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Fortim Trusted Advisors: Romania Still on CEE Investors’ Radar, but Transactions Become Increasingly Selective
Romania continues to attract the interest of CEE real estate investors, but purchase decisions are increasingly more cautious amid economic uncertainty and high borrowing costs, reveals an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real E...
Govt Declares Liberty Galati, Damen Shipyards Mangalia And Romaero Companies Of Strategic Interest
During an extraordinary meeting on Tuesday evening, the Romanian government approved declaring Liberty Galati, Damen Shipyards Mangalia, and Romaero as companies of strategic interest, Econo...
Agricover Group On List Of Investors Looking At Buying Patria Bank
The Agricover Group, of Jabbar Kanani, is looking at Patria Bank, a lender put up for sale by its shareholder, EEAF Financial Services BV, banking sources said.
France’s Vinci Said To Be Interested In EnergoBit
France’s Vinci, a construction and infrastructure energy group, is said to be interested in buying EnergoBit, one of the most powerful entrepreneurial companies in the business of energy equ...
Finance Ministry Raises Interest On Tezaur T-Bills
The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday, January 13, with one-, three- and five-year maturities and annual interests of 7%, 7.5% and 7.8%.
OTP Officially Notifies Management OTP Bank Romania Is Up For Sale
OTP Bank has officially confirmed via an announcement by its management that OTP Bank Romania is up for sale, a process that may take a few months and if successful, the deal should be close...
Hungary’s OTP Starts Probing Market for Interest in OTP Bank Romania
Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sou...
Romgaz’s EUR325M Loan Came at Three-Month EURIBOR Plus 0.05% Interest Per Year
State-owned natural gas producer and supplier Romgaz (SNG.RO) borrowed EUR325 million from Raiffeisen Bank at an interest of three-month EURIBOR plus 0.05% per annum, ZF has found from the c...
Retail Parks Remain Developer’s Format of Choice in 2022
The retail market remained highly active in 2021, amid a return of consumer spending and developers delivered ten new retail projects by the end of the year, totaling an about 100,000 square...