investment

EGV has announced its investment in the real estate platform Milluu, an application that digitizes the entire process of renting apartments. RocaX participated in the round, and the DLA Piper team assisted the transaction. Milluu is set…

CVI private debt investor continues its investment activity in Romania, with a number of new projects in the pipeline and an appetite for providing further financing to local SMEs in 2020 and beyond. With the beginning of the new year,…

IFC, a member of the World Bank Group, is providing a financing package of RON 720 million (USD $168 million equivalent) to Raiffeisen Bank Romania to boost financing for small and medium enterprises (SMEs), climate, and housing—three…

This year has fared quite good in as far as the Romanian real estate market is concerned. The latest and last report of the year from the real estate consultancy company Colliers International shows that the market has evolved better than…

For the first three quarters of 2019, the CEE region has recorded an investment volume of ca. €9 billion. Offices dominate the deal flows with a 58% share, followed by a much slower retail sector with 18%, Industrial & Logistics (9%)…

TC Capital, a local property investment and development company led by Ali Çapa, launches a new investment type for the Bucharest office market. Thus, Hyperion Towers, situated in a strategic position on Pipera Boulevard, becomes the first…

After the strong expansion in recent years, growth is projected to slow to 3.2% in 2020 and then increase to 3.7% in 2021, says the latest OECD economic outlook on Romania. While wages will return to single-digit growth, private consumption…

Fitch Ratings has affirmed Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook. "Romania's investment-grade ratings are supported by moderate levels of government debt, and GDP per capita and…

Sameday, a local courier company, will inaugurate a new logistics centre, on the Bucharest's ring road, near Chitila, following a total investment mounting to EUR 20 million. The new logistics unit is stretching on a 22,000-sqm area and…

German-based group Bosch has apparently given up plans to build a washing machine plant in Simeria, Hunedoara county, Transylvania, central Romania. The investment in Simeria should have mounted to EUR 110 million. Irenne Wagner, head of…