Romania is increasingly attracting the interest of investors looking at CEE for industrial or office spaces, partially owing to government incentives that can cover as much as 70% of eligible costs, reads Colliers report “How Government Incentives Shape Industrial & Office Real Estate in CEE”.
Credit Europe Bank on Monday announced its change of identity to Nexent Bank. This is a strategic move to upgrade and improve the services of the bank, the lender said in a statement.
BT Pensii, part of the Banca Transilvania Group. on Monday announced it would be managing voluntary pension fund FPF BRD Medio from now on, renamed Pensia Mea Plus, after having received approval from the Financial Supervisory Authority (ASF) to take over management of the voluntary pension fund from BRD Pensii.
ING Bank and UniCredit Bank acted as joint coordinators and lead managers in the EUR200 million five-year funding granted to telecom operator Digi Communications to develop its optical fiber networks in Europe.
The Macroeconomic Confidence Index of CFA Romania Association in March rose by 7.3 points to 43.9 points, exclusively on the increase of the anticipations component of the index, while the current conditions component was relatively unchanged.
Early Game Ventures (EGV), one of the most dynamic venture capital funds focused on investments in CEE tech startups, plans to carry out between eight and ten investments of its EUR60 million second fund.