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.

The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.