Business Forum
| 8 July, 2025 at 5:17 PM
National Bank of Romania keeps key rate at 6.50%
The National Bank of Romania (BNR) is maintaining the key interest rate at 6.50% per annum, following a decision of the Board of Directors.
The National Bank of Romania (BNR) is maintaining the key interest rate at 6.50% per annum, following a decision of the Board of Directors.
Romanian investors have a strong interest in technology, AI, and cryptocurrency, alongside a strategic allocation to broad-market ETFs and high-yield bonds.
The Ministry of Finance borrowed RON 561.2 million (€112.87 million) from banks on Monday, through a benchmark state bond issue.
Romania's mergers and acquisitions (M&A) market recorded 122 transactions with a cumulative value exceeding €2.7 billion.
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.
EY Romania has announced the promotion of Răzvan Ungureanu to Partner within its Tax Advisory department, effective July 2025.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
Romania's capital market has achieved a significant milestone, being classified as an Advanced Frontier Market by MSCI, a leading global index provider.
Representatives of Romanian banks are opposing the Government's intention to introduce another supplementary tax on the profits generated by credit institutions.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.
The European Commission (EC) has concluded that Romania's recapitalisation of the wholly state-owned Exim Banca Românească, amounting to €250 million (RON 1.25 billion)...
OLX Group has announced the sale of its subsidiary, KIWI Finance, to Partners Financial Services, a Czech financial consulting company.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).
Pleso Therapy startup, the developer of a mental health app, has raised $1.2 million to bolster its European presence.
The net assets of 247 open-ended and closed-ended investment funds in Romania, both local and foreign, saw a slight decrease of 0.9% in April.
GapMinder Fund II announced a €2 million seed investment in Salestools AI, supporting the company's vision to automate and enhance B2B sales processes through autonomous digital agents.
The Ministry of Finance secured RON 846.5 million (€167 million) from banks on Monday through a benchmark government bond issue with a residual maturity of 23 months, at an average annual yield of 7.23%,
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.
The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.
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.
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.
Moov Leasing, a Romanian company specializing in 100% digital operational leasing for individuals, microenterprises, and SMEs.
The main index of the Bucharest Stock Exchange (BVB), the BET, experienced a significant downturn on Monday, falling by 2.63% to 16,689 points by the late afternoon.
Vodafone Romania acquired Telekom Romania Mobile Communications on 1 October 2025 and has begun the phased integration of operations, systems and Telekom's network. The merger of the two companies is scheduled for the end of 30 June 2026.
Enexus has signed an EPC contract to develop a 75 MWp photovoltaic power plant in Alba Iulia with Compeador Construct, a subsidiary of Astor RO Energy, the Romanian investment vehicle of Turkish group Astor Enerji.
The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.
Romanian energy group Electrica recorded a 58.2% surge in net profit for Q1 2026, driven by a transition back to competitive market mechanisms following the removal of price capping schemes.
American industrial real estate developer Mega Company has completed a new temperature-controlled warehouse spanning 4,500 sqm at its Mega MDO Logistics Park in Chiajna, Ilfov County. The investment totalled approximately €10 million.