investment

Instant Space has announced the closing of an investment round led by Early Game Ventures in which Sparking Capital and a business angel participated. The legal assistance of the transaction was provided by the law firm DLA Piper.…

The European Commission has approved an investment of EUR 47 million from the European Regional Development Fund to build and equip an emergency hospital in Cluj-Napoca, Romania, to serve the citizens in the North-West region of the…

Each quarter, Euler Hermes assesses the evolution of country risk. In order to have a more precise and complete vision, the world leader in credit insurance has this year added environmental, societal and governance (ESG) risks to its…

Holde Agri Invest SA, a Romanian agricultural company operating farmland, will launch in June 2020 a new private placement for its shares. It will be the second capital markets operation for Holde, which in December 2019 sold approximately…

Two Romanian marketers who worked in the tourism sector, Elvis Floroiu and Dan Dumitru are among the entrepreneurs who opened a new business during the pandemic: they have set up an online DYI business, dego.ro, based in imports and sales…

Consolidated sales in Romania amount up to over 2 billion lei (436 million euros) in 2019 Total net sales grew by 18 percent in 2019 to 6.7 billion lei (1.4 billion euro) Investment of more than 360 million lei (over 76 million…

Romanian start-up Telios that provides telemedicine services has announced it had lured a EUR 200,000 investment. The investment round was syndicated by Transilvania Angels Network from Cluj-Napoca, with other two angel investors…

Holde Agri Invest SA, a Romanian farmland operator announces it has signed an agreement for the acquisition of Agromixt Buciumeni, a Romanian company established in 1991 that operates farmland in the Calarasi county. The transaction will…

IMMOFINANZ properties in Romania account for EUR 677.3 million, representing 14.3% of the total portfolio of the company. According to the global financial results for last year, IMMOFINANZ increased its net profit by roughly 62% to EUR…

The Romanian proptech startup Bright Spaces, which develops the complete digital platform for showcasing and offering for office buildings and spaces, has been selected in the proptech (property technology) accelerator Pi Labs in the United…