The European Fund for Southeast Europe (EFSE) has granted a EUR8 million Basel III-compliant Tier 2 Capital subordinated loan to Patria Bank (stock symbol: PBK) to strengthen its capitalization and increase its lending capacity to Micro, Small, and Medium-sized Enterprises (MSMEs) across Romania.
State-owned pharmaceutical producer Antibiotice Iasi (ATB.RO) has announced in a stock market report on June 5 that it recently won the 5th tender organized by the National Health Service (NHS), the UK healthcare system.
Romania's Finance Ministry raised RON595 million from banks on Thursday (June 5), selling benchmark bonds, at an annual average yield of 7.54%.
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 equipment and services in Romania.
PwC Romania is expanding its team of Partners by promoting Adina Vizoli and Silvian Milea within the Tax and Legal Consulting Department.
Swiss-held VAT Group, a leader in the development and production of vacuum valves, has inaugurated its new plant in VGP Park Arad, which is now its third major operational hub worldwide, along with its HQ in Switzerland and the facility in Malaysia.