Investimental reaches client base of 1,000 retail investors
Mihaela Biciu, CEO of Investimental Investimental, the newest broker on the Romanian capital market, reaches 1,000 retail clients locally. “Reaching 1,000 clients in under seven months, ahead of our initial timeline, is a testament to the demand for our unique blend of education-focused and long-term investment strategies. The past year’s market positivity, including Hidroelectrica’s historic […]
Lion’s Head to attract €150 million investment from the International Finance Corporation (World Bank Group)
Oregon Park International Finance Corporation (IFC) has provided a €150m investment with sustainability-linked features consisting of a syndicated loan facility and a convertible instrument to Lion’s Head Investments (LHI), a commercial property platform in Bulgaria and Romania – JV between Old Mutual Property and AG Capital. Lion’s Head currently owns and operates five office buildings […]
One United Properties posts a consolidated turnover of 306.6 million euros and a gross profit of 105.9 million euros in 2023
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, posts a preliminary consolidated turnover of 306.6 million euros for 2023, a 30% increase compared to 2022. The gross profit reached 105.9 million euros, a 9% increase excluding the one-off gain from Bucur Obor’s bargain purchase of […]
Raiffeisen Bank International will be TeraPlast’s second issuer market maker
Alexandru Stânean, CEO of TeraPlast TeraPlast SA (TRP symbol) announced on Monday the signing of an issuer market making agreement with Raiffeisen Bank International AG (RBI). The services will be active starting 1st of March, 2024, with the main objective of increasing the liquidity of TRP securities, which will also attract enhanced visibility of the […]
AROBS acquires Infobest and consolidates its presence in Romania and Germany
Voicu Oprean, founder and CEO of AROBS AROBS Transilvania Software, the largest technology company listed on the Bucharest Stock Exchange, announces the complete acquisition of Infobest group, specialized in the development of customized software solutions, with offices in Timisoara and Leverkusen, Germany. “We are glad to announce our 10th M&A transaction after the listing of […]
Packeta Romania: Cross-border delivery volume doubled last year
Packeta Romania, a global digital platform for online commerce and a member of the Packeta Group, recorded a doubling in the volume of parcels processed from the cross-border segment last year, compared to the previous year, amid a significant increase in demand for international deliveries. The increase in demand occurred in the context of continuous […]
CIS Gaz opens a branch in Egypt and delivers the first equipment manufactured in Romania
Sebastian Calugar, CIS Group CEO CIS Gaz, a Romanian company with over 30 years of activity in the construction and installation of natural gas transport and distribution pipes, as well as surface technological installations, continues to expand and consolidate its presence in Egypt by opening a branch in Cairo and delivers the first equipment manufactured […]
Clifford Chance Badea advised the arrangers in the first issue of green bonds launched by Romania on foreign markets, worth EUR 2 billion
Cosmin Anghel, Mădălina Rachieru-Postolache A multi-jurisdictional Clifford Chance team coordinated by the Bucharest office advised the arranging banks Citi, Erste, HSBC, JP Morgan and Société Générale in relation to Romania’s two most recent bond issues on foreign markets, totaling EUR 4 billion. In addition to the conventional bond tranche worth EUR 2 billion, due in […]
Colliers: 2023 was one of the most dynamic years of the last decade in terms of retail project deliveries. 2024 signals increased interest in large mixed-use developments
Liana Dumitru, Director Retail Agency at Colliers 2023 ended with one of the best results since 2011 in terms of deliveries of new modern retail projects, adding around 220,000 square meters to the total retail surface, more than double compared to the past couple of years, according to the annual report published by Colliers. For […]
SII Romania expands with its second regional office, in Timișoara
SII Romania, a multinational company specialized in IT services and solutions, announces the opening of its second regional office in Timișoara, following the success achieved with the opening of the first office in Iași. The office is located in the central area, in close proximity to Iulius Mall, and provides SII Romania teams with all […]