Rivus Investments, of which Romanian real estate developer Iulius and its foreign partner Atterbury each own 50%, attracted financing of EUR 190.3 million, part of a club loan of EUR 400.6 million, the European Bank for Reconstruction and Development (EBRD) announced on April 29.
The money is intended for the development of the real estate project in Cluj-Napoca, which will be built on the site of the Carbochim factory.
The EBRD announced the board endorsed the provision of a senior...
Unfinished Democracy, an event gathering workshops, civic debates, and conversations exploring new ways to strengthen and reshape democracy in an ever-changing world, takes place in Bucharest on May 11. Throughout the day, the organizers plan to tackle questions about rebuilding trust in institutions (and beyond), the kind of economy people want — protectionist or open […]
Far-right European leaders Marine Le Pen and Matteo Salvini publicly congratulated Romania’s ultranationalist presidential candidate George Simion for placing first in the first round of the presidential elections held on Sunday, May 4. French opposition leader Marine Le Pen argued that the vote represented a defeat for European Commission president Ursula von der Leyen, often […]
The pro-Russian hacker group NoName057 claimed responsibility for the DDoS attack on several official websites belonging to Romanian institutions on Sunday, May 4, the day of the first round of the presidential elections. The official website of the Ministry of Internal Affairs, the official website of the Ministry of Justice, as well as the official […]
Elena Lasconi, the president of the Save Romania Union (USR), has resigned from the party’s helm after the weak score she received in the first round of the presidential elections. Lasconi, who lost her own party’s support for her presidential bid a month before the elections, gathered some
George Simion, leader of the far-right party Alliance for the Union of Romanians, easily dominated the first round of the presidential elections, both in the diaspora and nationally. Around 53% of the nearly 18 million voters in Romania cast a vote on Sunday, May 4. Simion, who allied himself with former pro-Russian, nationalist candidate Calin […]
Rivus Investments, of which Romanian real estate developer Iulius and its foreign partner Atterbury each own 50%, attracted financing of EUR 190.3 million, part of a club loan of EUR 400.6 million, the European Bank for Reconstruction and Development (EBRD) announced on April 29. The money is intended for the development of the real estate […]
