07.27.2023

The group of companies formed by OMV Petrom Marketing (OPM), OMV Hungária Ásványolj Kft/ OMV Hungária Kft. (OMV HU) and OMV Slovensko s.r.o (OMV SK) have received approval for a European funding more

07.04.2023

A group of Polish entrepreneurs and investors, who had previously run Valuetech Seed, one of the top performing Polish venture capital funds for emerging technologies, have raised a EUR25 million more

06.06.2023

Two contracts have been signed for the modernization of electricity distribution networks and the beneficiary is Distributie Energie Electrica Romania, according to Energy Minister Virgil Popescu. more

05.09.2023

Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to fund at more

04.28.2023

Metropolitan Life Pensii Private, the manager of the third largest Pillar II pension fund in Romania after NN Pensii and AZT Viitorul Tau, went shopping in March 2023 and increased its stakes in more

04.04.2023

Sixty-two percent of MedLife (M.RO) shares traded on the Bucharest Stock Exchange in January 2023, went to a single buyer, Pillar II pension fund Metropolitan Life Pensii Private, ZF as calculated more

03.13.2023

Through the seven Pillar II mandatory private pension funds, to which they contribute 3.75% of their gross monthly income, several million Romanian employees have come to own 20% in Transgaz (TGN.RO), more

01.31.2023

The Sovereign Wealth Fund of Norway owned stake in eight companies listed on the Bucharest Stock Exchange as of December 31, 2022, as well as in the real estate developer Globalworth, which has a more

01.25.2023

Private equity fund Innova Capital, one of the most dynamic financial investors in CEE, including Romania, is raising its seventh fund and wants to collect EUR350 million overall. At least 15-20% of more

01.23.2023

Romania's private pension system, consisting of Pillar II - mandatory private funds to which several million Romanian employees contribute a portion of their gross monthly income, and Pillar III - more

10.10.2022

The INVL Renewable Energy Fund I managed by INVL Asset Management has concluded an agreement on the acquisition of a solar photovoltaic (PV) park project in Romania with a capacity of 174 megawatts more

09.27.2022

The European Investment Fund (EIF) will provide EUR8.4 million (RON42 million) in guarantees for microfinancing operations worth RON500 million (EUR100 million) carried out by BT Mic, the more

09.19.2022

The team behind private equity fund Morphosis Capital is readying to launch the second fund under this name, toward the end of 2023, and its size is likely to top the EUR50 million of the first fund, more

09.15.2022

Investment fund The European Fund for Southeast Europe (EFSE) has extended a EUR8 million credit line granted to Libra Internet Bank. more

07.25.2022

Austrians are ever more dynamic on Romania’s investment market and after UNIQA Real Estate GmbH that bought The Light One building from Ion Radulea in April 2021, in 2022 an investment fund of Erste more

06.30.2022

Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the initial more

06.22.2022

Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON34.5 million in the first quarter of 2022, up 7% on the year and 36% more

06.10.2022

The European Investment Bank (EIB) transferred almost EUR1.4 billion to Romania under the Modernization Fund scheme to finance strategic projects in the country’s energy sector, according to more

06.06.2022

The INVL Renewable Energy Fund I managed by INVL Asset Management, the leading asset management company in Lithuania, on Monday said it would set off activities in Romania as it plans to invest almost more

05.27.2022

The Kazakh-Romanian Energy Investment Fund (FIEKR), held by KMG International and the Romanian State, has contracted a syndicated loan of EUR83 million that will be used to fund the construction of a more

05.27.2022

The Modernization Fund is a program of the European Union (EU) aimed at supporting ten Member States to meet 2030 energy targets by helping to modernize energy systems and improve energy efficiency. more

05.24.2022

Romania’s natural gas transmission company Transgaz (TGN.RO) on Tuesday said it concluded a roadmap agreement with The Three Seas Initiative Investment Fund S.A. SICAV-RAIF (3SIIF), a dedicated more

05.11.2022

Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON102.65 million in 2021, nearly 23% above the targeted level after more

05.11.2022

Learning platform Adservio, developed by entrepreneur Alexandru Holicov from Iasi, has raised an investment of EUR2 million from Catalyst Romania Fund II, one of the leading venture capital funds in more

04.12.2022

OTP Asset Management Romania has launched OTP Innovation Fund, the first fund in Romania that offers the possibility to invest, internationally, in companies that allocate a significant share of their more