BCR has partnered with the Investment and Development Bank (BID), becoming the first financial institution to sign a portfolio guarantee convention aimed at funding SMEs.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
Norofert, the Romanian producer of organic agricultural inputs and biotechnology provider, has started a share capital increase to raise up to RON 9 million (€1.8 million) following approval from the Financial Supervisory Authority.
Romania's trade deficit decreased by €673 million to €32.7 billion in 2025, representing a 2% improvement compared to 2024, according to data published by the National Institute of Statistics (INS).
BCR and EBRD are financing NewCold for the development of Romania's first large-scale, fully automated, and digitally integrated cold storage facility.
Banca de Investiții și Dezvoltare (BID) has signed 18 guarantee agreements with financial intermediaries in Romania.
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.