Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Romanian metal company Lio-Metal has opened a €5 million manufacturing facility in Galați. The greenfield investment was backed by financing from ING Bank.
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
ING Bank Romania's revenues reached RON 3.8 billion in 2024, up 13% compared to 2023, and the value of the bank's total assets increased to RON 78 billion, up 9%.
Each initiative benefits from funding between RON 230,000 and almost RON 270,000 and the projects are planned to be completed throughout 2025.
Entrepreneurs have automatic access to offers, directly from ING Business, the internet banking platform dedicated to them.
For those who monitor their common expenses, the preferred tool is the banking application, used for this purpose by 36% of the respondents.
Thanks to continuous and prudent lending policies, provisions were still low at approximately RON 58 million, but higher than in the same period last year.
The funds will be utilized to refinance the development of 40 green logistics buildings (Green buildings) of Class A.
ING Bank Romania announces the launch of the account for joint spending ING Together, dedicated to those who choose to manage their money together with other close people.
ING Bank Romania has financed Medisprof Group, which owns the largest private oncology hospital in western Romania, to expand in the region of Moldova.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Despite significant market volatility, a new report by law firm CMS reveals that half of European dealmakers anticipate an increase in M&A activity over the next 12 months.
Romanian private healthcare operator MedLife has launched the new Institute of Orthopaedics, located within the MedLife Medici's Hospital in Timișoara.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.