Finance | 20 February, 2025 at 11:32 AM
Eastern European startups draw nearly €4 billion in Venture Capital
Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.
Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55.
With an estimated value of $375 million in 2024, the local BPO market is poised to grow by more than 30% over the next five years.
The World Bank's Board of Executive Directors has approved a €544 million Development Policy Loan to support Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation.
Romania's Ministry of Investments and European Projects (MIPE) and the Investment and Development Bank (BID) signed a financing agreement on 30 March 2026 for the Just Transition Participation Fund (FPTJ).
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.
JTI announced a €300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County.