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Hyatt subsidiary in talks to step in Romanian market

Aro Palace features 189 guest rooms and suites and a further 67 executive rooms and suites, a spa, bars, and business lounges.

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  News Investments  |  Economy  |  Europe  |  Balkans  |  International  |  Analysis
A structural growth slowdown is underway globally

Nearly all the forces that have powered growth and prosperity since the early 1990s have weakened.

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  News Deals  |  Investments  |  Economy  |  Balkans
Projects with €10M total budget have been tendered by the Albanian Electricity Company

2023 is considered a relatively favorable year for the company

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  News Deals  |  Investments  |  Economy  |  Balkans
Total value of investment transactions in Romania soared  €120M in 1Q2023

Romania outperformed the CEE, with the total for the six major economies (Bulgaria, Czechia, Hungary, Poland, Romania, Slovakia) more than halving.

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  News Deals  |  Investments  |  Tourism  |  Hotels  |  Balkans
Meliá Hotels International acquires new hotel in Montenegro

The future Meliá Bečići Budva will have 294 suites, of which 140 will be apartments measuring up to 118 sqm, all designed to adapt to the different needs of different types of travellers.

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  News Deals  |  Economy  |  Greece  |  Balkans
Eurobank disposes of in Serbian subsidiary

The Transaction is expected to contribute ca, 50 bps to Eurobank’s CET1 ratio.

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  Projects Hotels  |  Balkans  |  Hotels
Bulandra theater in Bucharest to be renovated through PNRR funding

The project aims to provide seismic consolidation and energy renovation of the building

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Hellenic Cables to supply High Voltage submarine cables to Croatian TSO for a cables replacement project

Cables production will start in 2023 and is expected to be completed by February 2024 at Hellenic Cables’ state-of-the-art submarine cable production facility in Corinth, Greece.

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Romania’s state-controlled hydropower group reportedly launches a 1.5GW PV park

The PV park would be the largest of this type in Romania and would involve €1.2 billion of investments.