Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
The agreement signed with the European Investment Bank is supported by the Ministry of Investments and European Projects, through the State aid and de minimis Scheme.
The project is located in Buzau County, Romania and in its 1st phase, 30 Vestas wind turbines will be installed until 2025.
Inflation is expected to miss the target in 2024-2025, with the NBR cutting rates to 6% in 2024 and 4.5% in 2025.
UniCredit is making its sailing debut with its support for the third edition of the Youth America's Cup and the naming partner announcement of the UniCredit Youth America's Cup Regatta.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.