Economics

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

Sema Parc resumes Sema New Project, an integrated urban development project in Bucharest, whose first phase was completed in 2009 when Office 1 building was delivered....more »

Power Clouds, a developer of renewable energy projects, seems to be an exception if considered the two solar parks commissioned this year and that are part of a large scale project through which the company aims to create a global network of PV parks...more »
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