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  TOP NEWS  
Romania freezes state employment from July 1 to cut costs

Romania's government decided to freeze employment in public administration and state institutions starting July 1 until the end of the year, in order to cut costs and reduce the budget deficit, the labour ministry announced.
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Bulgarian parl to debate no-confidence motion against govt on June 21

Commission recommends granting EU candidate status to Moldova
  WHAT TO LOOK FOR TODAY  
CROATIA
Nexi to buy PBZ Card's merchant acquiring business in Croatia for 180 mln euro

Italian PayTech company Nexi said on Friday that it reached an agreement with Croatia's Privredna Banka Zagreb (PBZ), a subsidiary of Italian banking group Intesa Sao Paolo (ISP), and its payment cards unit PBZ Card to purchase PBZ Card's merchant acquiring business for a consideration of 180 million euro ($189 million). >>

ROMANIA
England's Lucy Group buys 80% of Romanian IoT company Flashnet

England-based Lucy Group said it has acquired 80% shareholding in Romanian Internet of Things (IoT) company Flashnet from French electric utility company Engie and two minority shareholders for an undisclosed sum.  >>

SLOVENIA
Slovenia's Equinox signs 20-year lease deal for three hotels

Slovenian real estate company Equinox [LJE:EQNX] has signed an agreement for the lease of Lev, uHotel and Union hotels in Ljubljana to Spanish company Grupo Hotusa in the next 20 years, it said. >>

BULGARIA
Bulgaria's BDB offers 80.5 mln euro in loans to back leasing deals of MSMEs

State-owned Bulgarian Development Bank's (BDB) National Guarantee Fund (NGF) said on Friday that it has partnered with the leasing units of local lenders UniCredit Bulbank and OTP Bank in the initial stage of a new mechanism to provide lease financing to Bulgarian micro, small and medium-sized enterprises (MSMEs). >>

BOSNIA AND HERZEGOVINA
Bosnia's ASA Banka boosts stake in Privredna Banka

Bosnian lender ASA Banka [SAJ:IKBZ] said it has increased its shareholding interest in local Privredna Banka Sarajevo (PBS) [SAJ:BORBRK3] to 9.7617% after buying a 8.445% stake in the peer.  >>
  COMPANY PROFILE  

Engie Romania SA is a Romanian natural gas retail company.

The company operates and maintains the distribution network in southern Romania and is engaged in natural gas import.

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