As of September 30, 2024, there were 9.03 million participants enrolled in the 17 private pension funds, compared with 8.86 million at the end of the previous year.
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
During the EY-led process, the team provided full sell-side M&A assistance, structuring and coordinating the execution of the transaction.
Three in five (59%) global retail investors and 76% of Romanian investors expect the bull market to span 2025, with the majority (55%) backing AI stocks to keep rising.
In recent years, the RCA market in Romania has undergone a series of significant changes, which have caught the attention of both local and international actors.
The team of lawyers has advised throughout the entire process, including on aspects regarding financial structuring, regulatory and due diligence.
The EIB loan provides long-term funding in euros or Romanian lei at favourable conditions compared with alternatives in the market.
74% of Salt Bank clients hold higher education degrees, 12% above the 62% average for the banked population in Romania aged 18-55, according to a study by Mercury Research.
Initial election result did not cause one of the worst market declines of past decade, even if the sharpest reactions have historically been tied to legislative uncertainty.
Amid higher prices expectations, buyers remain wary, and many intend to cut back on gifts for themselves or to switch to lower-priced brands.
The transaction price is a maximum of €14 million and is calculated based on a mechanism agreed upon by the parties, considering working capital adjustments and net debt.
With 14 startups funded, over 100 women engaged, and a commitment to transformative innovation, WIT Angels Club solidifies its role in bridging the gender wealth gap.
Building on three years of success, UNCHAIN enters a new growth phase with strengthened international partnerships.
On a monthly basis, Sphera restaurants in Romania serve over 4 million consumers.
The BlueCash integrates the functions of a cash register and a banking POS terminal into one compact device, equipped with a suite of business applications to optimize operations.
Black swans are rare and unexpected events with severe consequences and the potential to cause a change in a formerly held belief or system of beliefs.
This facility marks the fourth financing agreement between BSTDB and Garanti BBVA Leasing during their ten-year partnership.
FieldOS was founded in 2021 by Cristian Dragomir and Ion Gavrilescu and serves as a digital one-stop shop for managing field employees and their resources.
After two years of significant growth (20%+ in 2023 and 2024), the S&P 500's returns are likely to "normalize," with a forecasted rise of 11% to 17% from current levels.
Over time, the company attracted growing interest from investors, securing a leading position in the BET AeRO index.
The transaction, which was oversubscribed by institutional investors, represents a new issue launched by CEC Bank within its multi-year €1.5 billion Eurobonds programme.
57% of Romanian consumers buy banking products online, nearly double that of 2020 (30%).
Central banks are adjusting their policies based on economic indicators rather than a fixed schedule, which keeps currency market volatility high.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.