Real estate developer Forty Management will open its first hotel under the Swissôtel brand in Hungary in partnership with France’s Accor Group in the Lagoon City complex in Budapest in 2028.
Garanti BBVA Romania has obtained a EUR10 million subordinated loan from The Black Sea Trade and Development Bank (BSTDB), with the funds set to be used inclusively to expand its local loan portfolio.
Deloitte Romania has assisted investment fund Accession Capital Partners (ACP) Credit, part of ACP Group, in granting EUR10 million funding to Mogo Romania, a company specializing in financing used vehicles and part of Latvian fintech Eleving Group.