Cosmetic Plant from Cluj has received the Brussels World Trophy for excellence in quality

Cosmetic Plant, one of the most popular local producers of cosmetics, won, for the second time, the Grand Gold Award for the day anti-wrinkle cream Bioliv Antiaging at World Quality Selections 2014, the most important product quality competition in the world, organized by Monde Selection. Also in the same competition, the company was awarded with the Gold Award for the new mattifying day cream GreenSteam Antiaging, according to actmedia.eu.

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IFC Invests $40 Million to Support Growth of Romania’s Banca Transilvania

The IFC Capitalization Fund, a fund managed by IFC Asset Management Company, is investing $40 million in Banca Transilvania (BT), the third largest bank by assets in Romania, a press relese sinforms. The $40 million subordinated loan will strengthen BT’s capital base and support the growth of a systemically important bank in the region focused on small and medium enterprises (SMEs), according to ActMedia.eu.

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