Tag: million euros
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Leader: Europe must break its fatal dependence on Russian energy
Artwork by André Carrilho In 2014, following Russia’s annexation of Crimea, then-Polish Prime Minister Donald Tusk warned: “Overreliance on Russian energy weakens Europe. Eight years later, ... -
IuteCredit publishes unaudited results for 12M/2021
DGAP-News: IuteCredit Finance S.à.rl / Key word(s): Annual results17.02.2022 / 12:00 The issuer is solely responsible for the content of this announcement. IuteCredit publishes unaudited results ... -
Iutecredit continues to execute strategic acquisition plans
DGAP-News: IuteCredit Finance S.à.rl / Keyword(s): Acquisition14.02.2022 / 10:35 The issuer is solely responsible for the content of this announcement. Iutecredit continues to execute strategic acquisition ... -
Neighboring Romania and Moldova sign agreements to strengthen ties
European Union member Romania and neighboring Moldova, one of Europe’s poorest countries, signed a series of cooperation agreements following joint government meetings in Moldova’s capital, Chisinau ... -
Romania to release 100 million euro aid to Moldova in joint government meeting
Joint infrastructure and development projects and the €100 million non-reimbursable financial assistance agreement are the main topics on the agenda of the joint meeting of the ... -
MICROCAPITAL BRIEF: The Grameen Crédit Agricole Foundation invests the local currency equivalent of $650,000 in Moldova’s Smart Credit
The Grameen Crédit Agricole Foundation (GCA), a Luxembourg-based funder that promotes “financial inclusion and social impact entrepreneurship”, has granted in local currency the equivalent of approximately ... -
BSTDB invests in the issuance of Energo-Pro bonds to help improve the reliability of the Bulgarian power grid
SOFIA (Bulgaria), February 4 (SeeNews) – The Black Sea Trade and Development Bank (BSTDB) announced on Friday that it will invest 45 million dollars (39.6 million ... -
After-tax profit of Moldovan banks increases by 54% in 2021
CHISINAU (Moldova), January 26 (SeeNews) – The after-tax profit of Moldovan banks amounted to 2.3 billion lei ($128 million/113 million euros) in 2021, compared to 1.5 ... -
Romania infrastructure map: +1.5 billion. Investments in EUR expected in 2022
New infrastructure projects worth more than €1.5 billion are expected to be delivered in regional cities across Romania this year, while in Bucharest, construction work on ... -
EBRD eyes strong investment program in Moldova in 2022
CHISINAU, Moldova, Jan. 21 (SeeNews) – European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso said she expects the bank to embark on a robust ... -
Press review: Bank of Russia wants cryptocurrency ban and airlines commit to 5G in the US – Press review
Vedomosti: US reveals costs of possible new sanctions against ‘Russian invasion’ of Ukraine US President Joe Biden has said that Washington may react differently to different ... -
MICROCAPITAL BRIEF: Microinvest of Moldova borrows $3.4m from agents for impact on microfinance and SME lending
Agents for Impact (AFI), a Germany-based impact investment firm, recently informed MicroCapital that it had loaned the second of two tranches to Microinvest, a lender to ... -
Estonian fintech IuteCredit buys 10% of Moldovan bank Energbank
CHISINAU, Moldova, Jan. 12 (SeeNews) – Estonian financial technology company IuteCredit announced on Wednesday that it has acquired a 9.976% stake in Moldovan lender Energbank for ... -
IuteCredit acquires 10% of the capital of Energbank
DGAP-News: IuteCredit Finance S.à.rl / Keyword (s): Acquisition IuteCredit acquires 10% stake in Energbank – Acquisition of qualifying stake approved by the Central Bank of Moldova ... -
FIF – EaP SMEC – Eximbank
Project description A senior loan of EUR 5 million, consisting of two equal tranches with tranche A committed and tranche B uncommitted, to Eximbank under the ... -
EC approves € 150 million macro-financial assistance to Moldova
Regional today Thursday January 6, 2022, 1:40 p.m. The European Commission announced on Tuesday that it had adopted a proposal to grant Moldova new macro-financial assistance ... -
Why 2022 could be a great year for Moldova
It had been a long time since there had been so much goodwill towards Moldova from its international partners. Just over a year has passed since ... -
Balkan Insight in 2021: the stories that matter most
As part of the global Pandora Papers leaks, we revealed how Bosnian engineering giant Energoinvest, which built the power interconnection line between Albania and Kosovo, paid ... -
European Union: Moldova draws closer to the EU despite pressure from the Kremlin | International
In one of the flowerbeds in Esteban el Grande square, in the center of Chisinau, a light blue flag of the European Union, with its 12 ... -
BSTDB lends $ 3M in Moldova express leasing and microcredit for MSMEs
CHISINAU (Moldova), December 22 (SeeNews) – The Black Sea Trade and Development Bank (BSTDB) on Wednesday announced that it had granted a loan of 3 million ... -
What can the EU offer its eastern neighbors? – European integration
On November 15, the EU’s Eastern Partnership (EaP) summit with six post-Soviet states – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine – will be held in ... -
BSTDB, the National Guarantee Fund to promote € 75 million financing for Bulgarian SMEs
SOFIA (Bulgaria), December 7 (SeeNews) – The Black Sea Trade and Development Bank (BSTDB) and the Bulgarian National Guarantee Fund (NGF) have signed a framework agreement ... -
European Peace Facility: Council adopts assistance measures for Georgia, Republic of Moldova, Ukraine and Republic of Mali
The Council today adopted a series of decisions establishing four aid measures within the framework of the European Peace Facility (EPF) in support of Georgia, the ... -
Transgaz in Romania signs 220 million lei (74 million euros) loan agreement with BCR
BUCHAREST (Romania), November 26 (SeeNews) – Romanian gas transport company Transgaz [BSE:TGN] announced on Friday that it had signed a loan agreement of 220 million lei ... -
Romgaz leads first-rate declines on Bucharest stock exchange, stock indices end week in the red
BUCHAREST (Romania), November 19 (SeeNews) – Romanian private healthcare provider Romgaz [BSE:SNG], led the declines among the Bucharest Stock Exchange (BVB) blue chips on Friday, according ... -
End corruption and dependence on Gazprom for Moldova, says Prime Minister | Moldova
Moldova, which was forced to declare a state of emergency after Gazprom raised gas prices in September, will only be free from outside interference when it ... -
An amazing real estate transaction, Santa Claus will receive visits to Romania, where he will have his own permanent address
To the joy of thousands of children in our country, in Negrești, Neamț, began the construction of the only theme park dedicated to Santa Claus, titled ... -
CJEU concludes ad hoc arbitration agreements between EU investors and EU member states are incompatible with EU law
For the second time in two months, the EU’s highest court has issued a judgment extending the effect of its landmark 2018 ruling in the Slovak ... -
Moldova Considering Chinese Investments, Wary of Montenegro Road | Business | Economic and financial news from a German point of view | DW
The Moldovan Embassy in Beijing recently presented 20 projects in the post-Soviet republic for potential Chinese investment. Worth a total of $ 1 billion (880 million ... -
Moldova receives $ 70 million from EU to tackle energy crisis
Moldovan President Maia Sandu addresses the General Debate of the 76th Session of the United Nations General Assembly in New York, USA, September 22, 2021. John ... -
Eight updates for plane, ferry and train travel to and from France
We take a look at some of the travel news for travel to, from and around France, by air, rail and sea, occurring this week. New ... -
EU provides € 600 million in aid to Ukraine
The European Union has disbursed 600 million euros ($ 696 million) in macro-financial assistance to Ukraine as part of a program to limit the economic fallout ... -
Why Estonia and Hungary were so reluctant to accept the OECD minimum tax rate
Not all emerging European countries have welcomed the OECD’s global minimum tax rate of 15 percent. The Organization for Economic Co-operation and Development (OECD) global minimum ... -
Moldova secures preliminary loan agreement of $ 564 million with IMF
CHISINAU (Moldova), October 21 (SeeNews) – Moldova has reached a preliminary agreement with the International Monetary Fund (IMF) for a financing program of 564 million dollars ... -
Moldovan journalists win freedom of expression case at European Court of Human Rights – EU-OCS
The European Court of Human Rights has ruled against the Moldovan authorities, and in favor of the investigative media RISE Moldova after the latter was sued ... -
The EU provides 50 million euros in macro-financial assistance to the Republic of Moldova – The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology
(Credit: Unsplash) This article is presented to you in association with the European Commission. The European Commission, on behalf of the EU, has provided € 50 ... -
EU provides € 50 million in macro-financial assistance to Republic of Moldova – India Education | Latest Education News | Global education news
The European Commission, on behalf of the EU, has provided € 50 million in macro-financial assistance (MFA) to the Republic of Moldova. This disbursement is part ... -
Moldovan President appoints Acting Prosecutor General
CHISINAU (Moldova), October 7 (SeeNews) – Moldovan President Maia Sandu has announced that she has appointed Dumitru Robu interim prosecutor general after his predecessor was arrested ... -
announces the settlement and listing of € 75 million of corporate bonds 11% 2021/2026
DGAP-News: IuteCredit Finance S.à .rl / Keyword (s): Obligation IuteCredit announces the settlement and listing of € 75 million of 11% corporate bonds 2021/2026 06.10.2021 / 15:30 ... -
IuteCredit announces the settlement and listing of € 75 million of 11% corporate bonds 2021/2026
DGAP-News: IuteCredit Finance S.Ã .rl / Keyword (s): Obligation06.10.2021 / 15:30 The issuer is solely responsible for the content of this advertisement. IuteCredit announces the settlement and ... -
bne IntelliNews – Moldova’s Attorney General arrested on four corruption charges
Moldovan Prosecutor General Alexandr Stoianoglo was detained for 72 hours and his home and general prosecutor’s office were raided by the intelligence services, SIS, on October ... -
bne IntelliNews – Prosecutor General of Moldova arrested on four counts of corruption
Moldovan Prosecutor General Alexandr Stoianoglo was detained for 72 hours and his home and general prosecutor’s office were raided by the intelligence services, SIS, on October ... -
The operator of the port of Giurgiulesti in Moldova to start construction of a new berth
CHISINAU (Moldova), October 5 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) has announced that the operator of the international free port of Giurgiulesti ... -
Pandora Papers: a new leak reveals the hidden riches of the Balkan PEPs
The files would also establish a link between the Czech Prime Minister Andrej Babis in a murky € 15million offshore deal to fund the purchase of ... -
BSTDB gets the green light from shareholders for an increase in the cap
SOFIA (Bulgaria), October 4 (SeeNews) – The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) has decided to increase the bank’s subscribed ... -
BSTDB shareholders decide to increase the subscribed capital
17:13, 1 October 2021 YREVAN, OCTOBER 1, ARMENPRESS. Following the adoption of the long-term strategy for the period 2021-2030 earlier this year, the Board of Governors ... -
German President pledges support for Moldova’s reform program
CHISINAU – During a visit to Chisinau, German President Frank-Walter Steinmeier pledged Berlin to provide aid of 10 million euros ($ 11.6 million) to support the ... -
EU provides 36.4 million euros to fight COVID-19 and support police reform in the Republic of Moldova – The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology
(Credit: Unsplash) This article is presented to you in association with the European Commission. Today, the European Union provided a 36.4 million euro grant to the ... -
IuteCredit issues 75 million euros of corporate bonds to professional and private investors
DGAP-News: IuteCredit Finance S.Ã .rl / Keyword (s): Obligation IuteCredit issues 75 million euros of corporate bonds to professional and private investors 2021-09-27 / 10:00 L The ... -
issues € 75 million in corporate bonds to professional and private investors
DGAP-News: IuteCredit Finance S.Ã .rl / Keyword (s): Obligation IuteCredit issues 75 million euros of corporate bonds to professional and private investors 09/27/2021 / 10:00 The issuer ... -
Moldovan Prime Minister to visit Brussels next week to gain EU support for reforms
Sumaira FH 1 day ago Fri, September 24, 2021 | 10:30 p.m. Moldovan Prime Minister Natalia Gavrilita announced on Friday her official visit to Brussels, scheduled ... -
bne IntelliNews – Moldova to invest € 75 million in thermal insulation of public buildings
Moldova has taken steps to contract loans of 30 million euros from the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), ... -
EIB approves EUR 4.8 billion in new financing for 24 projects
The Board of Directors of the European Investment Bank (EIB) today approved plans to strengthen its global commitment to development. It also approved € 4.8 billion ... -
Post-pandemic recovery plan already in force in Moldova – European Commission official
A plan designed by the European Union to restore the Moldovan economy after the pandemic has already been implemented, said Katarina Mathernova, deputy director general of ... -
Mintos crosses € 7 billion loan mark
Mintos has hit the € 7 billion (£ 5.97 billion) milestone. The European peer-to-peer lending platform has said in the past two weeks that its top ... -
German real estate broker McMakler plans IPO, CEO says
Band Matthias Inverardi DUESSELDORF, September 10 (Reuters) – German real estate broker McMakler is considering financing options, including a possible stock float, after deciding not to ... -
MICROCAPITAL BRIEF: The Grameen Crédit Agricole Foundation lends $ 4.6 million to Agency for Finance in Kosovo (AFK), Microinvest de Moldavia, Monte Credit du Montenegro
The The Grameen Crédit Agricole Foundation (GCA), headquartered in Luxembourg, has informed MicroCapital that it is granting loans to: (1) the Kosovo Finance Agency (AFK) for ... -
Romania pledges additional financial support to Moldova
Romania is ready to renew the € 100 million financial assistance program extended to Moldova, which was not renewed by the pro-Russian government of Ion Chicu ... -
bne IntelliNews – Moldova’s largest bank MAIB plans overseas IPO
Moldova Agroindbank (MAIB), Moldova’s largest bank with around 30% of total banking system assets, aims to launch an IPO around 2023-24 in London, Amsterdam, Warsaw or ... -
Bucharest Stock Exchange Romania Valuation and Assessment Lists
BUCHAREST, Romania, Sept. 2 (SeeNews) – Appraisal & Valuation, a company specializing in appraisal, advisory and real estate development services, has started trading on the alternative ... -
THE BLACK SEA COMMERCIAL AND DEVELOPMENT BANK PROVIDES A PORTFOLIO INCREASE OF 5 TO 7% PER YEAR
The Black Sea Trade and Development Bank (BSTDB, Thessaloniki) intends to achieve an annual increase in the value of its portfolio of 5-7% in 2021-2030 and ... -
Moldova celebrates 30 years of independence from the Soviet regime | World news
By STEPHEN McGRATH AND AUREL OBREJA, Associated Press CHISINAU, Moldova (AP) – The pro-Western president of Moldova was joined on Friday in the capital Chisinau by ... -
BSTDB allocates more than 140 million euros to Azerbaijan [PHOTO]
August 27, 2021 17:10 (UTC + 04: 00) 802 By Vugar Khalilov The Black Sea Trade and Development Bank (BSTDB) has approved eight deals for Azerbaijan ... -
EBRD buys 25% stake in Romanian subsidiary Transgaz in Moldova
BUCHAREST (Romania), August 25 (SeeNews) – Romanian gas transport company Transgaz [BSE:TGN] announced Wednesday that the European Bank for Reconstruction and Development (EBRD) has become a ... -
bne IntelliNews – BRICKS & MORTAR: The rapid economic recovery in Romania has supported real estate investments
Investment volumes in the Romanian real estate market have remained healthy since the start of the pandemic, according to a new report from JLL. JLL reported ... -
Cegeka Romania plans to expand into several cities in Romania and Moldova by creating satellite offices
Cegeka Romania, one of the main providers of IT&C solutions, recorded a turnover of 18.8 million euros in mid-2021, or 12.2% more than in the same ... -
ELEVING GROUP (FORMER MOGO FINANCE) PRESENTS UNAUDITED RESULTS FOR THE HALF YEAR ENDED JUNE 30, 2021
DGAP-News: Mogo Finance SA / Keyword (s): Half-year results / Half-year results06.08.2021 / 13:50 The issuer is solely responsible for the content of this advertisement. Record ... -
Moldovan Parliament confirms Gavrilita is President’s choice for new Prime Minister | World news
CHISINAU (Reuters) – The Moldovan parliament on Friday confirmed the government of pro-Western President Maia Sandu after her PAS party won a snap election in July ... -
IMF plans to provide special financing of $ 236 million to Moldova
CHISINAU (Moldova), July 30 (SeeNews) – The International Monetary Fund (IMF) plans to grant special financing of 236 million dollars (198 million euros) to Moldova, announced ... -
BSTDB lends € 6 million to Fondi Besa in Albania to support MSMEs
TIRANA, Albania, July 28 (SeeNews) – The Black Sea Trade and Development Bank (BSTDB) has announced that it is providing a € 6 million ($ 7.1 ... -
Romanian company Evergent Investments leaves Agricola International Bacau
BUCHAREST (Romania), July 26 (SeeNews) – Romanian investment fund Evergent Investments Group [BSE:EVER] said it had sold its 2.11% stake in local poultry producer Agricola International ... -
Honesty pays off in Moldova
When politician Maia Sandu is campaigning in her tiny country, Moldova, her favorite word is “honest”. She uses it to describe “the majority” of her fellow ... -
Russia Abandons Moldovan Clients, Will Deal With New Pro-Western Government (Part 1)
Russia has done next to nothing to help Igor Dodon’s Socialist Party and other Russophile forces in the recent parliamentary elections in Moldova. The Kremlin and ... -
Anadolu Isuzu signed a tender for 100 buses from Moldova Chisinau
Anadolu Isuzu signed the tender for the Kininevin bus in Moldova Anadolu Isuzu maintains its claim in the export markets with its innovative vehicles developed by ... -
EXPLANATOR-How will the EU’s ban on 10 banks from selling bonds affect markets and banks?
Band Yoruk Bahceli LONDON, June 17 (Reuters) – Ten banks have been excluded for past violations of the antitrust rules of European Union syndicated debt sales ... -
9 years of Palas Iași: 310 million euros of investment, 39.6 million euros of contribution to the local and state budget, more than 9,000 jobs and a city on the map of global investments
May 31st, Palas Iași celebrated the 9th anniversary of its grand opening, materialized by ambitious and innovative projects, the creation of economic and social opportunities for ... -
EU announces ‘unprecedented’ recovery plan for Moldova
Bucharest: The Republic of Moldova is expected to receive an unprecedented 600 million euros ($ 733 million) economic stimulus package from the European Union over a ... -
EU announces ‘unprecedented’ stimulus package for Moldova
BUCHAREST (AP) – The Republic of Moldova set to receive from the European Union an “unprecedented” economic stimulus package of 600 million euros ($ 733 million) ... -
European Commission mobilizes € 600 million in aid for post-coronavirus recovery in Moldova
CHISINAU (Moldova), June 2 (SeeNews) – The European Commission (EC) on Wednesday announced that it will mobilize up to € 600 million ($ 731 million) in ... -
Lake Balaton under threat: elsewhere in emerging Europe
Our weekly collection of articles on emerging Europe published elsewhere this week, all of which grabbed our attention and are well worth your time. However, listing ... -
ProCredit: the annual general meeting of ProCredit Holding approves a dividend of 0.18 EUR per share
ProCredit Holding AG & Co. KGaA (ProCredit Holding), based in Frankfurt Main, Germany, which is the parent company of the development-oriented ProCredit group consisting of commercial ... -
ProCredit Holding annual general meeting approves dividend of 0.18 EUR per share
DGAP-News: ProCredit Holding AG & Co. KGaA / Keyword (s): Dividend / AGM / EGM 28.05.2021 / 09:42 The issuer is solely responsible for the content ... -
bne IntelliNews – Household borrowing drives loan growth in Moldova
Bank lending volume in Moldova, defined as net claims on the banking system, increased 13.6% year-on-year to 51.0 billion MDL (2.37 billion euros) at the end ... -
Alukonigstahl brings in 21.5 million euros. turnover last year and aims to consolidate and develop activities in the residential segment in 2021
Alukonigstahl Romania, the local subsidiary of the European market leader in aluminum, PVC and steel systems, recorded a turnover of 21.5 million euros between January and ... -
In 2020, the ECHR ordered Moldova to pay more than 1.9 million euros in 28 cases lost in court – Government, public sector
Moldova: In 2020, the ECHR ordered Moldova to pay more than 1.9 million euros in 28 cases lost in court May 19, 2021 GRATA International To ... -
bne IntelliNews – Gazprom tries once again to force Moldova to pay Transnistria’s gas bill
Gazprom initiated another lawsuit – on the 16th – against its own subsidiary Moldovagaz at the International Court of Arbitration of the Russian Chamber of Commerce ... -
bne IntelliNews – Moldova’s foreign trade turns to industrial goods but shows a larger deficit
Moldova’s trade deficit widened by up to 22% year-on-year to $ 838 million, as reported by the statistics bureau, or 11% year-on-year to reach € 698 ... -
bne IntelliNews – Money laundering drives up property prices in Western Balkan cities
The real estate and construction sectors are being used to launder illicit money from the drug trade and migrant smuggling in the Western Balkans, causing real ... -
Real estate developer Impact builds residential complex with more than 1,000 apartments in Iasi
Impact Developer & Contractor will this year start work on a major residential complex in Iasi, eastern Romania, which will include a total of 1,096 apartments. ... -
EU pledges Moldova € 600m ahead of decisive elections
Republic of Moldova set to receive ‘unprecedented’ 600 million euros ($ 733 million) economic stimulus package from EU over three years, EU executive body said on ...
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