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.
Romania's Ministry of Finance has raised approximately €4.7 billion from international financial markets through the country's first external bond issuance of 2026.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.
Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The European Commission (EC) has approved a €150 million Romanian scheme to support electricity storage, contributing to the transition towards a net-zero economy.
Romania's economy grew 0.7% in real terms in 2025 compared to 2024, though GDP fell 1.9% in Q4 compared to the previous quarter, according to provisional data published by the National Institute of Statistics (INS).
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
Enterprise Investors (EI) Fund IX will invest up to €20.4 million in 18GYM, one of Romania's leading fitness chains, acquiring a minority stake.
Accor has announced the signing of a franchise agreement with Romanian investor MKS PROD to open a new Mercure hotel in Craiova, the second largest city in southern Romania.
Romania's Ministry of Finance approved state aid worth €1.85 billion by the end of 2025, supporting total investments of over €4.2 billion and contributing to the creation of more than 36,000 jobs.
PPC Group and Metlen will establish a 50-50 joint venture for developing, constructing and operating Battery Energy Storage System (BESS) projects of up to 1,500 MW / 3,000 MWh.
Public real estate investor Star Invest has launched a capital increase operation to raise up to €12 million following approval from Romania's Financial Supervisory Authority.
Only a quarter of Romanian CEOs expect their company revenues to grow in 2026, marking the lowest percentage in five years.
The latest escalation involving Iran has shifted markets away from “pure macro” indicators—rates, inflation and growth—and back toward geopolitics as a primary driver, according to an analysis by Freedom24.
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
Romanian deep-tech company Qognifly has launched Drone Wall, an autonomous counter-drone system developed by Romanian engineers and validated in operational conditions.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Coresi Business Campus, owned by Ceetrus, is set to expand in H2 2026 with a new building featuring 11,000 sqm of leasable space.

Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE.
Romanians work some of the longest hours in Europe, with an average of 38.8 hours per week surpassing the European Union average according to Eurostat.
Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Sieyuan Electric.