Tag: Ioannis Tsakiris (8 articles)

Agriculture   |   15 December, 2025 at 5:29 PM

EIB backs Romanian farmers with €25 million loan

Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.

Energy   |   13 March, 2025 at 3:00 PM

EIB backs 400MW wind farm in Romania

The European Investment Bank (EIB) is committing up to €30 million to co-finance a major onshore wind farm project in the eastern part of the country, near the Black Sea coast.

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Vista Bank debuts on BVB with €17 million bond issue
Finance

Vista Bank debuts on BVB with €17 million bond issue

Vista Bank marked its debut as a bond issuer on the Bucharest Stock Exchange (BVB). The bank listed its €17 million bond issue on the Regulated Market, consolidating its strategy to diversify funding sources through the capital market.

Energy

OMV Petrom starts development of three wind projects in Romania

Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.

Finance

Romania achieves largest EU fiscal correction in 2025

Romania's budget deficit calculated according to the European ESA methodology has dropped from 9.3% of GDP in 2024 to 7.9% of GDP in 2025, representing a correction of 1.4 percentage points of GDP.