(IN BRIEF) Salt Bank, launched as Romania’s first digital bank in April 2024, has quickly captured the market, reaching 500,000 customers in just one year. Developed in only 12 months by teams from Salt, Engine by Starling, and GFT, the … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Romania, Technology, United Kingdom
Tagged 000 customers, 24/7 customer support, 500, AutoSaver, banking innovation, break-even target, card controls, Chris Ortiz, cloud-native, digital bank, digital-first banking, Engine by Starling, financial management, Gabriela Nistor, GFT, Group Chief Executive, industry awards, mobile banking, partnership, PayBill, rapid growth, Romania, Salt Bank, Sam Everington, Saving Spaces, spending insights, Subscription Manager, technological partnership, Top 10 banks
(IN BRIEF) The EBRD has provided a regional loan of up to €120 million to AFI Europe to fund its expansion in Serbia, Poland, Romania, and Czechia. The financing will support the development of AFI’s modern portfolio in central and … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, Real Estate, Romania, Serbia, United Kingdom
Tagged AFI Europe, AFI Properties Ltd, Anat Dafna, CEE, commercial properties, Corporate Climate Governance, Czechia, EBRD, EU Corporate Sustainability Reporting Directive, Green Economy Transition, green transition, housing challenges, partnership, Poland, private rented sector, real estate expansion, regional loan, residential, Romania, SERBIA, sustainability, sustainability certifications, Vlaho Kojakovic, €120 million
(IN BRIEF) SYNLAB has sold its operations in Eastern Europe—specifically in Croatia, Cyprus, North Macedonia, Romania, Slovenia, and Turkey—to Medicover Group, a major European healthcare provider. This move, representing about 1.5% of SYNLAB’s 2024 revenue, is part of the company’s … Read the full press release
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged capital deployment, CROATIA, Cyprus, diagnostic services, divestiture, Eastern Europe, Mathieu Floreani, Medicover Group, network densification, NORTH MACEDONIA, partnership, portfolio management, revenue 2024, Romania, Slovenia, specialty testing, strategic growth, Synlab, Turkey
(IN BRIEF) Erste Private Banking has been honored with six best-in-class awards by Euromoney, highlighting its exceptional performance across multiple regions. In Austria, the bank was recognized as the “Best Private Bank,” “Best for High-Net-Worth” clients, and “Best for Discretionary … Read the full press release
Posted in Awards, Banks, Business, Croatia, Economy, Financial, Industrial, Investment, Management, News, Romania
Tagged Ana Maria Beznoska, asset management, Austria, Awards, Banca Comerciala Romana, Best Private Bank, CROATIA, digital innovation, Discretionary Portfolio Management, Erste Bank Oesterreich, Erste Private Banking, Euromoney Awards, Heinz Bednar, High Net Worth, Investment Solutions, Kristina Buconjic, leadership, private banking, Rainer Hauser, Roland Jacubetz, Romania
(IN BRIEF) ELKO Group has become the exclusive distributor for Narwal in Romania, bringing the renowned robotic vacuum brand to the local market with two flagship models—Narwal Freo Z Ultra and Narwal Freo X Ultra—and plans to launch a total … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Management, News, Romania, Technology
Tagged adaptive mopping, AI-guided navigation, Baiba Indane, Business Development Director, CES 2025, ELKO Group, European market, flagship models, hands-free cleaning, home robotics, Narwal, Narwal Freo X Ultra, Narwal Freo Z Ultra, obstacle avoidance, partnership, patented technologies, robotic vacuum, Romania, smart mapping
(IN BRIEF) Romanian and Dutch authorities have formed a joint investigation team (JIT) to investigate the theft of four valuable Romanian historical artifacts from the Drents Museum in the Netherlands. The stolen items, including the golden crown of Coţofeneşti and … Read the full press release
Posted in Art & Culture, Business, Financial, Government, Industrial, Investment, Law, Management, Netherlands, News, Romania, Security & Safety
Tagged ancient golden bracelets, Assen, coordination meeting, criminal case, cultural theft, Drents Museum, Eurojust, golden crown of Coţofeneşti, historical artifacts, investigation, JIT, joint investigation team, Judicial cooperation, Netherlands, operational assistance, partnership, Romania, Romanian National Museum of History, suspects arrested, theft
(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Small Business, Technology
Tagged 1500 employees, acquisition, aluminium pipes, automotive applications, automotive customers, automotive industry, Backnang, CHINA, climate control, cooling media, customer base, EUR 160 million, fluid transfer systems, fluid transfer systems market, Germany, lightweight fluid products, Mutares SE & Co. KGaA, partnership, product offering, Romania, S.M.A. Metalltechnik GmbH & Co. KG, sealing solutions, SFC Group, South Africa, strategic expansion, sustainability, Thermal Management
(IN BRIEF) Wienerberger has extended its partnership with Habitat for Humanity International for another three years, continuing their efforts to build affordable housing for those in need. Since 2012, the collaboration has provided homes for over 6,300 people, constructing more … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Technology
Tagged affordable housing, blocks, Bricks, CEO, construction, eco-friendly, employee involvement, ESG Strategy, Europe, Habitat for Humanity International, Heimo Scheuch, Hungary, North America, partnership, paving solutions, Poland, Romania, roof tiles, Slovakia, sustainable building solutions, United Kingdom, United States, Vulnerable Communities, water management technologies, Wienerberger
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental firm. This marks a continuation of Autonom’s sustainability efforts, following its … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, United Kingdom
Tagged Autonom, Car Leasing Firm, Dan Ștefan, EBRD, investment, partnership, Romania, sustainability, Victoria Zinchuk
(IN BRIEF) Mercedes-Benz Vans Central and Eastern Europe (CEE) has partnered with E.ON to launch a comprehensive B2B Charging Infrastructure initiative across Romania, Czech Republic, Slovakia, and Hungary. The collaboration aims to support businesses transitioning to electric mobility by providing … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Slovakia, Technology, Transportation & Logistics
Tagged Alexandru Rugina, Andrea Kramer, Central and Eastern Europe (CEE), Czech Republic, Davide Villa, E.ON, EV charging infrastructure, Hungary, Mercedes-Benz Vans, partnership, Romania, Slovakia, Stephan Kunze, sustainability
(IN BRIEF) The European Investment Bank (EIB) is lending €200 million to Romanian energy distributor Delgaz Grid to modernize the electricity network in Moldova’s northeastern region. This funding, part of a €630 million investment program, will enhance energy efficiency, support … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Romania, Technology
Tagged Delgaz Grid, EIB, Electricity Network Upgrades, Ioannis Tsakiris, partnership, Romania, sustainability, Volker Raffel
(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release
Posted in Austria, Awards, Banks, Business, Croatia, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, Slovakia, Technology
Tagged Austria, Awards, CROATIA, Czechia, Erste Group, leadership, Maximilian Clary und Aldringen, partnership, Private Bank, Romania, Slovakia
(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release
Posted in Albania, Business, Financial, Government, Industrial, Investment, Italy, Law, Management, Netherlands, News, Security & Safety
Tagged Albania, Cocaine Trafficking Ring, Eurojust, Europe, EUROPOL, France, International Operation, Italy, partnership, Romania, Spain
(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release
Posted in Austria, Business, Croatia, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, Montenegro, News, Poland, Romania, Slovakia, Technology, Telecom
Tagged Austria, Christmas campaign, Connection, CROATIA, Deutsche Telekom, Europe, Germany, holidays, Hungary, Montenegro, NORTH MACEDONIA, Poland, Romania, Slovakia, The Czech Republic, Ulrich Klenke, Unity
(IN BRIEF) CRH has launched a new wind farm in Romania to power its Medgidia Cement Plant, the first of its kind dedicated exclusively to a cement facility in the country. This renewable energy initiative will meet a significant portion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Romania, Technology
Tagged CRH, energy transition, Eunice Heath, Medgidia Cement Plant, partnership, Romania, sustainability, wind farm
(IN BRIEF) Eviden, part of the Atos Group, is leading the CYDERCO project, a three-year European initiative co-funded by the European Commission to enhance the capabilities of Security Operations Centers (SOCs) across the EU. The project, coordinated by Eviden in … Read the full press release
Posted in Artificial Intelligence (AI), Business, European Union, Financial, France, Government, Industrial, Internet & Online, Investment, Management, News, Portugal, Romania, Security & Safety, Spain, Technology
Tagged Alex Rusandu, Cybersecurity, CYDERCO (CYber DEtection Response and Collaboration) project, Dan Cîmpean, EU, Eviden, Isabel Praça, partnership, PORTUGAL, Rodrigo Diaz Rodriguez, Romania, Spain
(IN BRIEF) The European Investment Fund (EIF) has finalized agreements with seven Romanian banks, unlocking an additional €500 million in financing for small and medium-sized enterprises (SMEs) in Romania. The agreements will allow banks to offer SMEs better loan terms, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business, Technology
Tagged Alpha Bank, BRD Groupe Société Générale, competitive, EIF, financing, Garanti BBVA, Intesa Sanpaolo Bank, Libra Internet Bank, Marjut Falkstedt, niCredit Bank, partnership, Patria Bank, Romania, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Romania, United Kingdom
Tagged CEECAT Capital, EBRD, expansion, investment, Iulian Nica, La Cocos, Morphosis Capital, partnership, retail, Romania, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release
Posted in Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Romania, United Kingdom
Tagged carbon dioxide emissions reduction, climate finance, EBRD, energy security, EU commitments, Favi Stelian, Fit for 55, Ghimpati, green transition, Grzegorz Zielinski, Iepuresti, InvestEU guarantee, Nofar Energy, OY Nofar Energy, Raiffeisen Bank International, renewable energy, REPowerEU, Romania, RTG Solar Energy, solar plants, Solis Imperium, Tel Aviv stock exchange
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Eiffel Investment Group are jointly providing €24.4 million for the construction of two solar power plants in Romania’s Dolj County. Each organization is contributing €12.2 million to the … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, United Kingdom
Tagged EBRD, Eiffel Investment Group, Grzegorz Zieliński, investment, partnership, renewable energy, Romania, solar power, sustainability
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