Economics
Hybrid and electric vehicles are preferred by almost half of the Romanian consumers
May 23, 2022 12:04
Hybrid and electric vehicles are preferred by almost half of the Romanian consumers (46%), who say they would choose such a type of engine for their next vehicle, according to Deloitte 2022 Global Automotive Consumer Study, conducted in 25 cou...more »
FAN Courier inaugurated the HUB in Cluj-Napoca following an investment of 14.5 million euros
May 13, 2022 09:44
FAN Courier, inaugurated the most recent investment in recent years, the Cluj-Napoca regional HUB. For the construction of the HUB in Cluj-Napoca, FAN Courier has invested 14.5 million euros, this being the first project in Romania provided with a ...more »
Dentons advises the brokerage consortium in a bond issuance by the Bucharest City Hall and listing on the Bucharest Stock Exchange
May 09, 2022 21:20
Dentons assisted BRD – Groupe Société Générale and Raiffeisen Bank Romania acting as underwriters in the private placement of the municipal bond issue with a total nominal value of RON 555 million (approximately EUR 110 million) meant to refi...more »
Irish fashion retailer Primark opens store in AFI Cotroceni
May 02, 2022 12:40
Romanian shopping mall AFI Cotroceni announces the opening of a new store by Irish fashion retailer Primark. AFI Cotroceni will perform upgrades and relocations to accommodate Primark's special requirements for large spaces and suitable facili...more »
Resource Partners exits World Class Romania
April 26, 2022 13:26
On April 15th 2022, Vectr Fitness (part of African Industries Group, a group of privately held companies), and Resource Partners, the majority shareholder of World Class Romania, announced the execution of a transaction incorporating the company un...more »
Entrepreneurs fear the danger of an inflationary spiral
April 13, 2022 15:56
The National Confederation for Women Entrepreneurship - CONAF points out that the intensity of inflation will affect especially small and medium-sized companies, both in terms of increasing production costs and increasing the cost of credit. In add...more »
FAN Delivery, the online personal shopping platform launched by FAN Courier, expands in Timisoara
April 08, 2022 09:10
FAN Delivery, the fast delivery online personal shopping platform, launched last year by FAN Courier, is accelerating its national expansion and is operational, starting this month in Timișoara, the third largest city, after Bucharest and Cluj-Nap...more »
Dentons advises lenders on EUR 125 million green financing of Prime Kapital’s six commercial real estate assets
April 04, 2022 16:25
Dentons assisted a consortium of four domestic and international banks —Raiffeisen Bank S.A., Alpha Bank Romania S.A., Raiffeisen Bank International AG and Alpha Bank A.E. — on EUR 125 million green loan facility for six commercial real estate ...more »
Dentons advises Romgaz on €325 million financing for the acquisition of EMEPRL
April 04, 2022 16:24
Dentons, the world’s largest law firm, assisted Romgaz in contracting a €325 million loan facility to partially finance its acquisition of shares in ExxonMobil Exploration and Production Romania Limited (EMEPRL). Raiffeisen Bank grant...more »
Wolf Theiss advises Raiffeisen Bank Romania on granting a 325 million euro credit facility to Romgaz
April 04, 2022 16:23
Wolf Theiss acted as legal advisor to Raiffeisen Bank in relation to a EUR 325 million credit facility granted to S.N.G.N. Romgaz S.A., the largest gas producer in Romania. With this credit facility, Raiffeisen Bank Romania provides Romgaz&nbs...more »
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