BRD records 10% gain in net profit during H1 2025
BRD Groupe Société Générale has reported a strong first half of the year, with significant growth in commercial activity and financial performance.
BRD Groupe Société Générale has reported a strong first half of the year, with significant growth in commercial activity and financial performance.
BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.
Vista Bank has completed the acquisition of Alpha Leasing Romania, including its wholly-owned subsidiary Alpha Insurance Brokerage (Romania).
Romania has attracted approximately €4.7 billion through a eurobond issuance, making it the largest sum raised this year.
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.
The Ministry of Finance raised RON 1.65 billion (€326 million) in July through its sixth offering of Fidelis government bonds this year on the Bucharest Stock Exchange (BVB).
The National Bank of Romania (BNR) is maintaining the key interest rate at 6.50% per annum, following a decision of the Board of Directors.
Romanian investors have a strong interest in technology, AI, and cryptocurrency, alongside a strategic allocation to broad-market ETFs and high-yield bonds.
The Ministry of Finance borrowed RON 561.2 million (€112.87 million) from banks on Monday, through a benchmark state bond issue.
Romania's mergers and acquisitions (M&A) market recorded 122 transactions with a cumulative value exceeding €2.7 billion.
Romania's Government aims to double the special turnover tax for banks to 4% as part of a wider fiscal package designed to balance public finances.
EY Romania has announced the promotion of Răzvan Ungureanu to Partner within its Tax Advisory department, effective July 2025.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
Romania's capital market has achieved a significant milestone, being classified as an Advanced Frontier Market by MSCI, a leading global index provider.
Representatives of Romanian banks are opposing the Government's intention to introduce another supplementary tax on the profits generated by credit institutions.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.
The European Commission (EC) has concluded that Romania's recapitalisation of the wholly state-owned Exim Banca Românească, amounting to €250 million (RON 1.25 billion)...
OLX Group has announced the sale of its subsidiary, KIWI Finance, to Partners Financial Services, a Czech financial consulting company.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).
Pleso Therapy startup, the developer of a mental health app, has raised $1.2 million to bolster its European presence.
The net assets of 247 open-ended and closed-ended investment funds in Romania, both local and foreign, saw a slight decrease of 0.9% in April.
GapMinder Fund II announced a €2 million seed investment in Salestools AI, supporting the company's vision to automate and enhance B2B sales processes through autonomous digital agents.
The Ministry of Finance secured RON 846.5 million (€167 million) from banks on Monday through a benchmark government bond issue with a residual maturity of 23 months, at an average annual yield of 7.23%,
The government has greenlit a memorandum to approve a €500 million financing contract between Romania and the European Investment Bank (EIB) to support the A1 Sibiu-Pitești motorway project.
Vastint Romania has joined a wider initiative for the revitalisation of the Dâmbovița River, its banks, and surrounding areas.
DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.
Exim Banca Românească has provided approximately €14 million in financing for a new greenfield investment.
Coca-Cola HBC Romania has completed an investment of RON 5 million (€1 million) in a new photovoltaic park at its plant in Timișoara.