OTP Bank Romania announces the conclusion of a financing agreement with Nusco Imobiliara for the construction of 3 residential buildings.
A society without cash would not be beneficial for people, because it would lead to violations of individual autonomy and human rights.
The amount of loans granted by non-banking financial institutions (NBFIs) in Romania reached a record level of almost RON 50 billion in 2023, after an annual advance of 13,9%.
Signal Iduna Asigurare Reasigurare recorded a growth in gross written premiums of approximately 34% in 2023 compared to the same period of the previous year.
Straco Real Estate and Baltisse announce the successful acquisition of a majority stake in SPEEDWELL, a premier real estate developer based in Romania.
With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform.
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
Ministers meeting in Luxembourg welcome the Action Plan presented by President Calviño to update the definition of dual-use projects and extend EIB credit lines.
STEIN Bestasig will coordinate the PIB Group's expansion in Romania, with a series of M&A acquisitions starting in 2024.
Vista Bank is the tenth bank that offers its own customers the facility to verify the payee's identity for payments in RON made through internet banking.
BRD and IFC closed a landmark synthetic significant risk transfer transaction that will free up capital for BRD to boost the financing of sustainability-related projects.
The Ministry of Finance is preparing a new state aid scheme for investments, similar to GD 807/2014: annual budget is estimated at €150 million.
Differentiating itself from traditional banks, Salt Bank aims to be more than a bank: a 100% digital experience, adapted to users' contemporary needs.
This decision aims to strengthen the company's market position and diversify its sources of funding.
During the first three months of 2024, the Romanian mergers and acquisitions (M&A) market recorded 63 transactions.
Romanian Association for Investor Relations, the promoter of the Investor Relations (IR) concept, announces that Bento - 2B Intelligent Soft, becomes an Associate Member of ARIR.
Metropolitan Life, registered during the year 2023 gross written premiums amounting to RON 625.1 million, having an increase of 7.95% compared to the previous year.
The virtual cards will complete the ecosystem of digital solutions offered by Edenred and will also contribute to reducing plastic from the company's operations.
Startup Reaktor is the Romanian representative of the EIT Digital Venture Incubation Program developed by EIT Digital.
Oveit, the SaaS-based live event management technology, is excited to announce its campaign to raise €400,000 via SeedBlink
Revolut became one of the first digital banks in the Economic European Area (EEA) and the first in Romania to launch eSIM.
The Study analyses a record 559 deals throughout 2023, indicating the resilience and adaptability of the European M&A market amidst challenging global conditions.
More than 100 million transactions, worth a total of RON 13.6 billion, were processed through the approximately 25,000 PayPoint partner stores.
ING Bank Romania announces the launch of the account for joint spending ING Together, dedicated to those who choose to manage their money together with other close people.
Romania's GDP increased by 0.3% on the unadjusted series and 1.5% on the seasonally adjusted series in the first six months of the year, compared to the first half of 2024.
Romania is set to establish its first national AI infrastructure through a joint project launched by the National Institute for Research and Development in Informatics.
The European Investment Bank (EIB) has granted a €25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps.
Rețele Electrice Romania, part of the PPC group in Romania, is investing approximately RON 70 million (€14 million) to upgrade Bucharest's electricity distribution infrastructure.
Visual Fan's Allview Energy division has completed a 1.96 MWp photovoltaic park project at the Cacica Salt Mine in Pârteștii de Jos, Suceava County.