Banca Transilvania Raises EUR1B Via Bond IssueBanca Transilvania, Romania’s largest banking group by assets, completed a EUR1 billion issue of senior non-preferred bonds on international capital markets on Wednesday, with investor demand substantially exceeding supply.
Lukoil-Owned Petrotel Refinery Set to Be RestartedPetrotel Ploiesti refinery, owned by Lukoil, will be restarted in 45 days after Romania got a derogation from the US government, announced Romanian energy minister Bogdan Ivan.