Romania launches fourth Fidelis bond IPO of 2026

Business Forum
Romania's Ministry of Finance is conducting its fourth public offering of Fidelis government bonds this year, running from April 14 to 21 on the BVB. .

The IPO includes seven bond issues - three denominated in EUR and four in RON. 

Through the previous 34 offerings, the Ministry of Finance has raised over RON 66 billion (more than €13.3 billion) from individual investors. The bonds can be purchased through an intermediary consortium led by BT Capital Partners, which includes BCR, BRD, TradeVille and UniCredit Bank as intermediaries, plus BT and Libra Internet Bank in the distribution group.

Trading of the new bonds is expected to begin on April 27. Income from Fidelis government bonds, including both interest payments and capital gains, remains exempt from taxation.

This marks the 35th offering since the Fidelis program resumed in July 2020.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Industry

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.

Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

READ MORE
Business Forum  |  29 May, 2026 at 6:02 PM
Business Forum  |  29 May, 2026 at 1:00 PM