Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
BT has completed CEE's largest Additional Tier 1 (AT1) bond issuance, raising €500 million in the international capital markets.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
Romanian private healthcare group MedLife has announced an increase in its syndicated credit facility by €50 million, bringing the total to €330 million.
Banca Transilvania Group has Romania's richest track record in acquisitions and integrations.
The taxes paid by Banca Transilvania Group in Romania amount to about 1% of the total tax revenues collected by the state.
Over 430,000 people used AI Search last year, 70% of them visitors to the Ask BT website.
BT is the first banking institution to integrate artificial intelligence into customer communication, services and processes.
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
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.
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.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
The issue, oversubscribed, represents the second ESG issue launched by Banca Transilvania within its multiannual Eurobond programme (Medium Term Notes - MTN) worth €1.5 billion.
The funds raised will help finance sustainable projects in line with the eligibility criteria of the Sustainable Financing Framework.
Banca Transilvania's net profit amounted to RON 1.81 billion, +42.6% compared to the first six months of 2023.
Quartier Azuga is renowned for its commitment to sustainability, featuring Green Homes pre-certification and compliance with the nZEB standard.
This financing will be used to fully repay the existing credit contracted by the company in 2021 from the Black Sea Trade and Development Bank.
Banca Transilvania has impressively jumped from being the 7th to the 3rd strongest banking brand in the world in 2024.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.