(IN BRIEF) Salt Bank, Romania’s newest digital banking entrant, has swiftly launched less than a year since its inception, marking a significant milestone in the country’s financial landscape. Leveraging Engine by Starling’s core banking system, Salt Bank becomes the first … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Carlton Hopper, Engine by Starling, Gabriela Nistor, GFT, Neobank, partnership, Romania, Salt Bank, Sam Everington, sustainability
(IN BRIEF) Eviden, a business division of Atos Group specializing in digital, cloud, big data, and security, announced the opening of its new CloudSecOps Center in Timisoara, Romania. This center is part of Eviden’s expansive global network, which includes four … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Security & Safety, Technology
Tagged Chris Moret, Cloud and Security Services, CloudSecOps Center, Dominic Fritz, Eviden, partnership, Romania, Steve Midgley, sustainability
(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged agriculture, Bulgaria, CROATIA, EIF, Europe, Greece, Hungary, INOKS Capital, Italy, Latvia, Lithuania, Marjut Falkstedt, Nabil Marc Abdul-Massih, Paolo Gentiloni, partnership, Poland, Romania, Slovakia, Slovenia, SMEs, Spain, sustainability, Switzerland, The Czech Republic
(IN BRIEF) The European Investment Bank (EIB) has signed a €42 million agreement with Maspex Group, a major food and beverage producer in central and southeastern Europe, to enhance energy efficiency and sustainability across their production plants in Poland and … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland, Romania, Technology
Tagged EIB, Maspex Group, partnership, Poland, Production Upgrades, Rafał Gruszeczka, Romania, sustainability, Teresa Czerwinska
(IN BRIEF) Vodafone Intelligent Solutions (VOIS) is making significant strides in its Corporate Social Responsibility (CSR) initiatives, particularly through its Brighter Futures program. Since 2018, VOIS has impacted over 375,000 individuals, focusing on community engagement, education, and digital skills development. … Read the full press release
(IN BRIEF) CTP, Europe’s largest industrial and logistics properties developer, has secured a five-year lease agreement with Yusen Logistics, a global logistics provider, for 19,000 sqm of warehouse space at CTPark Bucharest in Romania. The strategic location of CTPark Bucharest, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has revealed the shortlist for the prestigious EBRD Literature Prize, showcasing a diverse array of compelling works from writers across several countries and regions of the Bank’s operation. Selected by … Read the full press release
Posted in Awards, Banks, Business, Financial, Government, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Awards, CROATIA, EBRD, EBRD Literature Prize, Edward Bannerman, Greece, Hungary, Lebanon, Maureen Freely, Maya Jaggi, MOROCCO, Philippe Sands, Romania, The Czech Republic, Türkiye, UKRAINE
(IN BRIEF) President Nadia Calviño of the European Investment Bank (EIB) engages with Romanian President Klaus Iohannis, Prime Minister Ion-Marcel Ciolacu, and Minister of Finance Marcel-Ioan Boloş to explore strategic investment opportunities. The discussions, following a record year of EIB … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Romania
Tagged EIB, Future Investment Priorities, Ion-Marcel Ciolacu, Klaus Iohannis, leadership, Marcel-Ioan Boloş, Nadia Calviño, partnership, Romania, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has allocated €10 million to GapMinder Fund II, managed by Romanian venture capital firm GapMinder, to support early-stage technology-driven companies primarily in Romania and other EBRD regions. This investment aims … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Anne Fossemalle, Dan Mihaescu, EBRD, GapMinder, GapMinder Fund II, partnership, Romania, sustainability, Tech Innovation
(IN BRIEF) Vodafone is deploying Open Radio Access Network (RAN) sites across 20 cities in Romania, building on successful trials in Europe and commercial deployment in the UK. Open RAN offers a more flexible and innovative approach to mobile networking, … Read the full press release
Posted in Electronics & Machinery, Industrial, Infrastructure & Utilities, Romania, Technology, Telecom, United Kingdom
Tagged 2G, 4G, 5G, 5G Massive MIMO radios, 5G standalone, 5GSA, Alberto Ripepi, Cloud, Dell PowerEdge, Dell Technologies, Open Radio Access Network, Open RAN, RAN, Romania, Samsung, vodafone, Wind River
(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged BT Microfinantare IFN, Cristina Sindile, EIF, entrepreneurs, InvestEU, Marjut Falkstedt, microfinance, partnership, Romania, SMEs, sustainability
(IN BRIEF) Vodafone Romania has selected Ericsson as a key partner for upgrading its current infrastructure and deploying 5G networks, aiming to bring enhanced connectivity speeds, low latency, and reliable performance to consumers and enterprises. Under the six-year agreement, Ericsson … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Sweden, Technology, Telecom
Tagged 5G Deployment, Ericsson, network upgrade, partnership, Romania, vodafone
(IN BRIEF) The European Investment Bank Group (EIB Group) collaborates with Deutsche Leasing Romania IFN SA (DLRO) to finalize a synthetic securitization transaction worth €335 million, aimed at mitigating credit risk and enhancing lending capacity for DLRO, which in turn … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged Climate Action, Deutsche Leasing Romania, EIB Group, EIF, Kyriacos Kakouris, Laurentiu Zaharia, Marjut Falkstedt, partnership, Romania, Small Business Financing, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) ContiTech, a sector of Continental, is making significant strides toward sustainability by installing a photovoltaic (PV) system at its Timișoara facility in Romania. Seven more locations are set to follow suit in 2024, supporting the company’s goal of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Romania
Tagged carbon-neutrality, Claus-Peter Spille, Continental, ContiTech, Dr. Ariane Reinhart, Ernesto Flores, Nicolai Setzer, Philip Nelles, Photovoltaic, PV installation, PV system, Romania, Timișoara
(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged acquisition, Aurel Arion, Christina Verchere, Electrocentrale Borzesti, OMV Petrom, partnership, Renovatio, Romania, sustainability
(IN BRIEF) Rheinmetall, a technology enterprise, has secured a significant contract worth approximately €328 million from the Romanian Ministry of Defence. This contract involves the comprehensive modernization of Romania’s Oerlikon GDF 103 air defence artillery systems, marking Rheinmetall’s first major … Read the full press release
Posted in Defence, Germany, Government, Industrial, Romania, Transportation & Logistics
Tagged 35mm GDF009 TREO Oerlikon Twin Guns, 35mm Gepard antiaircraft tank, air defence artillery systems, air defence system, Armin Papperger, EU Member, NATO, Oerlikon GDF 103, Oerlikon Skymaster TLCN fire control system, Rheinmetall, Romania, Romanian air defence systems, Romanian ministry of defence, Skynex, tracking radar, X-Band Tactical Acquisition Radar 3D, X-TAR3D
(IN BRIEF) The power sector is undergoing a vital transformation to meet climate goals by shifting towards carbon-free electricity production. The European Bank for Reconstruction and Development (EBRD) is actively contributing to this transition through its Renewable Energy Programme, particularly … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Azerbaijan, Bulgaria, clean power, EBRD, fossil fuels, Fuels Transition, MOLDOVA, Montenegro, partnership, renewable energy, Romania, sustainability
(IN BRIEF) Vodafone Romania has introduced a new type of concept store called EasyTech, designed to enhance the customer experience and offer a wide range of technology products. The first EasyTech store opened in Bucharest, featuring product displays, sales offices, … Read the full press release
Posted in Business, Electronics & Machinery, Marketing, Retail, Romania, Technology, Telecom, United Kingdom
Tagged Bucharest, concept stores, EasyTech, Gheorghe Magheru Boulevard, Magheru One building, retail, Romania, technology, vodafone
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
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