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Banca Transilvania loans €20M for Bucharest's Quartier Ferdinand housing project, part of wider economic activities.
Banca Transilvania has lent €20 million to STC Partners for the construction of Quartier Ferdinand, a housing project in Bucharest, with a total investment of more than €35 million, set to be completed by Q4 2026.
Meanwhile, Romanian cities are investing over €30 million in waste collection infrastructure.
Economic confidence among managers reached a post-pandemic low of 33.3 points in April.
AAylex ONE, a poultry company, secured a €14.1 million loan for expansion.
The Romanian entrepreneurial group EM saw a record-high turnover of €200 million in 2021 and is considering an IPO.
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Banca Transilvania otorga un préstamo de 20 millones de euros para el proyecto de vivienda Quartier Ferdinand en Bucarest, que forma parte de actividades económicas más amplias.