Economics
EBRD co-finances construction of ETI’s confectionery factory in Craiova
November 27, 2014 16:33
The European Bank for Reconstruction and Development is releasing a 23 million euro loan for the confectionery factory Turkey’s ETI will establish in Craiova, Romania, announces a press release. The total cost of the investment, a greenfield one, will be 40 million euro, the candy manufacturer having also been granted a 6 million euro aid by the Romanian State....more »
Globalworth announces acquisition of Skanska’s Green Court
November 27, 2014 14:28
The investment fund established and controlled by Greek businessman Ioannis Papelkas has announced the acquisition of the first office building in the Green Court office park, project developed by Skanska Romania, the transaction being valued at 44 million euro. Closing of the acquisition is scheduled for the second quarter of 2015, states a Globalworth release....more »
Gartner desginates Schneider as leader for Data Center Infrastructure Management
November 27, 2014 13:27
Schneider Electric  has been recognized by the US information technology research and advisory company Gartner as a leader in the Magic Quadrant for Data Center Infrastructure Management (DCIM), thanks to StruxureWare for Data Centers software suite....more »
Banca Transilvana confirms negotiations for acquiring Volksbank Romania
November 26, 2014 17:40
Banca Transilvania has announced that it is negotiating on potential acquisition of Volksbank Romania, confirming information published in the media about talks between the two banks....more »
EU Commission launches infringement against Romania for not complying with EU rules on security of gas
November 26, 2014 15:55
The European Commission has initiated an infringement procedure against Romania for failing to comply with the EU rules on security of gas supply. Up to now, Romania has not implemented a preventive action plan and an emergency plan as the existing rules require, nor has it informed the Commission on the decisions concerning bi-directional gas flows, states a press release....more »
Regina Maria’s Baneasa Hospital, the first medical institution in Romania accredited by JCI
November 26, 2014 12:40
Baneasa Hospital, part of Regina Maria private health care network, has achieved Joint Commission International accreditation, recognizing its practices in quality and patient safety, being the first Romanian medical institution certified by the global leader in international health care accreditation....more »
Selection of investors for Tarnita project: pre-qualification period, extended until 2015, due to increasing interest
November 26, 2014 11:28
Hidro Tarnita, the company which oversees the hidropower energy project, has announced that the deadline for submitting pre-qualification documents required at this stage of the investors selection procedure has been extended again, until next year, due to increasing interest shown by potential investors. ...more »
NEPI raises 150 mln euro through a book build, 50 percent more than projected
November 25, 2014 14:50
The South African investment fund, NEPI, has closed the accelerated book build launched on November 24, the amount to be raised totaling approximately 150 million euro, funds which will be used to finance the acquisition of Promenada Mall in Bucharest....more »
NEPI announces new equity raising to fund acquisition of Promenada
November 24, 2014 14:46
New Europe Property Investment (NEPI) is running a new equity raising of about 100 million euro through an accelerated bookbuild conducted on the Johannesburg Stock Exchange and the London Stock Exchange, after last month the South African inve...more »
Romanian Infrastructure: key figures
November 24, 2014 12:20
BusinessMark announces the organization of “Infrastructure Forum”, an event that will take place on the 25th of November, in Bucharest, at Howard Johnson Grand Plaza. ...more »
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