Finance

Business Forum   |   1 August, 2025 at 4:00 PM

BRD names new Interim Chairman

BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.

Business Forum   |   1 August, 2025 at 2:10 PM

Insolvencies surge by 32% in Bucharest

Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.

Business Forum   |   1 August, 2025 at 10:52 AM

BCR records net profit gain of 12% in H1 2025

BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.

Business Forum   |   7 July, 2025 at 8:00 PM

Freedom24: Romanians boost trading in AI stocks

Romanian investors have a strong interest in technology, AI, and cryptocurrency, alongside a strategic allocation to broad-market ETFs and high-yield bonds.

Business Forum   |   3 July, 2025 at 7:00 PM

Romania to double turnover tax for banks

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.

Business Forum   |   27 June, 2025 at 9:02 AM

BT raises RON 1.5 billion in record bond sale

Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).

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Romanian economy shows signs of recovery in Q3
Economy

Romanian economy shows signs of recovery in Q3

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.

Real estate

MedLife reports 20% growth in first nine months

MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.

Finance

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.