Finance | 4 April, 2025 at 7:07 PM
Agricover Credit secures $42 million funding from the IFC
The IFC, part of the World Bank, is facilitating a financing package worth the equivalent of $42 million for Agricover Credit IFN.
The IFC, part of the World Bank, is facilitating a financing package worth the equivalent of $42 million for Agricover Credit IFN.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Romanian developer Hexagon has secured a financing of over €18 million from Libra Internet Bank, for the development of a residential complex in Cluj.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.
Romanian private healthcare group MedLife has announced an increase in its syndicated credit facility by €50 million, bringing the total to €330 million.
The European Commission (EC) has determined that Romania's €200 million (RON 1 billion) recapitalisation of CEC Bank.
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.
Romanian chemical producer Chimcomplex will propose to its shareholders to approve the contracting of new loans with a combined value up to €60 million
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Private sector transactions included a €40 million risk-sharing agreement with Banca Transilvania for Omnia Europe SA.
For households, green loans amounted to around RON 10 billion in September 2024, +50% compared to September 2023, and accounted for 5.7% of the bank loan portfolio to this segment.
The team of lawyers has advised throughout the entire process, including on aspects regarding financial structuring, regulatory and due diligence.
he financing includes a loan to be used for the construction of the development in the amount of €28.5 million.
Investors are still on hold today. As Property Forum's recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see' stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.
Property Forum is excited to announce the results of its second annual investment market sentiment survey focusing on the Romanian market which was conducted ahead of SEE Property Forum 2024. The results, providing an overview of market expectations across sectors, are now available online.
Raise Hub empowers European startup founders to manage their fundraising, making access to capital more flexible and accessible by leveraging SeedBlink's digital infrastructure.
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Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
State-owned gas producer Romgaz has appointed Dumitru Chisăliță as the new Chairman of the Board of Directors.
Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.
Romcim, a CRH company, has further solidified its position in the Romanian construction industry by acquiring two concrete production facilities from BCC Agregate Betoane.