Finance | 3 March, 2025 at 11:49 AM
Banca Transilvania and OTP Bank Romania become one bank
Banca Transilvania Group has Romania's richest track record in acquisitions and integrations.
Banca Transilvania Group has Romania's richest track record in acquisitions and integrations.
Early Game will remain an investor in the new merged entity.
The company is also launching the new Rețele Electrice Romania website, www.reteleelectrice.ro, with a series of new features.
The net profit of Romania's major companies has seen a slight decline of 1.6% in 2024, while their debts have surged by €11 billion, reaching a total of €239 billion.
Agroland Group, specialized in retail, agribusiness, food production, and animal nutrition, has secured nearly €1 million in grants through the Modernization Fund to develop four photovoltaic power plants with a total installed capacity of 1.62 MW.
Froneri, one of the world's largest ice cream companies, has agreed to acquire the European ice cream business of Food Union, including the Romanian brand Alpin.
Power producer Electrica has finalized and commissioned a photovoltaic park with a capacity of 27 MW in Satu Mare county.
Tech giant Apple announced a significant expansion of its clean energy projects across Europe, including a long-term agreement to procure power from a 99MW wind farm in Romania.