Business Forum
| 2 December, 2024 at 8:26 PM
BT Leasing and OTP Leasing finalises merger
The merger of the two companies contributes to strengthening BT Leasing's market position, as it reaches 35,000 customers.
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.
Freedom24 is the European subsidiary of the NASDAQ-listed Freedom Holding Corp, an international investment group with expertise in the USA, Europe and Central Asia.
This ETF, expected to debut by year-end, will track the SBITOPtr index, the primary equity benchmark of the Ljubljana Stock Exchange, comprising nine Slovenian blue-chip stocks.
The transaction will be completed following the receipt of the necessary approvals from the Financial Supervisory Authority and the Romanian Competition Council.
he service is offered in partnership with TRANSFOND, the administrator and operator of the Automated Clearing House for Interbank Payments, and administered by the ARB.
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.