Category: Press-Releases

Garanti BBVA Leasing, part of the Garanti BBVA Group Romania, has secured a €10 million loan from the European Bank for Reconstruction and Development (EBRD) to bolster the growth of small and medium-sized enterprises (SMEs) in Romania. This financing will enable Garanti BBVA Leasing to offer SMEs and micro-enterprises access to favorable leasing products for […]

EIT InnoEnergy, a leading force in sustainable energy innovation, has successfully completed a €140 million private placement round, welcoming new investors OMV, OMV Petrom, and ACB Participaties B.V. These additions are set to bolster EIT InnoEnergy’s impact across Europe and the U.S. The private placement significantly expands EIT InnoEnergy’s capital base, enhancing its ability to […]

Danone România has announced a strategic organizational change with the appointment of Oana Bejan as the new Country Topline Unit Leader, effective from June. Bejan, who brings over 18 years of experience in the FMCG sector, will be responsible for overseeing the company’s commercial operations, leveraging her extensive background in both retail and production to […]

Apa Nova București (ANB), the water supply and sewage service provider for the Municipality of Bucharest, has announced a significant investment of €975,000 in the rehabilitation of the Surgery II Wing of the Floreasca Emergency Hospital. This initiative follows the company’s previous efforts, including a €500,000 project in 2022 to modernize a post-operative room. The […]

International logistics and transport company Gebrüder Weiss is celebrating 30 years of operations in Romania, marking a significant milestone since its establishment as a small freight forwarding agency in 1994. Over three decades, the company has grown to become a leading provider of comprehensive logistics services in the country, with investments totaling €90 million in […]

In the first quarter of 2024, global gold demand surged to 1,238 tons, marking a 3% year-on-year increase and recording the strongest first-quarter demand for the precious metal since 2016. According to the latest data from the World Gold Council, this growth was driven primarily by a 3% rise in investment gold purchases, including bars […]

Delgaz Grid, a member of the E.ON Group in Romania, announced significant investments in modernizing low voltage lines and transformer stations, amounting to over 375 million lei (€76 million). Out of this total, 286 million lei (€58 million) is sourced from the Modernization Fund. To date, Delgaz Grid has submitted 20 investment projects totaling 33 […]

Starting September 2024, José Alberto Chueca Val will take over as CEO of Lidl România, succeeding Marco Giudici, who will assume a strategic position in Lidl Group’s international procurement team. Giudici, who led Lidl România for three years, oversaw significant financial performance and growth, along with substantial investments in the Romanian market. During Giudici’s tenure, […]

OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner of the largest electric vehicle charging network in Romania. The network currently boasts over 400 charging points, with growth prospects reaching approximately 650 by 2026. The transaction has been approved by the Competition Council and […]

CTP, the largest developer, owner, and manager of industrial and logistics spaces listed in Europe, has expanded its presence in Romania by acquiring a significant portfolio from Globalworth, a leading office investor in Central and Eastern Europe (CEE). This acquisition includes 270,000 square meters of Gross Leasable Area (GLA) and 30 hectares of land spread […]