Thriller starring Nicolas Cage to open this year's horror and fantastic film fest in BiertanThe Full Moon Horror and Fantastic Film Festival, presented by the Transilvania International Film Festival, returns to Biertan for its 11th edition, bringing three days and three nights of premieres, cult films and open-air screenings. The festival opens with the Romanian premiere of The (…)
EIB Lends BRD Sogelease IFN EUR100M to Expand Financing for Small Firms and Mid-Caps in RomaniaThe European Investment Bank (EIB) is lending €100 million to the leasing subsidiary of BRD Groupe Société Générale to increase financing for businesses across Romania. The EIB loan to BRD Sogelease IFN SA will benefit small and medium-sized enterprises (SMEs) and Mid-Caps pursuing a range of (…)
Romania's Banca Transilvania extends EUR 71.4 mln loan for Entek Elektrik PV parkThe largest bank in Romania, Banca Transilvania, announced that it will finance the development of the Eco Sun Nicule?ti photovoltaic park, Entek Elektrik’s first investment in local green energy production, with EUR 71.4 million. It is one of the largest bilateral financings granted to a (…)
Romanian citizen arrested for espionage in GermanyA Romanian citizen accused of espionage has been arrested in Germany, based on a warrant issued by the Federal Court of Justice in Rheine, according to the Ministry of Foreign Affairs. “The German authorities have executed an arrest warrant issued by the Federal Court of Justice in Rheine (…)
Bittnet Systems Puts Up RON25M to Buy Back 23% of SharesBittnet Systems wants to carry out a public offer to buy 142.86 million own shares, almost 23% of its share capital, with a RON25 million budget and a price of RON0.175 per share, above the market price.
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