Tag: EIF (6 articles)

Finance   |   14 November, 2025 at 12:42 PM

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

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Finance

IFC to acquire 10% stake in Romanian pension firm Carpathia

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.

Industry

Electric cars registrations in Romania up to 26% during April 2026

New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).

Economy

Romania's trade deficit drops 9.3% in Q1

Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).