Economics
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 »
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 »
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 »
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 »
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 »
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 »
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 »
November 24, 2014 11:27
Announced in July, 2014, the sale of Austria’s bauMax domestic chain to Adeo Group has been carried out on November 18. Hence, the French group which operates on the Romanian market the Leroy Merlin Do-It-Yourself brand has taken over the 15 bauMax units subject of this transaction, located in Bucharest (2), Bacau, Brasov, Constanta, Craiova, Cluj Napoca (2), Iasi, Pitesti, Ploiesti, Sibiu, Suceava, Targu-Mures and Timisoara....more »
November 21, 2014 15:22
Globalworth, the real estate investment fund controlled by Ioannis Papalekas, has signed a 10-year lease agreement with Telekom Romania Telecommunications (former Romtelecom) for a gross leasable area of about 25,000 sqm....more »
November 21, 2014 11:41
The European Commission approved the release of additional 262 million euro from the Cohesion Fund to cover the costs incurred by Romania with the construction of two sections of motorway, reads a press release. ...more »
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