Patria Bank's majority shareholder explores stake sale

Business Forum
Patria Bank announced that its majority shareholder, EEAF Financial Services, holding 84% of the bank's total shares, is exploring strategic options for its investment.

These options include a potential disposal of all or part of its shares in the lender.

EEAF Financial Services has not made any definitive decision regarding a specific option, and the bank emphasized that there is no certainty as to whether or when such a decision might be made in the future.

Patria Bank's subscribed and paid-in share capital stands at RON 327.8 million (€65.8 million). 

The bank's shares were up 13.61% to RON 0.09 on Friday closing session on the BVB.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Romania cuts budget deficit by more than half in Q1 2026
Finance

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

Industry

Siemens wins Romania's first hydrogen train contract

Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.

Industry

AI simplifies work but fuels employee anxiety, survey finds

AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.

READ MORE
Business Forum  |  29 April, 2026 at 4:42 PM