europe, in partnership with BT Capital Partners, the financial group of Banca Transilvania, announces the second admission to tradi...more »
May 15, 2018 12:48
Romanian firm Rottco Consult, one of the top 10 players in the Romanian fuel distribution market, has initiated the procedures for starting insolvency proceedings. The measure was taken as a result of a complex market situation with a significant negative impact on ensuring the flow of working capital, such as: non-payment and / or delays in payment of debts from debtors plus debtors who entered the procedure insolvency / bankruptcy; delays in prolonging committed credit lines; early repayment of loans, as requested by bank creditors; unilaterally reducing payment times from some suppliers; suspension after the submission of the bidding offer of the acquisition of the majority stake of the company by an investor....more »
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