Finance

Business Forum   |   22 May, 2025 at 3:02 PM

Income fintech looks to raise funding on SeedBlink

Income, an Estonian fintech company connecting investors with non-bank lenders, announced today its target to raise €1.5 million to expand its private debt investment platform.

Business Forum   |   19 May, 2025 at 10:36 AM

BVB indices open higher on Monday

The Bucharest Stock Exchange (BVB) opened the trading week in positive territory, with most of its main indices showing gains in the early hours of Monday.

Business Forum   |   8 May, 2025 at 12:51 PM

Romania's three-month ROBOR index jumps to 7.25%

The three-month ROBOR index, which is used to calculate the cost of consumer loans in lei with variable interest rates, increased to 7.25% per annum on Thursday, from 6.47% per annum in the previous session.

Business Forum   |   2 May, 2025 at 3:00 PM

Etiq AI raises €900,000 in GapMinder-led round

Etiq AI, the AI startup founded by Iris Anson and Raluca Crișan, has secured €900,000 in seed funding led by GapMinder VC, adding to their £1 million grant from InnovateUK.

Business Forum   |   30 April, 2025 at 5:10 PM

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

Business Forum   |   15 April, 2025 at 6:18 PM

Fil Rouge Capital expands into Romania

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.

Business Forum   |   14 April, 2025 at 9:25 AM

Dividend season on the BVB: Average of nearly 5%

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.

Business Forum   |   14 April, 2025 at 7:20 AM

BVB appoints new CEO

Remus Vulpescu will be the new CEO of the Bucharest Stock Exchange (BVB) starting this summer, following a board decision

Business Forum   |   10 April, 2025 at 4:45 PM

Salt Bank exceeds 500,000 customers in first year

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.

Business Forum   |   1 April, 2025 at 5:17 PM

Romania's insurance market gains 11% in 2024

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).

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DRUID AI secures funding, names new CEO

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.