million euros

On Saturday, thousands of music fans across Europe gathered for big fundraising concerts, WE ARE A and ASOT1000's #danceforukraine, respectively in Romania and Poland. Residents of Bucharest and Krakow have come together for one purpose,…

Gas station in Lefkas. Gas prices skyrocketed after the war in Ukraine. Credit: Alf Van Beem/Wikimedia Commons CC0 The impact of the war in Ukraine on the Greek economy, particularly on energy, tourism and raw materials has alarmed…

BUCHAREST (Romania), February 27 (SeeNews) - Romania will initiate procedures to withdraw from the International Investment Bank (IIB), a multilateral institution in which Russia is a shareholder, following the military…

PRAGUE, Feb 25 (Reuters) - The Czech Republic is calling on EU member states of the International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC) to leave Soviet-era institutions that count Russia as their…

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV's media network. You can subscribe to the newsletter here. Before you start reading today's edition of Capitals,…

Sanjeev Gupta has turned to a shadowy bank he owns in Romania to handle the deals, as criminal probes investigate his struggling metals empire following the collapse of its main lender Greensill Capital.Gupta, which British retail…

RTL Group has agreed to sell 100% of its Croatian activities to PPF Group's subsidiary, CME, for 50 million euros. As part of the transaction, which is subject to regulatory approvals from the Croatian Competition Authority and the Croatian…

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV's media network. You can subscribe to the newsletter here. Today's edition is powered by International Politics…

In an article published last year on savings in Romania during the pandemic, we pointed out that despite all…

Provident Financial Romania, part of the International Personal Finance (IPF) group, the largest mortgage lending company in Europe, has chosen DRUID technology to enable instant access to business and HR data with the aim of facilitating…

The European Investment Bank (EIB) has confirmed the disbursement of 90 million euros to the electricity distribution company listed on BVB Electrica, the second tranche of the financing of 210 billion euros over 15 years extended to…

Romania-based international service provider Digi has finalized the sale of its Hungarian subsidiary to the local group of information technology and service providers 4iG. Serghei Bulgac The deal, which saw 4iG acquire Digi Hungary for…

Aeon announces CFC powered by Ocado Group in Hachioji, JapanJapanese retailer Aeon has taken a new step in its partnership with the Ocado group with the deployment of a Customer Processing Center (CFC) in Hachioji. This will…

Faced with the uncertain environment promised in 2021, the global IPO market had an exceptional year, breaking records in IPO volume and growing steadily in the fourth quarter. In the last…

CHISINAU (Moldova), December 22 (SeeNews) - The Black Sea Trade and Development Bank (BSTDB) on Wednesday announced that it had granted a loan of 3 million dollars (2.65 million euros) to the Moldovan company Express…

EQS-News: EVN AG / Keyword (s): Annual results16.12.2021 / 07:30 The issuer is solely responsible for the content of this advertisement.Strong pointsKey resultsEnergy sector environmentFiscal year 2020/21 was impacted by a significant…

BRD Société Générale Group started 2021 with “optimistic expectations” and managed to achieve its “best 9M ever…

Filip & Company Law Firm assisted DIGI in the sale of DIGI Távközlési Szolgáltató Ltd. and its subsidiaries Invitel, I TV and DIGI Infrastructure to 4iG, active in the IT and…

ING Bank Romania achieved a net profit of RON 630 million (€ 126 million) in the third quarter of this year, up 42% from the same period in 2020, according to a bank statement. Revenue grew only 9% year-on-year to RON 1.7…

First half profit before tax more than tripled to £ 6.67millionA new fund created, Fprop Fulcrum PropertyBritish pension property portfolio extended until 2027In talks to acquire an additional 32% stake in…

Teilor, a Romanian jewelry chain operating in the Central and Eastern European region, announced that it had secured a line of credit and an investment loan totaling 8.47 million euros from the bank. public EximBank. The group which…

Real estate developer Hagag Development Europe consolidates its local portfolio and announces the acquisition of Susai Hotel, a property located in Predeal, the most important mountain resort…

Photon Energy Group Reports Strong Third Quarter 2021 with Increased Revenue and EBITDA - Unaudited consolidated revenue of € 10.200 million for the third quarter of 2021 (up 13.8% year-on-year) leading to a solid EBITDA…

TAMPA BAY, Florida, November 8, 2021 / PRNewswire / - Erste Bank Oesterreich has introduced a new state-of-the-art remote consulting service based on TeamViewer Engage, a secure and privacy-compliant solution for online customer…

At the end of last month, Amazon Prime debuted in Central and Eastern Europe. As a result, Poland is now one of the 22 countries in the world where Prime subscriptions are available.Although Amazon has been present in Poland since 2014 and…

BUCHAREST (Romania), Nov. 4 (SeeNews) - Romanian holding company Teilor announced on Thursday its intention to carry out a private placement of corporate bonds valued at 45 million lei ($ 10.5 million / 9.09 million euros)…

STAMFORD, Connecticut, October 27, 2021 (GLOBE NEWSWIRE) - Finacity Corporation, a White Oak Company, (“Finacity”) and Bayerische Landesbank (“BayernLB”) announce they…

BUCHAREST, Romania, Oct.21 (SeeNews) - Romanian state-owned company EximBank announced on Thursday that it is loaning 20 million lei ($ 4.7 million / € 4 million) to PET preform producer Pet Star…

The European Commission has approved an Italian program of 31.9 billion euros to support companies affected by the coronavirus epidemic. The scheme was approved under the temporary state aid framework. Competition Policy Executive Vice…

The latest ABSL study, carried out in collaboration with PwC, presents the business services industry at a macroeconomic level, as well as in a European context. In 2020, the business…

DGAP-News: GRENKE AG / Keyword (s): Evolution of forecasts / Miscellaneous04.10.2021 / 20:31 The issuer is solely responsible for the content of this advertisement.GRENKE AG: New leasing business in the third quarter affected by supply…

The files would also establish a link between the Czech Prime Minister Andrej Babis in a murky € 15million offshore deal to fund the purchase of a mansion in southern France - unfortunate timing, given this week's…

BUCHAREST, Romania, Oct. 1 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) on Friday announced it had approved a long-term loan of 5 million euros ($ 5.8 million) to the company Romanian retailer of…

23h | Nathalie Bannerman Orange Romania has finalized the acquisition of 54% of the capital of the fixed operator Telekom Romania Communications (TKR). Orange…

Foreign direct investors in Romania made 9 billion euros in net profits and 2.74 billion euros in losses, a combined…

This successful transaction now heralds the acceleration of Orange's strategy to be the preferred convergent service provider in Romania, with a firm commitment from Orange to continue investing in the Romanian telecommunications sector.…

BUCHAREST (Romania), September 30 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) has announced the signing of a senior unsecured loan of 10 million euros ($ 11.6 million) to Garanti Leasing Romania…

Visual Fan (ALW), the Romanian company listed on the Bucharest Stock Exchange (BVB) that developed the Allview brand, has announced that it is in the process of acquiring "a significant stake" in a regional distributor of the "Japanese…

BUCHAREST (Romania), September 24 (SeeNews) - Romanian real estate developer One United Properties has signed an agreement to buy a listed building in Bucharest for 4.9 million euros ($ 5.74 million), the company said on…

Most agree that urgent action must be taken to address the growing crisis caused by climate change. That's why leaders from 196 countries are meeting in Glasgow in November for a major climate conference, called COP26. But adaptation to…

BUCHAREST (Romania), September 20 (SeeNews) - The Romanian Ministry of Finance on Monday sold 706 million lei ($ 167 million / 143 million euros) at auction of Treasury bonds maturing on January 26, 2028, in below the…

DGAP-News: Vita 34 AG / Keyword (s): Miscellaneous 20.09.2021 / 08:00 The issuer is solely responsible for the content of this advertisement.NOT FOR DISTRIBUTION, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES,…

HARVIA PLC EXCHANGE ON SEPTEMBER 15, 2021 AT 3:30 PM EETHarvia Oyj - Directors' Transactions______________________________________________Person subject to the notification obligationName: Pelkonen, AnssiPosition: other senior…

Black Sea Fund I, an investment fund dedicated to the acceleration of small and medium-sized enterprises in Romania with a capital of over 43 million euros, announces the acquisition of a 70%…

BUCHAREST (Romania), September 1 (SeeNews) - Foreign exchange reserves held by Romania's central bank, excluding gold, stood at 41.616 billion euros ($ 49.7 billion) at the end of August, compared to 39 billion euros a…

Garanti BBVA Leasing, part of the Garanti BBVA Romania group, has signed a loan agreement of 10 million euros with the International Finance Corporation (IFC), a member of the World Bank Group, aimed at supporting SMEs affected…

Croatia is now near the end of the game for its entry into the euro zone. Last month, the European Central Bank (ECB) make a list of five Bulgarian banks and eight Croatian banks that it would supervise directly from 1 Octoberst,…

The European Investment Bank (EIB) signed a loan of 120 million euros with the electricity distribution subsidiary of the Romanian electricity supplier Electrica Group to finance the modernization of the network,…

The European Investment Bank (EIB) signed a loan of 120 million euros with the electricity distribution subsidiary of the Romanian electricity supplier Electrica Group to finance the modernization of the network,…

"Greek Renaissance at Last" proclaimed a Bank of America banking and economics research note in July. It's the kind of gushing missive, supplemented with allusions to modern…

Published on: 07/19/2021 - 13:32Amended: 07/19/2021 - 13:30 Benghazi (Libya) (AFP) Muslims in war-torn Libya celebrate Eid al-Adha…

Written by BT / MTI Due to its economic achievements over the past ten years, Hungary has sufficient resources to support families, religious life and economic!-->…

EIB's first EUR 120m long-term loan on EUR 210m facility signed during high-level visitNew financing to connect more than 180,000 customers, increase network capacity and improve the reliability and quality of electricity…

MILA 23, Romania: Mila 23 - a fishing hamlet of around 450 inhabitants in the heart of the Danube Delta - produced a flood of world and Olympic canoe medals for Romania. But he is running out of steam, raising concerns for the…

France's leading professional organization in the financial sector has found itself at the center of a feud between activist short seller Muddy Waters and the sub-contractor under the fire Solutions 30, according to…

Serbian police announced on Sunday that they had discovered an "illegal migrant camp" on the border with Hungary and Romania. Police said they detained "suspected smugglers" in the camp. Serbian…

DGAP-News: GRENKE AG / Keyword (s): Miscellaneous02.07.2021 / 07:01 The issuer is solely responsible for the content of this advertisement.GRENKE New Business Q2 2021: Return to the conclusion of more contracts - First indications of…

With early sales data and consumer surveys suggesting that the global digital food ordering market will continue to grow, even as consumers around the world begin to return to their public lives, investors are interested in this. booming…

The shutdown of production caused by the coronavirus pandemic last spring would have been reason enough to sound the alarm in Romania. But bigger problems loom over the country's repayment program, which has been jeopardized by a…

DGAP-Ad-hoc: 4finance SA / Keyword (s): Obligation4finance launches bond refinancing in EUR 21-Jun-2021 / 16:31 CET / CESTDisclosure of inside information acc. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP - a…

Jaguar Land Rover is working on a hydrogen fuel cell vehicle based on the Defender Hitachi Europe, a wholly-owned…

Deutsche Bank will hire more than 3,000 technicians this year to strengthen its technology centers in India, Russia, Romania and the United States.The bank reportedly employs over 1,000 people in India, including 300 engineering…

Florin Cîțu: I would like to thank you for the invitation! I'm glad you started with the EU funds, and after discussing the PNRR, we come back to…

Greek banks, once at the epicenter of Europe's financial turmoil, have been a hot bet for investors anticipating a strong economic rebound from the Covid-19 pandemic.But a surprise billion-dollar stock sale to fuel growth for one of the…

BUCHAREST (Romania), June 3 (SeeNews) - Romania on Thursday sold 571.8 million lei ($ 142 million / 116 million euros) of Treasury bonds due November 25, 2024, below l 'initial goal, according to central bank data. The…

Romania's coal and power group CE Oltenia, which is seeking European Commission approval for a state-backed € 3.5 billion green resource conversion program, reported another loss from 939 million RON (over 180 million…

Around 3,500 companies that are part of the “green list” for non-reimbursable financing, out of a total of 27,000, which have requested financial support…

BUCHAREST (Romania), May 28 (SeeNews) - The Romanian Finance Ministry announced on Friday that it had received government approval to sign two loan agreements totaling 480 million euros ($ 585 million) with the European…

Raiffeisen Bank Green Bonds, a first for the Romanian banking sector, began trading on May 27 on the Bucharest Stock Exchange (BVB). Raiffeisen Bank attracted in April 2021, at the time of the bond issue, more than 400 million RON (80…

The Romanian banking system boasted of 1.9 billion RON (383 million euros) in the first quarter of the year, 17.3% (+ 15% in euros) more compared to the same period of 2020, according to calculations based on data published by the…

Peer-to-peer loan market Mintos revealed to have succeeded in reaching a new milestone with 400,000 users registered on the platform during this quarter. For companies around the world, the past year has brought "three new time frames…

Mintos has reached another milestone with 400,000 registered customers, as it heralds the deployment of the vaccine and signs of an economic recovery. Despite the Covid-19 crisis, 100,000 new users signed up on!-->!-->…

China's economic influence in Central and Eastern Europe is often presented as a threat to the region's independence and security. But how big is this influence? A new study suggests it has been massively overestimated.…

The Bucharest Stock Exchange (BVB) has set record after record in recent months. Not only did its main index, BET,…

BUCHAREST, Romania, May 20 (SeeNews) - The Romanian Finance Ministry on Thursday rejected all bids for an auction of 600 million lei ($ 148 million / 122 million euros) of Treasury bonds coming due June 24, 2026,…

BUCHAREST (Romania), May 19 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) has announced that it has approved a loan of 77.5 million lei ($ 19.2 million / 15.7 million euros) for the Romanian…

2020 has proven that probably the most important virtue for any organization is its ability to adapt. During this rather unusual year TBI Bank has put employee safety and the financial…

The Black Sea Trade and Development Bank (BSTDB) has granted a loan of 15 million euros to the three companies that are developing the most advanced of several offshore natural gas projects in the Black Sea in Romania: Black Sea Oil…

# COVID19 # Clinical trial #Treatment #Polyclonal antibioticsThe biotechnology company XENOTHERA has started the European clinical trial of its anti-COVID treatment, XAV-19. The Nantes laboratory is the sponsor of the trial, called…

Here are some remarkable clean tech announcements of the day:The global energy player ENGIE develop a renewable energy portfolio of 2 GW in Chile. It includes an additional 1 GW of capacity since the last announcement in 2019. The…

(Reuters) - Austrian bank Erste Group reported better-than-expected earnings in the first quarter as the recovery in Central and Eastern European economies enabled it to reduce its risk provisions. The profitability of the retail bank…

* First quarter net income 10% higher than consensus* Resumes M&A research as pandemic effects wane* Confirms outlook 2021 (adds details, CEO comments on call)April 30 (Reuters) - Austria's largest bank, Erste Group, said it was…

Born in the tiny Bucharest apartment of a budding writer, software company UiPath rose to a $ 40 billion tech star after becoming Romania's first listed company on Wall Street.Although Romania is often described as the "Silicon Valley"…

New European-wide study by Grai Group reveals the evolution of “Media for Equity” as an effective investment model to finance “direct-to-consumer” startups and a…

REI Finance Advisors, one of the fastest growing advisory firms specializing in attracting non-redeemable funds to Romanian companies, successfully negotiated € 2.5 million…

“For 2021, we are witnessing a spectacular start to the year, possibly the best in the history of the Bucharest Stock Exchange, and we expect this trend to continue. We want to increase the…

“There are a lot of things that can be done for financial inclusion. We have to look around and notice the fintechs that are attacking the market and that offer simplicity, accessibility, simplicity and…

Through the “Higher Education Program Loan in Romania”, the European Investment Bank has pledged a € 100 million higher education…

Bucharest-based fintech start-up FintechOS has announced new funding of € 51m as it seeks to rapidly expand operations - and adopt its low-code approach to transform banks and insurers into world summits.…

The European Investment Bank has granted a new loan of 24 million euros to improve research, academic and student facilities at the “Carol Davila”…

The European Commission has approved a € 400 million program to support companies in the Netherlands offering package and related travel in the context of the COVID-19 outbreak. “This € 400 million Dutch loan program will allow companies…

Senate calls for details on $ 1.5 billion and € 995 million in agricultural loans The Senate Committee on Local and Foreign Debt on Tuesday asked the ministries of Agriculture, Finance and the Debt Management Office to…

BUCHAREST, Romania, March 31 (SeeNews) - Romanian agribusiness firm Agricover Holding listed a five-year bond of 40 million euros ($ 46.9 million) on the Bucharest Stock Exchange, the exchange said on Wednesday. The…

In early 2019, industrialist Sanjeev Gupta was trying to land his biggest prize to date: an agreement to buy a chain of steelworks across Europe from ArcelorMittal SA. There was just one problem: he was having trouble finding the…

BUCHAREST (Romania), March 9 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) announced on Tuesday that it plans to grant two loans worth up to € 36 million (€…

BUCHAREST (Romania), Feb.26 (SeeNews) - La Banca Comerciala Romana (BCR), part of the Austrian group Erste, said on Friday that its net profit rose to 814 million lei ($ 202 million / 167 million d 'euros) in 2020,…