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“Diaspora Start-up” begins its registrations to encourage Romanians abroad to start business in home country

October 13, 2016

The Ministry of European Funds and the Foreign Affairs Ministry (MAE), through the Department for Relations with Romanians Abroad (DPRRP), opened on Wednesday the registrations for the “Diaspora Start-up” Program, which has an allocation worth 30 million Euros from the Human Capital Operational Programme, a release of the MAE informs. In the first stage, the […]

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Garanti BBVA grants a €7.5 million loan to Romania’s leading paper tissue producer to support sustainable growth

Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec […]

One United Properties posts a consolidated turnover of EUR 285.5 mln and a gross profit of EUR 88.6 mln in 2024

One United Properties (BVB: ONE), Romania’s leading green developer of residential,...

Tate brothers reportedly leave Romania on private jet heading to the US

Controversial social media influencer Andrew Tate and his brother Tristan, who are being investigated on several charges related to human trafficking and other offenses, left Romania in the early hours of Thursday, February 27, according to media reports. They are reportedly heading to the US by private jet. According to

One United Properties posts a consolidated turnover of 285.5 million euros and a gross profit of 88.6 million euros in 2024

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of 285.5 million euros in 2024, gross profit of 88.6 million euros, while the net profit for the year stood at 76.7 million euros. “Over the past five years, One United Properties has transformed from […]

Garanti BBVA grants a €7.5 million loan to Romania’s leading paper tissue producer to support sustainable growth

Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec […]

E.ON installs 655 kWp PV system for Continental factory in Romania

E.ON Energie Romania completed the construction of a 655 kWp installation in Timişoara for Continental Automotive, one of the largest developers and manufacturers of innovative systems in the automotive sector. The project involved the installation of a photovoltaic system consisting of 1,440 solar panels that will provide almost 715 MWh of renewable electricity for Continental […]