Finance
BCR profits rise by nearly 20% in Q1 2025
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,
Franklin Templeton International Services, the Sole Director and Alternative Investment Fund Manager of Fondul Proprietatea, has announced key management changes effective July 1 2025.
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
The average dividend yield proposed for shareholders' voting for a selection of companies within the BETPlus index is 4.8%, according to a Tradeville report.
Remus Vulpescu will be the new CEO of the Bucharest Stock Exchange (BVB) starting this summer, following a board decision
Romanian neobank Salt Bank has recorded over 500,000 customers in the first year of operation, a figure that is double compared to its initial launch projections.
The European Bank for Reconstruction and Development (EBRD) has signed a synthetic securitisation deal with UniCredit Bank.
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
The IFC, part of the World Bank, is facilitating a financing package worth the equivalent of $42 million for Agricover Credit IFN.
Teilor Holding, encompassing the luxury jewelry chain Teilor, Teilor Invest Exchange, and Invest Intermed GF IFN, has announced the listing of two new bond issues on the Bucharest Stock Exchange (BVB).
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
Vista Bank Romania has agreed to take over the loan portfolio of Eurobank's former subsidiary in Romania Bancpost.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
Private pension funds in Romania accumulated assets worth RON 156.44 billion (€31.1 billion) by the end of December 2024.
The InvestALIM program, designed to support the development of the food industry, will provide funding for 12 projects with a total investment value of over €300 million.
Romanian private healthcare group MedLife has announced an increase in its syndicated credit facility by €50 million, bringing the total to €330 million.
Stanleybet Capital, owner of a network of sports betting and slot machine agencies, has listed its second corporate bond issue worth RON 14.8 million (almost €3 million).
The European Commission (EC) has determined that Romania's €200 million (RON 1 billion) recapitalisation of CEC Bank.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.