INVESTMENTS

Sergiu Manea, CEO of Banca Comerciala Romana (BCR), has said on Friday that the bank is considering the postponement of investment plans as a result of the introduction of the new tax for banks. “All the investment plans we have ...

Romanian minister for Business Environment, Commerce and Entrepreneurship, Ştefan-Radu Oprea, has stated that among the reasons Nestle has announced it will shut down the factory in Romania are the dramatic fall of the sales and of the market share, as ...

Element Industrial logistics&industrial real estate developer has announced it has received the building permit for ELI PARK 1 and has started the construction works. “Sagex Construct has won the general contractor tender and is building the first phase of the ...

2018 ended with a significant premiere on the local real estate market: Romanian investors ranked second in the generated volumes top, by nationality. Almost EUR 200 million were paid to buy commercial properties (about a quarter of the total volume), ...

Molex Electronic Technologies, LLC, a leading global manufacturer of electronic solutions, acquired in a multi-jurisdictional transaction the Connected Vehicle Solutions (CVS) Division of Laird Limited, with offices in Bucharest. bpv Grigorescu Ștefănică business law firm acted as local counsel for Molex ...

The European Investment Bank (EIB) is lending EUR 22.3m to Garanti Bank Romania to support businesses in Romania. EUR 5m of the loan amount is devoted to female entrepreneurs, matched by another EUR 5m from Garanti Bank.  This transaction is ...

Three new malls will open this year in Romania, in Sibiu, Targu Mures and Balotesti. The three new shopping centres will be built from the scratch and will cover 250,000 square metres. The new malls are scheduled to be concluded ...

Morphosis Capital, a newly established private equity firm focused on growth capital investments in Romanian Small and Medium Enterprises (SMEs), has announced the successful first closing of Morphosis Capital Fund I at EUR45 million. The Fund’s main investor is the ...

Carrefour has once again opted for WDP as its real estate partner for two new WDP sites in Romania (namely in Deva and in Brazi), totalling a surface of around 80,000 sqm. Both development projects represent an investment volume of ...

IMMOFINANZ has sold a large area of land in Bucharest, the real estate investor has just announced. More precisely, it sold the former Ventilatorul industrial platform, stretching on an area of 53,000sqm to One United Properties. „We are focused on ...