Patria Bank to sell asset management unit to BRD for €5.5 million
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
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.

Delgaz Grid S.A., the electricity and natural gas distribution company of the E.ON România Group, has signed a sustainable refinancing worth RON 3 billion (around €572 million) to meet the company's liquidity needs.
Romania's media market reached an estimated net value of €838 million in 2025, up 5.4% compared to the previous year, according to Media Fact Book 2026, Initiative's annual report.
The Romanian Government has adopted a financing instrument worth RON 5.313 billion (€1 billion) to develop production capacities in Romania.
NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.
Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.