As part of LCN’s acquisition, long-term lease renewals have been negotiated.

€9,500 per month is expensive but it complies with rent levels in that area.

Provision were taken due to extreme weather conditions.

The total value of the real estate portfolio amounts to €438 million.

The cost of the project reaches €3,000,000 and the amount will be covered by the Recovery Fund.

The project in the central-west part of Bucharest required an investment of €18 million.

By widening sidewalks, replacing and undergrounding the networks and installing new lighting fixtures.

Late stage VC investment saw the sharpest drop amidst falling valuations and concerns about the profitability and sustainability of business models.