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CEC Bank completed the takeover of the majority stake in the Rural Credit Guarantee Fund Bucharest, 27.07.2023

admin Posted On July 27, 2023

CEC Bank completed the takeover of 99.993% of the share capital of the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banca Comercială Română and Raiffeisen Bank. “In implementing the mandate given by the Minister of Finance, CEC […]

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CBRE Study: Industrial & Logistics spaces, crucial in solar energy production, as rooftop PV will generate more than half of it by 2030

admin Posted On July 27, 2023

Industrial & logistics spaces will play a crucial role in solar energy, as more than half of it will be provided by rooftop solar PV by 2030, according to a study from CBRE, the global leader in commercial real estate […]

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Orange Romania announces the financial results for the second quarter of 2023

admin Posted On July 26, 2023

The Orange Group today announces its financial results for the second quarter of 2023, available on June 30. Between April and June, the Orange Romania Group achieved a consolidated turnover amounting to 377 million euros[i], down 1.2% compared to Q2 […]

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Apemin Tușnad estimates business of over 85.7 million RON in 2023, a 7% increase compared to the previous year, and plans investments of over 46 million RON over the next three years

admin Posted On July 26, 2023

Apemin Tușnad, one of the most important companies in the natural mineral water category, bottling the brands Tușnad, Artesia, and Izvorul Ascuns, estimates that its turnover will exceed 85.7 million RON in 2023, 7% higher than the value recorded in […]

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BCR and Erste Group arrange 100 mn Eur0 club loan financing for Cerealcom Group

admin Posted On July 26, 2023

Cerealcom Group, one of the most successful Romanian agribusinesses and the country’s largest producer and exporter of cereals, has signed its first club loan financing. The 100 million euros revolving loan will be used for financing and supporting the operation […]

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RWEA Summer School kicks off its second edition (P)

admin Posted On July 25, 2023

The second edition of the RWEA Summer School is about to start – an educational information project of the Romanian Wind Energy Association, in collaboration with RenewAcad, which consists of organizing courses on renewable energy in Romania, in a European […]

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Pehart Group brands enter new European markets. Pufina gains popularity beyond borders

admin Posted On July 25, 2023

The company intends to enter the markets in Hungary, Croatia, Macedonia, and Montenegro this year. Pehart Group, one of the largest tissue paper manufacturing companies in Southeast Europe and a leader in producing and processing household paper products in Romania […]

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REI Analysis: More than 6.5 billion Euro in non-reimbursable funds in the second half of this year

admin Posted On July 25, 2023

No less than 1.7 bn. available to farmers in the coming period; The “Fair Transition” Operational Programme provides companies with more than EUR 2.2 bln. Construct Plus este schema dedicată exclusiv investițiilor în producția de materiale de construcții; Entrepreneurs and […]

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TeraPlast’s activity picks up in the second quarter

admin Posted On July 25, 2023

The negative bottom line from first quarter reduces to less than RON 1 million as a result of the doubling of profits from Installations and Recycling division. EBITDA rises by 58% in the second quarter compared to the previous quarter, […]

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Eurowind Energy starts construction of Pecineaga 48 MW wind farm

admin Posted On July 24, 2023

The wind farm will generate approximately 176,000 MWh annually, with the capacity to supply electricity to 48,000 households each year. The construction of the wind farm involves an investment of 79 million euros. Construction begins in July 2023, with the […]

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CEC Bank completed the takeover of the majority stake in the Rural Credit Guarantee Fund Bucharest, 27.07.2023

CBRE Study: Industrial & Logistics spaces, crucial in solar energy production, as rooftop PV will generate more than half of it by 2030

Orange Romania announces the financial results for the second quarter of 2023

Apemin Tușnad estimates business of over 85.7 million RON in 2023, a 7% increase compared to the previous year, and plans investments of over 46 million RON over the next three years

BCR and Erste Group arrange 100 mn Eur0 club loan financing for Cerealcom Group

RWEA Summer School kicks off its second edition (P)

Pehart Group brands enter new European markets. Pufina gains popularity beyond borders

REI Analysis: More than 6.5 billion Euro in non-reimbursable funds in the second half of this year

TeraPlast’s activity picks up in the second quarter

Eurowind Energy starts construction of Pecineaga 48 MW wind farm

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