The European Investment Bank (EIB) has granted a €25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps.
Patria Bank announced that its majority shareholder, EEAF Financial Services, holding 84% of the bank's total shares, is exploring strategic options for its investment.
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).
The transaction, which consists of performing consumer loans having a balance of approx. RON 97 million as of 30 April 2024, is expected to close in September 2024.
Cris-Tim Family Holding, the Romanian cold cuts and ready-meals producer, successfully completed its initial public offering (IPO), raising RON 454.35 million (€89.5 million).
The tax-to-GDP ratio in Romania remains one of the lowest in the European Union, despite registering an increase in 2024, according to recent data published by Eurostat.
The Ministry of Energy acknowledged the public statement from Lukoil regarding its intention to sell its international assets.
CruiseHub, part of the Aerotravel group, has become the first travel agency in Romania to organise an expedition-type group cruise to Antarctica.
Courier firm Sameday has announced a significant investment of over €80 million in 2025, dedicated to technology, regional expansion.