Business Forum
| 6 December, 2024 at 3:30 PM
Three years of growth for AROBS on Bucharest Stock Exchange
Over time, the company attracted growing interest from investors, securing a leading position in the BET AeRO index.
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.
The merger of the two companies contributes to strengthening BT Leasing's market position, as it reaches 35,000 customers.
The ETF, currently listed in Croatia under the ticker 7GROM, has already raised €5.5 million in under six months.
Dell, HP and Crowdstrike reported some good results Wednesday, but despite these, investors were not very happy.
The total balance mortgage balance in payment increased almost fourfold in the last 16 years, from €5.7 billions in 2008 to €21.7 billion today.
Fitch has also upgraded GBR's Viability Rating (VR) to 'bb' from 'bb-' and Shareholder Support Rating (SSR) to 'bb-' from 'b-'.
The private placement was brokered by BRD Groupe Société Générale, as Sole Transaction Coordinator, and BT Capital Partners.
Half of proceeds allocated to green loans for smaller businesses and half for green housing loans.
Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
This is the second year that Banca Transilvania has been rated by Moody's, the rating agency's accreditation supporting BT's efforts to maintain the most efficient cost of capital.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
In 2024, the life insurance market continued to register significant growth amid key economic and social factors.
Romania ranks sixth in Eastern Europe in terms of international gold reserves held.
Romania ranks 2nd among iBanFirst's 10 European markets by average value of forward transactions carried out through the platform (€231,000).
Aiming to eliminate pay discrepancies between men and women across the European Union, the European Council adopted new pay transparency regulations.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
According to the study, the Responsible Behavior and Insurance Benchmark of Romania—55% of Romanians describe themselves as optimistic, while 15% adopt a pragmatic approach.
The General Assembly of Angst's creditors approved the sale of four commercial spaces in Bucharest and one in Ilfov, with a total market value of €3.6 million.
The central bank decided to lower the key interest rate twice this year, in July, from 7% per annum to 6.75% per annum, and in August to 6.5% per annum.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
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
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.