FUNDING
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Law Firm NNDKP Assisted BCR-Led Bank Syndicate in $260M Funding Contracted by ALRO
Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) legally assisted a six-bank syndicate, coordinated by Banca Comerciala Romana (BCR), with a $260 million funding contracted by ALRO, one of Europe’s largest vertically integrated aluminum producers.
Fintech NAGA Led by Romanian Entrepreneur Ovidiu Patrascu Raises $8M Funding via Convertible Bonds
Fintech NAGA run by Romanian entrepreneur Ovidiu Patrascu has raised a $8 million funding via an issue of convertible bonds, set to be subscribed by institutional investors Presto and MDream...
CEC Bank Co-Finances Construction of EUR45M Vegetable Oil Plant in Mihai Viteazu, Cluj County
CEC Bank is co-funding the construction of a EUR45 million vegetable oil plant in Mihai Viteazu, Cluj county, a project carried out by Cooperativa Agricola Podisul Transilvaniei, made up of...
Romanian Startup Kyndred Raises First Funding, of EUR500,000, from Early Game Ventures
Kyndred, the Romanian startup that develops AI generated characters, sold on subscription, has raised EUR500,000 from venture capital fund Early Game Ventures, several months since its comme...
Romanian Startup Veridion Raises $20M In Hoxton Ventures-Led Funding Round
Veridion, a Romanian startup formerly known as Soleadify, which uses artificial intelligence to build and update databases on companies throughout the world, has raised $20 million in a Seri...
Agroserv Mariuta Gets EUR1.8M Non-Repayable Funding For 3.3 MW PV Projects Approved
Agroserv Mariuta (MILK.RO), the maker of the Laptaria cu Caimac dairy products, on Wednesday evening announced that two photovoltaic projects had been deemed eligible for EUR1.8 million non-...
tbi bank Lifts Funding Granted to Local Developer Hexagon for Cluj Housing Project to EUR15M
tbi bank has granted an additional EUR5 million funding to real estate developer Hexagon for the completion of Cluj-Napoca housing project Somesului 15, besides the EUR10 million released in...
BCR And Erste Group Provided EUR132M Funding For Scatec’s 77 MW Urleasca Wind Farm
BCR and Erste Group are providing EUR132 million in financing for the construction of the 77-MW Urleasca wind farm, developed by Norway’s Scatec Group in Braila County, with BCR’s contributi...
British Investor Ghai Sant Ram Gets EUR36M Funding to Accelerate HORIZON CITY Residential Project
HORIZON CITY, the residential project developed by British investor Ghai Sant Ram in northern Bucharest, has secured €36.5 million in financing from Libra Internet Bank. The funds will be us...